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Millicom(TIGO) - 2025 Q3 - Earnings Call Presentation
2025-11-06 13:00
Financial Performance - Adjusted EBITDA reached $695 million, demonstrating a year-over-year growth of 18.7%[68] - The Adjusted EBITDA margin hit a record 48.9%[18,68] - Equity Free Cash Flow (EFCF) for the first 9 months of 2025 was $638 million, an increase of $98 million compared to the same period in 2024[17,70,73] - Service revenue increased to $1344 million, a 0.5% increase compared to Q3 2024[68] Customer Growth - Postpaid net additions reached 293,000[17] - Home net additions totaled 60,000[18] - Mobile postpaid customers grew by 14% year-over-year[21] - Home HFC/FTTH customers increased by 5.4% year-over-year[25] Strategic Initiatives - Millicom incorporated Ecuador and Uruguay, diversifying its LATAM footprint[53] - Revenue from Ecuador is $489 million and Adjusted EBITDA is $161 million[54] - Revenue from Uruguay is $246 million and Adjusted EBITDA is $93 million[56] Financial Position - Net debt stood at $4627 million[90,115] - Leverage ratio decreased to 2.09x[18,90,115] Country-Specific Performance - Colombia's Adjusted EBITDA margin increased by 4.9 percentage points[35] - Guatemala's mobile service revenue grew by 20% in local currency[41] - Panama achieved a record Adjusted EBITDA margin of 52.2%[49,51]
*MEDIA ALERT* Verizon and David Beckham Launch First-Ever "Golden Ticket" Sweepstakes for FIFA World Cup 26™
Globenewswire· 2025-11-06 13:00
Core Points - Verizon has launched the first-ever "Golden Ticket" Sweepstakes in collaboration with David Beckham, offering customers a unique opportunity to win pitchside access to FIFA World Cup 26™ matches [1][4] - The sweepstakes is part of the Verizon Ultimate Access campaign, which aims to enhance customer engagement leading up to the World Cup [2][4] - Verizon plans to continue giving away thousands of tickets, including hundreds of "Golden Tickets," along with various customer surprises and special events throughout 2026 [3] Sweepstakes Details - The entry period for the sweepstakes runs from November 6 to November 20 [5] - Customers can enter exclusively through the My Verizon app, which provides access to exclusive events and experiences [6] - Non-Verizon customers are encouraged to switch to Verizon to participate in the sweepstakes [6]
BCE(BCE) - 2025 Q3 - Earnings Call Presentation
2025-11-06 13:00
Financial Performance - Revenue increased by 1.3% year-over-year to $6,049 million[12] - Adjusted EBITDA increased by 1.5% year-over-year to $2,762 million[12] - Adjusted EPS increased by 5.3% to $0.79[12] - Free cash flow increased by 20.6% to $1,003 million[14] - Capital expenditures decreased by 6.6% year-over-year to $891 million[12] Subscriber Metrics - Postpaid churn rate improved by 15 bps year-over-year[6] - Retail FTTH Internet net additions were 65,239[9] - Crave subscribers increased by 24% year-over-year to 4.3 million[9] Bell Media - Bell Media revenue decreased by 6.4% year-over-year to $732 million[23] - Bell Media adjusted EBITDA decreased by 6.7% year-over-year to $237 million[24] Bell CTS U.S.(Ziply Fiber) - Bell CTS U.S revenue was $160 million for the 2-month period from August 1, 2025 through September 30, 2025[18] - Bell CTS U.S adjusted EBITDA was $71 million for the 2-month period from August 1, 2025 through September 30, 2025[18]
Elon Musk's SpaceX To Buy More EchoStar Spectrum Licenses For $2.6 Billion - AT&T (NYSE:T), EchoStar (NASDAQ:SATS)
Benzinga· 2025-11-06 12:42
Telecommunications firm EchoStar Corp. (NASDAQ:SATS) said on Thursday, it will sell more wireless spectrum licenses to SpaceX for about $2.6 billion in exchange for stock in the Elon Musk-backed company that owns the Starlink satellite internet network. The announcement is an extension to the $17 billion deal the companies struck in September, which will close after receiving regulatory approval. The AWS-3 licenses cover airwaves across the U.S. that can be used to support mobile and satellite communication ...
