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China Telecom's H1 profit jumps 7%, revenue up 4%
2017-08-23 12:27:00| Telecompaper Headlines
(Telecompaper) China Telecom reported operating revenues of CNY 184.1 billion in the first half of 2017, which represents an increase of 4.1 percent year-on-year. Service revenues amounted to CNY 165.8 billion, up 6.8 percent compared to the year-earlier period. EBITDA amounted to CNY 52.4 billion, up 3.7 percent year-on-year, while EBITDA margin stood at 31.6 percent at 30 June 2017. Net profit reached CNY 12.5 billion, representing an increase of 7.4 percent over the same period of 2016.
Swisscom profits up, but fixed decline hurts revenue
2017-08-18 02:00:00| Total Telecom industry news
Swisscom posted a strong set of numbers for the first half of the year, but admitted that it is still suffering from an ongoing decline in fixed-line telephony usage. The telco reported a 1.5% increase in EBITDA 2.26 billion francs (&euro…read more on TotalTele.com »
Tags: fixed
revenue
decline
profits
How to Meet Your Revenue Targets
2017-08-16 02:11:10| Electrical Construction & Maintenance
Are you using these methods for growing your revenue?
China Unicom issues H1 revenue warning
2017-08-14 02:00:00| Total Telecom industry news
China Unicom has warned that first half revenue will come in lower compared to last year, but profit will surge by almost 70%. In a statement late last week, the operator said it expects revenue for the first six months of the year to reach 138.2 billion yuan (€17.56 billion), down 1.5% from a year ago. China Unicom said the decline was attributable to lower equipment sales and flat fixed broadband revenue…read more on TotalTele.com »
Tags: china
issues
warning
revenue
Singtel's quarterly profit drops nearly 6%, revenue up 8%
2017-08-11 12:08:00| Telecompaper Headlines
(Telecompaper) Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.
Tags: up
profit
revenue
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