Singtel Reports 83% Rise in Half-Yearly Profit, Bolstered by Telkomsel’s Integration and Divisional Gains
Singapore Telecommunications (Singtel) has announced a robust 83 percent increase in half-yearly profit, attributing the surge to a gain associated with regional associate Telkomsel’s...
Oculeus enhances Gigaclear with retail voice management solution
Oculeus, a provider of cutting-edge software solutions for telecommunications service providers, has successfully deployed its Retail Voice Management (RVM) solution at Gigaclear, the UK's...
Airtel Uganda IPO Flops As Billionaire Sunil Mittal Faces First Major Crisis in Africa
Airtel Uganda, owned by Indian billionaire Sunil Mittal, has encountered a setback as its initial public offering (IPO) failed to garner sufficient investor interest,...
Optus Customers Face Phone and Internet Issues in Australia
Optus, the second-largest telecommunications provider in Australia, has confirmed that millions of customers faced widespread disruptions in its services on Wednesday.
Optus, a subsidiary of...
MTN Group Reports Strong Financial Performance and Network Investments
MTN Group, a leading telecommunications company, has announced impressive financial results for the year to date (YTD) 2023, showcasing substantial network investments and business...
Global Telecom and Pay TV Spending to Reach $1.55 Trillion in 2023: IDC
Worldwide spending on telecommunication and pay TV services is projected to reach $1.55 trillion in 2023, the International Data Corporation (IDC) said in its...
Telenor’s Strategic Approach to Revenue Growth and Capex Optimization
Telenor, a global telecommunications powerhouse, has strategically optimized its capital expenditures (Capex) and stimulated service revenue growth across diverse regions and business verticals.
Capex excluding...
Axiata Sells Stake in Digital and Analytics Business to Mitsui for $58 mn
Japanese trading giant Mitsui has inked a deal to secure a 12.69 percent stake in Axiata Group’s digital and analytics subsidiary, Axiata Digital &...
Etisalat by e& Records Strong Growth in Capex and Subscriber Base for Q3 2023
Etisalat by e&, one of the leading telecommunications providers in the Middle East and beyond, has released its results for the third quarter of...
Virgin Media O2 Invests Heavily in Network Expansion and Customer Growth
Virgin Media O2, one of the UK’s leading telecommunications providers, announced significant investments and impressive customer growth during the third quarter of 2023. The...
Sunrise Investment of CHF 120 mn in Q3 2023 Fails to Show Revenue Growth
Sunrise, a telecommunications operator in Switzerland, announced an investment of CHF 119.7 million during the third quarter of 2023.
These investments accounted for 15.8 percent...
Virgin Media O2 Sells 17% Stake in Telecom Tower JV for £360 mn in...
Virgin Media O2 has unveiled a significant development in its strategic portfolio, as the company announces the sale of a 16.67 percent stake in...
Vodafone to Sell Ailing Vodafone Spain to Zegona for €5 bn
Telecom giant Vodafone Group has announced a significant deal to sell Vodafone Spain to Zegona Communications for a cash consideration of €4.1 billion, coupled...
Virgin Media O2 in Talks to Sell Stake in Mobile Tower Business Cornerstone to...
Virgin Media O2 is currently engaged in exclusive discussions with GLIL Infrastructure regarding the sale of a portion of its shareholding in Britain’s largest...
Proximus Reports Q3 2023 Results with Positive Domestic Revenue Growth and Fiber Expansion
Proximus Group, a leading telecommunications provider in Belgium, has released its financial results for the third quarter of 2023, demonstrating positive domestic revenue growth...
Taiwan’s Mobile Service Revenues Soar, Fueled by Data Services and 5G Adoption
Taiwan’s mobile service industry is set for substantial growth, with mobile service revenues projected to surge at a Compound Annual Growth Rate (CAGR) of...