Financial results
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Mark Zuckerberg is vowing to increase spending on AI, in a bid to make Meta the “leading AI company in the world”, causing its shares to fall by around 12%.
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BT said its profits had risen by almost a third as it passed on high inflation costs to customers.
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Orange group revenues climbed 2.6% in the second quarter of 2023 and 2% in the first half of 2023 as the company says it is “on track” to reach its targets for the year.
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EY-Parthenon’s Profit Warning Report has found that 66 profit warnings were issued by UK-listed companies in Q2 2023.
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Huawei has poured 25.1% of its 642.3 billion yuan revenue back into research as its revenues fell for the first time in a decade.
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Telefonica Brasil recorded earnings of US$214 million in the fourth quarter of 2022 but net losses of 57.2%.
Forthcoming events
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As several companies report their Q3 results, Capacity shares a round-up with all the key points.
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Orange revenues rose 1% year-on-year in Q3 2022, spurred by solid performances in Europe, Africa and the Middle East.
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As several companies from around the world of telecoms share their Q3 results, here is a financial round-up with all of the key points.
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Corning has added innovations to its Evolv network solutions which targets flexibility for operators at every stage of fibre deployment.
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Macquarie Telecom Group has announced that it has achieved eight straight years of EBITDA growth.
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As several companies from around the world share their Q2 results, here is a financial round-up with all the key points.
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As several companies from around the world of telecoms share their Q2 results, here is a financial round-up with all the key points.
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Orange reported declining revenues in Europe as a result of increased competition within the telecoms space, it said in its latest financial results.
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Tata Communications has reported a growth of 83.6% for its consolidated profit for the quarter that ended on June 30, 2022.
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IHS Holding Limited has published its financial results for the first quarter of 2022, reporting a strong performance all-round.
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Vodafone says inflation could derail its profits despite posting a 5% rise in core earnings in its latest results.
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Telefonica Tech has announced the acquisition of European Microsoft Cloud solutions provider BE-terna for up to €350million from Deutsche Private Equity.
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From record capex spends to new ventures, Globe Telecom is tackling the digital future not simply through services, but by incubating future unicorns. CFO Rosemarie Maniego-Eala shares the details with Melanie Mingas
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As reporting season continues, Indosat Ooredoo, KPN, STC, Milicom and T-Mobile have reported their latest quarterly results – with some players taking the chance to also report on thier ESG progress.
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Telia Company has removed more than 25% of its legacy systems, resulting in structural cost savings of SEK80 million in the first quarter, with "operational benefits" also reported.
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The UK telecoms market remains dysfunctional and requires structural change” according to Robert Finnegan, chief executive of Three UK.
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Philippine telco PLDT is progressing on its plans to sell its tower portfolio, with CEO Alfredo Panlilio confirming offers have been received and whittled down to six final bidders.
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DigitalBridge Group has published its fourth quarter (Q4) and full year (FY) 2021 financial results
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Digitalisation and a new corporate strategy are paying off for Axiata Group Berhad according to its full year 2021 financial results.
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Cohere Technologies has closed its Series D funding round with a US$46 million raise as it brings an enhanced version of its Universal Spectrum Multiplier (USM) to the market.
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Etihad Etisalat Company (Mobily) has published its financial results for FY 2021, recording strong growth for the period.
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The first - not quite - full year financial results from the merged Virgin Media O2 have been published, confirming network capex investments of £2 billion and a new fibre venture.
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Both Millicom and du have reported strong performance growth for fourth quarter of 2021.
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Lumen Technologies will expand its Quantum Fiber fibre-to-the-home (FTTH) network over 2022, CEO Jeff Storey said last night, as he announced the company’s results.