Q3

Netflix cited a partnership with Reliance Jio as a highlight of its Q3, noting it is part of a broader strategy to boost usage by delivering content tailored to local audiences.

Recently appointed Tele2 Group CEO Kjell Johnsen (pictured) praised its performance in Q3, driven by operations in Sweden and the Baltics, but emphasised there was room for improvement in its business offerings.

Spanish giant Telefonica slipped into the red in Q3 due to the effects of restructuring costs, mainly in its home market, although strength in the UK and Brazil boosted its top line.

Global smartphone shipments grew 2 per cent year-on-year in Q3, bucking two years of decline, with Huawei making the greatest gains with a 29 per cent jump, data from Strategy Analytics revealed.

Iliad overcame “persistently fierce competition” in France to report a strong Q3 performance, bolstered by the addition of 250,000 mobile subscribers, as the company edges closer towards a launch in Italy.

US Cellular came out of Q3 with mixed results, adding both pre- and postpaid subscribers but reporting a slide in revenue and a net loss of $229 million.

Deutsche Telekom (DT) CEO Timotheus Hoettges emphasised its US subsidiary T-Mobile had a strong future despite the collapse of a merger deal with Sprint, while also revealing a sharp drop in Group Q3 net profit.