Georgian mobile operators book 9% higher sales in Q1
GEORGIA 14:57

Georgian mobile operators book 9% higher sales in Q1

Revenues at the three Georgian mobile operators, Magticom, Sliknet and Cellfie, totaled GEL 230.6 million in the first quarter of this year, reports Apny.ge. Their combined turnover grew by 9 percent year-on-year. Magticom led by revenues (GEL 109.2 million), followed by Silknet (GEL 79.4 million) and Cellfie (GEL 41.4 million). The subscriber base of Magticom was 2.4 million, Silknet totaled 2.1 million, and Cellfie followed with 1.3 million.  

Viva Armenia reports mobile service revenues of AMD 14.6 bln in Q1
ARMENIA 14:53

Viva Armenia reports mobile service revenues of AMD 14.6 bln in Q1

Viva Armenia said it generated revenues from mobile services of AMD 14.58 billion in the first quarter of this year. Voice contributed AMD 2.537 billion, while data services were worth AMD 8.001 billion in turnover. OIBDA from the services reached AMD 7.874 billion, while Viva's capital expenditure amounted to AMD 2.601 billion. 

Vecima prepares for June quarter resurgence as fiscal Q3 revenues stabilise
GLOBAL 12:34

Vecima prepares for June quarter resurgence as fiscal Q3 revenues stabilise

Canadian vendor Vecima Networks says it is targeting a major growth resurgence in its final fiscal quarter to end-June, having reported flat revenues for the third quarter to 31 March. Revenues reached CAD 64.8 million, marginally higher than CAD 64.0 million one year earlier, but were reduced by 12 percent from the second quarter. Net losses reached CAD 200,000, contrasting with last year's CAD 1.2 million profit, after Vecima recouped CAD 235,000 through offsets on income tax.

Soracom FY sales up 38% on higher recurring revenue
GLOBAL 11:54

Soracom FY sales up 38% on higher recurring revenue

Soracom has posted group turnover of JPY 12.4 billion (USD 78 million) for its fiscal year to end-March, an increase of 38.1 percent year-on-year. Sales growth accelerated from 13.4 percent in FY 2025, and Soracom said it finished well above estimates provided in February, which had been increased from its original projections. The share of recurring revenues reached 75 percent on a recurring turnover of JPY 9.3 billion, an increase of 41.7 percent year-on-year. Soracom is targeting a substantial revenue li

Ligga Telecom reports loss in 2025 on revenues up 7%
BRAZIL 10:42

Ligga Telecom reports loss in 2025 on revenues up 7%

Brazilian regional fixed broadband operator Ligga Telecomunicacoes reported a net loss of BRL 142.5 million in 2025, a substantial increase from the BRL 15.8 million loss in 2024. Net operating revenue grew by 7 percent to BRL 626.1 million. However, operating profit dropped by 73 percent to BRL 46.3 million, and gross profit fell by 14 percent.

EU invests EUR 42.5 mln in Serbian internet networks
SERBIA 08:58

EU invests EUR 42.5 mln in Serbian internet networks

The EU has launched two major initiatives, WiFi4WB and the Rural Broadband Rollout, to significantly improve digital connectivity across Serbia. These projects, backed by EUR 42.5 million in EU grants, aim to provide fast and reliable internet accesss, especially those in remote areas.

Alares reduces losses after revenue and EBITDA growth in Q1
BRAZIL 08:55

Alares reduces losses after revenue and EBITDA growth in Q1

Brazilian regional broadband operator Alares reported a net loss of BRL 33.5 million in the first quarter of 2026, a 10 percent improvement year-over-year. Net revenue increased by 11.4 percent to BRL 248.2 million, adjusted EBITDA rose by 19.8 percent to BRL 117.1 million, and the EBITDA margin expanded by 3.3 percentage points to 47.2 percent.

