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Cyan meets FY outlook, forecasts further sales growth in year ahead
GLOBAL 10:32

Cyan meets FY outlook, forecasts further sales growth in year ahead

Cyan reported strong growth for 2025, with revenues up 30 percent to EUR 9.2 million thanks to demand for its cybersecurity products. Sales were at the high end of its forecast, and the company also achieved the upgraded EBITDA outlook, with a result within the forecast range of of EUR 0.75-0.85 million, according to the preliminary results. Cyan said it expects positive EBITDA again this year, with further sales growth to EUR 10.2-11.5 million. The company said it's confident of growing recurring revenues

Millicom prices USD 75 mln reopening of 2032 bond issue
LATIN AMERICA AND THE CARIBBEAN 08:04

Millicom prices USD 75 mln reopening of 2032 bond issue

Millicom, owner of Tigo-branded operations across Latin America, announced the pricing of a USD 75 million reopening of its 7.375-percent senior notes due 2032. The additional notes were sold at 100.985 percent of par, plus accrued interest, in a Regulation S-only private placement to a non-US investor.

German government offers over EUR 1 bln in fibre subsidies and cuts bureaucracy
GERMANY 07:56

German government offers over EUR 1 bln in fibre subsidies and cuts bureaucracy

The German Federal Minister for Digital Transformation and Government Modernisation (BMDS) announced over EUR 1 billion in subsidies for the expansion of fibre-optic networks in the latest new call for proposals. Changes under the third amendment to the Gigabit Directive 2.0 aim to cut bureaucracy and speed up processes, the ministry says. In future, market research procedures will be shortened to the minimum required under EU law to accelerate expansion, especially in areas where companies are unwilling to

Videotron starts commercial paper programme in US
CANADA 07:29

Videotron starts commercial paper programme in US

Canadian operator Videotron has launched a commercial paper programme to raise up to USD 1 billion in short-term debt. The programme was set up in the US to organise private placements of the debt, helping diversify the company's balance sheet. Any issues under the programme will go towards general corporate purposes. 

Italy's FiberCop issues EUR 1 bln bond
ITALY 07:13

Italy's FiberCop issues EUR 1 bln bond

Italian wholesale operator FiberCop has announced the launch of a bond offering for a total of EUR 1 billion for general corporate purposes. The offering is made up of senior secured notes due 2031 and is priced at an aggregate principal amount of 5.375 percent.

Helios Towers invests USD 100 mln to expand infrastructure in DRC
CONGO, THE DEMOCRATIC REPUBLIC OF THE 07:11

Helios Towers invests USD 100 mln to expand infrastructure in DRC

Helios Towers announced a USD 100 million investment to expand its telecommunications infrastructure across 23 provinces in the Democratic Republic of Congo (DRC), Ecofin reported. Supported by the National Investment Promotion Agency (ANAPI), the project targets improved network coverage and digital access in underserved areas to support the country's digital transformation.

SpaceX makes confidential filing for IPO - report
GLOBAL 06:33

SpaceX makes confidential filing for IPO - report

The rocket company and Starlink owner SpaceX has filed for an initial public offering of its shares in the US. The confidential filing was made with the US Securities and Exchange Commission in the past week, people familiar with the matter told the Financial Times, Bloomberg and other publications. The share sale is expected to be one of the largest on record and take place in June. 

Microsoft outlines USD 5.5 bln Singapore investment
SINGAPORE 05:29

Microsoft outlines USD 5.5 bln Singapore investment

Microsoft has announced plans to invest USD 5.5 billion in cloud and AI infrastructure and operations in Singapore between 2025 and 2029, alongside a series of programmes aimed at expanding AI skills across education and the non-profit sector. It said the investment will support the expansion of cloud and AI infrastructure in the country over a five-year period, with the company also signalling continued work on cybersecurity, resilience and governance capabilities as part of the initiative.

Selectel cloud services revenues up 39% in 2025
RUSSIAN FEDERATION 1 APR

Selectel cloud services revenues up 39% in 2025

Revenues of Russian data centre services provider Selectel totaled RUB 18.3 billion in 2025, reports  Vedomosti. Cloud infrastructure services generated 87 percent of annual revenues, at RUB 15.9 billion, up by 39 percent year-on-year. The company's adjusted EBITDA grew by 38 percent to RUB 9.7 billion, for an EBITDA margin of 53 percent. The net profit was RUB 3 billion, down by 8 percent on depreciation and higher interest after an increase in debts.

