Virgin Media O2 has reported Q3 revenue of £2.7 billion (€3.2bn), down 2.7 per cent YoY – primarily attributed to handset revenue decline offsetting stable consumer service revenues underpinned by fixed ARPU growth. The telco’s total fixed customer base now stands at 5.8 million with 15,000 customer additions in Q3, showing a return to fixed […]
Paris-based satellite operator Eutelsat delivered its Q1 financials after the market closed on October 29th. They were positive, other than for its Video division which saw revenues fall 7.3 per cent. Its Video income now represents just 51 per cent of overall revenues, and while the continued decline in Video is disappointing, Eutelsat is doing […]
Spanish TV group, Atresmedia, owner of Antena 3 TV and La Sexta among other channels, has reported a net profit of €77.4 million, up 8.2 per cent, in the first nine months of 2024. Revenues grew by 7 per cent to €713.2 million with TV ad revenues totalling €560.9 million, a 5.2 per cent increase. […]
LG Electronics has announced its Q3 2024 consolidated revenue of KRW 22.18 trillion (€0.015tn) and an operating profit of KRW 751.9 billion. This revenue marks the highest ever for a third quarter, while the operating profit ranks as the fourth highest in the company’s history. Several external factors impacted the third quarter, including a prolonged […]
Orange group has reported Q3 revenues rose 1.6 per cent compared with the third quarter of 2023 (+€153 million) thanks to growth in retail services (+2.5 per cent or +€185 million) and a smaller decline in wholesale services (-3.3 per cent or -€51 million), mainly related to higher unbundling and civil engineering rates in France […]
Telia, the Swedish multinational telco, has reported Q3 revenue decreased 0.9 per cent to SEK 21,749 million (€1,904.4m), and like for like, revenue increased 0.9 per cent. Service revenue decreased 0.6 per cent to SEK 18,820 million and like for like, service revenue increased 1.2 per cent. For the telco operations, service revenue increased 1.1 […]
Viaplay has reported total reported Q3 group net sales of SEK 4,412 million (€386.5m) and total operating income before associated company income (ACI) and items affecting comparability (IAC) of SEK -56 milllion. The Nordic streaming service saw 6 per cent organic sales growth for core operations (Nordics, Netherlands and Select) in the quarter, with reported […]
Tele2, the Sweden-based multinational telco, has reported Q3 service revenue of SEK 5.5 billion (€0.48bn), up 3 per cent organically compared to Q3 2023, attributed to growth across operations. Total revenue amounted to SEK 7.4 billion, an increased of 3 per cent YoY. Profit after financial items (EBT) stoood at SEK 1.4 billion in Q3. […]
Netflix added 5.1 million subscribers in Q3, beating Wall Street estimates by more than 1 million – but it was still the streamer’s smallest subs gain in over a year. The company now has 282.7 million global subscribers. The streaming service saw earnings of $5.40 a share on revenue of $9.83 billion (€9.07bn), and profit […]
Nokia has reported that Q3 net sales declined 8 per cent YoY to €4.33 billion as growth in Network Infrastructure and Nokia Technologies was offset by decline in Mobile Networks primarily in India and a divestment in Cloud and Network Services. Despite this, the company saw a 9 per cent rise in Q3 operating profit […]