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Tag: revenues
Telefonica reveals 5-point plan to boost revenues by 2bn
2019-11-28 01:00:00| Total Telecom industry news
International telecoms giant, Telefonica, has unveiled a 5-point plan to streamline its business operations and generate an additional €2 billion in new revenues by 2022. In a letter to the company's shareholders, Telefonica's chairman and CEO, José María Álvarez-Pallete, said that the current competitive climate meant that the company must look to cut costs and work more efficiently where it could, if it was to reinvigorate its bottom line. “Companies that do not assume their responsibility in this new world will cease to be relevant in the short term. Executives who are not committed to the long term and sustainability are not being responsible…read more on TotalTele.com »
Tags: plan
boost
revenues
reveals
Cisco sees revenues turning lower after 2% growth in October quarter
2019-11-14 09:04:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenue from continuing operations up 2 percent to USD 13.2 billion in its fiscal first quarter to October. That was at the high end of its outlook for flat to 2 percent growth. For the current quarter, the company predicted a slowdown, with revenues down 3-5 percent year-on-year.
Tags: october
lower
growth
quarter
Vodafone Italia service revenues improve to a 3.5% decline on fixed line boost
2019-11-12 09:29:00| Telecompaper Headlines
(Telecompaper) Vodafone Italia reported organic service revenues down 3.5 percent year on year to EUR 1.23 billion in its fiscal second quarter to end-September, an improvement on a 3.8 percent decline in the previous quarter, boosted by continued strong growth in fixed line and the mitigating effects of its second brand Ho in the mobile segment.
Tags: service
line
improve
fixed
1&1 Drillisch sees increase in revenues and customers but decline in EBITDA in first 9 months
2019-11-12 09:23:00| Telecompaper Headlines
(Telecompaper) German operator 1&1 Drillisch said that in the first nine months of 2019, its revenues rose by 1.3 percent to EUR 2.75 billion from EUR 2.71 million in the same period last year. Consolidated EBITDA declined by 3.1 percent, or EUR 16.1 million, to EUR 508.7 million in the period compared with EUR 524.8 million in the first nine months of 2018.
Tags: in
first
months
increase
Telecom Italia service revenues down 5.7% in Q3 on wholesale losses and competition, cuts debt
2019-11-08 09:28:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) reported a 5.7 percent year-on-year decline in third quarter service revenues to EUR 4.06 billion compared to falls of 0.4 percent, 2.5 percent and 2.9 percent in the previous three quarters, attributed mainly to a significant reduction in international wholesale contracts, partly offset by a 3.0 percent year on year rise in revenues at its TIM Brasil unit. The group's EBITDA after leases was down 4.3 percent to EUR 1.9 billion in the three months ending September compared with the same period of last year, though the margin inched up 0.7 percentage points to 44.6 percent thanks to cost containment initiatives.
Tags: service
italia
competition
debt
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