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09.11.26 - 05:54
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China Mobile′s US$75 billion 2027 procurement plan signals a seismic shift towards AI computing (Digitimes)
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China Mobile plans procurement exceeding CNY500 billion (≈ US$75.1 billion) in 2027, including more than CNY100 billion for AI computing infrastructure, signaling a shift from conventional telecom services towards large-scale AI infrastructure. Chairman Zhongyue Chen expects intelligent computing capacity to double in each of the next two years, supported by an expanding network of gigawatt-scale data centers....
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07.11.26 - 12:18
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Job cuts, lost customers and a £22bn debt pile: what has gone wrong at Virgin Media O2? (The Guardian)
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The company has lost 182,000 broadband and 644,000 mobile customers in two years and is operating in an increasingly competitive market competitionMike Fries may be totting up swingeing job cuts, a £22bn debt pile and the loss of hundreds of thousands of customers, but he appears to be putting a brave face on the situation. “In our minds, anyway, this is not a crisis,” the boss of the co-owner of Virgin Media O2 said this week.The UK telecoms company, which offers broadband, TV, landline and mobile services, had just announced £800m in cost savings, including potentially cutting up to a quarter of staff. Fries, the chief executive of Liberty Global, faced searching questions on its future and a potential refinancing of its huge debt pile next year. “We made it clear, we have nothing to add to where we sit today,” he said. Continue reading......
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04.11.26 - 22:36
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Liberty Latin America Reports Q3 2026 Results (Business Wire)
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56,000 postpaid and broadband net adds in Q3
Operating Income of $181 million; 3% Adjusted OIBDA rebased YoY growth
Improving financial momentum anticipated in Q4
Over $150 million of share repurchases to date in 2026DENVER, Colorado--(BUSINESS WIRE)--Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced its financial and operating results for the three months (“Q3”) and nine months (“YTD”) ended September 30, 2026.
President and CEO Balan Nair commented, “In the third quarter, we delivered a strong operating performance, adding 56,000 postpaid mobile and broadband subscribers, representing a clear step-up from both Q1 and Q2. C&W Panama led the way with the largest contribution, while Liberty Costa Rica returned to a healthier cadence of postpaid additions.”
“Commercially, we continue to be opportunistic on targeting price increases across the group, notably in Panama through Q3 and, more recently, in Jamaica. We also...
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03.11.26 - 09:36
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Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings (The Guardian)
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Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer serviceBusiness live – latest updatesVirgin Media O2 is to cut thousands of jobs in an £800m cost-cutting drive as the telecommunications company aims to tackle its £22bn debt pile.VMO2, which is jointly owned by Liberty Global and Telefónica, said £300m of the savings target will come from job cuts that will reduce the company's employee wage bill by 30% over the next two years. Continue reading......
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02.11.26 - 10:00
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Research: UBS: CHINA UNICOM 3Q Operating Expenses Remain Elevated (AAStocks)
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UBS published a research report stating that CHINA UNICOM (00762.HK) announced its 3Q results, with service revenue of RMB82.9 billion, down 0.4% YoY; EBITDA of RMB22.8 billion, down 10.2% YoY; and net profit of RMB3.8 billion, down 30.9% YoY. Service revenue and EBITDA were broadly in line with market expectations of RMB83.1 bi......
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