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.
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Revenue and profit increased across the board for both América Móvil and Globe as the former reaped the rewards of its Tracfone sale and the latter reported its network investments had paid off.
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Airtel Africa, marked its membership of the FTSE 100 share listing this week with revenue up almost 25% and earnings up 34%.
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Ethio Telecom failed to reach its revenue target in the last half-year before it faces competition from Safaricom.
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Telia Company's financial results, released today, have detailed further tower sales and the impact of Europe's energy crisis on performance, as president and CEO Allison Kirkby said it has "returned to growth".
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AT&T and Verizon have released their most recent financial results, covering the full year 2021 and fourth quarter.
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Ericsson, IBM and Jio have all released their latest financial results in recent days, kicking off the latest reporting season.
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Kicking off the quarterly financials, Tata Communications and Syniverse have published their latest results over the last 24 hours.
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Frontier Communications, the US company that emerged from Chapter 11 bankruptcy protection last year, says it has added 45,000 fibre broadband customers in a single quarter.
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Global Cloud Xchange, which is about to be bought by 3i Infrastructure, says it has reported strong financial results for the half-year ending 30 September.
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Bridge Data Centres has started construction on MY06, its 100MW hyperscale campus in Johor, Malaysia.
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Cellnex has completed its acquisition of French towerco Hivory, meaning it will now work with three of the four major mobile operators on the French market.
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Orange, Veon and Telenor have published their Q3 financial results, with Airtel Africa also releasing its half year trading update.