Telco Chatter: Jul 7: ORA note, X.Neil/TIGO, BR KPIs, Ookla on 5G/AI

Research evidence excerpt

Telco Chatter: Jul 7: ORA note, X.Neil/TIGO, BR KPIs, Ookla on 5G/AI

pressure. (3) For Q2, we forecast revenue of SEK

53.1bn, gross margin of 47.9%, and EBITA margin of 13.3%, with Networks modestly up,

Cloud Software Services seasonally strong, Enterprise down y/y due to the iconectiv

divestiture, and a small FX tailwind from a slightly stronger USD. Given investor

positioning on mobile networks business growth, we believe that if Ericsson achieves

consensus expectations, the stock could react positively to it.

Vodafone Spain – Signs 5Y deal with Dell

Dell signed a strategic agreement with Vodafone Spain’s business unit Vodafone Empresas

to expand Vodafone’s data centre capacity across Spain over the next five years. The

partnership will use a flexible, consumption-based approach to scale infrastructure in line

with demand and support growth in digital services. Vodafone said the agreement will use

Dell Apex to consume infrastructure capacity as needed, reduce upfront capex, align costs

with demand, improve financial efficiency and accelerate time to market while supporting

availability and operational continuity. (Source: Telecompaper)

Denmark – Consults on fibre leasing price caps

Denmark’s Competition and Consumer Authority has opened a consultation, running to 21

August, on proposed five-year requirements for 13 fibre network owners, including price

caps for leasing fibre intended to improve competitive conditions for ISPs. The authority

said the proposals reflect higher sector costs, including costs linked to protecting critical

infrastructure. TDC is the only fibre network owner that also sells retail broadband services

that would have obligations imposed on it under the proposal, because it has not offered

commitments the authority considers acceptable.