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With revenue at stake, companies seek business-savvy tech workers
2013-04-24 20:40:47| InfoWorld: Top News
Financial concerns in the wake of the recession are causing companies to better align IT and business, and this shift is changing what is expected from technology workers, say executives and staffing professionals. Business acumen is now on par with possessing stellar technical skills, with in-demand employees those who can contribute more than code to the company.
Tags: companies
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AT&T revenue disappoints even as subscriptions grow
2013-04-24 12:16:48| Telecom - Topix.net
AT&T Inc reported weaker than expected quarterly revenue as its wireless subscriber growth for the first quarter was driven by tablet computer users who pay lower fees than cellphone customers.
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France Telecom reports lower revenue, more customers in Q1
2013-04-24 08:58:00| Telecompaper Headlines
(Telecompaper) France Telecom-Orange reported group revenue down 4.1 percent on a comparable basis to EUR 10.28 billion in the first quarter, as revenue decreased by 6.1 percent in France and by 7.2 percent in Poland, but grew slightly in Spain (0.8%) and the rest of the world (0.7%). Enterprise revenue decreased by 5.3 percent to EUR 1.64 billion over the same period. The group reported a restated EBITDA down 6.6 percent to EUR 3.12 billion and capex up 6.5 percent to EUR 1.15 billion in the first quarter. The group had 229.8 million total customers, excluding MVNOs, at the end of March, an annual increase of 5.9 million customers (2.6%). For the full year, the operator confirms its EUR 7 billion target for operating cash flow.
Tags: france
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AT&T revenue growth slows in Q1
2013-04-24 08:21:00| Telecompaper Headlines
(Telecompaper) AT&T reported first-quarter revenues down 1.5 percent to USD 31.4 billion, while EPS improved to USD 0.67 from USD 0.60 a year earlier. The results were impacted by the sale of its Advertising Solutions units; excluding this, EPS rose 8.5 percent to USD 0.64 and revenues were up 0.9 percent. Operating profit fell to USD 5.9 billion from USD 6.1 billion a year ago, and the margin dropped to 18.9 percent from 19.2. The US operator generated USD 8.2 billion in operating cash flow and spent USD 4.3 billion on capital equipment in the quarter. AT&T maintained its capex budget for the full year at USD 21 billion but cut planned spending for 2014 and 2015 to around USD 20 billion per year from USD 22 billion previously. The company said it expects savings through greater integration efficiencies in its Project VIP, accelerating LTE build in 2013 and other ongoing initiatives. The LTE network now reach nearly 200 million POPs and is expected to reach nearly 90 percent of the planned 300 million POPs by the end of 2013.
Virgin Media Q1 profit surges, revenue edges up
2013-04-24 02:00:00| Total Telecom industry news
U.K. cable operator's outgoing CEO Neil Berkett lauds strong start to 2013.
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