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Moody's Investors Service has completed a periodic review of the ratings of Telefonica Brasil SA and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review...

Posted By : TelecomGuru 22 days 3 hours 39 minutes ago
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The CEO of Global Cloud Xchange, Bermuda, a step down subsidiary of Reliance Communications Limited has sent to advisors of the resolution professional, intimating that GCX has voluntarily filed for bankruptcy...

Posted By : TelecomGuru 22 days 3 hours 41 minutes ago
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Mukesh Ambani led Reliance Jio pipped Bharti Airtel and Vodafone Idea in April to June as top revenue earner from telecom services at INR 10,900 crore within three years of commencing commercial operations, according to...

Posted By : TelecomGuru 1 month 48 days 7 hours 15 minutes ago
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Norway’s Telenor received a tax reassessment order for its 2013 tax year, under which it will need to record an additional tax expense of about 2.5 billion Norwegian crowns (USD 278.44 million). Telenor said that...

Posted By : TelecomGuru 1 month 50 days 5 hours 45 minutes ago
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China's three telecom giants reported dipping profitability in the first half of this year while planning for more investment in 5G commercial use. China Mobile, China Telecom and China Unicom made total net profits of...

Posted By : TelecomGuru 1 month 50 days 5 hours 47 minutes ago
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China Telecom Corporation Limited announced its 2019 interim results in Hong Kong.

Posted By : TelecomGuru 1 month 53 days 6 hours 49 minutes ago
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Digi Communications, a Romanian telecom group that also operates in Hungary, Spain and Italy, recorded consolidated revenues of EUR 575 million in the first half of 2019, up by 18% compared to the same period of 2018....

Posted By : TelecomGuru 1 month 57 days 8 hours 9 minutes ago
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Telstra released its full year results for financial year 2019, which were in line with guidance and market expectations and showed strong progress against the T22 strategy. Telstra’s net profit after tax fell 39.6...

Posted By : TelecomGuru 1 month 60 days 6 hours 30 minutes ago
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PJSC MegaFon announced its financial and operating results for Q2 2019. In Q2 2019 MegaFon demonstrated steady growth in its key performance indicators1 while maintaining its loyal subscriber base. The operating results...

Posted By : TelecomGuru 2 months 63 days 8 hours 13 minutes ago
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China Mobile announced H1 2019 interim results proactively charting 5G development plans, driving high-quality development and maintaining scale advantage. Mr Yang Jie, Chairman of the Company commented that “In the...

Posted By : TelecomGuru 2 months 63 days 8 hours 15 minutes ago
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Greece’s biggest telecoms operator OTE posted a 1.7% rise in second-quarter core profit as a recovery in its home market helped offset poor performance at its Romanian operations. The former national monopoly, which...

Posted By : TelecomGuru 2 months 63 days 8 hours 16 minutes ago
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Following a strong first half of 2019, Deutsche Telekom is keeping its sights set firmly on its targets for the full year. In the first six months of 2019, net revenue grew by 3.2% YoY in organic terms to 39.2 billion...

Posted By : TelecomGuru 2 months 64 days 7 hours 18 minutes ago
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MTN Group announced an encouraging set of results for the six months ended 30 June 2019 in the context of difficult trading conditions across its major markets. Rob Shuter, MTN Group President and CEO, said that “We...

Posted By : TelecomGuru 2 months 64 days 7 hours 20 minutes ago
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PLDT Inc announced its unaudited financial and operating results for the first half of 2019 with Consolidated Service Revenues (net of interconnection costs) increasing 6% year on year to PHP 76.7 billion, the highest...

Posted By : TelecomGuru 2 months 64 days 7 hours 22 minutes ago
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Telekom Romania group announces key performance indicators in the second quarter of 2019, ended June 30, 2019, as reported today by OTE Group. Consolidated revenues of Telekom Romania group in Q2’19 reached EUR...

Posted By : TelecomGuru 2 months 64 days 7 hours 23 minutes ago
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Debt ridden Reliance Communications reported widening of consolidated loss to INR 366 crore in the first quarter ended June 30, 2019. The company had posted a loss of INR 342 crore in the same period a year ago. The...

Posted By : TelecomGuru 2 months 64 days 7 hours 25 minutes ago
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Singtel reported a net profit of SGD 541 million for the first quarter, down 35% largely due to Airtel’s losses and higher depreciation and amortisation costs in network and spectrum across the Group. Excluding Airtel...

Posted By : TelecomGuru 2 months 67 days 5 hours 26 minutes ago
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VEON Holdings BV a wholly owned subsidiary of VEON Ltd announced the results of its previously announced mandatory tender offer to purchase up to 1,997,639,608 shares of Global Telecom Holding SAE, representing...

Posted By : TelecomGuru 2 months 68 days 8 hours 36 minutes ago
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Tata Communications announced its financial results for the quarter ended June 30th 2019.

Posted By : TelecomGuru 2 months 70 days 5 hours 26 minutes ago
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Key strategic Developments:
1. EE successfully launched the UK’s first 5G mobile network in six cities
2. BT named the UK’s major broadband universal service obligation provider by Ofcom

Posted By : TelecomGuru 2 months 71 days 7 hours 59 minutes ago
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