All Results articles – Page 10
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Financial & Performance
Guidance: outlook reaffirmed as Jansen claims a job well done
H1 FY23–24: CEO claims to have set BT up for momentum towards longer-term targets thanks to strategic focus on network investment.
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M&A
Helios keeps M&A plans on ice, despite sunny outlook
Middle East and Africa tower group to remain disciplined on deal-making, despite being ahead of the game on leverage reduction and growth.
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Financial & Performance
Jansen concedes losses to altnets as Openreach set to miss annual fibre build target
BT Group CEO Philip Jansen boasts of fibre progress but guidance for coming quarters indicates Openreach will fall short of four million premises passed in the FY; earnings call included a rare admission that Openreach lines are being lost to altnet rivals.
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Network & Infrastructure
nexfibre maintains M&A appetite after Upp buy
Mike Fries, CEO of joint venture’s co-parent Liberty Global says fibre builder still “aggressively” focused on M&A.
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Financial & Performance
VodafoneZiggo bats off doubters: committed to ‘value over volume’ model, despite Q3 weakness
Outgoing CEO Hoencamp concedes that ‘jam tomorrow’ outcome of subscriber losses so far outweighing ARPU gains is not “entirely by design”. Defends “balancing act”, regardless of competitive animus. Read more for Q3 highlights and takeaways…
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People
DT switches supervisor at Hrvatski Telekom
Europe business-to-business boss Elvira González is elected Croatian telco’s new Chairperson.
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Financial & Performance
Telefónica’s connected-security JV flags progress in profit pivot
Operator’s three-year-old joint venture with Prosegur highlights improvements in churn, user spend, and profitability after switching focus away from growth-above-all strategy seen in its startup phase.
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Financial & Performance
Troubled Vi to plough funds into 5G as losses mount
Aditya Birla Group Chairman pledges “significant investment” in Vi’s 5G rollout, but timelines and funding remain unclear.
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Strategy & Change
Sievert: T-Mobile to embrace AI and data in ‘post-Sprint integration era’
Operator plans to take advantage of new software tech to “re‑craft” company.
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Strategy & Change
Orange not in a hurry for Polish tower spin-off
Orange Poland CFO Jacek Kunicki says tower separation is not a priority, despite rivals’ recent moves and apparent Group-level interest in a carve-out.
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Financial & Performance
Orange confident of MÁSMÓVIL merger clearance in 2023
Christel Heydemann hopes to complete merger deal in Q1 FY24.
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Financial & Performance
Virgin Media O2–Tesco joint venture nears £1bn revenue mark
Twenty-year old joint venture, UK’s largest MVNO, posts a jump in sales despite being a rare hold-out on inflation-linked price rises.
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Financial & Performance
Magyar Telekom has cheerier FY23 outlook; now expects double-digit growth
Good news on customer sign-ups and spending sees Hungarian incumbent significantly raise full-year sales and earnings forecasts.
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Premium
TPG MVNO push gathers steam with IMZI launch
A subsidiary of long‑term enabler partner Isoton is delivering a cheap and quick path for brands to get up and running as MVNOs.
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Premium
US tops the agenda for SpaceMobile commercial launch
Successful testing heralded, and funds raised for initial BlueBird launch as satellite‑to‑mobile innovator readies 2024 commercial launch.
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Financial & Performance
DT CEO seeks help from AI and T-Mobile in bid for €150bn+ valuation
Group’s CEO plays the tease as his strategy team begins to flesh out next medium-term plan. One aim will be to add €50bn–€70bn to DT’s market cap by winning over sceptics regarding industry growth prospects.
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Financial & Performance
Circle Gas turnover soars but expansive ambitions yet to materialise
Safaricom-backed clean cooking scaleup quadruples turnover against previous financial year but reports net loss. Now with refreshed leadership, finance, and international expansion ambitions…
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M&A
Digi signals interest in Orange–MÁSMÓVIL merger remedies
Digi CEO sees potential merger as transformative moment for the Spanish market.
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Strategy & Change
Telstra’s InfraCo sale off the table (for now)
CEO Vicki Brady sees growth opportunities for the standalone unit, fuelled by a “shift to the cloud and rapid AI adoption”.
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Financial & Performance
Vi customer losses continue, but financing options open
Parent pledges financing for operator as spectrum payment obligations close in.