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Tag: revenues
Tele2 posts 5% growth in mobile service revenues in Q4
2014-02-07 08:54:00| Telecompaper Headlines
(Telecompaper) Tele2 forecast a return to growth in 2014, supported by an improved performance in mobile service revenues in the last quarter. For the current year, the operator targets revenues of SEK 30.0 billion, versus SEK 29.87 billion in 2013, and EBITDA of SEK 6.0 billion, up from SEK 5.99 billion last year. Overall its results showed a small drop in 2013 and the fourth quarter, but the company managed to increase mobile services revenues by 5 percent year-on-year, led by expansion in the Netherlands and Sweden. Total revenues were down 4 percent to SEK 7.57 billion, hurt by termiantion rate cuts and a continued decline in customers for fixed services. EBITDA improved slightly, up 1 percent to SEk 1.46 billion and a margin of 19 percent. EBITDA growth was held back by a chareg of SEK 35 million for job cuts in Norway. Despite losing out in the recent spectrum auction in Norway, Tele2 said it will continue to develop the business there with its existing frequencies and pursue commercial agreements for additional capacity. Tele2's net profit was down 22 percent to SEK 169 million in Q4. Capital expenditure increased to SEK 1.26 billion in the latest quarter as the group pushed ahead with network roll-outs, leading to a drop in cash flow to SEK 507 million. In 2014, the company forecast a small drop in capex to around SEK 4.5 billion from SEK 5.2 billion last year.
Starbucks hits $1B in mobile payment revenues in 2013, analysis says
2014-02-06 13:57:02| InfoWorld: Top News
According to a recent estimate, Starbucks was able to generate a staggering $1 billion in revenue from smartphone transactions used at sales terminals in its stores in 2013 largely due to the fanatical loyalty of its customers.
Tags: mobile
analysis
says
payment
Vodafone revenues down 3.6% on weak Europe, forex effects
2014-02-06 08:45:00| Telecompaper Headlines
(Telecompaper) Vodafone Group reported revenues for its fiscal third quarter to December down 3.6 percent from a year earlier to GBP 10.98 billion. On an organic basis, excluding forex effects and acquisitions, revenues were down 4.3 percent, and service revenues fell 4.8 percent to GBP 9.86 billion. The mobile operator continued to suffer from the weak economic climate in Europe, with organic service revenue falling 5.1 percent in the UK, 7.9 percent in Germany, 14.1 percent in Spain and 16.6 percent in Italy. Its emerging markets in Africa and Asia did better, growing revenues 5.5 percent on an organic basis. However, due to negative forex effects, reported revenues there were down 6.1 percent to GBP 3.22 billion. The company started already on its plans for increased investment, with capital expenditure up 20.7 percent year-on-year to GBP 1.81 billion. Free cash flow fell 14.2 percent as a result to GBP 1.03 billion. With the increased investment and growing demand for 4G services, which are now available in 13 of the company's markets, Vodafone said it's confident it can restore revenue growth. The company confirmed its guidance for the full year to March, for adjusted operating profit around GBP 5.0 billion and free cash flow GBP 4.5-5.0 billion. This excldues its 45 percent stake in Verizon Wireless, the sale of which should be completed later this month.
Tags: europe
effects
weak
revenues
Kabel Deutschland's net profit down, revenues grow 3.7%
2014-02-05 09:44:00| Telecompaper Headlines
(Telecompaper) German cable network operator Kabel Deutschland (KD) saw its revenues grow 3.7 percent year-on-year to EUR 482 million in the third quarter of its fiscal year 2013/14. The growth was driven by continued increase of broadband and fixed telephony customers. Excluding the public broadcasters carriage fees the year-on-year growth was 5.3 percent. Kabel Deutschland's quarterly EBITDA increased 4.7 percent year-on-year from EUR 220 million to EUR 231 million leading to an EBITDA margin of 47.8 percent. Kabel Deutschland reports a net profit of EUR 33 million for the quarter, down from EUR 73 million, primarily caused by tax expenses of EUR 38 million after deferred tax assets on loss carry forwards were amortized in the second quarter of fiscal Q2. The capex for the quarter amounted to EUR 149 million and the operating free cash flow was EUR 82 million.
Tags: net
profit
grow
revenues
Heartland Express, Inc. Reports Revenues and Earnings for the Fourth Quarter of 2013
2014-02-05 00:19:09| Trucking - Topix.net
For the quarter, operating revenues increased 34.6% to $183.3 million from $136.2 million in the fourth quarter of 2012.
Tags: of
reports
express
fourth
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