Telefónica Sees Steady Growth Ahead

Telefónica forecast it will achieve low single digit revenue organic growth in 2023, after reporting organic revenue growth of 4% for 2022. Its total revenue, including its 50% share in the Virgin Media O2 joint venture, in 2022 was almost 46 billion euros. Source: Telefónica collateral

Deutsche Telekom Shrugs Off Unsteady Conditions

 

Deutsche Telekom reported a 3.7% organic increase in service revenue for 2022 despite "unsteady conditions". Its total revenue climbed 6.1% to 114.4 billion euros, as it continued to add customers on both sides of the Atlantic. Source: Deutsche Telekom statement

Vodafone Tripped Up By Europe

Vodafone reported organic service revenue growth of 1.8% in the quarter ending December 31, compared with 2.5% in the previous quarter. It blamed declines in Germany, Italy and Spain, as well as lower roaming growth and "phasing of business revenue" in the previous fiscal year. Source: Vodafone collateral