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Manchester United revenues slip on fewer home games

2018-11-15 14:45:34| BBC News | Business | UK Edition

The club said sales of matchday tickets and merchandise fell in the first quarter of the year.

Tags: home games united fewer

 

Iliad posts group revenues up 1.7% in Q3, as French customer losses continue

2018-11-14 10:35:00| Telecompaper Headlines

(Telecompaper) Iliad reported revenues of EUR 1.24 billion for the third quarter, up 1.7 percent year-on-year. This progression reflected the revenue contribution of EUR 46 million from its Italian business (launched at the end of May), which more than offset a drop in French revenues, down by EUR 25 million for a total of EUR 1.19 billion. In France, performance continued to be negatively impacted by the ongoing decline in fixed line revenues, down 3.8 percent to EUR 654 million, while the mobile segment was broadly flat (+0.2%).

Tags: group customer posts continue

 
 

Vodafone posts H1 loss on impairment charges, revenues fall 5.5%

2018-11-13 08:25:00| Telecompaper Headlines

(Telecompaper) Vodafone reported a net loss of EUR 7.8 billion for its fiscal first half to September, after a loss on the merger of its Indian operations with Idea Cellular and impairment charges on operations in Spain and Romania. Group revenue declined by 5.5 percent to EUR 21.8 billion, hurt by forex and accounting effects and tougher competition in Spain and Italy. The new CEO Nick Read presented his strategy to return the company to growth, including cost efficiencies, convergence and a possible spin-off of tower assets in Europe. 

Tags: posts fall loss charges

 

Global SVOD revenues climb to $35 billion

2018-11-12 09:00:27| Digital TV News

Global SVOD revenues will reach $35.04 billion in 2018. Thats $10 billion more than the 2017 total and more than triple the 2015 total. Digital TV Research expects 474 million SVOD subscriptions globally by end-2018.

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Telecom Italia 9-mth revenues down 3%, won't meet FY debt target

2018-11-09 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported consolidated revenues of EUR 14.2 billion in the 9 months to 30 September, up 1.1 percent year-on-year on an organic basis but down 3.1 percent on a comparable basis, hurt by regulatory impacts including a return to monthly billing in Italy, a weakening of the exchange rate in Brazil and an adverse competitive impact at home. The company said comparable earnings before interest, tax, depreciation and amortization (EBITDA) in the first nine months fell 2.9 percent to EUR 6.03 billion (up 0.4% organically), while adjusted net financial debt stood at EUR 25.19 billion at the end of September. As a result of these factors and a possible domestic fine of EUR 74.3 million imposed on the phone group after the Italian government activated the so-called "golden power" rule, TIM announced that it is no longer able to reaffirm its net debt to core earnings target for the end of the year.

Tags: meet target italia debt

 

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