Vodafone Spain suffered a 8.7 per cent fall in revenues in the third quarter of the fiscal year (October-December 2022) to €858 million; the telco also saw a loss of customers across all businesses – mobile, broadband and convergent packages. The reasons for the poor financial performance, according to the company, are the competitive nature […]

The Board of Directors of 4iG has appointed new senior executives in order to integrate Vodafone Hungary and the company’s existing telecommunications portfolio. The executives will be responsible for identifying synergies within the Group and harmonising business operations. From March 1st, Sacha Dudler will join the 4iG Group’s senior management team as Deputy CEO, in […]

The acquisition of Vodafone Hungary Telecommunications has now been completed upon payment of the purchase price. According to the sale and purchase agreement signed on January 8th, 4iG, the telecommunications and IT group, has acquired 51 per cent and the Hungarian State has acquired 49 per cent indirect influence in the second largest telecommunications company […]

The CTAM Europe Annual Symposium returns to London’s vibrant Soho to showcase the important innovations in the worlds of Streaming, Fast TV, Content Distribution and The Metaverse. CTAM Europe has announced that Reinald Krüger, Chairman of the Board of GIGAEurope and Vodafone Group Policy and Public Affairs Director, will be interviewed by Theresa Wise, CEO, […]

Spanish telcos Movistar, Vodafone and Orange are raising their subscription fees to mitigate declining revenues. On average, Movistar and Vodafone are increasing their monthly fees by 6.8 per cent and 6.5 per cent, respectively. Moving with the tide, Orange is also set to rise its fees between €2 and €5 a month from March. Movistar […]

Colman Deegan, will step down as CEO of Vodafone Spain from March 31st. He has held the role for the past two years. From April 1st, until a permanent successor is named, Margherita Della Valle will serve as interim CEO, at a time when Vodafone Spain is facing a tough waters with revenues and customers […]

Antenna Hungária, a subsidiary of 4iG, Corvinus International Investment, representing the Hungarian State and Vodafone Europe have signed a binding sale and purchase agreement of 100 per cent shares in Vodafone Hungary. The parties have agreed on an Enterprise Value of HUF 660 billion (€1.66bn) which is 7.1 times the EBITDA of the target company […]

The UK’s broadband use is set to break records after a bumper 2022 saw people head online to engage with major events such as the Queen’s Funeral, watch live sport, enjoy the build-up to Christmas, and continue online gaming, particularly Call of Duty. UK digital infrastructure provider Openreach’s annual broadband update – based on the […]

Plume, the personalised communications services pioneer, has appointed and formed a new board of advisors comprising of highly-experienced telecoms industry and business leaders: Hannes Ametsreiter, former CEO of Vodafone Germany, Cody Sanford, former T-Mobile Executive VP, and Mike Doonan, Managing Partner at SPMB Executive Search will advise Plume’s executive team as global demand for its […]

The Portuguese pay-TV market saw a growth of 134,000 subscribers (+3.1 per cent) in Q3 2022, compared to the same period last year, to 4.5 million customers, according to data from the National Communications Authority (Anacom). The figures reveal a slowdown of the market compared to previous years as Q3 2021 saw 3.2 per cent […]