telecommunications
InvestingIliad Earnings Jump 13.6% Boosted by Subscriber Growth Across Markets
BusinessSwisscom’s Vodafone Italia Acquisition Cleared by Italian Communications Authority
BusinessGerman Tv Customer Losses Hit Vodafone
FinanceSpain’s Cellnex Nine-Month Core Earnings Rise 6.1%
Exclusive-Telecoms Among Targets in Investor PPF’s European Expansion Drive
Date: November 9, 2024
By Jan Lopatka and Michael Kahn PRAGUE (Reuters) – PPF Group, the investment vehicle owned by central Europe’s richest family, will seek more acquisitions across its portfolio including potentially some United Group assets in south-east Europe and other telecom firms, its CEO Jiri Smejc told Reuters. Billionaire investor Smejc took over managing PPF in 2022...
Global Fiber Optic Patch Cord Market Propelled by 5.5% Cagr – Verified Market Reports®
Date: November 8, 2024
The Global Fiber Optic Patch Cord Market is projected to grow at a CAGR of 5.5% from 2024 to 2030, according to a new report published by Verified Market Reports®, The Report of Fiber Optic Patch Cord Market size was valued at USD 2.6 Billion in 2023 and is expected to reach USD 3.5 Billion by the end of...
Aussie Telecom Regulator Fines Optus $8 Million Over Emergency Services Outage
Date: November 8, 2024
(Reuters) – Australian telecom watchdog has fined Optus A$12 million ($7.99 million) for failing to provide emergency call services to thousands during a nationwide outage last year, the regulator said early on Friday. The Australian Communications and Media Authority (ACMA) said it found 2,145 customers could not access the emergency call service during the outage...
Telefonica on Track to Meet 2024 Targets Despite Loss in Peru
Date: November 7, 2024
MADRID (Reuters) -Spanish telecom company Telefonica said on Thursday it is on track to meet its financial targets for the year despite a 314 million euro ($337.4 million) impairment in Peru that hit its bottom line in the third quarter. The company’s net profit fell to 10 million euros in the third quarter, down from...
Italy’s Inwit Sees Fy Revenue at Lower End of Guidance, on Stiff Competition
Date: November 6, 2024
MILAN (Reuters) – Italy’s biggest mobile telecoms towers company INWIT on Tuesday forecast its full-year revenue at 1.03 billion euros ($1.12 billion), in the lower part of its previous guidance due to strong competition in the Italian market. Milan-listed INWIT said earnings before interest, tax, depreciation and amortisation (EBITDA) after lease costs rose by 9%...
UK Regulator Says $19 Billion Vodafone-Three Tie-Up Likely to Go Ahead
Date: November 5, 2024
By Sarah Young and Kate Holton LONDON (Reuters) – The $19 billion merger between Vodafone and Hutchison’s Three UK is likely to be given the regulatory green light as Britain’s need for investment outweighs short-term competition concerns. Britain’s anti-trust regulator said on Tuesday it believed the combination of the country’s third and fourth biggest mobile...