Analyst opinion

European telcos tread carefully in enterprise services business

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30 July 2009 | Published by Ovum

Global service providers start to look ahead
BT Global Services today reported a 4% increase in revenues to £2,079 million in the three months to the end of June, the first quarter in its current financial year, 2010. However, its EBITDA was squeezed further to £62 million and the division ended with an operating loss of £124 million.
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Notes to editors
Related Research

Two of Europe's leading enterprise service providers today announced financial results for the period to 30 June 2009. Both operators are focused strongly on cash conservation (EBITDA and capex), but while Orange Business Services continues to make steady progress, BT Global Services is still being nursed back to health.

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