Ericsson has reported that sales declined organically by 14 per cent YoY in Q1, attributed to a 19 per cent decline in Networks. Reported sales decreased to SEK 53.3 billion (€4.59bn). Gross income excluding restructuring charges decreased to SEK 22.8 billion as lower sales were partly offset by an improvement in gross margin. Reported gross […]

Ericsson has reported its Q4 and full-year results for 2023. Fourth quarter highlights include: Sales declined organically by -17 per cent YoY, driven by a -23 per cent decline in Networks. Reported sales were down by -16 per cent to SEK 71.9 billion (€6.3bn). Gross income excluding restructuring charges decreased to SEK 29.6 (35.7) billion. […]

Eutelsat’s shares hit another all time low on November 23rd, not helped by a downgrade from Fitch. The ratings agency downgraded Eutelsat’s debt to ‘BB’ although stated that the operators outlook was “stable”. However, the news didn’t help Eutelsat’s share price which crashed to €3.77 (from €4) although it finished the day at €3.81. The […]

Deutsche Telekom has reported it continues to grow in all key performance indicators, and has raised its guidance for the full year and plans to pay out a higher dividend. In Q3 revenue increased by 0.7 per cent year-on-year in organic terms – i.e., excluding exchange rate fluctuations and changes in the composition of the […]

Free cash flow (FCF) for European telecoms will remain constrained in 2022, according to credit rating agency Fitch’s European Telecoms Watch – 4Q22, with risks to short-term forecasts likely to be low. FCF will remain constrained as capex investments for fibre deployments, 5G mobile networks, spectrum payments and IT overhauls peak during the course of […]