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Tag: revenues
Palo Alto names top Softbank and Google exec as its new CEO, posts record revenues for Q3
2018-06-03 11:12:00| Telecompaper Headlines
(Telecompaper) Palo Alto Networks has appointed a former Softbank and Google top executive as its new CEO and chairman of the board. Nikesh Arora was previously the president and COO at Softbank and chief business officer at Google. He will succeed Mark McLaughlin, who will transition to the role of vice chairman of the board.
Telecom Italia revenues down 1.6% in Q1 on Brazil decline, regulatory fines
2018-05-17 08:36:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported a 1.6 percent year-on-year decline in revenues to EUR 4.74 billion in the first quarter, hit by falling sales at its TIM Brasil unit and provisions made for a domestic fine of EUR 74.3 million imposed on the phone group after the Italian government activated the so-called "golden power" rule last October to scale back Vivendi's influence. The company's EBITDA for the quarter fell 4.9 percent year on year to EUR 1.89 billion with a margin of 39.9 percent, down 1.4 percentage points year on year. On an organic basis, excluding exchange rate effects and non-recurring components, revenues were up 2.7 percent in the first three months of the year, with EBITDA rising 1.8 percent, boosted by a 1.7 percent rise in domestic sales. The group's adjusted net debt came to EUR 25.54 billion at the end of Q1, some EUR 229 million higher than the Q4 result, with capex falling to EUR 660 million from EUR 831 million in Q1 2017.
Tags: italia
brazil
regulatory
telecom
OTT video services revenues to grow to $51.4 billion in 2022
2018-05-14 19:30:21| Digital TV News
The growth of subscription OTT services has been driving the changing trends in the Pay-TV landscape. OTT video services have attracted hundreds of millions of subscribers worldwide, causing pressure on traditional Pay-TV operators, according to ABI Research.
Tags: services
video
grow
billion
Veon organic revenues rise but net loss widens in Q1
2018-05-14 09:12:00| Telecompaper Headlines
(Telecompaper) Total revenues dipped 1.4 percent lower from the year before to USD 2.250 billion, hurt by the devaluation of the Uzbek and Pakistani currencies. Organically, revenues lifted 3.2 percent, driven by operations in Russia, Pakistan, Ukraine and Uzbekistan, partially offset by continued weakness in Algeria and Bangladesh. Revenues from mobile data meanwhile jumped almost 16 percent to USD 505 million. Total mobile customer numbers, excluding the company's Italian joint venture, advanced 1.8 percent year-on-year to 210 million.
Liberty Global revenues up 4.2% in Q1 as subscriber growth slows
2018-05-09 07:41:00| Telecompaper Headlines
(Telecompaper) Liberty Global saw its revenue growth improve in the first quarter, thanks to a strong performance in Germany and the UK. On an organic basis, revenue rose 4.2 percent year-on-year to USD 4.2 billion, and operating cash flow was up 4.7 percent to USD 1.9 billion. The cable company maintained its outlook for OCF organic growth of around 5 percent over the full year.
Tags: global
growth
revenues
subscriber
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