Zambian government approves ZMK 255 mln to improve mobile network services
ZAMBIA 08:47

Zambian government approves ZMK 255 mln to improve mobile network services

The Zambian government has released ZMK 255 million to upgrade the country's mobile network services and drive nationwide digital inclusion. Technology and science minister Felix Mutati said the funds will deploy immediately to eliminate connectivity challenges, especially for citizens dependent on digital financial transactions in underserved rural communities. Mutati directed the Zambia Information and Communication Technology Authority (ZICTA) to work closely with the private sector to ensure the funds a

Multi Q1 net profit surges, revenues up 14%
BRAZIL 08:20

Multi Q1 net profit surges, revenues up 14%

Brazilian smartphone and IT manufacturer Multi (formerly Grupo Multilaser) reported a net profit surge of 91 percent year-on-year in the first quarter of 2026, reaching BRL 123.4 million. Net revenue also grew by 14.3 percent to BRL 872.7 million. EBITDA jumped to BRL 96.5 million, up from BRL 5.5 million in Q1 2025, which pushed the EBITDA margin from 0.7 percent to 11.1 percent.

Digi Portugal surpasses 905,000 active subscriptions
PORTUGAL 08:08

Digi Portugal surpasses 905,000 active subscriptions

Digi Portugal exceeded 905,000 active service subscriptions in the first quarter of 2026 and achieved a 20 percent growth rate compared to the previous year. Key figures for Q1 2026 include 507,000 active mobile lines and 173,000 fibre-optic internet customers, with 140,000 of these also subscribing to TV services. The company's revenue for the quarter reached EUR 18.4 million, up 3.7 percent year-on-year, while operating expenses showed a marginal increase, to EUR 26.9 million from EUR 26.4 million.

Glaspoort revenues up 48% in 2025, Delta deal closing uncertain
NETHERLANDS 08:03

Glaspoort revenues up 48% in 2025, Delta deal closing uncertain

Dutch wholesale fibre network Glaspoort achieved a turnover of EUR 78 million in 2025, an increase of 48 percent from a year earlier. The KPN and APG joint venture had an annual operating profit of EUR 5.5 million, more than double the EUR 2.1 million in 2024, according to its recently filed annual report. 

FiberCop posts EUR 888 mln revenues in Q1, tops 14.6 mln FTTH lines
ITALY 07:19

FiberCop posts EUR 888 mln revenues in Q1, tops 14.6 mln FTTH lines

Italian wholesale operator FiberCop reported revenues of EUR 888 million in the first quarter of 2026, coupled with an organic EBITDA after Lease (EBITDAaL) of EUR 391 million, figures described as in line with budget. The company spun off from Telecom Italia (TIM) said its B2C revenues reflect technology migration from copper and FTTC to FWA and FTTH, with Capex climbing to EUR 462 million at the of March. FiberCop confirmed its 2026 guidance and said it expected organic EBITDAaL to grow by close to 10 per

BRAZIL 06:59

Telebras reports BRL 89.5 mln net loss in Q1

Brazilian state-owned telecom services provider Telebras recorded a net loss of BRL 89.5 million in Q1 2026, a substantial increase from BRL 10.9 million in the same period last year. This loss was driven by a 34.1 percent surge in operating costs and expenses, which reached BRL 157.7 million. Net operating revenue increased by 17.9 percent to BRL 134.9 million, and the company reported an adjusted EBITDA loss of BRL 13.6 million, a sharp reversal from a positive BRL 74.1 million in Q1 2025. Consequently, t

CHINA 06:57

Sohu's Q1 revenues rise 4%, turns to net loss

Sohu posted total revenues of USD 141 million for the first quarter ended 31 March 2026, which represents an increase of 4 percent year-on-year and a decline of 1 percent quarter-on-quarter. Marketing services revenues were USD 13 million, down 8 percent year-on-year, while online game revenues were USD 125 million, up 6 percent year-on-year.

PORTUGAL 06:50

Altice converts EUR 2.5 bln in debt to equity at Meo

Altice International converted EUR 2.5 billion of Meo's intra-group debt into equity to bolster liquidity and financial stability, reported Economia Online. This move increased Meo Portugal's share capital significantly, from EUR 17 million to EUR 2.535 billion according to the corporate transactions register. The action supports Altice International's strategy to enhance financial flexibility as it works on asset sales to reduce debt. 

