Nokia upbeat about 2022 after topping last year’s guidance
Nokia said on Tuesday it expects to exceed last year’s margin target, and has high hopes for 2022.
Telecoms.com
Category: Financial results
Samsung forecasts a hefty 52% Q4 profit hike
Korean tech giant Samsung has issued earnings guidance for the final quarter of 2021, showing a likely 52% profit jump.
TIM’s former CEO accepts €6.9 million to vacate board seat
Luigi Gubitosi, the ex-CEO of Italian operator group TIM, has been given 6.9 million reasons to step down from its board of directors.
Vodafone confirms European consolidation on the cards in H1 report
Vodafone has posted a solid set of first-half financials but the headline figures mask certain weaknesses in markets where competition is fierce.
Rakuten Mobile loses close to $1 billion in Q3
Rakuten Mobile is growing its customer base, but the cost of building a new national mobile network is still taking a significant toll on its finances.
Energy costs hit Telefónica’s Q3 earnings in Spain
Telefónica turned in a solid performance in the third quarter of this year, buoyed by its German unit and businesses in Latin America, but all is not rosy at its domestic operations.
Dish’s mobile business really needs a boost
Dish Network kept its third quarter results announcement short and sweet, which is unsurprising given that it is losing customers, spending money, and dragging its feet on its 5G launch.
It’s fibre all the way for the UK in Q3 21
BT has dropped plans to partner up on fibre, while data shared by rivals CityFibre and Virgin Media O2 shows that high-speed broadband is rolling out apace in the UK.
Telefónica Deutschland ups outlook as customers stay sticky
Telefónica Deutschland claims to be experiencing ‘historic highs’ in customer loyalty, as a strong performance at its mobile business enabled it to increase its outlook for the full year.
The Telecoms.com Podcast: 5G, Meta and quarterlies
The crew is delighted to welcome another special guest in telecoms analyst Dean Bubley. After a ridiculously long introduction they finally get to the topic of 5G, specifically sorting the hype from the reality. Facebook recently decided to rename itself Meta, so they move on to discuss that and the concept pf the metaverse that it refers to, before concluding with a couple of highlights from quarterly earnings season.
Huawei consumer business continues to tank
Chinese telecoms vendor Huawei’s latest quarterly numbers reveal another big fall in revenues, thanks mainly to its crippled consumer division.
Samsung delivers record quarter on the back of chip demand
Samsung Electronics published its financial results of Q3 with highest ever revenue and second highest profit, driven by sustained high market demand for semiconductors.
Non-wireless business propels Nokia to improve outlook
Nokia slightly improved its full-year outlook after delivering a healthy quarter, driven mainly by its network infrastructure and licensing business groups, partly offset by weakness in the mobile networks business.
Ericsson did OK in Q3 21 despite China crisis
Swedish kit vendor Ericsson saw sales fall by 1% in the third quarter but that was mainly down to its well-publicised market share losses among Chinese operators.
Reliance reportedly closes in on acquiring T-Mobile Netherlands
India’s Reliance Industries is said to be lining up potential investors to finance its ambition to acquire Deutsche Telekom’s mobile business in The Netherlands, a deal that could cost the Jio parent company $5.7 billion.
Vodafone Idea blames Covid for Q1 weakness, still looking for investors
Vodafone Idea has turned in another disappointing set of quarterly results but, despite once again expressing doubts about its ability to continue operations, has blamed the Covid-19 pandemic for its weak performance.
Eurobites: MegaFon extends VoLTE services across Russia
Also in today’s EMEA regional round-up: Inmarsat accelerates the L-band; Finnfund boosts connectivity in Africa; it’s time we took a ‘woliday’.
Eurobites: Deutsche Telekom raises full-year guidance on back of Q2 uplift
Also in today’s EMEA regional round-up: Eir plans gigabit expansion in Ireland; MTN enjoys mixed H1; Nokia in smart grid trials.
TIM and Vodafone allegedly settled decade-long disputes
An Italian newspaper reported the two telco giants reached an out-of-court agreement to settle all disputes running back to 2012.
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.
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