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 […]
Ofcom has published its seventh annual comparing customer service report, painting a mixed picture of how UK telecom providers performed in 2022. It reveals that people were more likely to be satisfied with their mobile provider (87 per cent) than their broadband (82 per cent) or landline company (77 per cent). And while average numbers […]
Following an impressive performance in the previous fiscal year, Etihad Etisalat Company (Mobily) rose to the top as the fastest-growing brand in the Middle East’s telecommunications sector. The brand value of Mobily has increased by about 18% to $1.8 billion, maintaining its leadership among the Middle East’s largest telecommunications and technology companies. Mobily actively supports […]
The consolidation of the European telecom companies has been a topic of discussion for many years, and while there are potential benefits to such consolidation, there are also several significant challenges that must be overcome, according to data and analytics company GlobalData. “Investors, carrier management, and the EU have identified Europe’s relative weakness when competing […]
Vitrifi, a cloud-based software platform for fibre networks and alternative network providers (altnets), has officially announced its launch at TMT World Congress. Over the past 2 years, Vitrifi has built a brand-new ecosystem for the internet broadband sector. The ecosystem will provide the UK’s fibre networks the option of transitioning over to a wholesale open […]
Brazilian telco operator Oi has announced the ending of its local version of Chapter 11 bankruptcy protection. A court in Rio de Janeiro announced the reconstruction proceedings on December 14th and said that Oi had met the key terms regarding debt payments. Its bankruptcy was Brazil’s biggest-ever (some 65 Brazilian Reals, about €11.2m) and 55,000 […]
Lifecycle Software has announced its billing customer base has grown by over a third (36%) in just eight months whilst also increasing its headcount by almost a quarter (21%) to support the sharp rise in the demand for 5G enabling services, cloud-based platforms and flexible contracts resulting from consumer demands and the impact of the […]