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KPN Q2 revenues lower, improves EBITDA, FY outlook

2015-07-29 08:22:00| Telecompaper Headlines

(Telecompaper) KPN reported second-quarter revenues down 3.8 percent year-on-year to EUR 1.75 billion, while adjusted EBITDA rose 1.5 percent to EUR 602 million, in line with market expectations. Capital expenditure reached EUR 306 million, and free cash flow totaled EUR 232 million. The weak business market put pressure on revenues, while KPN said it started to see EBITDA stabilising in other areas. The Dutch operator raised its outlook for 2015 to adjusted EBITDA in line with 2014, capex of less than EUR 1.3 billion and free cash flow of over EUR 500 million. In addition the company expects to receive a dividend from its stake in Telefonica Deutschland. KPN's own dividend for the year is forecast at 8 cents a share, with an interim payment of 3 cents in September, and the dividend should increase in 2016. In addition KPN will pay a special dividend of 3.4 cents a share from the dividend received from Telefonica Germany for 2014. 

Tags: lower outlook revenues improves

 

Twitter narrows net loss as Q2 revenues lift to USD 502 mln

2015-07-29 07:46:00| Telecompaper Headlines

(Telecompaper) Twitter reported second-quarter revenues of USD 502 million, up 61 percent from the year-earlier figure and above its guidance of USD 470-485 million. Without forex effects, revenues would have increased 68 percent. Advertising revenues rose 63 percent from the year before to USD 452 million, with mobile advertising revenues making up 88 percent of the total. The net loss narrowed to USD 137 million or 21 cents a share from 145 million or 24 cents a share the year earlier. Adjusted EBITDA exceeded the company's target for Q2, coming in at USD 120 million from 54.1 million, representing an adjusted EBITDA margin of 24 percent. Twitter CEO Dick Costolo was pleased with the good progress in monetization but was not satisfied with audience growth. In order to realise its full potential, the CEO said the company had improve in three key areas: it needed to ensure more disciplined execution, simplify its service to deliver value faster, and better communicate that value.

Tags: net loss usd lift

 
 

Demand for converged services drives NOS subs, revenues

2015-07-29 02:00:00| Total Telecom industry news

Portuguese operator had 2.44 million convergent RGUs at end of June.

Tags: services nos demand drives

 

Flat Panel Display revenues forecast to fall in 2015

2015-07-28 15:00:35| Digital TV News

Led by declining thin-film-transistor liquid-crystal display (TFT LCD) revenues, global flat panel display (FPD) industry revenue is forecast to fall 2 percent, from $131.4 billion in 2014 to $129 billion in 2015, according to IHS (NYSE: IHS).

Tags: display fall panel flat

 

Distribution Encoder market revenues to decline 21% by 2020

2015-07-28 13:30:29| Digital TV News

According to Futuresource Consulting, the broadcast (linear) encoder markets are due to decline over the next five years. Revenues are expected to decline by 21% in the distribution market and by 10% in the contribution market.

Tags: market distribution decline revenues

 

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