Financial & Performance
All the latest news, insight and analysis regarding the financials and performance of BT, Deutsche Telekom, Telefónica and Vodafone.
O2 Germany CEO rules out me-too job cuts
Markus Haas says reducing workforce is not on the O2 agenda, instead placing focus on equipping employees with AI tools to boost efficiency. Comments come as Vodafone Germany continues to negotiate scaled-back job cut plans with unions. Read more…
‘Tough decisions’ ahead for Australia’s TPG amid cost-cutting
CEO Iñaki Berroeta announced jobs are going as latest part of multi-year cost-cutting programme.
DT ‘nears’ €300m sales watershed for security spinout
Group’s Chief Executive says distinct security business is set to hit a revenue milestone as it ramps up commercial ambitions.
Spain’s Sateliot says space-based IoT platform is ready to go
Barcelona-based New Space startup looks in position to start serving customers, and potentially build on tie-ups with the likes of Deutsche Telekom and Telefónica, after a four-satellite launch.
Vi plugs 4G network gaps to stem subscriber losses
Vi gets on the road to recovery in Q1 FY24–25 with spending on network upgrades and preparing for 5G after recent fundraising.
Germany’s Freenet rejigs MNO partnerships as discount competition hots up
The German player has signed new agreements with all three MNOs but says O2 deal offers greater revenue-share benefits.
US majors first, Vodafone next as SpaceMobile readies for launch
AST SpaceMobile backers AT&T and Verizon will beta test space-based cellular broadband initially, with Vodafone and Rakuten next on the list for commercial services.
DT Q2 FY24 Highlights: ‘Flawless’ Q2 enhances the feel-good factor at DT
Q2 FY24: All major divisions record growth to keep DT’s ‘flywheel’ spinning as it approaches major strategy refresh.
DT Q2 FY24 In-depth: Four-sided forward movement
Revenue and earnings remain in forward gear across all four main divisions.
DT Q2 FY24 Spend: ‘AI still an ally’
End-Q2 financial and personnel numbers reflect Group onus on efficiency and cost control.
DT Q2 FY24 Guidance: Everything on point
Upgrade in US cash flow outlook puts DT in line to over-perform on flagship €18bn target for FY24.
DT re-opens to European M&A ahead of strategy refresh
Q2 FY24: Regional giant suggests all the deal-making action will not just focus on its dominant, fast-growing American business when it lays out a new medium-term strategy in a few weeks’ time…
India’s Bharti steps in as BT’s new largest shareholder
BT Group reunited with 1990s partner, but this time as junior, with new India connection talked up. Investment anchored as ‘vote of confidence’ in CEO Allison Kirkby’s strategy. Road to regulatory approval appears relatively smooth. More on Altice retreat…
Telefónica gets to plugging Core Market wholesale gaps
Operator seeks to lock in key wholesale clients and create new revenue sources after management affirms wholesale will “be a drag” on 2024 performance.
Telefónica Tech reaches €2bn sales mark
Q2 FY24: Digital B2B services unit hits revenue milestone in last twelve-month period, and reported another solid quarterly performance. Read more…