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Kabel Deutschland FY revenues up 6.3% on broadband expansion

2015-05-18 12:46:00| Telecompaper Headlines

(Telecompaper) Kabel Deutschland reported revenues for its fiscal year to March up 6.3 percent to EUR 2.02 billion. Growth was driven by almost half a million new internet customers, as well as a 7.2 percent rise in ARPU to EUR 18.34. Adjusted EBITDA rose 3.3 percent to EUR 939 million, giving an EBITDA margin of 46.5 percent. The net result turned to a profit of EUR 239 million versus a loss of EUR 68 million a year ago. The German cable operator, a subsidiary of Vodafone, invested EUR 571 million, or 28.3 percent of revenues in capital equipment last year, plus another EUR 132 million on its Alpha project. Around two-thirds of the capex was success-based, due to customer growth. This left the company with annual operating cash flow of EUR 236 million in 2014. Kabel Deutschland forecast further growth in the new fiscal year, on continued growth in broadband and telephony customers and upselling of premium TV products. The company expects mid to high single-digit growth in revenue and adjusted EBITDA and an increase in operating cash flow to over EUR 300 million. 

Tags: deutschland expansion revenues broadband

 

Eircom names new execs as revenues slide

2015-05-18 02:00:00| Total Telecom industry news

Irish telco at 'an inflection point', CEO Moat says, as turnover falls by 1% in Q3.

Tags: names slide revenues execs

 
 

Cisco Q3 revenues up 5.1%, net profit grows 11.7%

2015-05-14 08:31:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal third quarter to April of USD 12.1 billion, up 5.1 percent from a year earlier. The data centre segment showed the strongest growth, with revenues up 21 percent to USD 801 million. Wireless sales rose by 9 percent to USD 611 million, security was up 14 percent to USD 412 million, and collaboration products increased revenue 7 percent to USD 973 million. Cisco's main products, switches and routers grew revenue by respectively 6 and 4 percent in Q3. The company's gross margin reached 62.5 percent, down slightly from 62.7 a year ago. Net profit rose 11.7 percent year-on-year to USD 2.4 billion or 47 cents a share. Operating cash flow fell to USD 3.0 billion from USD 3.2 billion a year ago, and Cisco ended the quarter with total cash of USD 54.4 billion, up from USD 53.0 billion at the end of 2014. The company reported product orders up 2 percent year-on-year in the quarter, led by by 7 percent growth in the enterprise and public sector markets and a 6 percent increase in the commercial sector. The service provider remained weak, with orders down 2 percent from a year earlier. Cisco said the US enterprise and public sector orders were particularly strong, growing respectively 21 and 10 percent. Orders in the EMEA region grew just 2 percent, and the APJC region returned to growth, with a 1 percent increase. 

Tags: net profit revenues cisco

 

Vimpelcom Q1 revenues fall 30% on stronger dollar

2015-05-13 08:47:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported a sharp fall in first-quarter results, hurt by the stronger dollar. Revenues fell 30 percent to USD 3.515 billion, and EBITDA dropped 33 percent to USD 1.396 billion. On an organic basis, excluding the currency impact, service revenue fell 2 percent, with Russia stable, Italy down 5 percent, Algeria falling 11 percent, Pakistan down 4 percent, Ukraine up 5 percent and Bangladesh growing 10 percent. Net profit improved to USD 184 million from USD 38 million a year ago. Vimpelcom reduced capital expenditure by 44 percent to USD 407 million, and operating cash flow was down 27 percent to USD 989 million. The company's net debt ratio was stable at 2.4 times EBITDA. Vimpelcom said the results were in line with expectations with most of businesses performing in line with or better than their local markets. The stronger fall in EBITDA was mainly a result of the delayed launch of 3G services in Algeria and continued market weakness in Italy. This was partly offset by service revenue growth in Bangladesh and Ukraine. The mobile customer base grew 2 percent year-on-year to 218.1 million at the end of March. Vimpelcom maintained its full-year outlook and the new CEO Jean-Yves Charlier said he will update the market on the group's strategy at the next quarterly report in August. 

Tags: fall dollar stronger revenues

 

Satellite TV revenues to overtake cable in 2015

2015-05-13 08:20:57| Digital TV News

Satellite TV revenues will overtake total cable TV revenues in 2015, according to Digital TV Research. Satellite TV accounted for 44% of total revenue in 2014, rising to 46% by 2020. Cable will drop from 46% to 40% over the same period.

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