Sluggish Virgin Media weighs down Liberty Global
A slow and stodgy performance from Virgin Media has dampened financial performance across the Liberty Global group, but the UK is not alone in the naughty corner.
Telecoms.com
Q2 2017
How did the European telcos measure up over Q2?
The last couple of weeks have seemingly been a constantly growing tidal wave of quarterly numbers. Now the worst is behind us, there’s a chance to reflect and consider.
Softbank rolls in cash as Vision Fund and Sprint come good
Japanese money train Softbank has continued to steam along as profits jump 50% with the inclusion of its Vision Fund, and some good behaviour from problem child Sprint.
Deutsche Telekom shows you have to spend money to make money
Deutsche Telekom is swimming in cash, as big-time investments over the first six months of 2017 start to pay back in the millions.
Three CEO gets his excuses in early as lawyers circle Ofcom
In what would appear to be preparation for industry backlash, Three CEO Dave Dyson has laid out what he believes to be justification for taking Ofcom to court.
Smartphone growth on the up but only good news for Chinese vendors
New estimates have pinned global smartphone growth at 4% year-on-year for the second quarter, but it is the Chinese vendors who are seeing the benefits.
Apple pulls out all the stops to recover lucrative Chinese market
China is continuing to resist the temptations of the glimmering iPhone as Apple revenues in the country have slipped for a sixth consecutive quarter.
Sprint results show it’s been a pretty good quarter for telcos
Sprint has reported a profit for the quarter, the first time results have been in the positive for three years, with a net income of $206 million.
Sony says don’t forget about us
Sony has reported positive first quarter at 15% year-on-year growth, with the majority of business units pitching in to the party.
Bharti isn’t on its own as Idea spirals
Idea Cellular has reported its results for the quarter ending June 30 and Jio has left its mark here as well as revenues decline 13.9% year-on-year.
Confident Intel raises full-year revenue outlook by $1.3bn
Following a successful quarter, chipmaker Intel has raised revenue outlook across the full-year owing to solid performances in AI and driverless tech.
How can Vivendi have this much influence over TIM without owning it?
Following the removal of Flavio Cattaneo as CEO, the telco has appointed Arnaud Roy de Puyfontaine, the current Vivendi CEO, as interim boss.
BT’s dodgy Italian accountants cost another £225mn
It certainly has been a busy quarter for BT. It’s secured the Champions League TV rights, forked out a large chunk of change to Orange and Deutsche Telekom and finally merged EE and the BT consumer unit.
Verizon isn’t done yet as it adds 614k subscribers
Verizon has answered the challenge of T-Mobile posting an impressive 614,000 retail postpaid net additions.
Orange reports distinctly average financials but the future is bright
The flurry of quarterly results have continued, as Orange has reported growth across the first half of the year, hording €20.276 billion, an increase of 1.1%.
SK Telecom boasts of broadband wins
SK Telecom has reported year-on-year quarterly increases of 1.8% and 3.9% for revenue and operating income, respectively, in what has turned out to be a relatively solid quarter.
Huawei reports slowest growth for four years
Huawei has reported its numbers for the first six months of 2017, hording an impressive $42.03 billion, but at 15% year-on-year growth it is the slowest in four years.
Facebook looks to Messenger for future growth… but not yet
Facebook CEO Mark Zuckerberg has cast his sights on monetizing his OTT platforms Messenger and WhatsApp, but don’t expect miracles any time soon.
Samsung semiconductor sales smashes second quarter
The Samsung consumer business might have gone down in a ball of flames last year, but 2017 is proving to be a different type of game as the semiconductor business unit reports impressive growth.
KPN reports quarterly decline but consumer business looks strong
Dutch telco KPN has reported a 2.7% year-on-year decline to €1.6 billion for the second quarter of 2017, but the prospects are looking promising in the consumer business.
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