Cisco has announced a restructuring plan that will see up to 5,500 jobs go as it revealed its full-year revenues and profits increased.
CK Hutchison’s Three Europe posted revenues of HK$30.2 billion (€3.5 billion) in the six months to 30 June, falling one percent over the same period last year.
Deutsche Telekom saw sales rise in the second quarter as its US operation continued to offset declines in Europe.
TDC described its latest financials as “satisfactory”, despite sales and profits falling in the first half of the year.
Altice is banking on recent acquisitions of media assets and Cablevision to boost its performance as sales fell in the three months to June.
MTS has revealed it has exited its joint venture in Uzbekistan after selling its majority stake in UMS.
Liberty Global had its UK and German opcos to thank for a strong financial performance in the second quarter.
VimpelCom CEO Jean-Yves Charlier said he remains confident his company’s bid to merge its Italian operations with those of Three will go ahead as he revealed the company’s second quarter results.
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.
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