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Apple hits record revenues per visitor, says analyst

2013-05-20 14:58:00| CNET News.com

For the first quarter, Apple stores took in $57.60 per visitor, hitting a new record, says Asymco analyst Horace Dediu. [Read more]    

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Vodacom grows FY revenues 4.5%, EBITDA up 10.9%

2013-05-20 09:01:00| Telecompaper Headlines

(Telecompaper) African mobile operator Vodacom reported revenue for the fiscal year to 31 March up 4.5 percent to ZAR 69.62 billion. Excluding the sale of Gateway Carrier Services and foreign currency impact, revenue was up 5.3 percent, and service revenue rose 2.9 percent. The Vodafone subsidiary finished the year with 51.7 million customers, and the number of data customers rose 22.5 percent to 18.5 million. EBITDA increased 10.9 percent to ZAR 25.25 billion, and the margin expanded 2.1 ppts to 36.1 percent. Headline earnings per share were up 23.0 percent to ZAR 8.72, as a result of strong operating profit growth and lower taxes. Capital expenditure rose 9.2 percent to ZAR 9.46 billion, and operating free cash flow rose 7.2 percent to ZAR 18.16 billion. Vodacom will pay a final dividend of ZAR 4.30; total dividends for the year of ZAR 7.85 are up 10.6 percent.

Tags: up revenues grows ebitda

 
 

Vimpelcom Q1 revenues flat on weak Italian market

2013-05-15 09:58:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported flat revenues for the first quarter, hurt by weaker results in its second-largest market Italy and negative currency effects. Revenues of USD 5.59 billion were up 1 percent on an organic basis and would have rose 4 percent organically if the 72 percent cut in Italian termination rates was excluded, the company said. In its home market Russia, revenues improved 4 percent to USD 2.30 billion and were up 5 percent on an organic basis, while Italian revenues fell 8 percent to USD 1.62 billion and dropped 9 percent on a comparable basis. Group EBITDA still improved 2 percent to USD 2.35 billion, and the net profit rose 28 percent to USD 408 million. Capex fell 6 percent to USD 595 million, but excludes USD 179 million for a backbone contract in Italy. Vimpelcom said it plans to accelerate capex in Russia and possibly Algeria to reach 21 percent of revenues over the full year. Operating cash flow fell 21 percent from year earlier to USD 1.27 billion, while net debt reduced to 2.3 times EBITDA from 2.6 a year ago. Vimpelcom maintained its dividend guidance and said it was on track to meet its medium-term targets.

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Iliad 1Q revenues up 38% to 907 million

2013-05-15 02:00:00| Total Telecom industry news

Free Mobile now claims a 9% share of the French mobile market.

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The accelerating internet: Performance drives revenues, user engagement

2013-05-13 13:31:07| Extremetech

A new blog post from Google's Performance engineer has broken into why Internet performance matters, even when measured in millisecond timeframes. Things are improving, and the differences matter to corporate bottom lines.

Tags: internet user performance drives

 

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