Bharti Airtel reported a 7% year-on-year rise in revenues on a comparable basis for the quarter ending September 30th to 211.3 billion Indian rupees (almost 3 billion US dollars). Its customer base declined 8% to 411 million, due to a 13% fall in India where Airtel is seeing intense competition. Still, revenues in India were up 3% to 153.6 billion rupees, while sales in Africa rose 13% to 853 million U.S. dollars.
In Africa, Airtel said the total customer base using the Airtel Money platform increased by almost 20% to 15.5 million. The total value of transactions on the Airtel money platform rose 35% year-on-year to 7.98 billion dollars in the quarter. Airtel Money revenue for the quarter was 79.3 million dollars, up 51%. Source: Airtel statement
Friday, November 15, 2019
Tuesday, November 12, 2019
Vodafone said it is now Europe’s largest owner of "gigabit-capable next generation network (NGN) infrastructure" following the closure of the Liberty Global acquisition, which added 17 million cable homes in Germany and central and eastern Europe to its footprint, increasing the number of homes connected by its NGN network in Europe to 54 million.
Vodafone is upgrading its cable infrastructure using DOCSIS 3.1 technology, and aims to market gigabit broadband speeds to around 50 million households in its cable and FTTH (fibre) footprint by March 2023, compared to 24 million today. It has also launched 5G in seven European markets, with services available in 58 cities with "observed speeds of up to 1Gbps." source: Vodafone statement
Thursday, November 7, 2019
Deutsche Telekom reported a 1.7% year-on-year increase in revenue in organic terms for the third quarter to 20 billion euros. The growth was again fuelled by the U.S. division, which lifted revenues by 3.6% in dollar terms. In Germany, revenues rose 0.6% driven primarily by growth in mobile services and rising demand for fast fixed-line broadband. The group also said its smart home subscriptions rose 25% to 411,000, while subs for its StreamOn proposition (its zero-rated video streaming package for mobile users) climbed 79% to 2.8 million and Magenta TV subs rose 8% to 3.5 million. Source: DT presentation
Tuesday, November 5, 2019
The group said that "video revenues" rose 6.9% to 757 million euros in the quarter, supported by an increase in subscriptions to its pay TV service and its OTT “Movistar Play” service in Latin America (the latter grew 86% in terms of subs). Telefónica also reported a 24% rise in cloud revenues to 176 million euros, and a 33% increase in IoT revenues to 130 million euros. It now serves 22.4 million IoT connections (up 1.1 million in the quarter). Security revenues rose almost 42% to 128 million euros.
The group’s own fibre/cable network now passes 54.5 million homes, up 11% year-on-year, with 22.7 million of those in Spain. Actual retail fibre/cable connections total 14.2 million (a rise of 11% year-on-year).
The group said: "Investment in fibre is key for Telefónica and will allow the generation of revenues and efficiencies with the capture of savings due to the dismantling of copper networks. The technological evolution of the fibre throughout its useful life of more than 30 years, will allow offering up to 10 Gbps symmetrical and optimise the deployment of 5G. In parallel, the new access network “Open Access” will support increasingly flexible and virtually controlled services." source: Telefónica statement.
WHERE WE'RE HEADED: TELECOMS TRENDS AROUND THE WORLD: SUBSCRIBE HERE