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KPN maintains outlook as underlying revenue falls 3% in Q2

2020-07-27 08:56:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN reported a drop of 3.0 percent in underlying revenues in the second quarter, to EUR 1.29 billion. Including divestments, sales were down 4.9 percent. The coronavirus crisis impacted roaming revenues and the B2B segment, while personnel costs and investments also were down slightly. KPN said the customer base, both in fixed and mobile, was showing the first signs of bottoming out, after several quarters of decline. 

Tags: in falls revenue underlying

 

Pay TV revenue in Japan to grow at 1.9% CAGR over next five years

2020-07-24 13:00:59| Digital TV News

Japans total pay-TV services revenue is set to register a compound annual growth rate (CAGR) of 1.9% during 2019-2024, increasing from $8.9bn in 2019 to $9.8bn in 2024, according to revised pay-TV forecasts from GlobalData.

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Airtel Africa revenue rises 7% in Q1, customer base up by 12%

2020-07-24 09:24:00| Telecompaper Headlines

(Telecompaper) Airtel Africa said its revenues increased by 6.9 percent to USD 851 million in the first three months to 30 June from USD 796 million in the same period of 2019 with constant currency revenue growth of 13 percent, which was partially offset by devaluation mainly in Nigeria (6.9%), Zambia (28.3%) and Kenya (4.4%). The revenue growth was largely driven by the growth of the customer base by 11.8 percent to 111.5 million and ARPU growth of 1.6 percent in constant currency.

Tags: by up customer base

 

Vodafone underlying service revenue turns lower in Q1 as pandemic reduces roaming, business revenue

2020-07-24 08:37:00| Telecompaper Headlines

(Telecompaper) Vodafone's underlying service revenues turned lower again in its fiscal first quarter to June, with a drop of 1.3 percent in organic service revenue compared to growth of 1.6 percent in the previous quarter. The company blamed the drop on less roaming revenue and slower business activity due to the Covid-19 pandemic and said it still expects to meet its targets for full-year EBITDA and cash flow. 

Tags: service business lower revenue

 

Ooredoo Kuwait revenue falls 5% in H1, customer base down 3%

2020-07-23 09:38:00| Telecompaper Headlines

(Telecompaper) Ooredoo Kuwait said that revenues decreased by 5 percent to KWD 294.1 million in the first six months to 30 June from KWD 310.4 million a year earlier. Revenues in Kuwaiti dinars were hit by lower sales in Kuwait, substantial support for local customers free of charge, a decrease in Algerian revenue mainly due to the weak economic environment, currency devaluation, price competition and the impact of Covid-19 and related business limitations in all operations. 

Tags: down customer base falls

 

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