Financial & Performance
-
Financial & PerformanceCounting the costs: G.Network reveals the daily economics of running a subscale fibreco
London altnet G.Network’s administration process provides an unusually detailed case study in the realities of operating a subscale fibre provider and the challenges of converting network footprint into sustainable profitability.
-
Financial & PerformanceDT Q2 Guidance: course held steady
DT makes slight upward tweak to cash flow guidance in echo of T-Mobile forecast.
-
Financial & PerformanceDT Q2 In-depth: strong numbers mask Musk worries
Group delivers further strong growth on revenue and earnings, fuelled by all segments, but fears over high-profile (emerging and existing) competitive threats prompt exec reassurances over strategic direction in largest markets USA and Germany.
-
Financial & PerformanceLeftfield threats jolt DT out of business-as-usual
Q2 FY26: Despite solid performance, Group’s leadership team forced into €3bn buyback rearguard as stockholder apprehension over satellite and fibre competition continues to overhang share price.
-
Financial & PerformanceSFR takeover: French telcos hold nerve as deal spooks customers
The proposed SFR break-up is still a year from completion, but commercial consequences are being felt as Altice admits customer retention challenges.
-
Financial & PerformanceVantage Towers: German growth engine sputters on unresolved 1&1, Vodafone disputes
Germany has further cemented its position as Vantage Towers’ leading growth contributor, but is also becoming its biggest source of risk. Amidst existential challenges in other markets, disputes involving both 1&1 and anchor tenant Vodafone Deutschland threaten to cloud otherwise strong operational performance.
-
Financial & PerformanceDigi Romania ‘mature’ but ‘dynamic’ as it reaches mobile parity
Having drawn level with Orange and Vodafone, Digi Romania now wants to get its nose in front in the market’s three-horse mobile subs race.
-
Financial & PerformanceGermany’s Freenet backs ‘value-over-volume’ strategy to withstand fierce mobile competition
German service provider is introducing new tariffs and investing in more marketing to help attract customers in a fiercely competitive mobile market. CEO Robin Harries claims to be witnessing early signs of “healthy” pricing movement…
-
Financial & PerformanceVodafone’s Indian revival side-story: Vi declares ‘year of execution’ after first-ever customer base growth
In-depth (another of Vodafone’s low-key £1bn+ bets): local management promote inaugural net customer adds as evidence that 5G-led revival is coming through, putting operator on the road to competitive (and financial) recovery, if only yet more funding secured…
-
Financial & PerformanceBT accelerates job cuts as fibre takes over
Q1 FY26–27 spend: Openreach’s expanding fibre footprint is beginning to support BT Group’s cost-cutting mission, with falling repair volumes, lower energy use, and accelerating labour reductions strengthening management’s route towards its £3.7bn savings target.
-
Financial & Performanceruhrfibre insolvency marks latest sign of German altnet financial struggles
German altnet and sister business metrofibre file for insolvency, marking latest signs of financial distress in the German fibre market. Decision comes as other altnets explore solutions to get onto a firmer financial footing, as investors warn of incoming wave of refinancing deals…
-
Financial & PerformanceBT remains under pressure with operations improved, but financials unmoved
Q1 FY26–27 in-depth: BT’s first quarter delivered a familiar contradiction as the Group marked operational progress across fibre, customer growth, and portfolio simplification, yet provided little evidence of financial improvement.
-
Financial & PerformanceBT guidance: toned down but on track
Q1 FY26–27 guidance: BT resets near- and mid-term forecasts after ‘discontinuing’ hived-off BT International, with the division’s long-time drag meaning its disappearance is barely noticed on the earnings front (more so on revenue). CEO says the Group remains ‘on track’, albeit with a knock this FY.
-
Financial & PerformanceBT: CEO Kirkby sets the stage, but payoff still pending
Q1 FY26–27 overview: BT opened its current FY with a solid but unspectacular quarter, as operational progress across Openreach, Consumer, and Business points to improving momentum, but stronger financial benefits are still yet to emerge.
-
Financial & PerformanceCash flow on the up at Telefónica’s home security venture
Operator’s six-year-old joint venture with Prosegur boosts recurring cash flow by nearly a third, having move to a new strategic phase focused on user value over volume.
-
Financial & PerformanceBT Business emerges from valley, greeted by mountain
Q1 FY26–27: Challenged division posts second successive quarterly revenue growth and enters final year of legacy voice services, escaping the drag that has contributed to a decade of decline. Turnaround far from over, however, as post-PSTN, post-BT International carve-out life nears…
-
Financial & PerformanceVodafone: strong start to year adds traction to ‘new chapter’ growth narrative
Q1 FY26–27 overview: Vodafone has delivered one of its strongest quarterly updates in recent years, buoyed by Africa consolidation and improving conditions in key European markets, prompting management to raise FY guidance and talk with increasing confidence about a ‘new phase’.
-
Financial & PerformanceVodafone rises as Africa bulks up, Europe steadies
Q1 FY26–27 in-depth: Vodafone’s largest markets appear to be moving forward together for the first time under CEO Margherita Della Valle, even if challenges remain. Germany has found firmer footing, UK integration is advancing, and consolidation of Safaricom has strengthened African contribution…
-
Financial & PerformanceVodafone to keep cutting costs, shedding jobs — raises ‘efficiencies’ goals and guidance
Q1 FY26–27 spend & guidance: EBITDAaL outlook upgraded despite M&A integration costs, reflecting confidence in reshaped portfolio in both Europe and Africa, supported by amping-up of widescale efficiencies programme beginning to generate tangible benefits, including job cuts.
-
Financial & PerformanceUK’s CityFibre reaches for £900m war chest for renewed M&A
UK fibre altnet said to secure further investor backing in bid to retain largest challenger status ahead of nexfibre–Netomnia and put it back in the consolidation game, taking further funding firmed up since 2025 to £3.2bn, and eight million-premises footprint still the target.