Home › Millicom grows Q2 revenues 5.4% on acquisitions, operating profit lower
 

Keywords :   


Millicom grows Q2 revenues 5.4% on acquisitions, operating profit lower

2019-07-19 09:07:00| Telecompaper Headlines

(Telecompaper) Millicom reported second-quarter revenues up 5.4 percent to USD 1.054 billion, helped by its acquisitions of Cable Onda as well as Telefonica Nicaragua. Operating profit fell 34.5 percent to USD 110 million on one-off charges and higher amortization expense, and net profit rose to USD 46 million from a loss of USD 1 million a year ago, due mostly to revaluation gains. 

Tags: lower operating profit revenues

Category:Telecommunications

Latest from this category

All news
06.06UK Sovereign IT Providers: An Amusing Tale of More Than Just a Buzzword
05.06Highlights from Dell Technologies World 2024
Telecommunications »
18.06Potential Tropical Cyclone One Graphics
18.06Potential Tropical Cyclone One Public Advisory Number 3A
18.06Summary for Potential Tropical Cyclone One (AT1/AL012024)
18.06Post Office sabotaged Horizon probe, says investigator
18.06Atlantic Tropical Weather Outlook
18.06Eastern North Pacific Tropical Weather Outlook
18.06Farm Progress America, June 18, 2024
18.06Farm Progress America, June 18, 2024
More »