Deutsche Telekom has reported it enjoyed a successful third quarter in 2016, with strong figures from the US and a stable trend in Germany. Net revenue grew by 5.9 per cent compared with the prior-year quarter to €18.1 billion. At the same time, adjusted EBITDA rose 7.2 per cent to €5.5 billion. “These figures show […]
Virgin Media has launched its first 4G tariffs, the last major UK network to offer high-speed mobile Internet plans. Addressing the delay, a Virgin Media told the BBC: “We wanted to make sure we launched 4G properly and wanted to do something different from our competitors. That difference is zero-rating WhatsApp and Facebook Messenger so […]
Vodafone Spain increased revenue by 4 per cent to €3.866.8 billion but incurred in €207 million losses as of the end of March against €159.8 million the previous year. The rise in losses is because of the costs from the redundancies following the acquisition of the cable company ONO and the investments in ultra high […]
In addition to announcing its plans to overhaul its organisational structure, multinational cable, fibre, telecommunications, content and media company Altice is to simplify the Group’s ownership structure and enhance its organisational flexibility through an exchange offer for the outstanding 22.25 per cent of shares in telco subsidiary SFR Group not currently owned by Altice. Altice […]
Vodafone Group and cable MSO Liberty Global have welcomed the conditional clearance by the European Commission of the two companies’ proposed merger of their operating businesses in the Netherlands to form a 50:50 joint venture. Following its Phase I investigation, the European Commission concluded that the transaction, as modified by the commitments offered by the […]
Orange’s sales recovery stuttered in Q2 as competition in the French mobile-phone market weighed on wireless revenue, offsetting increasing demand for broadband services. Sales were little changed at just over €10 billion. Adjusted earnings before interest, taxes, depreciation and amortisation rose 0.1 per cent on a comparable basis to €3.34 billion. Sales are stuttering after […]
Vodafone Group and Liberty Global have announced their intention to appoint Jeroen Hoencamp as Chief Executive and Ritchy Drost as Chief Financial Officer of the two companies’ proposed 50‐50 joint venture business combining Vodafone Netherlands and Liberty Global’s broadband quad-play operator Ziggo. The merger is subject to approval by the relevant competition authorities. Jeroen Hoencamp […]
Vodafone Romania has taken tentative steps into the country’s TV market by test-launching its ‘4G TV’ mobile app At no extra cost, the app gives Vodafone customers access to around 20 channels, both local and international, as well as on-demand services. The app also aggregates content from HBO Go and the local music streaming service […]
The UK’s vote to leave the European Union could have dramatic consequences for the country’s pay-TV viewers. With an exit from the EU would come the abandonment of the various EU-backed ‘Television without Frontiers’ directives, and its follow-up proposals to permit existing national subscribers to view their paid-for programming in foreign countries. The Television Without […]
In a move the pair say will create a leading integrated telecommunications and media group in New Zealand, pay-TV operator SKY and Vodafone New Zealand are to merge, with the Combined Group having the ability to offer New Zealand’s best entertainment content across all platforms and devices in a rapidly evolving media and telecommunications market. […]