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Tag: revenue
Set-top box revenue posts best year ever in 2013
2014-07-16 16:00:38| Digital TV News
Following a relatively flat three-year period, the global set-top box (STB) market managed to achieve the highest annual revenue total in its history in 2013, setting the stage for continued growth through 2015, according to IHS Technology (NYSE: IHS).
Tele2 accelerates mobile revenue growth to 7% in Q2
2014-07-16 08:57:00| Telecompaper Headlines
(Telecompaper) Tele2 reported second-quarter sales down 1 percent from a year earlier to SEK 6.343 billion. Revenues were hurt by lower fixed-line sales and cuts to termination rates, offsetting a 7 percent increase in mobile service revenue, driven by demand for data services. Excluding exchange rate effects, revenue fell 3 percent. EBITDA was also down 1 percent, to SEK 1.466 billion, while net profit jumped to SEK 818 million from SEK 369 million. The latter was helped by a valuation gain of 363 million on a put option on its Kazakhstan operation, after the local currency was devalued and Tele2 provided additional financing. Tele2 added a net 250,000 new customers in the quarter, for a total 13.439 million at the end of June. Following the recently announced sale of its Norwegian activities, Tele2 updated its full-year guidance. The sales forecast was cut to SEK 24.8-25.2 billion from SEK 30.0 billion, impacted also by the currency devaluation in Kazakhstan and lower handset sales.
Tags: mobile
growth
revenue
q2
Tele2 buoyed by Q2 mobile revenue growth
2014-07-16 02:00:00| Total Telecom industry news
Swedish operator lowers full-year revenue and earnings guidance after Norway exit.
Tags: mobile
growth
revenue
tele2
Infosys revenue and profit rise ahead of CEO change
2014-07-11 13:49:34| InfoWorld: Top News
Indian outsourcer Infosys said its revenue and profit grew in the second quarter as the company won some large deals in the period. Infosys said its revenue for the quarter grew 7 percent year on year, to $2.13 billion. Net profit grew 15 percent to $482 million, according to International Financial Reporting Standards (IFRS).
Tags: change
rise
profit
ahead
North Sea oil revenue 'to fall'
2014-07-10 13:10:45| BBC News | Business | UK Edition
Dwindling revenue from North Sea oil will increase the pressure on government finances over the coming decades, according to the OBR.
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