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Vodafone quarterly revenues fall 7%, organic service revenue flattens

2019-01-25 08:46:00| Telecompaper Headlines

(Telecompaper) Vodafone reported a further slowdown in its fiscal third quarter to December, amid continued weakness in its big European markets. Revenues fell 6.8 percent to EUR 10.996 billion, with a 5.6 percent fall in Europe and 11.1 percent lower sales in the rest of the world. Organic service revenue grew just 0.1 percent, slowing from 0.5 percent growth in Q2 and 1.1 percent in Q1. 

Tags: service fall revenue organic

 

Ericsson returns to organic revenue growth in 2018, Q4 sales grow 4% on 5G demand

2019-01-25 08:00:00| Telecompaper Headlines

(Telecompaper) Ericsson reported continued losses for the fourth quarter and 2018, due to restructuring charges and writedowns, but maintained its dividend and said it returned to organic revenue growth for the first time since 2013. Quarterly revenues rose 10 percent to SEK 63.8 billion and were up 4 percent on an organic basis. Over the full year, sales increased 3 percent and were 1 percent higher excluding changes in currencies and scope. 

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Vodacom Group Q3 revenue rises 1.5%, underpinned by international operations

2019-01-24 09:19:00| Telecompaper Headlines

(Telecompaper) Vodacom Group revenue increased by 1.5 percent to ZAR 23 billion in the third quarter ended 31 December 2018 from ZAR 22.65 billion in the same period of 2017. Service revenue rose by 2.4 percent to ZAR 18.9 billion from ZAR 18.40 billion a year earlier. Group customers climbed by 7.1 percent to 79 million, being up by 5.4 percent in South Africa and by 9.3 percent in international operations.

Tags: international group operations revenue

 

Study says Michigan ranks dead last among states in total education revenue growth

2019-01-23 19:31:30| American School & University

Michigan State University researchers say total revenue for Michigan schools has declined by 30 percent since 2002.

Tags: total education states study

 

Asian Paints 3Q Standalone Ops Revenue Increases 26.4%

2019-01-22 14:36:00| Coatings World Breaking News

Tags: increases asian revenue ops

 

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