Norwegian telco Telenor has reported Q3 earnings above expectations, supported by growing mobile service revenue and lower energy prices in the Nordics, and narrowed its full-year projections. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for July-September rose 1.5 per cent on an organic basis to NOK 9.3 billion (€788.7m). “Third quarter was a […]
The total telecom and pay-TV services revenue in India is expected to increase at a compound annual growth rate (CAGR) of 3.1 per cent from $42.3 billion (€39.7bn) in 2022 to $44.9 billion in 2027, primarily driven by mobile data and fixed broadband segments, forecasts GlobalData, the data and analytics company. GlobalData’s India Telecom Operators […]
Telia Company, the Swedish multinational telco, has reported Q3 that revenue increased 4.3 per cent to SEK 21,997 million (€1,894.25m) and like for like, revenue increased 1.1 per cent. Service revenue increased 5.6 per cent to SEK 18,986 million and like for like, service revenue increased 2.6%. For the Telco operations, service revenue increased 3.9 […]
Spain’s three largest telcos – Telefónica, Vodafone and Orange – have urged the EU for a more flexible legal framework that eases mergers in order to face the substantial investments needed in the sector. In a conference organised by El Economista, the president of Telefónica Esoaña, Emilio Gayo, said that the current legislation “is obsolete, […]
Harmonic has announced a giant leap forward in operational efficiency and performance for its cloud-native VOS Media Software, setting a new standard for pay-TV, telco and cable operators worldwide. At IBC2, Harmonic will showcase VOS Media Software enabling simpler, more cost-efficient video streaming delivery. “The latest version of VOS Media Software reinforces our commitment to […]
Nokia, the Finnish multinational telco, and consumer electronics corporation, has reported Q2 revenue declined 3 per cent to €5.7 billion in Q2 2023, with operating profit going down 12 per cent from €714 million in Q2 2022 to €626 million euro in Q2 2023. As announced on July 14th, Nokia now expects full year 2023 […]
Tele2 has announced its consolidated results for Q2 2023. The Sweden-based multi-national telco reported end-user service revenue of SEK 5.3 billion (€0.46bn) increased by 4 per cent organically compared to Q2 2022 due to strong performance in the Baltics and Sweden B2B. Total revenue was at SEK 7.2 billion, up 3 per cent organically compared […]
Almost nine in ten (88 per cent) of the leading telcos in the US and UK are planning to offer ‘super bundling’ as they prioritise revenue growth and customer retention. That’s according to a survey of 115 telco leaders — senior strategic decision makers and budget holders within telecommunications brands — who are eyeing how best to […]
The Australian Communications and Media Authority (ACMA) has put Australia’s telco industry on notice that it must significantly improve its consumer protection framework. A public review of the industry’s Telecommunications Consumer Protections (TCP) Code is currently being undertaken by the industry peak body, Communications Alliance, with an expectation that it will be registered by late […]
Orange Belgium has completed its acquisition of a controlling stake in telco operator, VOO. The closing of this deal will give Orange Belgium a 75 per cent stake minus 1 share in VOO, with the remaining 25 per cent plus one share retained by Nethys. This transaction values VOO at an enterprise value of €1.8 […]