Altice CEO Combes resigns in management reshuffle

(Telecompaper) Altice has announced the resignation of its CEO Michel Combes in a management reshuffle following the release of the company’s third-quarter results. The group’s founder Patrick Drahi has been reappointed president of the board after stepping down last year, with Dexter Goei named CEO while keeping his role as chief executive and chairman of Altice USA. Additional changes see Dennis Okhuijsen appointed Altice Europe head while continuing as the group’s chief financial officer and current SFR Media CEO Alain Weill named SFR Group chairman and chief executive. …read more

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Deutsche Telekom to launch own smart speaker, voice assistant

(Telecompaper) Deutsche Telekom is building its own smart speaker and voice assistant for the German market, to take on Apple, Amazon and Google. Michael Hagspihl, head of the consumer customer business at Telekom Deutschland, told Die Welt that the time is ripe to launch such a product with data protected by German privacy laws. Asked about the potential market share, he said the company was not planning to offer a niche product. …read more

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Deutsche Telekom raises FY outlook again after Q3 growth

(Telecompaper) Deutsche Telekom has again raised its full-year outlook, after reporting solid growth in Q3 results, led by its activities in the US. Revenues rose 0.8 percent to EUR 18.3 billion, and adjusted EBITDA was up 3.3 percent to EUR 5.7 billion. On an organic basis, excluding notably the impact of the weaker dollar, revenues increased 3.3 percent and EBITDA 5.7 percent. …read more

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