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HP quarterly revenues down 3%, maintains outlook
2013-11-27 08:59:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal fourth quarter to October of USD 29.1 billion, down 3 percent from a year earlier. Negative currency effects accounted for 2 percent of the decline. The group's earnings totaled USD 0.73 per share, reversing a loss of USD 3.49 a year ago. On an adjusted basis excluding restructuring charges, EPS fell 13 percent year-on-year to USD 1.01. Cash flow from operations declined 31 percent to USD 2.8 billion, and the company ended the period with USD 12.5 billion in cash. Over the full year, HP met its outlook with adjusted EPS of USD 3.56 versus an outlook of USD 3.53-3.57, while revenues fell 7 percent to USD 112.3 billion. Hp CEO Meg Whitman said the company ended the fiscal year "on a high note", showing its recovery was well underway. The company maintained its outlook for adjusted EPS of USD 3.55-3.75 in fiscal 2014. For the first quarter, HP expects a result of 82-86 cents.
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maintains
Telco revenues to hit $2 trillion this year
2013-11-27 01:00:00| Total Telecom industry news
Analyst firm reports 6% increase in service provider capex this year, fuelled by spending in BRICs.
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trillion
Triple-play revenues to reach $144 billion in 2018
2013-11-26 09:00:21| Digital TV News
Telcos and cable operators are investing heavily in their networks to upgrade their subscribers to bundles. These operators will reap the rewards of this investment as total subscription revenues will increase by 65% from $124 billion in 2012 to $205 billion in 2018, according to the Triple-Play Forecasts report from Digital TV Research.
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tripleplay
Global triple-play revenues to hit $144bn by 2018
2013-11-26 01:00:00| Total Telecom industry news
Research firm predicts number of subscribers to more than double over next five years.
Tags: global
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revenues
tripleplay
Belgian mobile service revenues fall 14.4% in Q3
2013-11-25 09:35:00| Telecompaper Headlines
(Telecompaper) The Belgian mobile operators recorded service revenues of EUR 757 million in the third quarter, down 14.4 percent from a year earlier, according to the latest research from Telecompaper. The lower revenues were due to a drop in voice revenues, hurt by regulatory price cuts, as well as a small decline in non-voice revenue (SMS, data). The weak economic climate and increased competition after the change in legislation to cap contracts at six months also played a role. Non-voice now accounts for around 41 percent of service revenue, up from 37 percent in Q3 2012. Non-voice revenues were still down by EUR 11 million from the year-earlier period to EUR 314 million. Compared to the second quarter, the figure was down y EUR 13 million. Mobistar's service revenues fell the most in Q3, down by 14.6 percent year-on-year. Proximus was down by 14.1 percent, and Base's revenues dropped by 13.0 percent. The number of active Sim cards on the Belgian market declined by 2.0 percent year-on-year to 12.9 million at the end of September. While there was growth in postpaid, the number of prepaid users declined more, largely due to Base disconnecting inactive prepaid customers. For the full year 2013, Telecompaper expects Belgian mobile service revenues to fall by around 12 percent to EUR 3.1 billion.
Tags: service
mobile
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revenues
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