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Maroc Telecom cuts FY revenue forecast after 2.8% fall in H1

2017-07-24 09:15:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom group's adjusted net profit increased by 5.7 percent to MAD 2.92 billion in the first six months to 30 June from MAD 2.77 billion in the same period in 2016, thanks to the sharp increase in the net income of the African subsidiaries' activities. Revenues however declined by 2.8 percent to MAD 17.09 billion, primarily due to the deregulation of IP telephony in Morocco and the decrease in call termination rates. Maroc Telecom said it now expects lower underlying revenues in the full year.

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Revenue Sharing, FY 2017-18 Funds from State Program

2017-07-22 00:09:23| PortlandOnline

BCP-FIN-1.81

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FIN-1.81 - FY 2017-18 Funds from State Under State Revenue Sharing Program

2017-07-22 00:05:21| PortlandOnline

BCP-FIN-1.81

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Congo's mining revenue 'missing' - Global Witness

2017-07-21 14:12:25| BBC News | Business | UK Edition

The money is allegedly being distributed through corrupt networks linked to President Joseph Kabila.

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Vodafone keeps outlook as organic service revenue lifts 2.2% in Q1

2017-07-21 09:21:00| Telecompaper Headlines

(Telecompaper) The Vodafone Group gave a trading update for fiscal first quarter to June, showing revenues fell 3.3 percent to EUR 11.5 billion. In Europe, revenues were down 4.8 percent, while elsewhere revenue increased by 1.2 percent. Service revenue declined 4.6 percent (Europe -6.2%, elsewhere +1.3%), but on an organic basis (excluding India) showed an increase of 2.2 percent (Europe +0.8%, elsewhere +7.9%). Ignoring the effect in Europe of regulation, growth would have been at 1.8 percent, Vodafone said.

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