Monday, 21 June 2021

What’s the score? Total Telecom’s quarterly financial Score Board

by Harry Baldock, Total Telecom
Thursday 03 June 21

With so many companies releasing their financial results at the same time, it can be difficult to keep track... Introducing the Total Telecom Score Board

It's that time of year again, when companies financial results arrive in a flurry from across the telecoms sector. With so much data arriving so fast it can be all too easy to get lost. Now, we are pulling all of the key players' financial reports into one location. Your company’s earnings data not on the list? Contact us here with the subject line 'Score Board' June 3rd • Ciena Q2 2021 “We delivered strong fiscal second quarter results as we continued to see encouraging signs in the market environment, including improvements in customer spending,” said Gary Smith, president and CEO of Ciena. “These dynamics, combined with our business and financial performance in the first half of the year, give us strong visibility and confidence in our ability to achieve our financial targets as we move through the year.” June 1st • Zoom Q1 2022 “We kicked off the fiscal year with a very strong first quarter, posting 191% total year-over-year revenue growth combined with strong profitability and cash flow. Our steadfast commitment to empowering customers to work and learn from anywhere with our expansive, innovative, and frictionless video communications platform continued to drive our results. With this solid start, we are pleased to raise our total guidance range to $3.975 billion to $3.990 billion for the full fiscal year,” said Zoom founder and CEO, Eric S. Yuan.   May 27th  • Optus FY 2021 “This has been a challenging year with COVID-19 and structural NBN impacts affecting the whole industry. However, Optus continued to prioritise keeping Australians connected, ensuring our teams were safe and employed, and investing in our network, customer service and digital experiences. During the second half of the year we’ve seen improvements across the board as a result of disciplined execution of those priorities,” said Kelly Bayer Rosmarin, Optus CEO. • Singtel FY 2021 “This year’s results are disappointing given unprecedented headwinds from COVID…

It's that time of year again, when companies financial results arrive in a flurry from across the telecoms sector. With so much data arriving so fast it can be all too easy to get lost. Now, we are pulling all of the key players' financial reports into one location.

Your company’s earnings data not on the list? Contact us here with the subject line 'Score Board'

June 3rd

• Ciena Q2 2021

“We delivered strong fiscal second quarter results as we continued to see encouraging signs in the market environment, including improvements in customer spending,” said Gary Smith, president and CEO of Ciena. “These dynamics, combined with our business and financial performance in the first half of the year, give us strong visibility and confidence in our ability to achieve our financial targets as we move through the year.”

June 1st

• Zoom Q1 2022

“We kicked off the fiscal year with a very strong first quarter, posting 191% total year-over-year revenue growth combined with strong profitability and cash flow. Our steadfast commitment to empowering customers to work and learn from anywhere with our expansive, innovative, and frictionless video communications platform continued to drive our results. With this solid start, we are pleased to raise our total guidance range to $3.975 billion to $3.990 billion for the full fiscal year,” said Zoom founder and CEO, Eric S. Yuan.

 

May 27th 

• Optus FY 2021

“This has been a challenging year with COVID-19 and structural NBN impacts affecting the whole industry. However, Optus continued to prioritise keeping Australians connected, ensuring our teams were safe and employed, and investing in our network, customer service and digital experiences. During the second half of the year we’ve seen improvements across the board as a result of disciplined execution of those priorities,” said Kelly Bayer Rosmarin, Optus CEO.

• Singtel FY 2021

“This year’s results are disappointing given unprecedented headwinds from COVID-19 and ongoing structural challenges. The one-time exceptional charge also weighed on our bottom-line number. That said, NCS and our data centre services proved to be bright spots, showing strong growth as enterprises rushed to digitalise and transform their businesses. We will be capitalising on this mass digitalisation with plans for a strategic reset to drive recovery and growth,” said Yuen Kuan Moon, Singtel Group CEO.

