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T-Mobile US posts 12.8% rise in Q2 revenue, raises subscriber outlook

2016-07-27 02:00:00| Total Telecom industry news

Mobile operator adds 1.9 million customers, net profit dips on higher interest expense.

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Twitter warns for slowdown in ad revenue

2016-07-26 23:01:00| Telecompaper Headlines

(Telecompaper) Twitter reported second-quarter revenues up 20 percent year-on-year to USD 602 million, while its net loss narrowed to USD 107 million from USD 137 million a year ago. Adjusted EBITDA increased 45 percent to USD 175 million, better than the company's outlook. Average monthly active users rose 3 percent year-over-year to 313 million and were up from 310 million in the previous quarter. Around 82 percent of the users accessed the service from a mobile device. Twitter said advertising revenue rose 18 percent in the quarter but it was seeing a continued trend of less advertiser demand and growing competition from other social networks for ad dollars. The weaker market outlook is reflected in the company's outlook for a dip in sales in Q3 to USD 590-610 million, while adjusted EBITDA is estimated at USD 135-150 million.

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Twitter reports slowest revenue growth since 2013

2016-07-26 22:45:42| BBC News | Business | UK Edition

Twitter has reported its slowest quarterly sales growth in three years, as the company fends off competition from a growing number of social media sites.

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Multiplay bundle subscriptions drive UK revenue growth

2016-07-26 19:30:20| Digital TV News

From 2015 to 2020, UK Quad Play revenues will triple, while total multiplay market revenues grow by 34 percent. Double Play subscriptions will peak in 2016 and begin to decline as customers move to Triple and Quad-Play bundles.

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EFI reports record second quarter revenue

2016-07-26 16:35:00| Label and Narrow Web Breaking News

EFI's revenue of $245.7 million is up 21%, compared to the second quarter 2015 revenue of $202.7 million.

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