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. […]
The total telecom and pay-TV services revenue in the Philippines is expected to increase marginally at a compound annual growth rate (CAGR) of 1.1 per cent, from $8.2 billion (€7.5bn) in 2023 to $8.7 billion in 2028, supported by the uptick in revenue from fixed broadband services, according to GlobalData, the data and analytics company. […]
The telco industry is leading the way in generative AI (GenAI) adoption, according to a study of global senior key decision makers including in the UK & Ireland. The study, conducted earlier this year by Coleman Parkes Research and commissioned by SAS, surveyed 1,600 GenAI strategy and data analytics decision-makers globally to pulse check major areas […]
A report from GSMA Intelligence launched ahead of MWC Las Vegas – The opportunity for operators in B2B technology services – sizing prospects for growth in financial services, manufacturing, automotive and aviation – highlights an addressable market of more than $400 billion (€363.8bn) for telcos looking to grow revenues in the enterprise space. This equates […]
Nokia has released its tenth Threat Intelligence Report which shows that cyberattacks on telecom infrastructure are accelerating, as cybercriminals increasingly harness Generative AI and automation to increase the speed, volume, and sophistication of their attacks. Among the report’s key findings: DDoS: The number and frequency of Distributed Denial of Service (DDoS) attacks, which can overwhelm […]
Juniper Research, experts in telecommunications markets, has revealed a clear generational divide in the willingness of UK subscribers to adopt mobile operator value-added services, including music and video streaming, and home broadband. According to a survey of over 3,000 subscribers, the willingness to adopt these services varies significantly by age group: 16-29 years: 45 per […]
Some of the world’s largest telecom operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone, together with Ericsson, have announced a new venture to combine and sell network Application Programming Interfaces (APIs) on a global scale to spur innovation in digital services. The newly formed […]
Telia, the Sweden-based telecoms operator, has announced a ‘change programme’ that it says will simplify its operations by implementing a new operating model with streamlined processes and improved ways of working, which will lead to a more customer-focused organisation, while also resetting the company’s cost base through an intended reduction of 3,000 staff during 2024 […]
MasOrange, the new merged company formed by MásMóvil and Orange, has announced a redundancy plan that will affect 795 workers, equating to 10 per cent of the total workforce. The job cuts will affect all entities within the MasOrange group, including Orange Spain, Xfera Móviles, Lorca Telecom Bidco, Euskaltel, R and Telecable. Both MasOrange and […]
Global spending on telecom services and pa-y TV Services reached $1,509 billion (€1,404.3bn) in 2023, an increase of 2.1 per cent over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide spending on telecom and pay-TV services will increase by 1.4 per cent in 2024 and reach a total […]