je.st

Home › revenue

Tag: revenue

Facebook revenue growth slows further in Q3, user numbers still growing

2018-10-31 08:18:00| Telecompaper Headlines

(Telecompaper) Facebook reported a further slowdown in growth in the third quarter. Reveneus rose 33 percent to USD 13.7 billion, compared to growth of 42 percent in Q2 and 49 percent in Q1. Net profit increased 9 percent to USD 5.1 billion. Facebook said higher costs and taxes weighed on profits.

Tags: user still numbers growth

MTN Group adds 2.5 mln subscribers, service revenue up 10%

2018-10-29 09:05:00| Telecompaper Headlines

(Telecompaper) MTN Group said it has added 2.5 million new subscribers in the third quarter, to serve 225.4 million people in 21 countries in Africa and the Middle East at the end of September. Active data subscribers increased quarter on quarter by 5.0 million to 74.2 million, and active mobile money customers grew over the same period by 1.7 million to 25.8 million.

Tags: up service group revenue

Verizon Q3 earnings up on cost cutting, modest revenue growth

2018-10-23 14:27:00| Telecompaper Headlines

(Telecompaper) Verizon reported a strong increase in third-quarter earnings, as cost-cutting efforts and solid handset sales helped offset only modest growth in wireless service revenue and a continued fall in wireline revenues. The company maintained its full-year outlook for a small increase in revenues and adjusted EPS and said it's on track to achieve its target of USD 10 billion in cost savings by 2021.

Tags: cost growth revenue cutting