Vodacom South Africa supports Western Cape educational schemes
SOUTH AFRICA 1 APR

Vodacom South Africa supports Western Cape educational schemes

Vodacom South Africa says its using technology and purposeful investment to provide a beneficial social impact in the Western Cape. It aims to build a digitally inclusive society while investing in critical infrastructure. It has supported four Schools of Excellence (SoEs) and four Early Childhood Development (ECD) centres in the region to enable quality education and digital youth literacy.

CloudCoCo confirms FY results, exits year with GBP 10 mln in recurring revenue
UNITED KINGDOM 1 APR

CloudCoCo confirms FY results, exits year with GBP 10 mln in recurring revenue

UK IT services provider CloudCoCo reported a fall in revenue for its fiscal year to September 2025 to GBP 9.6 million from GBP 27.5 million the previous year after the sale of much of its managed services business. Revenue from continuing operations dropped to GBP 8.0 million from GBP 8.7 million, in line with its preliminary figures released in March, and the trading EBITDA was GBP 0.08 million, up from GBP 0.06 million. The company said it made strong operational progress over the year, ending the year wi

Spain's PremiumFiber looking to refinance up to EUR 2 bln
SPAIN 1 APR

Spain's PremiumFiber looking to refinance up to EUR 2 bln

PremiumFiber, the fibre-optic network company owned by MasOrange, Vodafone Spain (Zegona) and GIC, is preparing to refinance an initial EUR 2 billion of its EUR 5 billion debt pile, according to sources cited by business daily Expansion. The wholesale operator intends to close a bond issue with a long-term maturity of around ten years before inflation spikes due to the Iran conflict, said the report.

EUROPE 1 APR

ETHER completes SNS-JU remit focused on unified space, aerial and land 6G architecture

A 6G research project funded by the EU's Smart Networks and Services Joint Undertaking (SNS-JU) has wrapped up its remit, having introduced a novel architecture for combining satellite, land-based and aerial transmitters into a fully unified 6G network.  The ETHER project was co-ordinated by University of Luxembourg's Interdisciplinary Centre for Security, Reliability and Trust with the participation of Sateliot, Collins Aerospace, Aristotle University of Thessaloniki, Avanti, Ubiwhere, i2Cat Research Centr

GLOBAL 1 APR

Kore Wireless lifts FY total connections amid durable demand for IoT platform

Kore Wireless has reported a dip in revenue in the 2025 financial year to USD 285.9 million from USD 286.1 million in 2024. Revenue from IoT connectivity declined by 1.3 percent to USD 224.0 million from USD 226.9 million a year earlier and revenue from IoT Solutions expanded by 4.5 percent to USD 62.0 million from USD 59.2 million. The total number of connections on 31 December was 20.9 million, up from 19.7 million at the end of 2024, which CEO Ron Totton said underscores durable demand for the company's

GLOBAL 1 APR

Streamwide posts 33% rise in FY net income

Communications software specialist Streamwide said that its profitability improved sharply in 2025, despite higher expenses linked to the development of its 'Platforms' activities. Annual EBITDA rose 32 percent year-on-year to EUR 15.74 million, while the EBITDA margin improved by 3 percentage points to 60 percent. As announced in February, annual revenues increased 25 percent to EUR 26.29 million, of which 39 percent came from international activities compared with 31 percent in 2024. Net income progressed

SWITZERLAND 1 APR

Swiss Quickline loses customers in 2025 as Wasserwerke Zug withdraws

Swiss provider Quickline has reported declines in its customer base in 2025 following the loss of Wasserwerke Zug (WWZ) as a network partner during the year. Adjusting for WWZ's withdrawal, it achieved moderate customer growth, thanks to satisfaction with its products, personalised customer service, and attractive prices and promotions. Quickline said FY revenues saw a 0.4 percent year-on-year uptick to CHF 249 million. 

CHINA 1 APR

Huawei revenue growth slows to 2% in 2025 as consumer, cloud markets weaken

Huawei reported revenues for 2025 of CNY 880.9 billion (USD 126.0 billion), up 2.2 percent from a year earlier. The growth in revenues was much slower than the 22 percent the previous year, as challenging conditions in its core network and consumer device markets were offset only in part by Huawei's expansion into new business areas, such as automotive and power systems. The company's operating margin improved to 11.0 percent from 9.2 percent the previous year, and net profit rose to CNY 68.0 billion from C

LATIN AMERICA AND THE CARIBBEAN 1 APR

Somos Internet raises USD 40 mln to expand LatAm fibre network

Colombian broadband provider Somos Internet has raised USD 40 million in a Series B round co-led by Bracket Capital and Ribbit Capital, with backing from Union Square Ventures, Kaszek Ventures, Not Boring Capital, Zero Infinity Partners and Y Combinator. The Medellin-based company said the funds will help to expand its high-speed fibre network to support meet surging demand for artificial intelligence infrastructure across Latin America.

