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Ofcom aims to make BT open dark fibre up to rivals by April 2017

2015-05-15 02:00:00| Total Telecom industry news

U.K. incumbent claims proposed rule will undermine investment and divert resources from improving service.

Tags: make april open dark

 

Telefonica Spain sales down 3.8%, fibre clients double YoY

2015-05-14 08:26:00| Telecompaper Headlines

(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) sustained its recent trend of year-on-year revenue recovery in the first quarter of 2015, reporting sales of EUR 2.88 billion, down 3.8 percent on last year's result of EUR 2.99 billion but an improvement on falls of 4.9 percent, 6.6 percent and 9.1 percent in previous quarters. The company said the ongoing recovery was due to a 1.2 percent rise in connections in the quarter, led by a year-on-year doubling of fibre customers to 1.6 million, the highest level in Europe, as well as improved churn in all services. Telefonica chairman Cesar Alierta welcomed the results, saying the year-on-year increase in accesses would gradually translate into growth in financials. The company's operating income before depreciation and amortization (OIBDA) for the January-March period fell 8.6 percent from a year earlier to EUR 1.28 billion, impacted by a drop in handset sales and an ongoing commercial effort, while the OIBDA margin dipped to 44.4 percent. CapEx for the quarter amounted to EUR 414 million, up 55.0 percent from the year-earlier EUR 267 million, reflecting the company's accelerated rollout of its fibre and 4G networks.

Tags: sales double spain clients

 
 

China sets ambitious 4G, fibre targets

2015-05-11 02:00:00| Total Telecom industry news

Country aims to build a further 600,000 base stations by end of 2015, according to local press.

Tags: china sets targets fibre

 

Telecom Italia talks up domestic stability on 4G, fibre investments

2015-05-08 02:00:00| Total Telecom industry news

Italian incumbent reports 2.6% decline in first quarter revenue; net debt edges down on-year.

Tags: italia domestic investments stability

 

BT adds 266,000 fibre customers in March quarter

2015-05-07 09:13:00| Telecompaper Headlines

(Telecompaper) BT reported group revenue down 2 percent to GBP 4.64 billion in its fourth quarter to the end of March, with EBITDA up 7 percent to GBP 1.82 billion and earnings per share up 11 percent to GBP 0.10. EBITDA growth was partly helped by the settlement of ladder pricing arrangements. The company proposes to pay a dividend of GBP 0.124 for the full fiscal year, 14 percent more than in fiscal 2014. The Openreach infrastructure subsidiary added a record 455,000 premises to its fibre network in the fourth quarter, 31 percent more than a year earlier, while the BT retail business signed up a record 266,000 of newly passed premises, said CEO Gavin Patterson. BT's fibre broadband network now passes over three-quarters of the UK and the planned upgrade to ultrafast will see another multi-year investment by Openreach. BT Sport TV channels are now viewed in over 5.2 million homes and last year the group bought rights to the FA Premiere League to 2018/19 and Aviva Premiership Rugby to 2020/21. The company added 2,500 new engineers and over 500 new agents at UK contact centres this year, as well as hosting over 500 new apprentices. BT awaits regulatory approval for its GBP 12.5 billion proposed acquisition of mobile operator EE. BT's guidance for this year, excluding EE, is for underlying revenue growth, modest growth in EBITDA, around GBP 2.8 billion of normalised free cash flow and a dividend up by 10-15 percent on last year.

Tags: march customers quarter adds

 

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