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Tag: revenues
China Mobile H1 revenues up 10.4% on 3G expansion
2013-08-15 09:30:00| Telecompaper Headlines
(Telecompaper) China Mobile announced first-half revenues up 10.4 percent year-on-year to CNY 303.1 billion. EBITDA was up a slower 0.5 percent to CNY 123.7 billion, giving a margin of 40.8 percent, and net profit rose 1.5 percent to CNY 63.1 billion. The operator finished the quarter with 740 million customers, up 8.4 percent from a year earlier. Of the total, 137 million were using 3G services, with aroudn 50 million new users added in the six months. China Mobile reported mobile data revenues up 62 percent from a year earlier to CNY 47.4 billion, and the operator sold 66 million 3G phones in the period. The 3G network had around 361,000 base stations at the end of the period, with network utilisation at 25 percent. China Mobile said it was also starting work on building 200,000 LTE base stations across the country to cover 100 major cities. In addition it has 4.1 million Wi-Fi hotspots deployed. The operator proposed an interim dividend of HKD 1.696 per share and said it plans a full-year pay-out ratio of 43 percent of profit.
Tags: china
mobile
expansion
revenues
Crew Energy reports lower net income but higher revenues for second quarter
2013-08-13 13:06:41| Industrial Machines - Topix.net
Crew Energy Inc. shares were up about four per cent at midday Monday, gaining 19.5 cents to trade at $5.43 on the Toronto Stock Exchange.
Tags: net
second
reports
lower
Sina posts Q2 net loss while revenues grow 20%
2013-08-13 03:28:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Sina grew net revenues 20 percent in the second quarter to USD 157.5 million from USD 131.6 million in the year-ago quarter. Advertising revenues were USD 120.6 million, up 17 percent year-on-year, and non-advertising revenues grew 30 percent to USD 36.9 million. Sina posted a net loss of USD 11.5 million, as the period included a one-off charge of USD 27.1 million in connection with the investment from Alibaba in Weibo. In Q2 2012, Sina posted a net income of USD 33.2 million. In April this year, Alibaba acquired an 18 percent stake in Sina's microblogging service Weibo for USD 586 million.
Magnum Hunters Revenues Soar
2013-08-09 19:15:00| OGI
Total revenue increased 98% to $84.0 million for the second quarter of 2013, as compared to total revenue of $42.5 million for the second quarter of 2012.
Tags: revenues
hunters
magnum
soar
Deutsche Telekom Q2 revenues up 5.4% on US expansion
2013-08-08 08:11:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has lowered its full-year outlook as the company plans to spend more to win new customers in the US. After a strong second quarter with 668,000 new postpaid customers at T-Mobile USA, the company said it now aims for 1-2 million additions over the full year, rather than the previous target of a stable customer base. The extra customer acquisition costs mean a reduction in the adjusted EBITDA outlook for 2013 to EUR 17.5 billion, from EUR 18 billion previously, and the free cash flow guidance falls to EUR 4.5 billion from EUR 5 billion. The growth in the US and the acquisition of MetroPCS from 01 May helped second-quarter revenues increase 5.4 percent from a year earlier to EUR 15.2 billion. On an organic basis, revenue was up 2.1 percent. In Germany, sales fell 0.8 percent to EUR 5.6 billion, and in the rest of Europe, revenue dropped 4.5 percent to EUR 3.4 billion, mainly due to cuts in mobile termination rates. Adjusted EBITDA for the group fell 6.0 percent to EUR 4.4 billion due to the higher spending in the US. DT increased capex 35 percent in Q2 to EUR 2.2 billion, mainly due to accelerated roll-out of the US network. Free cash flow fell 33.5 percent to EUR 1.1 billion. Net profit for the quarter was up 10.0 percent to EUR 530 million thanks to fewer one-time charges.
Tags: us
deutsche
expansion
revenues
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