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Tag: revenues
Piracy clampdown boosts Middle East & North Africa pay TV revenues
2013-03-06 18:56:10| Digital TV News
The number of pay TV homes in the Middle East and North Africa will double between 2011 and 2018 to 16.0 million, according to a report from Digital TV Research. The report forecasts that fewer than 15% of TV households (analog and digital) legitimately paid for TV signals by end-2012. This proportion will climb to 21.6% by 2018.
Millicom targets annual revenues of USD 9 billion in 5 yrs
2013-03-06 11:25:00| Telecompaper Headlines
(Telecompaper) Millicom has disclosed its strategy to grow revenues over five years to over USD 9 billion annually. Millicom plans to focus on widening its portfolio of digital services in emerging markets such as Africa and Latin America. The company outlined five pillars on which its future direction will rest, nemly mobile, mobile financial services (MFS), broadband cable and TV, digital commerce & services, and cost and capex optimization.
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Vimpelcom revenues up 1% in Q4, EBITDA improves 10%
2013-03-06 09:19:00| Telecompaper Headlines
(Telecompaper) Vimpelcom reported a slowdown in revenue growth in the fourth quarter, with sales up just 1 percent year-on-year to USD 5.95 billion. Sales in its home market Russia were up 4 percent to USD 2.37 billion, but its Europe and North America division, which includes Italian operator Wind, posted sales down 8 percent to USD 1.78 billion. Excluding currency effects, revenues were up 3 percent. Group EBITDA was still up 10 percent to USD 2.45 billion, helped by lower provisions, and the net result improved to a profit of USD 801 million versus a loss of USD 381 million in Q4 2011. Capex was down 56 percent from a year earlier to USD 1.63 billion, and operating cash flow rose 24 percent to USD 2.30 billion. Vimpelcom said its board will decide on a new dividend policy in Q2, when it also expects to announce the final dividend for 2012 and a possible extraordinary dividend from the proceeds of a conversion. The company reiterated its targets for 2013-2105 for revenue and EBITDA CAGR of around mid-single digit, net debt of less than 2 times EBITDA in 2015 and capex excluding licences below 15 percent of revenues by the end of the period.
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Video Hardware Infrastructure Revenues to Reach $3.8 Billion by 2017 as Consolidation Gathers Pace
2013-03-01 20:00:55| Digital TV News
According to ABI Research, the infrastructure video equipment market will reach $3.8 billion dollars in 2017, up from $2.8 billion in 2012. Video encoders represent the fasted growing sub segment, growing over 10% annually, compared to 6% for the market as a whole.
Tags: video
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Founder's Day to spur hospitality revenues
2013-03-01 11:57:46| Steel - Topix.net
The Jamshedpur Hoteliers' Association, an umbrella association of over 60 hotel owners, on Thursday said they would tie up with various travel operators to provide package tours to around 4,000 visitors expected to make their way to the city for the March 2-5 celebrations to mark the birth anniversary of Jamsetji Tata on March 3. Sources at Tata ... (more)
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