Anne Morris
Keith MallinsonTag:
Earnings
Latest Headlines
Latest Headlines
Vodafone to keep Verizon cash, reports revenue decline
Vodafone Group reported what is being described as its biggest ever fall in full-year sales, as the operator also said it was happy with its Verizon Wireless stake and would reinvest the latest Verizon dividend payment of $3.2 billion to counter weaknesses in Southern Europe.
Vivendi's SFR and Bouygues hit by mobile price war as Iliad blossoms
The mobile price war in France continues to have its winners and losers, with both Vivendi and Bouygues Telecom reporting worsening profits in the first quarter as Iliad boasted that its mobile revenue tripled in the same period.
Zain reports slump in Q1 profits
Kuwaiti mobile operator Zain said its first-quarter net profits fell by 27 per cent, and blamed a steep devaluation in the Sudanese pound and loss-making unit Zain Saudi for the decline.
Deutsche Telekom, Telefónica report lower sales in Q1
Two of Europe's largest operators reported lower sales in the first quarter of 2013, reflecting the weak European economy and fierce competition in their respective home markets.
Telekom Austria reports Q1 slump as consolidation fails to halt price war
Telekom Austria said its earnings fell by 7.1 per cent in the first quarter due to price pressure in its key markets of Austria, Bulgaria and Croatia, and said mobile services competition in the Austrian market will remain fierce despite the recent market consolidation.
Belgacom reports slump in Q1 profits
Belgacom said its net income in the first quarter declined by to €171 million, down from €199 million in the year-ago quarter, and the company partly blamed regulatory pressures on its mobile business for the decrease.
Telefónica Germany plots fast data, convergence strategy after tough Q1
Telefónica's O2 Germany said "challenging market conditions" were responsible for a decline in wireless service revenue and earnings in the first quarter, although the operator was able to report growth in revenue from wireless data services.
Etisalat readies Maroc Telecom bid, reports flat Q1
Etisalat reported flat first-quarter profit and weaker margins, as the Dubai-based company was widely reported to be on the brink of offering to buy Vivendi's stake in Maroc Telecom.
Battle-scarred France Telecom sees salvation in LTE
France Telecom is putting its hopes into new LTE services as the fixed and mobile operator continues to suffer from the ongoing cutthroat competition in its home mobile market.
Ericsson misses Q1 forecasts, says quarter in line with own expectations
Ericsson reported a bigger decline in profit than analysts expected in the first quarter of 2013, but the Swedish equipment manufacturer said the quarter was in line with its own expectations and expects softer areas of development to balance out over the year.
