Nokia’s bad year continued as sales and operating profits dropped sharply in the second quarter, prompting CEO Rajeev Suri to admit “concern” about the vendor’s performance.
The European Commission (EC) has cleared the proposed joint venture between Vodafone and Liberty Global in the Netherlands on the condition the former divests its consumer fixed-line arm.
Proximus' wholesale carrier arm BICS is continuing to drag down Proximus' financials, although the Belgian operator was boosted by a solid domestic performance.
Turkcell posted record-high first-half revenue and Ebitda at both its group and Turkish operations in its latest set of results.
KPN saw adjusted revenue fall 4.3 percent, and Ebitda slide 1.7 percent in its latest financials, as failing business sales again undermined its growth in bundled high value mobile, broadband and TV services.
BT saw revenues jump a massive 35 percent to £5.78 billion in the quarter ended June 30, mainly due to its acquisition of EE at the end of January.
Telefónica's operating income was down by 7.1 percent in the quarter ended June 30, as depreciation of the Brazilian real, Argentine peso and British pound against the euro impacted its figures.
TIM has had its best quarter in Italy since 2009, as the Italian operator nudged up its guidance for the year and announced a new fibre partnership.
Orange got a boost from the sale of EE, as the French operator reported a "stable" second quarter performance.
Data and fixed line demand, as well as a strong performance in Austria, helped Telekom Austria Group beat expectations in its Q1 results.
Ericsson President and CEO Hans Vestberg has stepped down from his role with immediate effect, as the company continues to seek to reduce costs and adapt to the current market environment.
Vodafone put troubles in its home market aside to beat analysts' expectations with a 2.2 percent rise in service revenue across its operations in its latest set of financial results.
Orange has snapped up Dutch desktop virtualisation specialists Log’in Consultants for an undisclosed fee, providing it with a broader European platform to support multinational business customers.
TalkTalk has managed to steady the after-effects of last year's calamitous cyber attacks, with its Q1 results showing stabilising churn amid flat sales.
Telia Company's focus on home comforts has led to Ebitda increasing by 4.1 percent, as it looks to leave struggling Eurasian markets behind.
Netflix has admitted it is not growing as fast as it predicted, after only adding half the number of new customers compared to a year ago.
Ericsson is accelerating its cost cutting programme after its net profits fell by more than a quarter.
Telenor's woes from its stake in Russian telco VimpelCom continued, with its second quarter profit slumping by two thirds because of impairment losses.
Vodafone UK CEO Jeroen Hoencamp is to take charge of the operator's joint venture with Liberty Global in the Netherlands.
Japanese telco SoftBank has had a £24.3 billion takeover bid accepted by the board of British chipmaker ARM.
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