telecommunications
Top StoriesVodafone in ‘active’ Italy Deal Talks as German Recovery Slows
Top StoriesNokia Signs 5G Patent Deal With China’s Vivo
Top StoriesFaced With Slow 5G Rollout, EU Telcos Single Out Big Tech Again
Top StoriesEricsson Warns of 2024 Market Decline Despite Q4 Earnings Beat
DePIN and DeWi Come to Sui in Groundbreaking Karrier One Partnership, Upcoming Token Launch
Date: January 11, 2024
DePIN and DeWi Come to Sui in Groundbreaking Karrier One Partnership, Upcoming Token Launch The deal includes strategic investment from Sui to fuel the expansion of Karrier One’s growing global footprint Sui, in collaboration with Karrier One, proudly announces a strategic partnership that marks a significant leap in integrating advanced telecom services with the dynamic...
European Shares Slip as Belgium’s Argenx Slides; Telefonica Lifts Telecoms
Date: December 20, 2023
European shares slip as Belgium’s argenx slides; Telefonica lifts telecoms By Ankika Biswas and Khushi Singh (Reuters) -Europe’s benchmark stock index erased early gains on Wednesday, dragged by a slide in Belgian pharmaceutical company argenx, even as the telecom sector got a boost from Telefonica shares after the Spanish government unveiled plans to buy a...
Explainer-What’s at Stake in Telecom Italia Grid Deal?
Date: November 7, 2023
Explainer-What’s at stake in Telecom Italia grid deal? MILAN (Reuters) – Telecom Italia (TIM) on Sunday approved the sale of its fixed-line network to U.S. private equity firm KKR in a deal that would make it the first telecoms group in a major European country to part ways with its landline grid. However, a potential...
Explainer-Why Are European Telecom Firms Selling Assets?
Date: October 31, 2023
Explainer-Why are European telecom firms selling assets? By Supantha Mukherjee STOCKHOLM (Reuters) – Vodafone’s bid on Tuesday to sell its Spanish business is the latest move by European telecom firms trying to strengthen their financial health by divesting assets, consolidating markets and selling stakes to investors. Buried under billions of euros of debt, European telecom...
Telecom Group Telia Hikes Outlook, Core Profit Beats Estimates
Date: October 19, 2023
Telecom group Telia hikes outlook, core profit beats estimates By Marta Frackowiak and Supantha Mukherjee STOCKHOLM (Reuters) – Swedish telecom operator Telia said its struggling TV unit was now facing fewer challenges, after reporting third-quarter core earnings that beat estimates and hiking its full-year core profit outlook, sending its shares up as much as 8%....
Nokia to Cut up to 14,000 Jobs After Sales Drop a Fifth
Date: October 19, 2023
Nokia to cut up to 14,000 jobs after sales drop a fifth By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom gear group Nokia said on Thursday it would cut up to 14,000 jobs in a new cost reduction effort after third-quarter sales fell by a fifth, taken down by sales of next-generation 5G equipment. Nokia and...