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3 Group organic revenue growth slows to 1% in H1

2016-08-11 10:49:00| Telecompaper Headlines

(Telecompaper) CK Hutchison reported a slowdown in growth at 3 Group Europe in the first half of 2016, hurt by negative currency effects and slower customer growth. Revenues fell 1 percent year-on-year to HKD 30.165 billion and were up only 1 percent in local currency. EBITDA increased 9 percent to HKD 8.492 billion, slowing from 12 percent growth in 2015. Excluding currency effects, EBITDA rose 12 percent, which the company attributed to the increase in net customer service margin, continued cost synergies realised at 3 Ireland and good cost management in other operations. 3 Europe ended June with 26.8 million active customers, up by around 700,000 from the end of 2015.

Tags: in group growth revenue

 

TDC Q2 revenue dragged down by domestic B2B unit

2016-08-10 02:00:00| Total Telecom industry news

Danish incumbent feeling the effects of aggressive price competition.

Tags: unit domestic revenue b2b

 
 

Altice maintains outlook as revenue slide continues

2016-08-09 08:41:00| Telecompaper Headlines

(Telecompaper) Altice reported a continued slide in revenues in the second quarter, driven by weakness at SFR in France. Total revenues fell 2.6 percent year-on-year to EUR 5.828 billion, while French revenues dropped 4.3 percent to EUR 2.781 billion amid continued subscriber losses at SFR. Growth in the US as well as Portugal helped Altice's adjusted EBITDA increase 2.7 percent to EUR 2.265 billion, and the margin expanded by 2 percent points to 38.9 percent. Free cash flow fell 7.6 percent to EUR 1.157 billion on higher investment spending and a one-off payment for the joint venture in Israel. Altice reiterated its guidance for an improving trend in revenue this year at constant currency rates and mid-single digit growth in adjusted EBITDA in 2016.

Tags: continues revenue slide outlook

 

Telus posts earnings, revenue growth in Q2

2016-08-09 02:00:00| Total Telecom industry news

Canadian operator upgrades full-year outlook, including increasing capex plan for fibre, 4G investment.

Tags: posts growth revenue earnings

 

New ACI paper finds impact of airports customer service quality on non-aeronautical revenue

2016-08-09 01:00:00| Airport Technology

Airports Council International (ACI) World has released a new publication that analyses the influence of customer service quality on the non-aeronautical revenue of airports.

Tags: service quality customer paper

 

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