Three UK spent £17 million more than it earned after covering operating costs and investments,according to half-year figures for 2024. This is an improvement from the £112 million shortfall in early 2023. However revenue climbed nine per cent to £1.335 billion, up from £1.227 billion in the same period last year. The increase was driven

Pioneer secondary market provider musicMagpie’s global revenue dipped by £8.1 million, from £61.9 million to £53.8 million, for the six months to May compared to the same period last year. This drop is primarily attributed to strategic changes in its USA operations, shifting to a sourcing-only model. Despite the overall revenue decline, UK consumer technology

Over The Top business messaging traffic will surge to 375 billion messages by 2028, up from the 100 billion messages recorded so far 2023 according to Juniper Research. 

BT Group raked in £2.4 billion in mobile revenue or the First Half of 2023 according to recently released figures Mobile consumer subscriptions were the primary contributors, generating a substantial £1.83 billion. Business users brought in £592 million for the company.

Global roaming data revenue to reach $10 billion next year but eSIMs could curtail income.

Three’s revenue Q1 revenue grew by five per cent to £610m, while margin increased by seven per cent to £389m according to figures released today,

Fall in roaming activity hits financial performances in Germany, Italy and Spain

Network trade-ins need to be sold for the best margins Are mobile network operators picking up B2B auctions fast enough? Consumers are growing more hesitant to £1,000 every time the latest Apple or Samsung phone launches. In fact, 22 million phone users (nearly 35%) would buy a refurbished phone over a new one says Jess Morris,

Selling prices hold up in Q3 due to higher cost of 5G devices

Three Business continued to develop in this quarter with the launch of Business Broadband and promotion of Adapt product

Key product take up across the UK and Europe contributed to strong results

An output of £7.7bn is potentially being lost to the British economy each year

Overall Vodafone group revenue grew four per cent to £45.58bn

Declining enterprise and global business offset by Openreach growth 

The vendor’s consumer business struggled as smartphone sales declined

Demand for more expensive PCs helped the overall revenue to grow

The results were in line with expectations according to the vendor

Xiaomi also reported strong growth in premium smartphone sales, AIoT development, smart ecosystems, internet services revenue and investment in R&D

Profits also fell 31pc, but BT Group report strong FTTP and 5G progress

Revenue was up 11pc year-on-year in the final quarter of 2021

The smartphone brand has seen global growth during last quarter

Strong performance in Africa and Europe has put Vodafone on course to meet targets, says CEO

Andy Gent, CEO of fraud intelligence company Revector, highlights the risks to mobile operators of ignoring various frauds taking place on their networks

Smartphone becomes the world’s number two vendor according to Canalys

However the impending right-to-repair movement could limit 5G smartphones sales growth post-2025

Apple also reported record-high services revenue

The rebrand includes the incorporation of subsidiary 4site as part of the Indigo brand

The figures exceeded the disti’s expectations, amid a challenging Covid-hit backdrop

The dealer aims to boost this by a further 20 per cent next year

However Huawei will continue to focus its efforts in its 5G deployment 

However overall growth stalls as markets outside of China feel the impact of US sanctions 

The results are in line with expectations according to BT CEO

Group reaches 10mn unlimited data mobile users across 10 markets

Revenue up 21 per cent year-on-year as latest iPhone range fuels growth

Telco eyes flat or slightly increased profit as business overhaul continues

Strong demand in consumer products and a surge in second-life handsets helped Exertis post strong first half revenue

Record Mac and Services growth alongside strong tablet and wearables gains offsets handset decline

CEO Jansen calls results ‘in line with expectations’

Revenue takes a hit due to Covid-induced roaming declines and ‘handset release phasing’

The vendor said that the latest figures ‘met expectations’ 

Apple shipments accounted for over half of the overall smartwatch market during H1 2020

