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Altice Europe Q2 revenues fall 5%, EBITDA down 10%

2018-08-02 08:46:00| Telecompaper Headlines

(Telecompaper) Altice Europe said it's making progress on its turnaround plans, but reported a further fall in results for the second quarter. Revenues dropped 4.8 percent to EUR 3.48 billion, and adjusted EBITDA was down 10.3 percent to EUR 1.32 billion. The margin fell to 37.8 percent from 40.1 percent a year ago. 

Tags: down fall europe revenues

 

Apple quarterly revenues up 17%, led by services growth

2018-07-31 23:13:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues of USD 53.3 billion for its fiscal third quarter to June, up 17 percent from a year earlier and near the top of its guidance. The company's net profit jumped to USD 11.5 billion from USD 8.7 billion over the same period.

Tags: services led growth apple

 
 

Samsung Q2 revenues fall on weaker-than-expected demand for S9

2018-07-31 08:35:00| Telecompaper Headlines

(Telecompaper) Samsung reported second-quarter results in line with guidance but lower year-on-year and quarter-on-quarter. The company was especially hit by weaker-than-expected sales for its Galaxy S9, which it tried to compensate with higher marketing expenses. Samsung said conditions are likely to remain tough for the second half, as customers look for higher specifications on the one hand and cheaper prices on the other. In order to respond to these desires, the company will for the higher end conduct an early launch of the new Note model while for the low to mid-range, it will look to add new features and push cost effectiveness.

Tags: fall samsung demand revenues

 

Huawei brushes aside security allegations as revenues surge by 15%

2018-07-31 02:00:00| Total Telecom industry news

Huawei has announced a 15 per cent year on year growth in its revenues, as growth in its Carrier, Enterprise, Consumer and Cloud business units kept the Chinese tech giant on course for serious growth. Huawei's total revenues stood at 325…read more on TotalTele.com »

Tags: by security revenues surge

 

Ooredoo looks to developing markets to halt slump in revenues

2018-07-30 02:00:00| Total Telecom industry news

Qatar based telco Ooredoo has seen revenues drop by 6 per cent, as the company experiences a contraction in its overseas business units in Indonesia and Algeria. Group EBIDTA also shrank by around 10 per cent in the first half of 2018…read more on TotalTele.com »

Tags: developing markets revenues halt

 

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