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Obama: Oil And Gas Revenues Should Fund Alternative Energy

2013-02-13 10:00:00| OGI

Presidents long-term vision: Shift our cars and trucks off oil for good.

Tags: alternative energy gas oil

 

America Movil Q4 revenues down 1%, margins lower

2013-02-13 08:31:00| Telecompaper Headlines

(Telecompaper) America Movil reported fourth-quarter revenues down 1.1 percent to MXN 198 billion, hurt by the stronger peso. At constant exchange rates, service revenues rose 5.2 percent year-on-year and total revenues were up 5.8 percent, driven by growth in the mobile and pay-TV markets. EBITDA fell 8.0 percent to MXN 61.7 billion or 31.1 percent of sales, hurt by growth in low-margin businesses such as pay-TV and Tracfone and higher subsidies on smartphones. The net profit declined 8.2 percent to MXN 15.0 billion or MXN 0.20 per share. America Movil's net debt rose to MXN 372.2 billion at year-end from MXN 332.1 billion a year earlier due to borrowing to fund its acquisitions of stakes in KPN and Telekom Austria. Capex of MXN 130.9 billion last year was funded from operating cash flow. The company finished the year with 325.7 million access lines, 8.7 percent more than a year before. The mobile customer base grew by 5.6 million in Q4 to 261.6 million, driven by growth in Brazil, Mexico, the US and Colombia. RGUs at the fixed-line business increased by 1.4 million in the quarter to 6.3 million.

Tags: lower america revenues margins

 
 

Location-based service revenues in Europe to reach € 825 million by 2017

2013-02-11 22:36:22| Location-Based Services (LBS) Zone

Tags: service million europe reach

 

AOL Q4 revenues increase for first time in 8 years

2013-02-11 08:49:00| Telecompaper Headlines

(Telecompaper) AOL revenues in the fourth-quarter 2012 grew year-over-year for the first quarter in eight years, rising 4 percent to USD 599.5 million thanks to advertising revenue growth. Ad revenue grew 13 percent to USD 410.6 million from USD 363.8 million a year earlier, while subscription revenue declined 10 percent to USD 174.2 million. Fourth-quarter adjusted OIBDA decreased 7 percent USD 123.3 million, and operating income increased 24 percent to USD 68.2 million. Net income was up 57 percent to USD 35.7 million, and diluted EPS increased 78 percent to USD 0.41. Free cash flow in the quarter decreased 36 percent to USD 46.3 million.

Tags: in time years increase

 

Old Dominion Freight Line Meets on Revenues, Misses on EPS

2013-02-10 00:59:40| Trucking - Topix.net

The 10-second takeaway For the quarter ended Dec. 31 , Old Dominion Freight Line met expectations on revenues and missed estimates on earnings per share.

Tags: on line meets revenues

 

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