Covid puts the brakes on China’s cloud market
Spending growth in China’s cloud infrastructure market fell below 20 percent for the first time ever in Q2 2022.
Telecoms.com
Q2 2022
Latin America smartphone shipments look steady next to global decline
While shipments in the LatAm region are down 2.5% YoY, the global year-on-year decline is a more eye watering 9%, according to figures from Canalys.
Smartphone shipments down 6% in North America
According to Canalys 35.4 million smartphones shipped in North America during Q2 2022, down 6.4% year-on-year amid ongoing global economic strife.
TIM confirms its network head is in fact leaving
Having made a statement earlier in the week insisting network chief Stefano Siragusa was not leaving over internal disagreements, Italian operator TIM has announced today he is leaving ‘by mutual agreement.’
IOH reports solid Q2 results
Indonesia-based telco Indosat Ooredoo Hutchison (IOH) reports healthy financials in Q2 2022, including revenues up 7.2% QoQ, EBITDA up 9.5% QoQ, and EBIDTA margin reaching 41.2% in the second quarter.
Global smartphone shipments down for fourth quarter in a row
Smartphone shipments around the world have declined for the fourth consecutive quarter with China representing the biggest dent in volume, according to preliminary data from IDC, a telecoms market research firm.
Apple and Amazon see revenue hikes in face of economic turmoil
In the midst of a global cost of living crisis both Amazon and Apple beat expectations, with revenue for iPhone sales up 3% to $40.7 billion and Amazon clocking a 7% YoY revenue jump to $121.1 billion.
Cellnex says no more major European M&A… for now
Spanish infrastructure giant Cellnex plans to build its presence in Europe by deploying tens of thousands of new sites, but major M&A deals appear to be off the table for a few years. Alongside the presentation of a solid set of first-half financials on Thursday, the passive infrastructure specialist revealed that it will spend €6.5 […]
Telefónica raises guidance after Q2 revenue inches up
Spanish telecoms group Telefónica tentatively raised its full-year financial guidance following a respectable Q2 2022 performance.
BT reports solid numbers but potentially damaging strikes loom
UK operator group BT managed to grow revenues by 1% in Q2 2022 but compensating for industrial action by almost 40,000 workers won’t be cheap.
Microsoft and Google post solid growth but still miss expectations
Google’s Q2 2022 results registered 13% growth in revenue, while Microsoft enjoyed a 12% hike, but investor were apparently expecting more.
Vodafone Germany results decline for the second quarter in a row
UK operator group Vodafone published its Q2 2022 results with its largest market, Germany, seeing service revenues decline for a second quarter in a row.
Nokia rewarded by investors for beating profit expectations
Sales at Finnish kit vendor Nokia didn’t grow much in Q2 22, and gross margin declined, but profit was up and consequently so is its share price.
Global smartphone market decline continues
Analyst firm Canalys has published its preliminary numbers for the global smartphone market in Q2 2022 and once more they paint a challenging picture.
Ericsson treated harshly by investors after another margin decline
Swedish kit vendor Ericsson revealed a lower-than-expected gross margin in its Q2 2022 report but a share price hit of -8%, at time of writing, as a result seems excessive.
Events
5G Core – Digital Symposium
- 20-20 April 2023
- View Event
OpenRAN World (co-located with the 6G Summit)
- 26-27 April 2023
- View Event
6G Summit (Co-located with OpenRAN World)
- 26-27 April 2023
- View Event
Chinese telecoms vendor Huawei has revealed a 69% fall in profit for 2022, which it blames largely on 'non-market f hhttps://t.co/u5lKb36y7A
31 March 2023 @ 13:09:55 UTC
The satellite comms arm of Richard Branson's extremely eclectic empire, Virgin Orbit, has laid off the bulk of its hhttps://t.co/aCOPgfjzeC
31 March 2023 @ 11:26:32 UTC
Smartphone makers need to tread carefully in their hunt for elusive growth opportunities this year. https://t.co/3X7jSL6cgT
31 March 2023 @ 09:24:44 UTC