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BofA sees headwinds for European telecoms in Q3, but better Q4

BUZZ-BofA sees headwinds for European telecoms in Q3, but better Q4 ** Bank of America expects headwinds to persist for European telecoms in the next three months, while it signals a better end to the year ** "Capex trends net positive but pricing becoming less stable, watch closely," BofA says ** Says domestic service revenue trends across Europea
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Muhammad Yunus may bring reforms to Bangladesh telecoms, mobile operator says

Muhammad Yunus may bring reforms to Bangladesh telecoms, mobile operator says By Gianluca Lo Nostro and Olivier Sorgho Aug 13 (Reuters) - With Muhammad Yunus in charge, Bangladesh may see much-needed reforms and investment in its telecoms sector given the caretaker government leader's knowledge of the industry, according to one of the country's leading mobile operators.
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Grameenphone's 3G, 4G networks reinstated in Bangladesh

UPDATE 1-Grameenphone's 3G, 4G networks reinstated in Bangladesh Updates from 2nd paragraph COPENHAGEN, Aug 5 (Reuters) - Bangladesh telecoms operator Grameenphone GRAE.DH has reinstated 3G and 4G networks, allowing people to access mobile internet services across the country, Norway's Telenor TEL.OL told Reuters on Monday. Grameenphone had appealed to the government for the immediate and full restoration of mobile internet services, Telenor said in an emailed statement.
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Grameenphone reinstates 3G, 4G networks in Bangladesh, Telenor says

Grameenphone reinstates 3G, 4G networks in Bangladesh, Telenor says COPENHAGEN, Aug 5 (Reuters) - Bangladesh telecoms operator Grameenphone GRAE.DH has reinstated 3G and 4G networks, allowing people to access mobile internet services across the country, Norway's Telenor TEL.OL told Reuters on Monday. Telenor is Grameenphone's largest shareholder. R
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Deutsche Bahn and Infineon Aug 5 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Anglo American, Rio Tinto, Unilever

EUROPE RESEARCH ROUNDUP-Anglo American, Rio Tinto, Unilever July 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Rio Tinto and Unilever, on Tuesday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2,300p from 2,450p * Antofagasta Plc ANTO.L : HSBC raises target price to 1,400p from 1,100p * Belimo Holding AG BEAN.S : Jefferies raises target price to CHF 598 from CHF 498 * Rio Tinto RIO.L : HSBC
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Telenor lifts 2024 sales forecast on easing Nordic inflation, price hikes

UPDATE 3-Telenor lifts 2024 sales forecast on easing Nordic inflation, price hikes Adds CEO comments in paragraphs 5-6, 9, analyst comment in paragraph 11, shares in paragraph 12 By Jesus Calero July 18 (Reuters) - Norwegian telecom operator Telenor TEL.OL raised its 2024 revenue forecast on Thursday, citing strong first-half performance and favourable inflation trends in the Nordics, and said it would keep hiking prices to boost its sales.
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Telenor Q2 Service Revenues At NOK 16.3 Bln

BRIEF-Telenor Q2 Service Revenues At NOK 16.3 Bln July 18 (Reuters) - Telenor ASA TEL.OL : SERVICE REVENUES IN Q2 ENDED AT NOK 16.3 BILLION Q2 SERVICE REVENUE NOK 16.3 BILLION VERSUS COMPANY-COMPILED CONSENSUS NOK 16,229 MILLION SEES LOW-TO-MID SINGLE-DIGIT ORGANIC GROWTH IN NORDIC SERVICE REVENUES IN 2024 VERSUS LOW-SINGLE DIGIT EARLIER SAYS Q2 EB
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Telenor meets Q2 core profit expectations

Telenor meets Q2 core profit expectations July 18 (Reuters) - Norwegian telecom operator Telenor TEL.OL reported second-quarter earnings in line with expectations on Thursday and said it had benefited from growth in the Nordic and Asian markets, backed by strategic investments in technology and cybersecurity. Reporting by Jesus Calero in Gdansk; ed
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Telenor's Grameenphone Q2 Revenues Nok 3,998 Million Versus Nok 4,006 Million

