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Telenor underlying revenues up 1% in Q1, margins improve after cost cutting

2018-04-24 09:25:00| Telecompaper Headlines

(Telecompaper) Telenor reported underlying service revenues up 1 percent in the first quarter, in line with its full-year outlook for 1-2 percent growth in traffic and subscription revenue. growth was led by Grameenphone in Bangladesh, as well as Malaysia's Digi and the Scandinavian operations. Total reported revenues fell by 2 percent to NOK 27.1 billion due to negative currency effects. The adjusted EBITDA margin was up 4 percent points from a year ago to 41.7 percent, thanks to cost efficiency efforts. 

Tags: cost improve cutting underlying

 

Alphabet revenues jump 26% in Q1, helped by new accounting rules, currency effects

2018-04-24 08:44:00| Telecompaper Headlines

(Telecompaper) Google parent company Alphabet said revenues for the first quarter jumped 26 percent from the year before to USD 31.15 billion, helped by currency fluctuations. On a constant currency basis, revenues went up 23 percent in the quarter. The net profit leaped to USD 9.40 billion from 5.42 billion, with diluted earnings per share rising to USD 13.33 from 7.73, helped by new accounting standards, which change how companies report equity investments. Without these changes, the net profit would have reached USD 7 billion and diluted EPS around USD 9.93. 

Tags: jump rules effects accounting

 
 

Revenues at top 10 pay TV operators to drop $20 billion

2018-04-23 09:30:04| Digital TV News

Despite adding 84 million subscribers between 2017 and 2023, subscription and PPV revenues for the worlds top 517 pay TV operators will fall by $18 billion to $183 billion, according to Digital TV Research.

Tags: top pay drop billion

 

Premier League club revenues soar to 4.5bn

2018-04-20 01:00:55| BBC News | Business | UK Edition

England's top 20 teams posted record revenues and also bounced back into profit in the 2016-17 season.

Tags: club premier league revenues

 

Global pay-TV revenues to fall 11% by 2023 - study

2018-04-16 12:02:00| Telecompaper Headlines

(Telecompaper) Global pay-TV revenues are set to plummet by 11 percent to USD 183 billion by 2023 after reaching a peak of USD 205 billion in 2016, according to the latest study by Digital TV Research, covering 138 countries. The decline in revenues over the next 5 years will be due above all to more and more homes converting to bundles and will come in spite of an expected 9 percent rise in the number of pay-TV subscribers by 2023, said the report.

Tags: study global fall revenues

 

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