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Nokia confirms Suri as CEO as Q1 revenue slides

2014-04-29 02:00:00| Total Telecom industry news

5 billion capital restructure announced as the era of Nokia without handsets dawns.

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TNT Cost Cuts Offset Falling Revenue

2014-04-28 10:50:53| Air Courier - Topix.net

Dutch parcel delivery firm TNT NV reported a sharp drop in first-quarter net profit Monday as last year's figure was boosted by a breakup fee it received for the failed takeover by United Parcel Service Inc. , while cost savings helped offset falling revenue.

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TNT Cost Cuts Offset Falling Revenue

2014-04-28 10:50:10| Trucking - Topix.net

Dutch parcel delivery firm TNT NV reported a sharp drop in first-quarter net profit Monday as last year's figure was boosted by a breakup fee it received for the failed takeover by United Parcel Service Inc. , while cost savings helped offset falling revenue.

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EE revenue falls 3.6% to GBP 1.55 billion in Q1

2014-04-28 09:25:00| Telecompaper Headlines

(Telecompaper) UK operator EE reported turnover down 3.6 percent to GBP 1.55 billion in the first quarter, compared with the first quarter of 2013, hurt by mobile call termination and roaming price cuts. Mobile ARPU grew 2.2 percent, with the percentage of ARPU from data (non-text) revenue growing by 11 percentage points to 47 percent. EE's first quarter operating revenue decreased by 1.7 percent to GBP 1.49 billion. The EE network had 30.7 million users at the end of March, including 3.66 million MVNO customers, up 3.2 percent on last year. The operator boosted its 4G customer base by 889,000 in the quarter to a total of 2.9 million. It said it was on target to exceed 6 million 4G customers by the end of the year.

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EE revenue, subscribers edge down in Q1

2014-04-28 02:00:00| Total Telecom industry news

U.K. operator says it is on track to reach 6 million 4G customers by end of 2014.

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