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Tag: revenues
Millicom revenues up 5% YoY, sheds 400,000 mobile clients in Q1
2020-04-30 15:05:00| Telecompaper Headlines
(Telecompaper) Millicom reported revenues up 5.1 percent to USD 1.50 billion in the first quarter of 2020, aided by recent acquisitions in Panama (Cable Onda) and Nicaragua (Telefonica) but impacted by weaker foreign currency and the early effects of the coronavirus pandemic. The company said Covi-19 lockdowns adversely affected operational and financial performance in many of its markets beginning in mid-March, and early signs suggested service revenue could be down "between 6 percent and 7 percent organically" in April. As a result, it predicted that operating and financial performance in Q2 and for the full year 2020 would be "materially weaker" than previously expected.
Tags: mobile
clients
revenues
q1
Swisscom sees drop in revenues, EBITDA, minimal impact of Covid-19 crisis in Q1
2020-04-30 09:23:00| Telecompaper Headlines
(Telecompaper) Swisscom said that its revenues decreased by 4.3 percent year-on-year in Q1 2020 to CHF 2.73 billion, in line with expectations, and with minimal impact of the Covid-19 crisis on its financial results for the period. EBITDA fell 0.7 percent to CHF 1.11 billion. In the Swiss market, the company saw a 4.4 percent decline in revenues to CHF 2.07 billion in the first quarter, with revenues in the telecommunication services down by CHF 72 million amid persistent competitive and price pressure in various segments.
Tags: impact
drop
crisis
minimal
Advanced TV revenues to reach $26bn by 2025
2020-04-27 13:00:30| Digital TV News
Advanced TV revenues are forecast to grow at a 9% rate from 2019 to 2025 to $26 billion, according to DSCC. Advanced TV is any TV with advanced display technology, including OLED TVs, 8K LCD TVs and LCD TVs with quantum dot technology.
Tags: advanced
reach
revenues
revenues reach
China Mobile Q1 customer numbers, revenues, profit fall amid virus pandemic
2020-04-20 14:18:00| Telecompaper Headlines
(Telecompaper) Preliminary operating revenues for the quarter fell 2 percent from the year before to CNY 181.3 billion, impacted by measures taken during the coronavirus (covid-19) pandemic and despite service revenue rising 1.8 percent to CNY 168.9 billion. Revenue from the sale of products and others was down 34.9 percent to CNY 12.4 billion, mainly due to lower handset and IoT device sales amid the virus hit. Meanwhile, EBITDA slipped 5.8 percent to CNY 68.5 billion while the profit attributable to shareholders dipped 0.8 percent lower to RMB 23.5 billion.
Tags: customer
china
mobile
fall
Developed telecom markets to show 3.4% fall in revenues in 2020 due to Covid-19 crisis
2020-04-16 09:08:00| Telecompaper Headlines
(Telecompaper) Telecom operator revenues in developed markets will fall 3.4 percent this year due to the Covid-19 crisis, according to a new report from Analysys Mason. The market is expected to return to growth of 0.8 percent in 2021.
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