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UPDATE 1-MetroPCS doubles operating markets to compete with Leap

2013-07-25 22:53:33| Telecom - Topix.net

Mobile US Inc, the No. 4 U.S. mobile service provider, said on Thursday that its MetroPCS prepaid wireless business has doubled the number of markets where it operates, putting it head-to-head against smaller rival Leap Wireless in many of its new markets.

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AT&T operating profit down on smartphone costs

2013-07-24 08:39:00| Telecompaper Headlines

(Telecompaper) AT&T reported second-quarter sales up 1.6 percent from a year earlier to USD 32.1 billion. Growth in mobile and consumer wireline services was offset by the sale of its Advertising Solutions business unit. Operating profit fell to USD 6.1 billion from USD 6.8 billion, and net profit dropped to USD 3.8 billion or 71 cents a share, from USD 3.9 billion or 66 cents a share a year ago. Capex reached USD 5.5 billion in the quarter, leaving operating cash flow of USD 4.0 billion. Mobile service revenue was up 4.1 percent to USD 15.4 billion, while operating profit fell 7.7 percent to USD 4.7 billion on a double-digit increase in operating costs. AT&T blamed this on higher smartphone sales, which reached 6.8 million units sold in the quarter and are now used by 73 percent of its postpaid customer base. In total, AT&T added a net 632,000 new customers in the quarter, including postpaid adds of 551,000 (of which 398,000 tablets), 484,000 connected devices and 11,000 new prepaid lines. Reseller customers fell by 484,000 in the quarter. The increasing number of tablets led to a slowdown in ARPU, which rose just 1.8 percent. At the wireline activities, revenues fell 0.9 percent year-on-year to USD 14.8 billion, and operating profit dropped 15.8 percent to USD 1.6 billion. Consumer revenues were still up 2.4 percent to USD 5.8 billion, led by growth in the U-verse services.

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Forward Thinking Utility Companies Are Able To Reduce Carbon Emissions And Operating Costs By Converting To Progress Solar/Wind Light Towers

2013-07-22 03:33:44| pollutiononline News Articles

President Obama recently presented the latest version of his Climate Policy. In addition to plans to reduce high global warming potential gases, the President now recommends better preparing the country for future climate impacts, and has directed the EPA to reduce carbon emissions from existing power plants

Tags: to light companies costs

 

PTFE Ball Valve features max operating pressure of 60 psig.

2013-07-19 14:32:52| Industrial Newsroom - All News for Today

Made of PTFE wetted parts and Polypropylene structural components, 2-way PTFE Ball Valve is suitable for corrosive and ultra-pure fluids in laboratories and industrial processing applications. Manually operated on-off valve features 1 in. female NPT inlet and outlet ports, CV value of 30, and maximum operating temperature of 157°F. This story is related to the following:Ball Valves |

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Google Q2 operating profit drops

2013-07-19 08:42:00| Telecompaper Headlines

(Telecompaper) Google reported second-quarter revenues up 19 percent year-on-year to USD 14.11 billion. That includes USD 3.01 billion in traffic acquisition costs, equal to 25 percent of its ad revenues. Paid clicks were up 22 percent from a year ago, but the cost per click declined 6 percent. Google's operating profit fell to USD 3.12 billion from USD 3.24 billion a year earlier, hurt by losses at the Motorola business. Net profit rose to USD 3.23 billion or USD 9.54 per share, from USD 2.79 billion or USD 8.42 per share in the second quarter of 2012, including a gain of USD 747 million on the sale of the Motorola Home business. Google provided a breakdown of results with Motorola. Its own revenues made up 93 percent of the total and increased 19 percent year-on-year, while the Motorola Mobile business, which includes other hardware as well, grew sales to USD 998 million from USD 843 million a year ago. Motorola had an operating loss of USD 342 million in the quarter, compared to a loss of USD 199 million a year earlier, while Google's own operating profit increased slightly to USD 3.47 billion. The figures also show a sharp reduction in Motorola Mobile's workforce, to 4,600 at the end of June versus almost 10,000 in March. After capital expenditure of USD 1.6 billion, Google reported free cash flow of USD 3.09 billion for the quarter. It finished the period with total cash of USD 54.4 billion.

Tags: google operating profit drops

 

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