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MTN Group raises dividend as H1 service revenue grows 9.7%

2019-08-08 09:08:00| Telecompaper Headlines

(Telecompaper) African mobile operator MTN reported service revenue up 9.7 percent at constant currency rates to ZAR 67.9 billion in the first half of 2019, while EBITDA expanded by 10.2 percent to ZAR 31.2 billion. MTN said it had strong subscriber growth of 7.7 million during the period to reach a total of 240 million subscribers at the end of June.  

Tags: service group revenue raises

 

BT CEO wants company to be more competitive as Q1 revenue, EBITDA fall

2019-08-02 11:08:00| Telecompaper Headlines

(Telecompaper) BT Group's reported and adjusted revenue fell 1 percent to GBP 5.63 billion in the first quarter to 30 June, with decreases in Consumer, Enterprise and Global. Adjusted EBITDA was GBP 1.96 billion, down 1 percent on lower revenues and higher spectrum fees and content costs, offset partially by reduction in costs from restructuring and transformation programmes. The full-year outlook has been maintained.

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Advanced Disposal Grows Revenue, Reps Safety Culture in Q2 2019

2019-07-31 10:00:00| Waste Age

The firm reported revenue of $419.1 million for the second quarter of 2019 and continues to focus on maintaining a Service First, Safety Always culture.

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Huawei sees trouble ahead despite revenue rise

2019-07-30 10:07:00| BBC News | Business | UK Edition

The Chinese tech giant has been under global scrutiny for allegedly posing a security risk.

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Ooredoo Group H1 net profit rises 22%, revenue down 4%, customer base shrinks 12%

2019-07-30 09:22:00| Telecompaper Headlines

(Telecompaper) Ooredoo group net profit increased by 22 percent to QAR 841 million in the first six months of 2019 from QAR 689 million in the same period of 2018, partially aided by a favourable forex environment and offset by a negative IFRS 16 impact. EBITDA increased by 2 percent year on year to QAR 6.3 billion, with a corresponding EBITDA margin of 44 percent supported by a positive effect from the new IFRS 16 accounting standards. 

Tags: net group customer base

 

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