Gilat Satellite Networks revenue grows 20% in Q1
GLOBAL 14:02

Gilat Satellite Networks revenue grows 20% in Q1

Gilat Satellite Networks said its revenue increased 20 percent to USD 110.5 million in the first quarter compared with USD 92 million in the same period in 2025. Adjusted EBITDA doubled to USD 15.1 million compared with USD 7.6 million, and the net income amounted to USD 5.2 million compared with a net loss of USD 6 million a year ago. 

WindTre revenues down 3% in Q1, clients stable at just under 18 mln
ITALY 13:45

WindTre revenues down 3% in Q1, clients stable at just under 18 mln

Italian operator WindTre, the country's second largest mobile provider in terms of customers, reported first quarter revenues of EUR 902 million, down 3 percent on the year-earlier result of EUR 928 million and 6 percent on the Q4 figure of EUR 964 million. Owner CK Hutchison attributed the revenue decline to seasonality and the migration to being a fully integrated energy provider since February via its wholly-owned subsidiary WindTre Luce e Gas Srl.

Kyivstar grows revenues 31% in Q1
UKRAINE 13:39

Kyivstar grows revenues 31% in Q1

Revenues of Ukrainian operator Kyivstar, a subsidiary of the Veon Group, totaled USD 323 million in the first quarter of this year, up by 26.6 percent year-on-year. The tunrover amounted to UAH 13.9 billion in the local currency, up by 31.3 percent, while EBITDA rose 28.5 percent to UAH 7.5 billion. The net profit was USD 85 million.

Tencent Q1 revenue rises 9%
GLOBAL 13:35

Tencent Q1 revenue rises 9%

Tencent first quarter total revenue rose by 9 percent year on year to CNY 196.5 billion. Operating profit was likewise up 9 percent at CNY 75.6 billion and the operating margin was largely stable at 38.5 percent and the operating profit excluding new AI products was CNY 84.4 billion, up 17 percent. Tencent's core businesses continued to grow their engagement, revenue and profit in Q1, providing the cash flow to fund its AI investments.

Canadian govt selects 44 projects for AI Compute Access Fund support
CANADA 13:28

Canadian govt selects 44 projects for AI Compute Access Fund support

The federal Canadian government has announced CAD 66 million of support for 44 projects through the CAD 300 million AI Compute Access Fund. This will help the SMEs access the compute power needed to build and scale AI products. The selected companies are working across key areas of the economy, including energy, healthcare, life sciences, agriculture, finance, advanced manufacturing, transportation and natural resources.

T-Mobile Poland's revenues grow 3% in Q1
POLAND 13:05

T-Mobile Poland's revenues grow 3% in Q1

Revenues of T-Mobile Poland totaled PLN 1.855 billion in the first quarter of this year, up by 2.9 percent year-on-year fostered by higher income from both mobile and fixed services. EBITDA AL amounted to PLN 519 million, up by 9.2 percent.

CK Hutchison telecom holdings revenue rises 15% in Q1, customers up 37%
GLOBAL 12:58

CK Hutchison telecom holdings revenue rises 15% in Q1, customers up 37%

CK Hutchison Group has reported a 15 percent year-on-year rise in revenue for its telecom holdings in the first quarter of 2026 to EUR 2.90 billion from EUR 2.51 billion year earlier. The total margin expanded by 11 percent to EUR 2.06 billion from EUR 1.86 billion. The number of active telecom customers climbed by 37 percent to 60.1 million by 31 March from 44.0 million in Q1 2025 and contract churn narrowed to 1.0 percent from 1.2 percent.

GCT Semi ships 3,000 5G RF units in Q1
GLOBAL 12:58

GCT Semi ships 3,000 5G RF units in Q1

GCT Semiconductor grew shipments of its 5G-capable RF chipsets by 58 percent quarter-on-quarter in the three months to 31 March. Q1 shipments reached 3,000 units as GCT progressed its commercial trajectory for 5G RF applications including satellite and air-to-ground platforms. The firm anticipates a further acceleration in the coming months due to additional orders from its lead customers, and is projecting sequential growth in 5G shipments through the remainder of 2026.

T-Mobile Czechia's revenues up nearly 4% in Q1
CZECH REPUBLIC 12:28

T-Mobile Czechia's revenues up nearly 4% in Q1

Revenues of T-Mobile Czech Republic totaled CZK 8 billion in the first quarter of this year, up by 3.8 percent year-on-year. EBITDA AL amounted to CZK 3.6 billion, up by 5.8 percent. The subscriber base grew by 1.7 percent to 6.63 million at the end of March.

