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MTN Group H1 revenue rises 10% to ZAR 506 bln

2018-08-08 09:38:00| Telecompaper Headlines

(Telecompaper) MTN Group revenue increased by 9.7 percent to ZAR 505.67 billion in the first six months to 30 June from ZAR 432.28 billion in the same period in 2017. Service revenue increased by 10.2 percent, supported by growth in MTN Nigeria (up 17.0%), MTN Ghana (up 27.9%), MTN South Africa (up 2.9%) and MTN Uganda (up 8.8%). MTN Cameroon and MTN Ivory Coast reported 7.0 percent and 6.6 percent declines in service revenue respectively. Net profit increased to ZAR 73.39 billion from ZAR 40.64 billion in 2017.

Tags: group revenue rises zar

Singtel's quarterly profit drops 7%, revenue stable year-on-year

2018-08-08 07:47:00| Telecompaper Headlines

(Telecompaper) Singtel announced that its operating revenue was stable at SGD 4.13 billion in the quarter ended 30 June. Revenue increased 2 percent in constant currency terms. Australia performed strongly, registering higher customer growth across both the consumer and enterprise segments, while mobile data remained a key growth driver. EBITDA was stable in constant currency terms.

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Connectivity blackspots could be costing the UK 15bn in lost revenue

2018-08-08 02:00:00| Total Telecom industry news

A new report commissioned by the Office of National Statistics shows that 1 in 10 British households does not have access to broadband internet services. The report showed that while the country's digital divide is being reduced…read more on TotalTele.com »

Tags: lost revenue connectivity costing