Last week in telecoms: earnings season, fibre and 5G investments, ongoing commercial actions in Italy, and some minor M&A

Nieuws Algemeen Europa 6 MAY 2019
Last week in telecoms: earnings season, fibre and 5G investments, ongoing commercial actions in Italy, and some minor M&A

Apart from some minor M&A, last week's main news was first quarter earnings reports. The Telecompaper Stock Index European Telecoms Services was down 0.4 percent for the week, versus a 0.1 percent gain for the EuroStoxx 50 index. Altice Europe (+8.9%) was the winner and Gamma Communications (-4.9%) gave up some of the gains of recent weeks. Both are doing fine in the year-to-date perspective, with gains of 69 and 46 percent, respectively.

First of all, last week's earnings reports:

We reported that the market entry of Iliad in Italy led to mobile prices now among the lowest in Europe. Indeed, one year after the entry the operators are still launching new plans and promotions. Last week, they included:

On the infrastructure side, there was some action in the fibre-to-the-home (FTTH) segment, as well as in 5G:

Finally, last week's takeovers.

Categories:

Algemeen

Companies:

Orange,  Proximus,  Swisscom,  Telenor,  TIM,  Vodafone,  Fastweb,  Telenet,  Turkcell,  Equinix,  Iliad,  Inmarsat,  Intelsat,  Orange Poland,  Retelit

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Europa

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Proximus trims FY outlook after domestic revenues fall 2.2% in Q1

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ITALIË 3 MAY 2019

Wind offering selected ex-clients 50GB and unlimited calls for EUR 5/mth

The Wind brand of Italian operator Wind Tre has launched a new 'winback' offer to persuade selected customers to return to the operator, reports Mondo Mobile Web. The 'All Digital 50 Test Edition' plan aimed at former clients comes with 50GB of data and unlimited calls to all numbers for EUR 4.99 a month for 12 months but is initially limited to a maximum of 500 activations, said the report.

ITALIË 3 MAY 2019

Fastweb to bring fixed-wireless 5G to 60% of Italy by 2024

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ITALIË 3 MAY 2019

F2i bids up to EUR 250 mln for TIM's Persidera unit - report

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ITALIË 2 MAY 2019

Fastweb inks deal to access Open Fiber FTTH network in 80 cities and digital divide areas

Fastweb has announced an agreement with wholesale-only operator Open Fiber to use the latter's FTTH networks in areas not covered by its own infrastructure. Under the terms of the deal Fastweb will be able to access Open Fiber's network in the 80 major Italian cities it doesn't yet reach, as well as in so-called 'white' digital divide areas throughout the country. Open Fiber, meanwhile, will be able to tap into Fastweb's own fibre infrastructure where needed to continue rolling out its own wholesale network

IJSLAND 2 MAY 2019

Ericsson wins Siminn core network and radio access modernisation contract as it prepares for 5G

Ericsson said it is working with Icelandic service provider Siminn to prepare for 5G services by modernising its core network and radio access system. It said Siminn will continue to deploy the 5G-ready Ericsson Radio System. The two companies will also conduct 5G trials enabled by Ericsson 5G New Radio and Ericsson Spectrum Sharing.

ITALIË 2 MAY 2019

3 Italia hikes 'Super Internet' prices, gives away 30GB bonus

The 3 Italia brand of operator Wind Tre has announced that it will be increasing the monthly prices of some of its mobile plans by EUR 2 a month next month. The tariff revamp will see the cost of the Super Internet 5GB, Super Internet Summer, Super Internet 10GB and Super Internet 20GB offers rise from 01 June due to the need "to continue to provide service levels in line with the growing demands of the market," said the operator on its website.

ITALIË 2 MAY 2019

Italian postpaid plans drop to cheapest in Europe after Iliad launch - study

Mobile prices in Italy have fallen to among the cheapest in Western Europe, according to the latest research by Telecompaper. Less than a year since Iliad's launch as the fourth operator, Italy has become the cheapest country for the biggest Sim-only plan compared by Telecompaper in its annual EU Benchmark report on postpaid mobile prices. The country also shows a high share of plans now offering over 10 GB per month.

PORTUGAL 2 MAY 2019

Altice Portugal close to decision on sale of fibre-optic network

Altice Portugal CEO Alexandre Fonseca said that the company's analysis of the possible sale of its fibre-optic network "is practically completed" and that the company is "listening to the market" in terms of potential interested parties, reports Lusa. Asked about the sale, he repeated that the decision to sell the assets or not will be made by the end of the first half of the year, adding that this is not an urgent issue. Fonseca said that if it does decide to sell the assets, it is essential that the conti

BELGIË 2 MAY 2019

Telenet revenues lift 1% but profit halves in Q1

Telenet reported revenues for the first quarter up 1 percent from the year before to EUR 626.4 million, including a full quarter contribution from Nextel, acquired last year. The operator said the rise in the number of mobile subscribers and in volume for fixed-mobile bundles was able to offset lower interconnection revenues after the regulated reduction in fixed termination rates, as well as the switch from a major mobile wholesale partner, Medialaan, from a light to a full MVNO. Revenue from cable subscri

WERELD 2 MAY 2019

Equinix raises FY outlook after strong Q1 results

Data centre operator Equinix has already raised its full-year outlook, after a strong performance in the first quarter. Revenues rose 12 percent year-on-year to USD 1.363 billion, and adjusted EBITDA was up 14 percent to USD 660 million. 

ZWITSERLAND 2 MAY 2019

Swisscom Q1 net revenue dips 0.9 percent lower

Swisscom's operating results were within expectations in the first quarter. Revenue fell by 0.9 percent to CHF 2.86 billion. EBITDA increased by 5.8 percent year-on-year to CHF 1.12 billion, affected by the application of new requirements for the recognition of leases (IFRS 16). The EBITDA margin was up by 2.4 percentage points to 39.1 percent. Net income increased by 1.1 percent to CHF 383 million. The financial outlook for the 2019 financial year remains unchanged.

WERELD 2 MAY 2019

Veon Q1 profit boosted by Ericsson settlement, organic revenue up 7.4%

Veon reported strong underlying results in the first quarter, ahead of its full-year outlook, with organic revenues up 7.4 percent and adjusted EBITDA up 37 percent. The company said it saw a strong performance in its largest markets Pakistan, Ukraine, Bangladesh and Russia, and also benefited from cost-cutting efforts and the USD 350 million settlement with Ericsson. 

KALKOEN 1 MAY 2019

Turkcell Group revenue up 19% in Q1 to TRY 5.7 bln

Turkcell Group's revenue rose 19.2 percent year-on-year in Q1 to TRY 5.675 billion, driven mainly by growth in Turkcell Turkey revenues on the back of successful execution of a digital services focused strategy and upsell performance, the company said. Group net income increased to TRY 1.224 billion in Q1, mainly driven by strong operating performance, disciplined financial risk management and contribution of the Fintur sale, which had a positive impact of TRY 772 million. 

IJSLAND 1 MAY 2019

Siminn maintains FY outlook as Q1 revenue rises 1.3%, EBITDA falls 1.5%

Icelandic operator Siminn said revenue in the first quarter rose by 1.3 percent to ISK 6.96 billion from ISK 6.87 billion in the first quarter of 2018. EBITDA fell by 1.5 percent to ISK 2.37 billion from ISK 2.40 billion and the EBITDA slipped to 34.0 percent from 35.0 percent. Taking into account changes through applying IFRS 16, EBITDA was ISK 2.60 billion and EBITDA ratio was 37.9 percent.

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