Swedish annual broadband subsidy round opens with SEK 820 mln available
SWEDEN 12:00

Swedish annual broadband subsidy round opens with SEK 820 mln available

Swedish telecoms regulator PTS said applications for this year's broadband subsidy round are open until 26 August, with SEK 820 million available in 2026. There are 192,548 eligible buildings this year. The minimum project size is five buildings and applications can be made for up to SEK 15 million per project.

Viaplay shareholders approve up to SEK 25 mln share buyback
EUROPE 11:37

Viaplay shareholders approve up to SEK 25 mln share buyback

Viaplay said that shareholders at its 12 May AGM have granted approval for the company to buy back up to SEK 25 million of its own class B shares before the 2027 AGM. Repurchases must not be made below the lowest price at which an independent purchase is possible. Buybacks must not bring Viaplay's holding of its own shares beyond 10 percent. Currently, the total number of shares in the company is 4.58 billion, and Viaplay holds 31.34 million B shares and 889,500 class C shares in treasury. This means a maxi

Nkom gets NOK 130 mln in revised 2026 budget with bulk intended for new emergency network
NORWAY 11:30

Nkom gets NOK 130 mln in revised 2026 budget with bulk intended for new emergency network

Norwegian telecoms regulator Nkom said the government's revised 2026 budget proposes to provide it with NOK 130 million, of which NOK 100 million is intended to fund the testing and development of Norway's new emergency network, which should be up and running by the end of 2031. The watchdog will receive NOK 2.6 million to fund four new employees to work on its security plan, and NOK 1.95 million for three new staff members to develop the Cybersecurity Act (CRA). Funding for communication between Svalbard a

MALAYSIA 11:26

CelcomDigi's Q1 profit jumps nearly 9%, tops 20 million subscribers in March

Malaysian operator CelcomDigi posted stable revenue of MYR 3.2 billion for the first quarter of 2026. Service revenue grew 1.6 percent year-on-year at nearly MYR 2.7 billion, supported by continued growth momentum in Postpaid, Home & Fibre, and Enterprise business segments, the company said. EBIT rose 4.7 percent year-on-year to MYR 729 million, while profit after tax (PAT) jumped 8.8 percent to MYR 422 million.

POLAND 11:09

Poland allocates PLN 1.5 bln in IT subsidies in 2025

The Polish Ministry of Digitisation announced that almost PLN 1.5 billion has been allocated in subsidies for digitisation from the national budget in 2025. That includes PLN 597 million allocated to the Project Centre Digital Poland (CPPC) for the Cyber-secure Municipality project and PLN 392.5 million in subsidies to the national telecommunications R&D institute NASK-PIB, including PLN 164 million for the maintenance of the educational network OSE. 

BRAZIL 10:43

Alloha Fibra returns to profitability in Q1

Alloha Fibra, the Brazilian internet provider behind the Giga+ brand, has reversed its previous losses, achieving a net profit of BRL 3.6 million in the first quarter of 2026.EBITDA reached BRL 220.6 million, an annual increase of 9.7 percent, while the EBITDA margin expanded to 52.6 percent, up from the 46 percent recorded in Q1 2025. Net revenue of BRL 420 million showed a slight year-on-year dip of 3.3 percent. The net debt-to-EBITDA ratio fell to 3.2x, while capex was reduced by 51.9 percent to BRL 83 m

SWEDEN 10:33

EcoDataCenter Q1 revenue rises 31%, plans new facility in Smedjebacken

Swedish company EcoDataCenter has announced a rise in revenue in the first quarter of 2026 to SEK 183 million from SEK 140 million, up 31 percent. The increase was driven by new sales after the commissioning of one new data centre during Q2 2025, and by more upselling after completed customer adaptations than in Q1 last year. ​The company is also planning a new facility in Smedjebacken in Dalarna county.

