Telia Q1 EBITDA rises 4% as service revenue grows 2% and operating costs drop
Telia Company said the first quarter was a good start to 2026 for the operator, as it reported a 2.1 percent increase in service revenue on a like-for-like basis amid strong developments in Sweden and Lithuania. Adjusted EBITDA rose 4.0 percent on a like-for-like basis in Q1 as service revenue expanded in most markets and operating costs fell. CEO Patrik Hofbauer said Telia reduced its headcount by 5 percent in the first quarter, cutting operational expenses by 2 percent.
Telia Q1 EBITDA rises 4% as service revenue grows 2% and operating costs drop
Telia Company said the first quarter was a good start to 2026 for the operator, as it reported a 2.1 percent increase in service revenue on a like-for-like basis amid strong developments in Sweden and Lithuania. Adjusted EBITDA rose 4.0 percent on a like-for-like basis in Q1 as service revenue expanded in most markets and operating costs fell. CEO Patrik Hofbauer said Telia reduced its headcount by 5 percent in the first quarter, cutting operational expenses by 2 percent.
Digi Spain confirms IPO delay due to 'market instability'
Romania's Digi Communications Group said it has suspended the planned IPO of its Spanish subsidiary due to market instability connected to the US and Israeli war against Iran, confirming earlier reports. In a statement, group CEO Serghei Bulgac said the transaction is "not imminent" in view of "the current market instability", adding that the company and Digi Spain will continue to monitor developments in the global environment and capital markets to assess the possibility of a potential transaction in the
Digi Spain confirms IPO delay due to 'market instability'
Romania's Digi Communications Group said it has suspended the planned IPO of its Spanish subsidiary due to market instability connected to the US and Israeli war against Iran, confirming earlier reports. In a statement, group CEO Serghei Bulgac said the transaction is "not imminent" in view of "the current market instability", adding that the company and Digi Spain will continue to monitor developments in the global environment and capital markets to assess the possibility of a potential transaction in the
CISPE starts issuing sovereign cloud badges for European providers
Cloud Infrastructure Service Providers in Europe (CISPE) has released its Sovereign and Resilient Cloud Services Framework, a new set of guidelines to help organisations ensure safe IT operations in Europe. The industry group said the framework should allow customers to select "easily" cloud services with verified sovereign and resilience credentials.
CISPE starts issuing sovereign cloud badges for European providers
Meta to cut 10% of workforce to offset costs of AI investment
Meta announced plans to reduce its workforce by 10 percent, letting go of around 8,000 employees in an effort to reduce costs and offset its heavy spending on artificial intelligence. The company disclosed the plans in a memo sent to employees and reported by Bloomberg. Meta also won't fill around 6,000 open vacancies at the company.
Meta to cut 10% of workforce to offset costs of AI investment
Iridium ends Q1 with 2.55 million subscribers worldwide
Iridium Communications, global satellite services provider, has reported total revenue of USD 219.1 million for Q1 2026, up 2 percent from the year-earlier quarter. This included service revenue of USD 158 million, and revenue of USD 61 million from equipment sales and engineering/support projects. Service revenue increased by 2 percent from Q1 2025 to account for 72 percent of total revenue in the quarter.
Iridium ends Q1 with 2.55 million subscribers worldwide
AstaZero test ground in Sweden hosts 5GAA connected mobility service demonstrations
The 5G Automotive Association (5GAA) said live demonstrations of connected automotive services have been held at the AstaZero proving ground near Gothenburg. They covered satellite connectivity for vehicles, safe roads, and cooperative perception. The association said they presented the application of connected mobility technologies in real traffic conditions and across borders, positioning the Nordic region as a reference point for scaling such capabilities across Europe.
AstaZero test ground in Sweden hosts 5GAA connected mobility service demonstrations
O2 demand urgent UK govt action against music ticket touts
Virgin Media O2 is taking its 'Fight for Fairer Ticketing' campaign to parliament and urging the UK government to ban the resale of live music event tickets for profit. It has set up a billboard in Westminster to remind MPs how much money music fans have lost since the government promised action against ticket touts. O2 research shows that live music fans have lost GBP 60 million to ticket touts since the government made its promise, with the company now calling on the government to urgently follow through
O2 demand urgent UK govt action against music ticket touts
Chile court rules in favour of Wom in competition lawsuit against Claro
The 24th Civil Court of Santiago has once again found in favour of Chilean operator Wom in an unfair competition lawsuit filed against rival ClaroVTR (America Movil). The latter lodged an inital appeal against a decision issued by the same court in November that accepted Wom's claim of "unfair and irregular practices" designed to erode customer trust.
Chile court rules in favour of Wom in competition lawsuit against Claro
Virgin Media O2 issues fraud warning over AI search results
New research from Virgin Media O2 shows that AI tools are directing to fake customer service phone lines, putting millions of Brits at risk of fraud. Despite the risks, around 1 in 10 Brits said they always trust a phone number generated by AI; with 15 percent never taking any action to verify the legitimacy of these numbers. Virgin Media O2 is investing heavily in anti-fraud technology to protect customers, and encouraging them to report suspicious numbers to 7726.
Virgin Media O2 issues fraud warning over AI search results
Netomnia reaches 50,000 serviceable premises in Brierley Hill
UK fibre altnet Netomnia has reached the milestone of more than 50,000 premises serviceable from the Brierley Hill Exchange in Dudley, in the West Midlands. The Brierley Hill roll-out is part of the group's wider national full-fibre network build, with over 3 million serviceable premises reached across the UK to date. The network build from the Brierley Hill Exchange is ongoing as Netomnia continues to expand across Dudley and the West Midlands, with more premises to be enabled in due course.
Netomnia reaches 50,000 serviceable premises in Brierley Hill
Telia Norway Q1 fixed service revenue improves after consumer ops overhaul takes effect
Telia Norway has reported a like-for-like fall in revenue of 1.6 percent in the first quarter compared with a year earlier as equipment sales fell. Fixed service revenue was up by 4.4 percent, largely after pricing adjustments for broadband and television services. Telia continues carrying out its Norwegian turnaround plan. The reorganisation in June 2025 supported higher fixed consumer business revenue in Q1 and it is on track to hit its 2026 fibre deployment targets.