BRAZIL 06:46

Vero sees revenue dip as subscribers decline in Q1

Brazilian regional ISP Vero reported a 1.3 percent annual dip in revenue to BRL 426.7 million for the first quarter of 2026. EBITDA rose by 12.8 percent to BRL 244.5 million, pushing its margin up by 7.2 percentage points to 57.3 percent. Although it ended Q1 with a net loss of BRL 8.2 million, the operator improved its profitability, while cash generation (EBITDA minus capex) increased by 49.3 percent over the last 12 months to BRL 470.6 million. 

GLOBAL 06:41

SpaceX planning IPO for 12 June - report

SpaceX is aiming to go public on 12 June, people familiar with the matter told Reuters. The satellite and AI company is expected to list its shares on the Nasdaq stock market in the US, according to the report. The IPO may raise as much as USD 80 billion in what is expected to be the biggest initial public offering of all time.

UNITED KINGDOM 15 MAY

AI upskilling firm Multiverse valued at USD 2.1 bln in latest funding round

Multiverse, London-based education technology company specialising in AI upskilling and adoption for businesses, has announced raised USD 70 million in primary funding to support an expansion across Europe. The funding values Multiverse at USD 2.1 billion, an increase of USD 400 million from the last funding round, and was led by Schroders Capital. 

AUSTRIA 15 MAY

Magenta Telekom records revenue, earnings decline in Q1

Magenta Telekom has recorded a slight decline in revenue and earnings year-on-year in Q1 2026. Revenue fell by 1.1 percent during the period to EUR 363 million, while EBITDA AL declined by 4.3 percent to EUR 134 million. The company cited a challenging market environment in the internet business, which saw a 2 percent decrease, as a reason for the decline. The mobile communications segment saw a slight increase of 1.2 percent.

SPAIN 15 MAY

Ezentis doubles revenues to EUR 10 mln in Q1, lands EUR 20 mln in new contracts

Spanish telecommunications infrastructure specialist Ezentis reported a 121 percent annual rise in revenues to EUR 10.0 million in the first three months of 2026 thanks above all to the acquisition of EDA Instalaciones y Energía in March 2025. The group's EBITDA also more than doubled to EUR 0.2 million, supported by the implementation of efficiency, control and cost optimisation measures.

RUSSIAN FEDERATION 15 MAY

Rostelecom Q1 revenues rise 10%,OIBDA up 14%

Rostelecom Group said its revenues reached RUB 208.92 billion in the first quarter of this year, up by 10 percent year-on-year, fostered by the expansion of digital services and growth of the mobile connection business at operator T2. Digital services accounted for 21 percent of total revenue. OIBDA in Q1 grew by 14 percent to RUB 83.87 billion and the OIBDA margin widened to 40.1 percent from 38.8 percent. The net profit reached RUB 7.44 billion, up by 10 percent.

ITALY 15 MAY

Digi Italia subs climb 7% to 534K in Q1

Romania's Digi Communications Group announced in its first quarter 2026 release that its Italian subsidiary ended March with a total of 534,000 revenue generating units, up 6.6 percent compared to the year-earlier result of 501,000. Revenues at the unit came to EUR 8.9 million in the quarter, up 9.9 percent from a year earlier, while ARPU was stable at EUR 5.4.

SPAIN 15 MAY

Digi Spain revenues up 17% in Q1, exceeds 11 mln RGUs

Romania's Digi Communications Group announced that revenues at its Digi Spain subsidiary climbed another 17 percent year on year to EUR 251.6 million in the first quarter of 2026, driven by a record 492,000 net portability transactions from January to March, up 22 percent compared to Q1 2025. Digi is now Spain's fourth largest operator on over 12 percent of the mobile market and 15 percent of fixed broadband lines.

EUROPE 15 MAY

Digi revenues up 10% to EUR 583 mln in Q1

European operator Digi reported revenues for the first quarter of EUR 582.6 million, up 10 percent from a year earlier thanks to customer growth mainly in its home market Romania and Spain. Adjusted EBITDA after leases rose 15.0 percent to EUR 161.2 million, while the bottom line was a net loss of EUR 14.5 million versus a profit of EUR 8.7 million a year earlier, hurt by higher operating and financing costs as the business expands.

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