finances Archives - Total Telecom

Ericsson to axe 1,600 Swedish jobs

by Harry Baldock | Jan 15, 2026

News The cuts follow lay offs in other markets, including France, Canada, and Spain This week,...

Hyperoptic secures £150m to boost fibre deployment

by Harry Baldock | Jul 9, 2024

Today, altnet Hyperoptic has announced a new £150 million investment from the UKIB to continue rolling out fibre-to-the-home across the country.

Ericsson’s Vonage woes continue as company writes down further $1.1bn

by Harry Baldock | Jul 4, 2024

Today, the company’s fortunes continue to slide, with Ericsson writing off a further $1.1 billion for Q2 this year. In total, this leaves Vonage worth only around a third of what Ericsson paid for it just two short years ago.

VMO2 records £3.3bn loss as interest rates begin to bite

by Harry Baldock | Feb 16, 2024

This week, VMO2 has announced a £3.3 billion loss in 2023, having incurred a goodwill impairment of £3.1 billion related to the increased cost of capital.

Telefónica issues a €1.75bn green bond

by Harry Baldock | Jan 18, 2024

Telefónica has successfully placed today a green bond for an amount of €1,750 million, very well received by the market and with a combined oversubscription that tripled the offer. The operation was structured in two tranches.

KPN outlines new €4.5bn network investment plan

by Harry Baldock | Nov 7, 2023

At its Capital Markets day, Dutch telecom giant KPN has unveiled a new strategic direction dubbed “Connect, Activate & Grow”, which will see the company invest almost €5 billion over the next three years.