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China Telecom grows Q1 revenues 15%

2013-04-29 04:02:00| Telecompaper Headlines

(Telecompaper) China Telecom posted a first quarter profit of CNY 4.70 billion, up 10 percent from CNY 4.27 billion a year earlier. Operating revenues grew 14.6 percent to CNY 77.82 billion from CNY 67.93 billion and operating revenues excluding mobile terminal sales were CNY 68.58 billion, up 10.1 percent year-on-year. China Telecom's first quarter EBITDA stood at CNY 24.93 billion, up 35.5 percent, and the EBITDA margin was 36.3 percent, representing an increase of 6.8 percentage points. The company ended the quarter with 168.03 mobile subscribers, after gaining 7.41 million new subscribers in the quarter. The total includes 78.07 million 3G customers. Fixed broadband subscribers grew by 3.06 million to 93.18 million but the number of local access lines in service fell by 1.30 million in the quarter to 161.70 million.

Tags: china telecom revenues grows

 

Deckers Outdoor posts record revenues in Q1

2013-04-26 14:00:34| Footwear - Topix.net

Net sales increased 7.1% to a record $263.8 million compared to $246.3 million for the same period last year.

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Alcatel-Lucent reports loss on flat revenues in Q1

2013-04-26 09:00:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent reported revenue up 0.6 percent to EUR 3.23 billion in the first quarter, compared to EUR 3.21 billion in the year-earlier period. Sales in North America increased 15.1 percent to EUR 1.55 billion, offsetting decreases of 10.1 percent to EUR 771 million in Europe, 5.8 percent to EUR 467 million in Asia-Pacific and 13.3 percent to EUR 443 million in the rest of the world. Alcatel made a EUR 202 million operating loss in the first quarter, compared to a EUR 290 million operating loss in the first quarter of 2012. The company reported a EUR 353 million net loss, after EUR 122 million of restructuring charges and a EUR 152 million financial loss, compared to a EUR 259 million net profit in the first quarter of 2012. CEO Michel Combes said the first quarter results reflected encouraging trends in the marketplace and good progress with its Performance Programme. The group is reviewing its businesses and operating model to design the conditions for value creation in the future. The outcome of the review will be announced in early summer.

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China Mobile profits flat in Q1, revenues up 5.7%

2013-04-22 14:12:00| Telecompaper Headlines

(Telecompaper) China Mobile reported first-quarter revenues up 5.7 percent year-on-year to CNY 134.7 billion. EBITDA rose a slower 0.8 percent to CNY 61.2 billion, and net profit was up just 0.3 percent to CNY 27.9 billion. The operator added a net 16.01 million new customers in the quarter, for a total 726.31 million at the end of March. The 3G base grew by 26.44 million customers to 114.37 million. ARPU fell to CNY 63 per month from CNY 71 in the year-earlier period, amid a rise in customers with multiple Sim cards and a drop in average minutes per customer to 488 per month from 503. The expansion in 3G users helped mobile data traffic grow to a total 103.4 billion MB from 89.7 billion a year ago, and SMS also continued to increase, to 192.7 billion messages versus 182.6 billion a year earlier.

Tags: up china mobile flat

 

Eurostar sees rise in revenues

2013-04-18 11:54:38| BBC News | Business | UK Edition

Eurostar says promotional campaigns meant leisure bookings helped to offset a fall in business travel during the first three months of this year.

Tags: rise sees revenues eurostar

 

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