TECH SUPPLIER May 2020 - Market Note - Doc # EUR146385920
Impact of COVID-19 on Telcos in Europe: Q1 Results of the First Wave and Changes in 2020 Guidance
This IDC Market Note provides a snapshot of how a first wave of European telcos was impacted by the COVID-19 pandemic in their Q1 results. Even if COVID-19 only took hold in the last half of March, it hit revenues, EBITDA, and capex at different magnitudes depending on lockdown measures and exposure to verticals such as tourism. But more importantly, COVID-19 introduced a high degree of uncertainty and a lack of visibility. Protecting the operating cash flow requires a smart and flexible strategy by domain and country on both opex and capex. In these chaotic circumstances, many telcos have suspended their 2020 guidance. IDC will update its capex and opex forecasts on an ongoing basis in the coming months as economic implications evolve.
List of Tables
List of Figures
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.