 

May 25th 

• Axiata Q1 2021

 

May 20th 

•  Bouygues Telecom Q1 2021

 

May 19th

• Cisco Q3 2021

• TIM Group Q1 2021

 

May 18th

• Iliad Group Q1 2021

• Vodafone Group FY 2021

"We have delivered on the first phase of ourstrategy to reshape Vodafone as a stronger connectivity provider – including the simplification of the group to Europe and Africa, the successful IPO of Vantage Towers (€13.2 billion market capitalisation),the fast roll out of our next generationmobile and fixed networks,share gain in broadband subscriptions and continued reduction in customer churn.Our digitaltransformation initiatives have generated savings of €0.5 billion over the year and the integration of the assets acquired from Liberty Global is well ahead of plan," said Nick Read, Vodafone Group CEO.

 

May 17th

• Bharti Airtel Q4 2021

 

May 13th

• BT Q4 2020/2021

"A number of uncertainties have now been removed. The Wholesale Fixed Telecoms Market Review, 5G spectrum auction and the Government's tax super-deduction give us the green light to build the UK’s next generation digital infrastructure even faster; today we are increasing and accelerating our FTTP target from 20m to 25m homes and businesses by December 2026 to deliver further value to our shareholders and support the Government’s full fibre ambitions. The conclusion of our triennial pension valuation today provides further clarity for shareholders," said Philip Jansen, CEO of BT.

• Rakuten Q1 2021

• Rostelcom Q1 2021

• Safaricom FY 2021

• Telefonica Q1 2021

“We have made a strong start to 2021 despite the tough comparative of a Q1 last year that was virtually unaffected by COVID-19. We extended the momentum of sequential improvement in revenues and OIBDA to three consecutive quarters and returned all these main metrics to year-on-year organic growth in March," said José María Álvarez-Pallete, CEO of Telefonica.

 

May 12th

• Airtel Africa Q4 2021

"Our performance has been strong, with reported growth of 13.6% in underlying revenue and 18.3% in underlying EBITDA, and constant currency growth of 19.4% and 25.2% respectively. Contributions to this growth came across all regions, with particular improvement in Francophone Africa, and across all our major services, with mobile money, data and voice each posting double-digit revenue growth," said CEO Raghunath Mandava.

• Deutsche Telekom Q1 2021

“We are sustaining momentum and continuing our successful growth story,” said CFO Christian Illek. “Our customer numbers and key financial metrics are on track on both sides of the Atlantic,” said CFO Christian Illek.

 

May 11th

• KT Q1 2021

• SK Telecom Q1 2021

• Telecom Egypt Q1 2021

We have witnessed double-digit growth across the P&L; with revenue growing 20%, EBITDA 42% with a margin of 39%, and normalized net profit 77% YoY. The main growth driver continues to be data, both fixed and mobile, and we have witnessed growth in customer numbers and spending, which we continue to push by not only investing in our network, but also enhancing customer experience to solidify our leading position in the market," said Adel Hamed, MD and CEO of Telecom Egypt.

 

May 7th

• Cellnex Q1 2021

• Globe Telecom Q1 2021

 

May 5th

• Liberty Global Q1 2021

• Turk Telekom Q1 2021

• Virgin Media Q1 2021

"Continued investment and innovation resulted in our best customer additions alongside a price rise since Q4 2016, record-low Q1 cable churn, strong growth in fixed-mobile converged bundles and a four-fold YoY boost in new broadband subscribers," said Lutz Schuler, CEO of Virgin Media.

 

May 4th

• Chunghwa Telecom Q1 2021

 Telenor Q1 2021

 “Due to the worsening of economic and business environment outlook and a deteriorating security and human rights situation, we see limited prospects of improvement going forward. Based on this, we have fully impaired Telenor Myanmar,” said Telenor CEO Sigve Brekke.

