All Revenue (income) articles – Page 3
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Network & InfrastructureT-Mobile US ups 5G pace with tower deal
Deal agreed after exchange of words over pace of 5G network buildout. Agreement worth $17bn over 15 years.
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PremiumFinancial highlights: generating cash and cutting costs
Telefónica’s numbers for the quarter to 30 June 2020 (Q2 FY20) made grim reading.
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PremiumDeutsche Telekom Q2 FY20
Super-sized by Sprint deal, Group now dwarfs European competitors in terms of sales, spend — and debt. Management attention now firmly on European puzzles that have sat unsolved for years, including teaser of pro-investment regulations. Switch-around of Europe-side executives could bring in fresh ideas and approaches to key strategic ...
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PremiumQ2 FY20 first take: Telefónica distracts as reality bites
Another social pact unveiled as COVID-19 and currency falls combine to wipe €1.5bn off reported revenue, and shred profitability. Cash generation a priority as strict — and seemingly permanent — spending and investment restrictions are put in place. Telefónica Infra ambition emerging as plans for new wholesale fibre networks ...
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PremiumBT FY19–20: Headline results reflect the ‘old normal’…
BT presented its headline financials as having been on track, COVID-19 crisis excepted. On an ‘adjusted’ basis, revenue and EBITDA were each down around 3% for the FY.
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PremiumDT Group Q1 FY20: Höttges calls post-lockdown power-play
Upbeat executives comfortable enough to keep guidance and dividend unchanged, despite some COVID-19 impact on B2B projects and consumer sales. Typically energetic Höttges gets pro-active in post-COVID-19 politics, positioning DT as key enabler for socio-economic recovery and dismissing cable rivals’ broadband platform as illusory. Messages differ across Atlantic, with ...
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PremiumDT Group Q1 FY20 outlook: zero-touched
Display of strength extends to DT’s decision to leave guidance unchanged.
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Premium‘Resilient but not immune’ Telefónica takes its medicine
Plans for a Telefónica joint-venture with Virgin Media provided the big news, while smaller steps taken on wider digital transformation plans. COVID-19 inflicts a manageable early hit, but Group cautious on longer-term prospects. Scrip dividend offered as Group aims to carefully manage its cash and discretionary spending.
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PremiumVodafone Q4 FY19–20 management update: staying the course, post-coronavirus
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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PremiumVodafone FY19–20 quick take: no change here
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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PremiumBT Q4/FY19–20 results first-take: Fixed and 5G leadership at all cost
Refusing to relinquish fixed-line or mobile leadership; not alarmed by O2-Virgin Media combination. Q4 and FY19–20 performance largely ignored (was on track). Cautiously positive on weathering COVID-19 crisis, but great uncertainty. Capex rising to fund uprated fibre ambition and Technology-led transformation — carts before horses? Yet more cost-cutting (or ...
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PremiumReport shows battles ahead on BT government contracts
BT the clear leader in public sector communications, but Virgin Media proving an increasingly viable challenger. New contracts flowing through, but prospect of significant contract expiration by the end of 2020 flagged.
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PremiumDeutsche Telekom’s Q4 FY19: hyped-up Höttges preps master plan update
FY19 sees Group remain on track with short- and medium-term targets. European businesses regaining form. DT now entering new era after supercharging US presence through Sprint merger. COVID-19 outbreak adds to sense of a watershed. Ex-CFO Dannenfeldt trolled over cost savings miss.
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PremiumEfficiency now name-of-game in German FTTP rollout
Average cost-per-premises passed dips below €1,000, with further efficiencies anticipated. Agile IT and advance fibre planning supporting an accelerated rollout and streamlined back-office processes. Höttges ready and willing to buy wholesale and collaborate to build fibre momentum with progress on EWE and Stuttgart partnerships flagged.
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PremiumDeutsche Telekom’s European division continues to improve, within limitations
CEO Gopalan given till 2024 to progress business revival plan. DT remains cautious, though, with brake held on spend. Outgoing M&A still on agenda, to help turnaround.
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PremiumAl-Saleh retained for next phase of T-Sys reboot
CEO gets a two-year extension as results hold up during overhaul. Deal positions 2022 as target year for emergence of revamped T-Sys. Cash flow production remains the big unticked box. DT confirms coming extraction of division’s network activities.
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PremiumBuoyant T-Mobile moves into next chapter
Q4 results draw line under pre-Sprint era, continue rapid, Un-Carrier-led growth. American NatCo now producing more revenue than Group’s other three main segments added together. Sprint merger hastily wrapped up as COVID-19 crisis escalates. DT leadership joy evident as transaction goes through with improved terms and seemingly better-than-expected ...
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PremiumVodafone promotions put Gigabit ball back in Telekom Deutschland’s court
Slowdown in Telekom Deutschland broadband user growth evidently concerning leadership and stakeholders. Focus increases on whether FTTP plans need a rethink, to strengthen position.
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PremiumTelefónica guidance: 2019 targets met, just about
Telefónica claims to have met its FY19 guidance, frowing by 3.2%. 2020 stability promised, but Covid-19 means all bets are off.
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PremiumVodafone Group Q2 FY19-20: growth regained but few cylinders fully firing
Margin growth on repeat. Europe Region and enterprise spluttering. India shunted further from books.
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