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Charter loses 112,000 TV customers in Q1, revenues still up after price hikes

2018-04-27 15:31:00| Telecompaper Headlines

(Telecompaper) US cable operator Charter Communications reported a net loss of 112,000 TV subscribers in the first quarter. It also lost 25,000 telephony customers, while gaining another 362,000 broadband subscribers. It finished March with a total 27.5 million customers, after net additions of 261,000 in Q1, down from 355,000 in the year-earlier period. 

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LG Mobile revenues down 28% in Q1 after flagship launch delayed

2018-04-26 11:06:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a sharp fall in results from its mobile phone business in the first quarter, after it delayed the launch of its next flagship phone. Revenues fell 27.7 percent year-on-year to KRW 2.16 trillion, and smartphone shipments were down 23 percent to 11.4 million. 

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Facebook beats analyst's expectations as revenues surge in Q1 2018

2018-04-26 02:00:00| Total Telecom industry news

Facebook has posted a strong set of financials for the first quarter of 2018, providing a much-needed shot in the arm for the social media giant.  Facebook saw $27 billion wiped off the value of its share price in Q1 2018 (roughly 5 per cent of the company's value)…read more on TotalTele.com »

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Qualcomm quarterly results fall, sees flat revenues, lower profit ahead

2018-04-25 23:07:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues for its fiscal second quarter to March down 13 percent year-on-year to USD 5.26 billion, in line with its outlook. Compared to the previous quarter, revenues rose 5 percent. Net earnings dropped 52 percent to USD 363 million or USD 0.24 per share, hurt by restructuring charges of USD 310 million. The chipmaker said it was making good progress with its USD 1 billion cost-reduction target and meeting its growth targets for 2019. 

Tags: results lower fall flat

 

Twitter Q1 profit beats expectations, revenues grow 21%

2018-04-25 14:52:00| Telecompaper Headlines

(Telecompaper) Twitter reported a strong start to 2018, with better-than-expected profits and a return to sequential growth in users. Revenues rose 21 percent year-on-year to USD 665 million, with the company saying sales increased across all products and geographies. Video was the fastest growing ad format and accounted for over half of ad revenues.

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