Virgin Media O2 and Daisy Group have announced plans to merge their direct B2B operations to create a new force in the UK business communications and IT sector. With annual pro forma revenues of around £1.4 billion, the new entity, formed of substantially all of Virgin Media O2 Business and Daisy Group, will be consolidated […]
Telenor Group has reported that it increased Q1 revenues “during a quarter of global economic instability due to fast-changing tariffs and geopolitical turmoil”. This unpredictability has also created new business opportunities for the Nordics telco. First quarter highlights include: Service revenues of NOK 16.1 billion (€1.3bn) Adjusted EBITDA of NOK 8.6 billion Free cash flow […]
Cerillion, a provider of composable BSS/OSS solutions to the telecoms industry, has announced the launch of Cerillion 25.1, the new release of its pre-integrated BSS/OSS suite, which introduces a powerful, next-generation Promotions Engine designed to give communications services providers (CSPs) unprecedented agility in how they create, manage and scale personalised offers. Many CSPs face challenges […]
Telia, the Swedish multinational telco, has reported that Q1 revenue increased 3.5 per cent to SEK 20.03 billion (€1.83bn) and like for like, revenue increased 3.3 per cent. Service revenue increased 1.9 per cent to SEK 17.03 billion and like for like, service revenue increased 1.8 per cent. Operating income increased 36.4 per cent to […]
Tele2, the Sweden-based multinational telco, has published its consolidated results for the first quarter 2025. The telco reported end-user service revenue of SEK 5.4 billion (€0.49bn), up 1 per cent organically compared to Q1 2024 driven by the Baltics. Total revenue of SEK 7.2 billion remained unchanged organically compared to Q1 2024. Further Q1 highlights […]
According to a report from Dell’Oro Group, a source for market information about the telco, security, networks and data centre industries, telco operators scaled back wireless and wireline investments in 2024. The high-level relationship between carrier revenues, capex and telecom equipment was mostly stable, as both telecom capex and telecom equipment revenues tanked in 2024. […]
A consortium led by Actis, an investor in sustainable infrastructure, has completed the acquisition of a 100 per cent stake in Swiftnet, a telecom tower portfolio in South Africa. The Actis-led consortium, which includes international and local investors including the Mineworkers Investment Company (MIC), a 100 per cent black-owned broad-based South African investment holding company, […]
Virgin Media O2 has created a new specialist team of more than 500 multiskilled and fully converged customer care agents to support UK customers with issues across both fixed (broadband, landline and TV) and mobile services. Comprised of around 250 new hires and 280 existing care agents who have received additional training, this new team […]
New Zealand’s mobile services revenue is poised to increase at a compound annual growth rate (CAGR) of 2.6 per cent from $1.5 billion (€1.3bn) in 2024 to $1.8 billion in 2029, driven by the nationwide network expansion by operators to support the rising demand for high-speed connectivity and data-centric services and the subsequent increasing 5G […]
Fixed communication services revenue in Japan is forevcast to grow marginally from $25.4 billion (€23.3bn) in 2024 to $26.6 billion in 2029, maintaining a sluggish CAGR of 0.9 per cent. The decline in fixed voice services will continue, while broadband growth remains moderate, driven by increasing fibre adoption but offset by falling cable and xDSL […]