GLOBAL 09:41

Cyan reports FY EBITDA within forecast range

Cybersecurity provider Cyan's annual report for 2025 shows that EBITDA reached EUR 780,000, which was within its forecast range of EUR 750,000 to EUR 850,000. It confirmed the revenue figure of EUR 9.2 million stated in its preliminary results at the end of March, which was a rise of approximately 30 percent and at the top of its projected range. Recurring revenue from subscriptions and service and maintenance contracts accounted for 95 percent of total revenue. The end-customer base expanded by 47 percent

NORTH MACEDONIA 09:28

Makedonski Telekom sees customer growth across all segments in Q1

Makedonski Telekom saw its mobile customer base grow 1.9 percent in the first quarter of 2026 to 1.28 million, with postpaid contracts accounting for 48.7 percent of the total. Fixed voice accesses were 2.3 percent higher at 238,959, while fixed retail broadband customers rose 3.5 percent to 226,454. Additionally, the TV customer base increased by 6.1 percent to 171,428, according to the report from parent company Magyar Telekom.

CANADA 09:24

Terago revenue falls 3.8 percent in Q1 to CAD 6.17 million

Canadian wireless broadband provider Terago has reported revenue of CAD 6.17 million for Q1 2026, down 3.8 percent from CAD 6.41 million in the year-earlier quarter. This decrease was due to lower bookings during 2025 and delays to large, multi-site installations; offset partially by revenue from new customers during Q1. Adjusted EBITDA was down 9.8 percent year-on-year to CAD 931,000, from CAD 1.03 million in Q1 2025, on lower revenues.

BRAZIL 09:10

Brisanet sees 16% net revenue growth in Q1

Brisanet, a telecom provider covering Brazil's Northeast, reported 15.9 percent annual growth in net revenue to BRL 453.9 million for the first quarter of 2026, driven by fixed broadband growth and the surging mobile division. EBITDA reached BRL 191.8 million (+10.7%), and the EBITDA margin tightened from 47 percent to 42 percent. Net profit fell 6.5 percent year-on-year to BRL 19.1 million, impacted by higher operational costs, investment charges and expenses for the launch of mobile services in Midwest Br

HUNGARY 09:05

Magyar Telekom lifts outlook on better profitability in Q1

Hungary's Magyar Telekom reported adjusted net profit growth of 7.5 percent for the first quarter of 2026 to HUF 58.7 billion. EBITDA AL increased 4.0 percent to HUF 101.4 billion, with the margin reaching 42.6 percent. Total revenues decreased by 1.5 percent to HUF 238.1 billion, of which mobile revenues accounted for HUF 140.5 billion and fixed line revenues for HUF 78.3 billion in the first quarter of 2026.

BRAZIL 09:03

Desktop's Q1 net profit drops 51%

Brazilian regional telecom operator Desktop reported that its net profit for the first quarter of 2026 fell to BRL 9.6 million, a 50.9 percent year-on-year decrease. When adjusted, net profit stood at BRL 29.1 million, still reflecting a 29 percent decline from the previous year. This downturn was primarily attributed to a growth in service costs, net financial expenses and income tax and social contributions. Conversely, net revenue grew by 9 percent to BRL 321.7 million, bolstered by corporate services (B

GLOBAL 08:57

Eutelsat posts 1% organic increase in underlying revenues for March quarter

The Eutelsat group, which combines Eutelsat and OneWeb, said that its operating verticals generated EUR 284 million in revenues in the three months to March (fiscal Q3), representing a year‑on‑year increase of 0.9 percent organically (-0.1% in fiscal Q2). As in the previous three‑month period, growth was entirely driven by the Connectivity arm, while the Video business continued to post lower sales, down 13.3 percent to EUR 128 million. This contraction was partly attributed to the termination of capacity c

GLOBAL 08:56

Veon lifts FY turnover guidance after 'strong momentum' lifts Q1 revenue and EBITDA

Veon is revising its revenue outlook for the 2026 financial year after double-digit increases in turnover and EBITDA in the first quarter. CEO Kaan Terzioglu said the company has begun the year with "strong momentum" as core telecom business remained resilient, with solid ARPU growth and multi-play expansion. Digital revenues now account for over a quarter of group revenue, he pointed out.

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Background

11 MEI 00:53

The week in telecom: Lumen, NTT turn to data centre market to revive growth, Hutchison exits UK

3 MEI 23:05

The week in telecoms: big tech faces costs of AI boom and Wi-Fi market consolidates

27 APR 14:33

Virgin Media O2: from coax to fibre and 80% coverage in 2028

26 APR 23:04

The week in telecoms: sovereign hopes take hold in Europe and Apple confirms new CEO