GLOBAL 1 APR

OpenAI completes USD 122 billion funding round

OpenAI has completed its latest funding round with an increased amount of USD 122 billion. The latest money values the ChatGPT maker at USD 852 billion. The company said the new funding will support its rapid growth, with the weekly user base for its products expected to pass 1 billion soon. Revenues have grown to over USD 2 billion per month, it added. 

MALTA 1 APR

Go posts nearly 32% profit increase in 2025, completes True Fibre rollout

Maltese operator Go posted revenue of EUR 254.4 million for 2025, which represents a growth of 3.9 percent year-on-year. EBITDA reached EUR 92 million, up 1.5 percent in 2025. Profit for the year jumped 31.7 percent to EUR 20.7 million.

JAPAN 1 APR

KDDI restates Q3 results following investigation into improper transactions

KDDI has restated its third-quarter financial results for the year ending March 2026 after an investigation into improper transactions at two subsidiaries identified fictitious circular trading in an advertising business, leading to historical corrections and a downgrade to full-year guidance. The operator reported restated third-quarter revenue of JPY 4.47 trillion (up 3.8% YoY), with operating profit of JPY 856.7 billion (up 1.1%) and net profit attributable to owners of the parent of JPY 545.5 billion (u

AUSTRALIA 1 APR

Australian govt partners Anthropic on AI safety, research and infrastructure

The Australian government has signed an MoU with Anthropic to support collaboration on AI development, safety and research, marking the first formal arrangement under the country's National AI Plan. The agreement sets out a framework for cooperation between government, industry and research institutions, with a focus on aligning AI development with national policy objectives, including safety, economic impact and infrastructure planning. 

UNITED KINGDOM 1 APR

Liberty Global's egg Power acquires UK wind project

egg Power, the clean energy investment business of Liberty Global, has acquired the development rights to the Chirmorie onshore wind farm in South Ayrshire, Scotland from Coriolis Energy and ESB, marking its fourth renewable energy project in the UK. The project is the company's largest to date and its first wind asset, following earlier investments in three solar projects. Construction is expected to begin later in 2026, with the site scheduled to enter operation in 2028. Once operational, the wind farm is

GLOBAL 1 APR

Sony and TCL form joint venture for TV business

Sony and TCL Electronics have signed definitive agreements to form a joint venture that will take over Sony's home entertainment operations, marking a shift in the structure of its television and audio business. Under the agreement, Sony will carve out its home entertainment division into a new subsidiary, which TCL will acquire a 51 percent stake in, with Sony retaining 49 percent. The new entity, to be named Bravia Inc, will manage product development, manufacturing, sales and customer service for Sony's

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Top stories this week

live blog
Top stories this week
06:33

SpaceX makes confidential filing for IPO - report

1 APR

Turkcell, Turk Telekom, Vodafone launch 5G services in Turkiye

1 APR

Huawei revenue growth slows to 2% in 2025 as consumer, cloud markets weaken

1 APR

Nvidia and Marvell expand partnership to target AI and telecom infrastructure

1 APR

Airtel's Nxtra secures USD 1 billion in funding from Alpha Wave, Carlyle, Anchorage

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Just In

10:40

MTN Uganda runs Digital Literacy Programme training in Western region

10:36

Vi to expand 5G footprint to 18 cities of Maharashtra by May

10:32

Cyan meets FY outlook, forecasts further sales growth in year ahead

10:30

Sisvel launches cellular POS patent pool with Huawei, Nokia, LG as licensors

Commentary

11 FEB 12:29

Odido shareholders face tricky exit after abandoned IPO

2 FEB 13:49

KPN results show little bother from the competition

2 JAN 13:21

Open Dutch Fiber's new management team takes up turnaround challenge

15 DEC 2025 13:56

Video market set for slower growth ahead

Background

29 MRT 22:46

The week in telecoms: Italy brings back PTT, US bans foreign routers and social media on trial

23 MRT 00:38

The week in telecoms: OFC and Nvidia events drive data centre networking talk, Orange debuts full French office stack

16 MRT 00:25

The week in telecoms: Pakistan ready for 5G, Google exits FTTH market and Canal Plus works on pay-TV turnaround

6 MRT 16:00

The week in telecom: MWC brings 5G advances, AI and satellite integration, plus first robot phone

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