OVHcloud lowers outlook as cloud services demand weakens in H1
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1h ago
(Telecompaper) OVHcloud said that it improved its profitability and cash generation in the first half of its fiscal year. Looking forward, however, a challenging ..read more
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China Mobile's revenue grows more than 5%, tops 996 million mobile customers in Q1
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1h ago
(Telecompaper) China Mobile posted first-quarter operating revenue of CNY 263.7 billion, which represents an increase of 5.2 percent year-on-year ..read more
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Viaplay reports 4 percent growth in Q1 sales at core operations after subscribers fall 20% year on year
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1h ago
(Telecompaper) Viaplay has reported first-quarter results in line with its expectations and said it is reiterating its outlook for the 2024 full year ..read more
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Quebecor stops all MVNO expansion plans in Manitoba after CRTC rate decision
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6h ago
(Telecompaper) Quebecor said it was "disappointed" by the CRTC's arbitration decision on the rates it has to pay, as an MVNO, for access to the mobile network of Telus ..read more
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Meta opens up Quest OS to other VR device makers
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6h ago
(Telecompaper) Meta is opening up its virtual reality software running the Quest headsets to other manufacturers ..read more
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EU threatens TikTok Lite app with ban over addictive effect on children
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6h ago
(Telecompaper) TikTok is facing another investigation by the European Commission over potential violations of the EU's Digital Services Act ..read more
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Aferian to miss FY earnings target as customers put off orders, CEO leaves in October
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6h ago
(Telecompaper) Video streaming software provider Aferian said it no longer expects to achieve EBITDA growth in FY 2024 after sales at its pay TV-oriented segment slumped in the early months of this year ..read more
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US House fast-tracks bill seeking sale of TikTok from Chinese owners
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6h ago
(Telecompaper) A fast-tracked bill against TikTok passed the US House of Representatives on Saturday 20 April, included in a wider aid package for Israel and Ukraine ..read more
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STC sells 51% in towers subsidiary Tawal to Saudi state fund
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22h ago
(Telecompaper) STC Group and Saudi Arabia's Public Investment Fund (PIF) have signed definitive agreements whereby PIF will acquire a 51 percent stake in towers company Tawal from STC Group ..read more
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Verizon lifts revenues, adjusted EBITDA in Q1 boosted by wireless, FWA
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22h ago
(Telecompaper) Verizon reported mainly higher results for the first quarter, boosted again by its mobile and fixed wireless operations ..read more
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