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Axiata posts revenue, earnings hike

2017-11-23 01:00:00| Total Telecom industry news

Axiata on Thursday posted a solid set of financial results for the period to the end of September, but the figures show there is still work to be done at its domestic business. The Malaysia-based telecoms group reported revenue of 6.2 billion ringgit (&euro…read more on TotalTele.com »

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Cisco forecasts return to revenue growth

2017-11-16 08:45:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues of USD 12.1 billion for its fiscal first quarter to October, down 2 percent from a year earlier in line with its outlook. Net income rose 3 percent to USD 2.4 billion, and EPS was up 4 percent to USD 0.48, at the low end of its forecast range. For fiscal Q2, Cisco forecast a return to revenue growth, a first in two years.

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Vodafone ups FY guidance on stronger profit, better organic revenue in H1

2017-11-14 09:33:00| Telecompaper Headlines

(Telecompaper) The Vodafone Group said revenues for its fiscal first half to end September fell over 4 percent year-on-year to EUR 23.07 billion, mainly due to the deconsolidation of Vodafone Netherlands after the creation of joint-venture VodafoneZiggo, plus forex effects. The operating profit meanwhile rose 32.5 percent to EUR 2.00 billion, showing the company's actions to improve cost efficiencies. Adjusted EBITDA went 4.2 percent higher to EUR 7.4 billion despite the deconsolidation drag. Net debt at the end of the half fell to EUR 32.05 billion from 37.9 billion the year before.

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