BRIEF-Telenor's Grameenphone Q2 Revenues Nok 3,998 Million Versus Nok 4,006 Million July 16 (Reuters) - Telenor ASA TEL.OL : TELENOR'S GRAMEENPHONE Q2 REVENUES NOK 3,998 MILLION VERSUS NOK 4,006 MILLION TELENOR'S GRAMEENPHONE Q2 EBITDA BEFORE OTHER INCOME AND EXPENSES 2,414 MILLION NOK Source text for Eikon: ID:nObiJW47qa Further company coverage:
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Unilever July 15 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead July 12 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 15-Jul-2024 NTS ORK.OL Orkla ASA Q2 2024 Orkla ASA Earnings Release 17-Jul-2024 05:00 NEL.OL Nel ASA Q2 2024 Nel ASA Earnings Release 18-Jul-2024 NTS TEL.OL Telenor ASA Q2 2024 Telenor ASA Earnings Release 18-Jul-2024 NTS PGS.OL^G24 5088687729 PGS ASA Tgs Newco AS Q2 2024
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European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds details on fresh job cuts July 9 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO
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Combitech Becomes Part Of Telenor Cyberdefence

BRIEF-Combitech Becomes Part Of Telenor Cyberdefence July 5 (Reuters) - Telenor ASA TEL.OL : COMBITECH AS BECOMES PART OF TELENOR CYBERDEFENCE Source text for Eikon: ID:nGNE6QQlCV Further company coverage: TEL.OL (Gdansk Newsroom)
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Expect more telco M&A ahead in Europe, MS says

BUZZ-Expect more telco M&A ahead in Europe, MS says ** After an action packed year so far in European telcos M&A space, Morgan Stanley says there's likely still more to come ** "Whilst our upbeat view on the sector is based on fundamentals, we continue to think M&A could skew the sector's risk reward upward," MS says in a July 3 note ** The broker
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Hochtief, Telenor, Zalando SE

EUROPE RESEARCH ROUNDUP-Hochtief, Telenor, Zalando SE June 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Hochtief AG, Telenor and Zalando SE, on Monday. HIGHLIGHTS * Associated British Foods ABF.L : HSBC raises target price to 3,075p from 3,010p * Berkeley Group Holdings Plc BKGH.L : Morgan Stanley cuts PT to 4,369p from 4,516p * Hochtief AG HOTG.DE : Jefferies raises target price to EUR 124 from EUR 109 * Telenor TEL.OL : HSB
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Telenor Group Expands Strategic Collaboration With AWS

BRIEF-Telenor Group Expands Strategic Collaboration With AWS June 18 (Reuters) - Telenor ASA TEL.OL : TELENOR GROUP STRENGTHENS AND EXPANDS ITS STRATEGIC COLLABORATION WITH AWS TO SUPPORT ITS SOVEREIGN CLOUD POSTURE IN FIRST YEAR OF EXTENDED COLLABORATION, TELENOR WILL INVEST APPROX. 100M NOK IN ITS SOVEREIGN CLOUD POSTURE Source text for Eikon: ID
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Telenor's new CEO sees banking industry parallel

UPDATE 2-Telenor's new CEO sees banking industry parallel Updates throughout with incoming CEO, adds analyst, share price, changes dateline to OSLO OSLO, May 23 (Reuters) - Norway's Telenor TEL.OL picked the head of a regional bank as its new CEO on Thursday and said the telecom group's strategy and its goal of growing profitably would be unaffected by the management transition.
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Telenor Appoints Benedicte Schilbred Fasmer As New President & CEO

BRIEF-Telenor Appoints Benedicte Schilbred Fasmer As New President & CEO May 23 (Reuters) - Telenor ASA TEL.OL : BENEDICTE SCHILBRED FASMER IS APPOINTED NEW PRESIDENT & CEO IN TELENOR GROUP SIGVE BREKKE IS STEPPING DOWN DECEMBER 1ST AFTER MORE THAN 9 YEARS AS PRESIDENT & CEO OF TELENOR Source text for Eikon: ID:nObiGgzxPa Further company coverage:
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Norway's Telenor appoints new CEO

Norway's Telenor appoints new CEO COPENHAGEN, May 23 (Reuters) - Norwegian telecoms company Telenor TEL.OL on Thursday said it had appointed Benedicte Schilbred Fasmer as its new chief executive, starting Dec. 1 when its current CEO, Sigve Brekke retires. Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik
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