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BCE's Q3 adjusted profit beats estimates, Bell wireless leads revenue growth
2014-11-06 14:35:57| Wireless - Topix.net
BCE Inc. increased its net income to $600 million or 77 cents per share in the third quarter, both up about 75 per cent from the same time last year when the Montreal-based company booked a special item related to its takeover of Astral Media. Excluding that and other items, BCE's adjusted net income increased by 11 per cent from a year ago to $648 million or 83 cents per share - five cents above analyst expectations of 77 cents per share.
Tags: growth
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Deutsche Telekom posts small rise in Q3 revenue thanks to US
2014-11-06 08:43:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported third-quarter revenues up 0.8 percent year-on-year to EUR 15.6 billion, helped by a strong performance at T-Mobile US. Revenue in the US rose 8.7 percent, while Germany was down 1.5 percent and the rest of Europe fell 3.6 percent. The group's adjusted EBITDA fell 1.8 percent to EUR 4.6 billion due to higher spending for customer growth in Germany and the US. Adjusted net profit was down 2.8 percent to EUR 800 million and fell 13.9 percent on a reported basis due to proceeds from the sale of the Bulgarian subsidiary in the year-earlier period. CEO Tim Hoettges said the operator still faced some regional challenges but the group had a very successful quarter, with for the first time over 60 percent of revenue generated outside Germany. The group increased capital expenditure 10.3 percent to EUR 2.5 billion excluding licences and spectrum. Free cash flow subsequently fell 21.2 percent to EUR 1.1 billion. This is still in line with Deutsche Telekom's guidance for EUR 4.2 billion in cash flow over the full year, after EUR 3.2 billion in the first nine months. The company also maintained its EBITDA guidance at EUR 17.6 billion.
Manitoba Telecom reports higher Q3 profit of $36.8M; revenue down slightly
2014-11-06 03:10:57| Wireless - Topix.net
Manitoba Telecom Services Inc. says year-over-year net income increased in the third quarter despite a small decline in revenue. The Winnipeg-based telecom which offers wireless, Internet and television and other services primarily in Manitoba, says it earned $36.8 million or 47 cents per share in the third quarter from $25.4 million or 38 cents in the comparable 2013 period.
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higher
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Manitoba Telecom reports higher Q3 profit of $36.8M; revenue down slightly
2014-11-06 02:50:08| Telecom - Topix.net
Manitoba Telecom Services Inc. says year-over-year net income increased in the third quarter despite a small decline in revenue. The Winnipeg-based telecom which offers wireless, Internet and television and other services primarily in Manitoba, says it earned $36.8 million or 47 cents per share in the third quarter from $25.4 million or 38 cents in the comparable 2013 period.
Tags: reports
higher
slightly
profit
Manitoba Telecom reports higher Q3 profit of $36.8M; revenue down slightly
2014-11-06 02:33:01| IT Services - Topix.net
Manitoba Telecom Services Inc. says year-over-year net income increased in the third quarter despite a small decline in revenue. The Winnipeg-based telecom which offers wireless, Internet and television and other services primarily in Manitoba, says it earned $36.8 million or 47 cents per share in the third quarter from $25.4 million or 38 cents in the comparable 2013 period.
Tags: reports
higher
slightly
profit
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