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Tag: revenues
Accelerating revenues boost Williams
2015-09-04 11:52:44| BBC News | Business | UK Edition
The Williams Formula 1 Grand Prix team cuts half-year losses following a sharp rise in revenues.
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Oil revenues 'fall by over 75%'
2015-08-23 02:27:32| BBC News | Business | UK Edition
North Sea oil revenues in the first three months of 2015 were down 75% on the previous quarter, the Scottish Conservatives say.
China Mobile H1 revenues up 4.9%, led by 4G expansion
2015-08-20 08:52:00| Telecompaper Headlines
(Telecompaper) China Mobile reported operating revenue for the first half of 2015 of CNY 340.7 billion, up 4.9 percent from a year earlier. Services revenue rose 0.5 percent to CNY 299.5 billion, led by a 24.3 percent increase in data revenue to CNY 151.5 billion, or just over half of service revenue. EBITDA increased 7.3 percent to CNY 126.9 billion, while net profit was down 0.8 percent to CNY 57.3 billion. The mobile operator ended the period with over 810 million customers, up 3.4 percent year-on-year and 10.56 million more than at the end of 2014. Growth was helped by the roll-out of its 4G network, which reached 940,000 base stations and coverage of 1 billion people by the end of June. China Mobile sold over 140 million 4G phones in the first half, helping grow the 4G customer base by 99.6 million in the period to a total 190 million at the end of June. China Mobile said 4G customers were averaging 704 MB of data per month, and total data traffic was up 154 percent year-on-year in the first half.
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Alibaba opg profit falls on option costs, revenues up 28%
2015-08-12 15:06:00| Telecompaper Headlines
(Telecompaper) Alibaba Group reported second-quarter revenues up 28 percent year-on-year to CNY 20.25 billion. The company saw the amount of merchandise sold on its Chinese e-commerce platforms grow by 34 percent year-on-year and 12 percent compared to the first quarter to CNY 673 billion. Purchases over mobile devices grew even faster, more than doubling compared to the same period of 2014 to CNY 371 billion. Monthly active users of its sites were up 63 percent year-on-year to 307 million, and the number of active buyers in the past 12 months rose 32 percent to 367 million. The company increased adjusted EBITDA 23 percent year-on-year to CNY 10.59 billion, but operating profit was down 25 percent to CNY 5.16 billion due to the costs of stock options. Alibaba said that excluding the cost of stock-based compensation, its operating profit would have increased 16 percent in the period. Net profit still more than doubled, to CNY 30.82 billion from CNY 12.44 billion a year ago, due to a one-time gain of CNY 24.73 billion from spinning off its films business Alibaba Pictures.
5G Service Revenues Forecast To Exceed $65B Globally By 2025, Contributing 7% Of Operator Revenues
2015-08-07 06:42:42| rfglobalnet Home Page
A new far sighted report from Juniper Research forecasts a healthy adoption for 5G, with service revenues set to exceed $65B by 2025, compared to just $100M during its first year of commercial services in 2020.
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service
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