 

April 29th

• Amazon Q1 2021

"In just 15 years, AWS has become a $54 billion annual sales run rate business competing against the world’s largest technology companies, and its growth is accelerating—up 32% year over year," said Jeff Bezos, Amazon CEO.
 

• Apple Q2 2021

'The Company posted a March quarter record revenue of $89.6 billion, up 54 percent year over year, and quarterly earnings per diluted share of $1.40. International sales accounted for 67 percent of the quarter’s revenue.'
 

 Dish Q1 2021

Net income attributable to DISH Network totaled $630 million for the first quarter 2021, compared to $73 million from the year-ago quarter.
 

• Huawei Q1 2021

"2021 will be another challenging year for us, but it's also the year that our future development strategy will begin to take shape," said Eric Xu, Huawei's Rotating Chairman. "We thank our customers and partners for their ongoing trust. No matter what challenges come our way, we will continue to maintain our business resilience. Not just to survive, but do so sustainably. As always, we will remain focused on the needs of our customers and keep delivering practical business value."


• Nokia
Q1 2021

"We have delivered a robust start to the year with strong net sales, operating margin and cash flow. Today’s results demonstrate that we are on track to deliver on our three-phased plan to achieve sustainable, profitable growth and technology leadership as announced at our recent Capital Markets Day," said Nokia CEO Pekka Lundmark.
 

• Qualcomm Q2 2021

“Demonstrating the strength of our strategy and our success in execution, we delivered another quarter of year-over-year growth driven by sustained demand for smartphones globally and our ability to increase the scale of our non-handset revenues,” said Steve Mollenkopf, CEO of Qualcomm Incorporated.

 Swisscom Q1 2021

• Veon Q1 2021

 

April 27th

• Microsoft Q3 2021

“The Microsoft Cloud, with its end-to-end solutions, continues to provide compelling value to our customers generating $17.7 billion in commercial cloud revenue, up 33% year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft.

 

April 22nd

• AT&T Q1 2021

“We continued to excel in growing customer relationships in our market focus areas of mobility, fiber and HBO Max,” said John Stankey, AT&T CEO.

• Verizon Q1 2021

 

March 11th

• Telecom Argentina Q4 2020

 

March 10th

• Prysmian Group Q4 2020

 

March 5th

• INWIT Q4 2020

 

March 4th

• Ciena Q1 2021

"We delivered solid revenue and profitability in the first fiscal quarter in the face of continued challenging market conditions and a dynamic industry environment," said Gary Smith, president and CEO of Ciena. "Our strong market position has enabled us to start the year largely as expected, and we are leveraging our innovation leadership and competitive advantage to deliver on our long-term growth opportunities."

• PLDT Q4 2020

 

March 1st

• Ukrtelecom Q4 2020

 

February 26th

• Cellnex Q4 2020

 Deutsche Telekom Q4 2020
 
“We made history in 2020. We added a substantial and important chapter to Deutsche Telekom’s story,” said CEO Tim Höttges. “We closed a groundbreaking deal in the United States, improved our market position in Europe and at the same time made an important contribution to managing the impact of the coronavirus pandemic with our stable networks.”
 
• Magyar Telekom Q4 2020
 

February 25th

 Axiata Q4 2020

• O2 Q4 2020

“We continue to drive value back to customers, saving them £168million in the past year alone through flexible plans that ensure that they always get the best deal. By focusing on value and flexibility, we have grown our customer base to 36.2million, achieving industry leading loyalty and customer satisfaction ratings. As we move forward in 2021, O2 will continue to create new and exciting propositions for consumers and businesses alike, whilst we provide connectivity to power our NHS, and the nation, through this tough period,” said CEO Mark Evans.

• Telefonica Q4 2020

 

February 24th

• Digi Communications Q4 2020

• Etisalat Group Q4 2020

• Macquarie H2 2020

“Our strategy of investing in Data Centres, Cloud and Cyber Security continues to drive further shareholder value and ongoing returns and has resulted in thirteen halves of profitable growth,” said Chairman Peter James.

