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Gap revenue rises; transcript leaks early
2013-03-07 21:03:31| Apparel - Topix.net
Gap Inc. said Thursday a key revenue measure rose more than expected in February, helped by sales of jeans and woven tops at its Gap and Old Navy stores.
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Millicom targets $9bn annual revenue
2013-03-07 01:00:00| Total Telecom industry news
Emerging markets-focused telco group ups stakes in online, e-commerce ventures.
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MTN grows FY revenue 10.9% to ZAR 135 bln
2013-03-06 08:57:00| Telecompaper Headlines
(Telecompaper) MTN Group reported revenue for 2012 up 10.9 percent to ZAR 135.1 billion, buoyed by solid organic growth in its home market South Africa (+7.1%). Although its largest market Nigeria had a difficult year (-0.8%), a number of operations continued to outperform, with strong organic revenue growth in Iran (+26.1%), Ghana (+21.3%), Uganda (+16.2%), Sudan (+28.3%) and Ivory Coast (+17.0%). Group subscribers increased 15.1 percent to 189.3 million at year-end. MTN's EBITDA rose 7.0 percent to ZAR 58.6 billion, helped by one-time profits on tower sales. Group depreciation increased by 11.8 percent and amortisation rose 10.3 percent after increased investment, limiting the rise in EPS to 0.6 percent at ZAR 11.26. HEPS rose 1.9 percent to ZAR 10.89, with growth held back by negative forex effects. MTN increased capex by 69.9 percent last year to ZAR 30.10 billion, which includes some equipment pre-ordered for roll-out this year. The company increased its annual dividend 10 percent to ZAR 5.03 per share and said it aims for a 5-15 percent increase in annual dividends in the coming three-year period. MTN said it expects continued organic growth in both revenue and EBITDA in 2013 and anticipates reaching 200 million subscribers by mid-year. Net subscriber additions for the full year are estimated at 21.0 million. The Nigerian operations are expected to recover in the course of this year, and this together with a lower tax rate and the benefits of network investment in 2012 should support growth in reported earnings.
Operator billing revenue to hit $13bn by 2017
2013-03-06 01:00:00| Total Telecom industry news
Juniper Research says billing relationships with customers are operators' best chance of keeping a foothold in content.
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Squire Technologies Announce Record Revenue from The Americas
2013-03-05 05:00:00| Industrial Newsroom - All News for Today
Squire Technologies, the signalling specialists to the telecoms industry, are reporting record sales in the Americas region over the past financial year. Squire's Signalling Transfer Point (SVI-STP) and Signalling Gateway (SVI-SG) have both been at the forefront of this growth, as both have seen significantly increased demand after the Cisco End-of-Life announcements for their ITP series.<br /> <br /> Reflecting on the successes of the past 12 months, George McCarthy, Squire's Regional Sales ...This story is related to the following:Computer Hardware and PeripheralsSearch for suppliers of: Gateways
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