Overall group revenue climbs due to lockdown-influenced PC market growth

Sales down but sector generating profit due to operations cost cutting

The Telco has also announced MTN Group CEO joins as new BT Enterprise CEO

iPhone growth is smallest in all categories and revenue share declines

Reduction in marketing expenses offset decreased device sales

Customer base continues to grow and churn remains low

Revenue in the UK business down 1.9pc, but better than other European markets

Carphone store closures ‘significant’ step towards cost saving

Samsung repair partner credits business uptick with availability and word of mouth

Strong international performance helped the distributor through a challenging year in the UK

Vodafone also reduced big losses during the last financial year

Growth in MVNOs contributes to positive first quarter for the operator

Google restrictions have likely impacted Huawei’s performance too

The vendor shipped 240 million smartphones during 2019, ranking second for market share 

Travel restrictions in place means people won’t be using roaming data

Vendors will need to adapt to new strategies to overcome difficult period

Apple is the first US company to announce they would take a hit because of the outbreak

TMT hopes measures will drive growth plans

Revenue is barely 1/6 of 2017 figure

However 5G is predicted to generate a number of opportunities to offset the losses

Xiaomi shipped 32 million smartphones in the third quarter of this year

5G and O2 Business launches signal significant quarter for MNO

Company looking to downsize offices and employee numbers

The company say they have shipped 185 million smartphones this year

CEO Philip Jansen welcomes government’s target of full fibre coverage by 2025

Dave Dyson anticipates H2 to be ‘important and exciting milestone’ for the operator

The vendor made £4.1bn in net profit for the first six months of 2019

Operator aims for coverage in 50 cities by mid-2020

Dealer focused on £70 million revenue target and headcount growth Focus Group is targeting a revenue increase of 19 per cent for 2019 and a staff increase of more than 40 per cent in the next “couple of years”, after recently completing a move to its new head office in Shoreham, West Sussex. The dealer’s

The Korean manufacturer also unveiled a new rugged smartphone at the Data Select Platinum Club partner conference 

O2 unveils investment plans for high footfall stadiums and hotels

The group’s net profit jumped 25pc to £6.7bn

The operator is planning 5G rollout for second half of 2019

Customer base continues to stand at 25 million, with 13.5 connected to 4G

Revenues from the UK arm shrunk 5.2 per cent finishing on €1.7 billion (£1.4Bn)

The telecoms provider is on track to hit £130 million this year

Huawei sold 200 million smartphones up from 153 million year-on-year

In a letter to its investors, Apple CEO Tim Cook put the change in guidance largely down to the Chinese economy and tensions between the US and China

UK arm of the business reported a loss of ‚¬182 million (£158.6m) in mobile customer revenues as Europe as a whole reports a 17.6 per cent loss in profit

UK arm of the business reported a loss of €182 million (£158.6m) in mobile customer revenues as Europe as a whole reports a 17.6 per cent loss in profit

5G market will create trillion-dollar potential for media industry

The vendor sold 46 million iPhones, 9.69 million iPads and 5.29 million Mac computers in the quarter

The operator reported 32.3 million customers, over two thirds are contract customers

More than 7,500 connections were made, down from the 2014 World Cup in Brazil, where connections totalled 22,000

South Korea firm took KRW 4.45 trillion (£3.02Bn) less in the mobile sector in the second quarter compared to Q1

OIBDA hit £773 million up 7.2 per cent from last year

Dealer has ambitions to be a unified communications specialist this year

Revenue spurt from gains in audio-visual, gaming, and upsurge in components demand. 

HTC revenue once again drops as smartphone sales continue to dry up

Samsung announce profits in first quarter off the back of flagship S9 sales and a strong performance in memory business. However Samsung expect a slower second quarter

Customer base for the operator stands at 25 million

Gross profit is up 14 per cent from £98.8m to £113m, while EBITDA rose 27pc to £39.6m

GMC targets 50,000 in shipment within 12 months

Reeves Lund marks Arrow’s eleventh acquisition in eight years

Managing director backs up promise to ‘wake up’ the industry with strong performance

The company also reported net profits of £7.3bn despite plans to range in US operators collapsing

Revenue up despite customer base dropping by 0.5 million to 25 million

Operating profit down to £62 million, down 16 per cent year-on-year