Category: Financial results


Rakuten Mobile loss almost doubled in Q2

Operating loss incurred at Japan’s challenger operator increased by 85% in Q2 to reach $900 million, which the company attributed to aggressive investment in network rollout and rising roaming cost.

Exfo founder boosts offer to take company private

Germain Lamonde, who founded Canada’s communications-sector test, monitoring, and analytics equipment maker Exfo and is its majority shareholder, has boosted his offer to take the company private.

Closure of Sprint 4G network probably not a big deal to T-Mobile US

When T-Mobile US published its Q2 results last week it once again talked up the progress it is making in integrating Sprint and upgraded its merger synergies guidance for the second consecutive quarter. But it didn’t think to mention its plans for closing down Sprint’s LTE network next summer; it took the eagle eyes of LightReading to notice it had sneaked that piece of information onto its Website.

Three UK hails ongoing momentum in H1

Revenue at the UK-based operator increased 5% in the first six months of the year, but prepaid customer growth and roaming remain areas of concern.

Rumours of Vodafone Idea giveaway persist as Birla steps down

Indian billionaire Kumar Mangalam Birla has stepped down as non-executive chairman of Vodafone Idea sending the troubled telco’s shares into freefall as rumours that its main shareholders are prepared to give away their stakes for free continue to swirl.

Eurobites: Pain in Spain punches hole in Orange’s Q1

Also in today’s EMEA regional results-fest round-up: Telefónica’s Q2 boosted by Virgin Media O2 merger and Telxius deal; BT’s fiscal Q1 dented by corporate and public sector struggles; Cellnex puts in a towering performance in H1.

1 2 3 27

Polls

Telecoms.com is launching a Digital Seminar Series in the autumn of 2021. As a valued reader we'd like your feedback on the top three topics of interest as listed below:

Loading ... Loading ...