"Macquarie announces 13 consecutive halves of profit growth … how often to you see that?" asked CEO David Tudehope.

Tudehope was named CEO of the Year at the 2020 World Communications Awards. Check out our interview with him here

• Spark H1 2020

• Telecom Egypt Q4 2020

• TIM Q4 2020

• Zain Q4 2020 

 

February 22nd

• KPN Q4 2020 

"In 2021, we will take another step forward on our path to growth. The COVID-19 pandemic will undoubtedly continue to have an effect, but we will maintain our spirit of creativity and flexibility. If anything, 2020 has shown how resilient we can be," said Joost Farwerck, CEO and Chairman of the KPN Board of Management.

 

February 19th

• Ooredoo Indosat Q4 2020

• Roku Q4 2020 

 

February 18th

• Bouygues Telecom Q4 2020 

• Orange Q4 2020

“Our actions are paying off as we continue to progress towards the ambitious objectives we set out in our Engage 2025 strategic plan. With respect to the environment, we have reduced our CO2 emissions by 12%. We also opened our first three Orange Digital Centers to promote greater digital inclusivity.  Thanks to these solid results, to our carefully managed investments and to greater operational efficiency, we are confirming our objective to generate between €3.5 and €4 billion in Organic Cash Flow in 2023,” said chairman and CEO Stéphane Richard.

 

February 15th

• Liberty Global Q4 2020 

“2020 was a transformational year in which we announced highly accretive transactions in Switzerland and the U.K., creating fixed-mobile champions in two of our core markets and unlocking nearly $11 billion of synergies on an NPV basis,” said CEO Mike Fries.

 

February 10th

• Singtel Q3 2020 

“We are pleased to see a second straight quarter of revenue recovery as business activity resumes. While we continue to feel the effects of the pandemic with roaming and prepaid revenues affected by travel restrictions, ICT continued to put in a strong showing led by NCS and Australia Enterprise, as businesses accelerated their digitalisation efforts," said Group CEO, Yuen Kuan Moon. "While the outlook is still uncertain, we are well positioned for the new normal, especially with the Group’s 5G rollout, the scaling of NCS and our digital bank joint venture in Singapore."

 

February 9th

• Cisco Q2 2021 

"We are seeing encouraging signs of strength across our business showing how our technology will be a powerful engine for recovery and growth," said Chuck Robbins, chairman and CEO of Cisco. "Our team delivered a strong performance as we partnered with customers on accelerating their digital transformation and driving secure, remote work."

 

February 4th

• BT Group Q3 2020 

“We delivered results in line with our expectations for the third quarter and remain on track to deliver our 2020/21 outlook despite even greater Covid-19 restrictions than previously forecast,” said CEO Philip Jansen. “We continue to make significant investments in our industry leading networks; with FTTP having now passed over 4m premises and 5G available in 125 towns and cities, we're firmly on track to deliver our March 2021 targets."

 

• Nokia Q4 2020 

“Nokia delivered a solid Q4. We saw healthy gross margin and operating margin performance for both Q4 and full year 2020, supported by a regional mix shift towards the higher margin North America region. In Q4, our operating profit and cash performance benefited from timing,” said Pekka Lundmark, President and CEO.

 

February 3rd

• Qualcomm Q1 2021 

• Vodafone Group Q3 2020  

"Our good trading performance underscores our confidence in the outlook for the full year. We have made further progress on our strategic priorities, including the IPO of Vantage Towers in early 2021, which remains firmly on track and will now include our 50 percent shareholding in the UK towers joint venture with Telefonica," said CEO Nick Read.

 

January 29th

• Ericsson Q4 2020

“Networks sales grew organically by 20%, reporting a gross margin of 43.5% (41.1%) for Q4. This reflects continued high activity levels in North America and North East Asia, and also in Europe where we further increased market share,” said President and CEO Börje Ekholm.

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