Telecom Italia CEO says would welcome consolidation moves by rivals
Reuters· 2025-11-06 12:09
Group 1 - Telecom Italia (TIM) is open to any consolidation in the Italian telecoms market [1] - The head of Telecom Italia indicated that the company would welcome consolidation even if competitors initiate the process [1]
Millicom (Tigo) Q3 2025 Earnings Release
Globenewswire· 2025-11-06 11:00
Core Insights - Millicom reported strong operational and financial performance in Q3 2025, with significant growth in adjusted EBITDA and net profit [5][6] - The company achieved a record adjusted EBITDA of $695 million, reflecting a margin of 48.9%, and a notable increase in operating profit [4][6] - Millicom's revenue growth was driven by mobile subscriber additions and ARPU expansion, with a year-over-year increase of 3.5% in service revenue [6][8] Financial Highlights - Q3 2025 revenue was $1.42 billion, a slight decrease of 0.7% compared to Q3 2024, but organic growth was 3.0% [4] - Operating profit for Q3 2025 reached $390 million, up 30.1% from the previous year [4] - Net profit attributable to company owners was $195 million, a significant increase from $51 million in Q3 2024 [4] - Adjusted EBITDA for Q3 2025 was $695 million, an 18.7% increase year-over-year [4] - Equity free cash flow for the quarter was $243 million, reflecting a year-to-date increase of $98 million compared to the same period last year [4][6] Strategic Initiatives - The company is focused on executing its strategic plan, which includes advancing inorganic growth initiatives and improving operational efficiency [6] - Millicom aims to achieve an equity free cash flow target of around $750 million for 2025, with a year-end leverage below 2.5x [9] - The company declared an additional interim dividend of $2.5 per share in August, totaling approximately $420 million [8]
Supreme Court adjourns hearing in Aircel spectrum ownership case
MINT· 2025-11-06 10:33
New Delhi: The Supreme Court on Thursday adjourned the hearing on a batch of petitions filed by lenders of bankrupt telecom operator Aircel Ltd, challenging the National Company Law Appellate Tribunal’s order, which had held that spectrum can be transferred under an insolvency resolution plan only after all government dues are cleared.The case is now expected to be listed next week, though a specific date for the next hearing has not been notified by the court yet.The petition filed by the State Bank of Ind ...
CHT(CHT) - 2025 Q3 - Earnings Call Transcript
2025-11-06 08:02
Financial Data and Key Metrics Changes - The company reported third-quarter revenue of NT 57.92 billion, marking a 4.2% increase year-over-year and the highest third-quarter revenue in nine years [17] - Operating income rose by 6.4%, while net income increased by 4.8% year-over-year, reflecting strong performance across mobile and fixed broadband services [17][18] - Earnings per share (EPS) increased from NT 1.16 to NT 1.22, the highest third-quarter EPS in eight years [18] - EBITDA recorded a 4% gain, reaching NT 22.11 billion, with an EBITDA margin of 38.17%, consistent with the previous year [18][19] Business Line Data and Key Metrics Changes - Mobile revenue market share climbed to 40.8%, with a subscriber share of 39.4%, a 1.6 percentage point year-over-year increase [7] - Fixed broadband revenue grew by 3.2% year-over-year, driven by high-speed migration and promotional efforts [8] - Consumer application services saw a 22% year-over-year growth in multi-play packages, while video services fluctuated due to the previous year's Olympic broadcasts [9] - The enterprise ICT business reported a 14% year-over-year increase in revenue, with significant growth in recurring ICT revenue [10] Market Data and Key Metrics Changes - The 5G subscriber market share rose to 38.8%, with a penetration rate of 44.7% among smartphone users [7] - The US subsidiary achieved 70% year-over-year revenue growth, driven by a construction project for a Taiwan-based high-tech company [12] - Southeast Asia markets are thriving, with successful introductions of proprietary solutions in Thailand and other regions [13] Company Strategy and Development Direction - The company emphasizes group expansion and AI-related initiatives as critical for mid-term to long-term development [3] - Recent achievements include the successful public listing of Chunghwa Telecom Security and the launch of Event AI, focusing on monetizing AI innovation [4] - The company is committed to ESG practices, having issued a TWD 3.5 billion sustainability bond to promote environmental projects [5] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year financial results, supported by leadership across all business segments [3] - The company highlighted its commitment to social responsibility, particularly in restoring communication during natural disasters [5] - Management noted the positive trajectory in mobile and fixed broadband services, expecting continued growth in Taiwan's favorable market landscape [8] Other Important Information - The company holds the largest portfolio of AI-related patents in the industry, providing a solid base for future development [4] - The successful introduction of smart city solutions and cybersecurity services to international markets demonstrates the company's global expansion efforts [13] Q&A Session Summary Question: What is the driver of the international project business? - The international business is driven by opportunities in the US and Japan, particularly in the AI supply chain and high-tech company projects [27][28] - The introduction of smart city-related projects and proprietary solutions in Southeast Asia is also a significant growth driver [30]
