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Tag: revenues
U.S. virtual reality revenues to reach $38 billion in 2026
2016-11-02 19:30:22| Digital TV News
The global virtual reality industry will experience very modest growth during the next two years, according to Greenlight Insights. Greenlight believes that total U.S. VR revenues will be in an 'inflexion zone' for the next five years, and then reach $38 billion in annual revenues in 2026.
Tags: reach
virtual
reality
billion
LG mobile revenues fall 23% in Q3, shipments down 9%
2016-10-27 08:47:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported sales from its mobile phone business down 23 percent year-on-year in the third quarter to KRW 2.52 trillion (USD 2.3 billion). The company blamed the lower sales on a weak performance for top models like the G5 and price pressure in the smartphone market. Total smartphone shipments fell 9 percent year-on-year and were 3 percent lower versus Q2 at 13.5 million. The lower sales of premium devices and costs for restructuring led to a quarterly operating loss of KRW 436.4 billion in mobile.
Tags: mobile
fall
revenues
shipments
Telenor Q3 loss widens on writedowns, revenues still growing
2016-10-26 08:45:00| Telecompaper Headlines
(Telecompaper) Telenor saw its net loss for the third quarter widen to NOK 4.82 billion from NOK 1.77 billion a year ago, after writedowns on operations in India and stake in Vimpelcom. The company took an impairment charge of NOK 4 billion on its Indian licences after the recent spectrum auction there, while the Vimpelcom stake suffered total writedowns of NOK 2.4 billion after Telenor sold part of its shares in the Russian operator during the quarter. Telenor still reported a small increase in underlying results. Revenues rose to NOK 32.79 billion from NOK 31.84 billion a year earlier, with organic growth of 1.8 percent. EBITDA increased to NOK 12.46 billion from NOK 11.85 billion, and the margin increased to 38.0 percent from 37.2.
Tags: still
loss
growing
revenues
Audiovisual media revenues in Germany to pass 11bn this year
2016-10-24 11:00:35| Digital TV News
This year, Germanys audiovisual media will for the first time generate more than 11 billion euros in revenue. Across all the industrys market segments, VPRT is forecasting revenue growth of 6.2 percent.
Tele2 Q3 grows revenues but profit hit by Dutch impairment
2016-10-20 10:00:00| Telecompaper Headlines
(Telecompaper) Tele2 reported third quarter revenues up slightly to SEK 6.961 billion from 6.791 billion the year before, driven by growth in Sweden, the Netherlands, Kazakhstan and the Baltics. Group mobile end-user service revenue lifted 6 percent, with record revenue in Sweden. Group EBITDA slid to SEK 1.562 billion from 1.599 billion, with the margin off to 22 percent from 24 percent, affected by costs associated with the commercial push in the Netherlands following the launch of LTE there. The net result went to a loss of SEK 2.266 billion from a gain of 397 million, hit by an impairment of goodwill in the Netherlands.
Tags: hit
profit
dutch
revenues
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