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Strong performance at home and abroad fuels solid revenue growth for TIM

2018-05-17 02:00:00| Total Telecom industry news

Telecom Italia has reported a 2.7 per cent year on year increase in its revenues for the first quarter of 2018, according to a company release. Revenues for Q1 2018n stood at &euro…read more on TotalTele.com »

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Iliad takes new sales approach, as Q1 performance suffers from falling fixed line revenue

2018-05-15 11:09:00| Telecompaper Headlines

(Telecompaper) Iliad reported first-quarter revenues of EUR 1.2 billion, up 0.8 percent year-on-year, slowing from 6.9 percent growth in Q1 2017. The company said that performance was impacted by lower than expected results from the fixed line division, which posted revenues down 1.6 percent to EUR 672 million (+5.0% in Q1 2017). The mobile business saw revenues increase by 3.9 percent to EUR 531 million (+9.3% in Q1 2017). Iliad said that the top priority for the newly appointed management team will be to reinvigorate growth via the implementation of a new sales and marketing approach, aimed at boosting mobile and fibre gross additions while reducing churn.

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Vodacom Group FY revenue grows 6.3% to ZAR 86.4 bln

2018-05-14 08:44:00| Telecompaper Headlines

(Telecompaper) Vodacom Group's revenue grew 6.3 percent to ZAR 86.4 billion in the year ended 31 March, while normalised growth, excluding currency translation effects, was 7.8 percent. Group service revenue increased 3.4 percent to ZAR 70.6 billion and was up 5.1 percent on an adjusted basis. Net profit rose 18.6 percent to ZAR 15.56 billion, boosted by the Safaricom acquisition and a profit from the sale of Helios Towers Tanzania.

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