CHT(CHT) - 2025 Q3 - Earnings Call Transcript
2025-11-06 08:02
Financial Data and Key Metrics Changes - The company reported third-quarter revenue of NTD 57.92 billion, marking a 4.2% year-over-year increase and the highest third-quarter revenue in nine years [17] - Operating income rose by 6.4%, while net income increased by 4.8% year-over-year, reflecting strong performance across mobile and fixed broadband services [17][18] - Earnings per share (EPS) increased from NTD 1.16 to NTD 1.22, the highest third-quarter EPS in eight years [18] Business Line Data and Key Metrics Changes - Mobile revenue market share reached 40.8%, with a subscriber share of 39.4%, a 1.6 percentage point year-over-year increase [7] - Fixed broadband revenue grew by 3.2% year-over-year, driven by high-speed migration and promotional success [8] - Consumer application services saw a 22% year-over-year growth in multi-play packages, while cybersecurity services recorded a 17% year-over-year growth [9][10] Market Data and Key Metrics Changes - The 5G subscriber market share rose to 38.8%, with a penetration rate of 44.7% among smartphone users [7] - The U.S. subsidiary achieved 70% year-over-year revenue growth, primarily from a construction project in Texas [12] - Southeast Asia markets are thriving, with successful introductions of proprietary solutions in Thailand and other regions [14] Company Strategy and Development Direction - The company emphasizes group expansion and AI-related initiatives as critical for mid-term to long-term development [3] - A new subsidiary, Event AI, was launched to monetize AI innovations, and the company holds the largest portfolio of AI-related patents in the industry [4] - The company is committed to ESG practices, having issued a TWD 3.5 billion sustainability bond to promote environmental projects [5] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year financial results, supported by leadership across all business segments [3] - The company highlighted its commitment to social responsibility, demonstrated during a catastrophic typhoon in Taiwan [5] - The favorable mobile market landscape in Taiwan is expected to support continued positive growth [8] Other Important Information - The company completed the public listing of its cybersecurity subsidiary in September and plans for an upcoming IPO of International Integrated Systems [4] - The company secured significant projects, including a large-scale network infrastructure project from a leading life insurance company in Taiwan [11] Q&A Session Summary Question: What is the driver of the international project business? - The international business is driven by opportunities in the U.S. and Japan, particularly in the AI supply chain, with successful introductions of cybersecurity services in Southeast Asia [27][28]
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Third Quarter of 2025
Prnewswire· 2025-11-06 07:37
Core Viewpoint - Chunghwa Telecom reported strong financial results for the third quarter of 2025, with total revenue reaching NT$ 57.92 billion, marking a 4.2% increase year-over-year, driven by growth in its core telecom and ICT services [2][4]. Financial Highlights - Total revenue increased by 4.2% to NT$ 57.92 billion [2][6]. - Consumer Business Group revenue rose by 2.2% to NT$ 35.18 billion [2][7]. - Enterprise Business Group revenue grew by 7.4% to NT$ 18.91 billion [2][8]. - International Business Group revenue decreased by 1.9% to NT$ 2.33 billion [2][9]. - Total operating costs and expenses increased by 3.6% to NT$ 45.82 billion [2][10]. - Operating income increased by 6.4% to NT$ 12.10 billion, with an operating margin of 20.9% [3][11]. - EBITDA rose by 4.0% to NT$ 22.11 billion, with an EBITDA margin of 38.17% [3][12]. - Net income attributable to stockholders increased by 4.8% to NT$ 9.44 billion, with basic earnings per share (EPS) at NT$ 1.22 [3][11]. Business Performance - The core telecom business showed strong performance, with a 5G subscriber share of 38.8% and 5G penetration among smartphone users at 44.7% [4]. - The Consumer Business Group experienced a 2.2% increase in revenue and an 11.4% rise in income before tax [4][7]. - The Enterprise Business Group achieved a 14.5% growth in ICT revenue, driven by IDC, cloud, and cybersecurity services [4][8]. - The US subsidiary reported a remarkable 70% revenue growth, attributed to AI supply chain projects [4]. Strategic Initiatives - Chunghwa Telecom holds Taiwan's largest portfolio of AI-related patents and recently established the InventAI subsidiary to monetize AI innovations [5]. - The cybersecurity subsidiary, CHT Security, completed its public listing, with plans for an upcoming IPO for International Integrated Systems [5]. - The company issued NT$ 3.5 billion in sustainability bonds to support biodiversity and electric vehicle initiatives, reflecting its commitment to ESG goals [5].