Financial & Performance – Page 2
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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…
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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.
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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.
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Financial & PerformanceLiberty’s Fries foresees second Sunrise as Ziggo spinout races ahead
Liberty Global CEO Mike Fries sees tailwinds for European telecoms business, floats potential for fast completion of restructuring, and anticipates materially higher-than-expected synergies as VodafoneZiggo joins Telenet for Benelux grouping, replicating perceived successes of Sunrise spin-out in 2024.
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Financial & PerformanceVirgin Media O2 mulls cost cuts to protect cash flow and reduce leverage
As UK broadband competition continues to bite, Virgin Media O2 is considering enacting a major savings push as part of the next phase of its business turnaround strategy. Consideration of cutbacks follows recently announced cost-cutting programmes at sister businesses in Germany and Spain, accompanied by large-scale job losses.
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Financial & PerformanceVodafone Romania advances in Telekom asset integration
Operator says customer migration and network consolidation after TRMC asset buy is progressing ahead of schedule, but “higher competitive intensity” has seen a decline in customer numbers and continued pressure on ARPU…
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Financial & PerformanceVodafone Business quietly enters Group’s ‘growth’ agenda
Q1 FY26–27: B2B improvements mean division is an increasingly important part of the turnaround story, driven by cloud, cybersec, and SaaS, underpinned by deals with digital services allies.
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Financial & PerformanceEuroTeleSites hits H1 top-line marks as tenancies flow in
Central and eastern European tower group cites third-party tenancy gains as driver of faster-than-expected revenue growth in H1 FY26.
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Financial & PerformanceEutelsat/OneWeb: UK’s £500m LEO satellite bet loses two-thirds of value in six years
As now-parent Eutelsat painfully pivots from geostationary to low Earth orbit infrastructure, the UK’s £342m loss on its controversial OneWeb rescue faces fresh scrutiny. Despite the substantial loss of value, government officials maintain that LEO commitment remains crucial to the nation.
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Financial & PerformanceSpanish upstart Digi goes public, nets €150m for expansion
Low-price disruptor Digi Spain bolsters its challenge to rivals Telefónica, MásOrange, and Vodafone Spain with an over-subscribed stock market float.
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Financial & PerformanceEricsson chief signs off, claims network revival nearing
Amid continuing growth challenges, Ericsson President & CEO Börje Ekholm is pinning hopes on physical AI and defence comms, and claims vendor is fully primed to exploit opportunities for a top-line revival.
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Financial & PerformanceVodafone Spain progresses dramatic, private equity-led turnaround
Spain’s number three telco has more than doubled margin in the two years since being sold by Vodafone to investment group Zegona Communications, again raising a question mark over strategy under its previous owner. Having proved its buy-fix-sell transformation model, Zegona is now eyeing other acquisition targets…
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Financial & PerformanceTelefónica sees early gains in Transform & Grow revival plan
Q1 FY26: Execs at trimmed-down and re-focused Telefónica claim already to be seeing positive results from its new, five-year strategic plan, announced late last year. Operational changes and exits from volatile markets have made the Group smaller, but also given management a more solid and predictable platform for growth, execs argue.
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Financial & PerformanceSavings progress drives Telefónica delivery
Q1 FY26: With revenue growth awaiting ramp-up, Telefónica’s progress on spend efficiency keeps Group on track for FY26 guidance…
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Financial & PerformanceTelefónica renews savings account
Q1 FY26: Group leadership continues to seek out new sources of efficiencies across the business, as part of Transform & Grow strategy.
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Financial & PerformanceTelefónica’s FY26 plan ‘on track’, despite mixed data
Q1 FY26: Telefónica says it is on course to meet goals for the FY after recording forward movement in revenue and earnings in first quarter.
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Financial & PerformanceBT boss ‘having fun’ amid transformation challenge, industry noise, global turbulence
FY25–26: CEO Allison Kirkby relishing challenge two years in, claiming progress in place and runway for more through further cost-cutting, a B2B reset, and Consumer momentum leveraging Openreach strengths. Conversion still lacking, but management not short of optimism…
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Financial & PerformanceBT ‘on the right path’ but braced for near-term decline
FY25–26: Expectations set for marginal revenue decline in coming FY, but management confident in medium-term prospects as capex tapers and free cash flow balloons.
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Financial & PerformanceBT’s retrenchment puts domestic struggles under the spotlight
FY25–26: BT claims to be delivering on its UK-focused, next-gen network-led strategy, but continues to struggle with outcomes as revenue falls and familiar problems in B2B hold the Group back.
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Financial & PerformanceBT hunts for further cuts
FY25–26: after delivering its first £3bn savings goal ahead of time, and kicking on with another immediately after, BT has now expanded the programme by £700m and given itself an extra year to hit the new target.