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HTC posts Q1 profit, revenues up in line with outlook

2015-04-07 08:45:00| Telecompaper Headlines

(Telecompaper) HTC reported first-quarter net profit of TWD 0.36 billion, reversing a loss of TWD 1.88 billion a year earlier. The smartphone maker's revenues rose to TWD 41.52 billion from TWD 33 billion a year ago, just meeting its outlook for sales of TWD 41.5-45 billion in the quarter. According to the preliminary figures, operating profit improved to TWD 0.02 billion compared to a loss of TWD 1.88 billion in Q1 2014. A full quarterly report will be released at a late date. 

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Digital pay TV revenues rocket in Eastern Europe

2015-03-31 08:16:52| Digital TV News

Despite the incessant gloomy economic and political news from the region, pay TV revenues in Eastern Europe will be 45% higher in 2020 ($7,269 million) than in 2010 ($5,029 million), according to Digital TV Research.

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BlackBerry returns to profit despite lower revenues in Q4

2015-03-27 13:25:00| Telecompaper Headlines

(Telecompaper) BlackBerry said revenues for its fourth quarter to 28 February fell to USD 660 million from 3.3 billion the year before, including negative forex effects of USD 12 million. Hardware contributed 42 percent to revenues, services accounted for another 47 percent and software for 10 percent. Hardware revenue was recognised on 1.3 million BlackBerry smartphones. The company sold a total of 1.6 million smartphones to end customers. The net profit went to USD 28 million or USD 0.05 per share, from a loss the year earlier of 304 million or 0.58 per share. The non-GAAP net profit reached USD 20 million or USD 0.04 per share. At the end of fiscal Q4, the company had total cash, cash equivalents, short-term and long-term investments of USD 3.27 billion, up by USD 156 million from the previous quarter. Going forward, Blackberry expects to maintain its strong cash position. As it expands distribution capability, the company continues to target sustainable non-GAAP profitability some time in fiscal 2016.

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North America's traditional pay TV revenues to fall by 11.7%

2015-03-23 08:50:04| Digital TV News

Pay TV revenues in North America peaked in 2013 at $102.86 billion, according to a report from Digital TV Research. The report forecasts that revenues will fall by 11.7% or $12.04 billion between 2014 and 2020 to $90.71 billion in 2020.

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China Telecom revenues, profit almost flat in 2014

2015-03-18 10:13:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 324.3 billion for the year ended 31 December 2014, which represents an increase of 0.9 percent compared to 2013. Service revenues amounted to CNY 287.3 billion, up by 3.1 percent year-on-year. EBITDA rose to CNY 94.8 billion, while the EBITDA margin stood at 33 percent. Profit slightly increased by 0.8 percent to CNY 17.6 billion in 2014, while basic earnings per share amounted to CNY 0.22. Capital expenditure amounted to CNY 76.9 billion, while free cash flow was CNY 12.5 billion.

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