Today, we are publishing the Telecom Infrastructure section of our 29th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. Fixed equipment revenues are rebounding from the inventory correction, rising 11% YoY. RAN revenues declined 1% YoY, reflecting the ongoing weak demand following the 5G cycle. Telecom semis ...
FWA has reached 38% penetration in Austria today, 13% in Italy, but is just 1-2% elsewhere in Europe. Furthermore, the EC has just made a major decision to dedicate a further 540MHz of spectrum to mobile carriers increasing their bandwidth by 60%.
United Internet has announced that 1&1 will acquire its sister company Versatel at a €1.3bn valuation. While there is operational logic to this combination, the financial terms seem unfavourable for the 1&1 minorities, as we struggle to see a path to breakeven for Versatel.
1&1 reported solid Q3 results, leaving full-year guidance broadly unchanged apart from some capex phasing. The company has completed the subscriber migration to its own network, although site rollout remains sluggish and no progress on low-band spectrum. At the broader United Internet group, results were weighed down by the AdTech segment, where EBITDA fell to zero following a shift in Google’s advertising model.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.