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Telecom Italia service revenues down 5.7% in Q3 on wholesale losses and competition, cuts debt

2019-11-08 09:28:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 5.7 percent year-on-year decline in third quarter service revenues to EUR 4.06 billion compared to falls of 0.4 percent, 2.5 percent and 2.9 percent in the previous three quarters, attributed mainly to a significant reduction in international wholesale contracts, partly offset by a 3.0 percent year on year rise in revenues at its TIM Brasil unit. The group's EBITDA after leases was down 4.3 percent to EUR 1.9 billion in the three months ending September compared with the same period of last year, though the margin inched up 0.7 percentage points to 44.6 percent thanks to cost containment initiatives.

Tags: service italia competition debt

 

Telefonica Germany signs wholesale pact with Tele Columbus to offer O2 products on network

2019-10-30 15:10:00| Telecompaper Headlines

(Telecompaper) Tele Columbus will open its network of around 2.3 million connected households to Telefonica. Through the agreement, Telefonica will supply customers connection at up to 1 Gbps in the future.  

Tags: products offer network germany

 
 

Canadian operators say broadband investment at risk from cut in wholesale rates

2019-08-20 08:48:00| Telecompaper Headlines

(Telecompaper) Canada's fixed operators have criticised the regulator CRTC's decision to lower wholesale rates and announced charges to account for the reduced prices. Bell announced the regulator's order will have an around CAD 100 million impact, Rogers plans a charge of CAD 140 million to account for the retroactive cut in rates, and Cogeco said it will cost the company CAD 25 million. They are all reviewing investment plans after the decision.

Tags: rates risk cut investment

 

Openreach slashes wholesale rates to boost ultrafast uptake

2019-07-22 02:00:00| Total Telecom industry news

Openreach has reduced wholesale access charges to its superfast and ultrafast networks, in an attempt to incentivise internet service providers to migrate their customers onto next generation broadband services.     Openreach has cut the access fee it charges ISPs for its 330Mbps service by 36 per cent to £…read more on TotalTele.com »

Tags: rates wholesale boost uptake

 

Meat Market Update | Wholesale prices continue downward trend

2019-07-09 23:54:00| Beef

Boxed beef movement slowed and wholesale prices dipped slightly. But the market remains resilient.

Tags: market continue prices update

 

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