Financial & Performance – Page 14
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Financial & PerformanceVodafone’s international federation reports another year of decline
Partner Markets revenue drops for third year running, with management this time blaming the conflict in Ukraine.
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Financial & PerformanceVirgin 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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PremiumVM O2 given open RAN funding boost
Virgin Media O2 secures place on four state‑backed open RAN projects, focusing on connectivity in high‑density environments.
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PremiumTMUS sets up second 5G-focused corporate VC fund
American NatCo establishes second investment fund targeting 5G innovation, again in partnership with Touchdown Ventures.
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Financial & PerformanceMagyar 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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PremiumIoT tops agenda as £6.4bn framework contract launched
VM O2 and its major peers throw their hats in the ring for range of public sector services contracts covering legacy and emerging technologies.
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Strategy & ChangeT-Mobile US CEO spells out cost of demand for device subsidies
Higher device costs appear to have been a contributary factor to latest round of job cuts.
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Strategy & ChangeT-Mobile US plots more shareholder rewards as DT holds firm
Deutsche Telekom intends to retain majority shareholding in American NatCo.
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Financial & PerformanceSafaricom issues green financing to fuel ESG investments
Sustainability-linked loan facility set to “unlock” Kenyan operator’s investment diversification plans.
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PremiumTPG 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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PremiumUS 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 & PerformanceDT 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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Strategy & ChangeTPG to cull brands as integration gives way to simplification
CEO Iñaki Berroeta announces multi-year simplification programme that aims to establish a “leaner, nimbler” TPG Telecom.
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M&ACordiant snaps up Ireland’s Speed Fibre
Digital infrastructure investor becomes “big fish in a small pond” with first move into Irish fibre market.
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Financial & PerformanceCircle 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&ADigi signals interest in Orange–MÁSMÓVIL merger remedies
Digi CEO sees potential merger as transformative moment for the Spanish market.
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Strategy & ChangeTelstra’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 & PerformanceVi customer losses continue, but financing options open
Parent pledges financing for operator as spectrum payment obligations close in.
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Partnerships & AlliancesDT boss befuddled by Vodafone’s roaming deal with 1&1
There’s only winner from last week’s agreement, says CEO Tim Höttges, and that’s 1&1.
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OperationsOrange ‘shutters Silicon Valley base’ amid strategic refocus
Operator reported to have closed Silicon Valley offices after more than 20 years as part of cost review.