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Tag: revenues
Bharti Airtel reports strong Q4 with revenues up 8.4%
2016-04-28 12:25:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported a strong final quarter to its fiscal year, with revenues up 8.4 percent year-on-year to INR 249.6 billion (USD 3.69 billion). Excluding the impact of cuts to termination rates and the sale of its mobile towers in Africa, revenues rose 10.1 percent annually, led by a 43.7 percent rise in mobile data revenue to INR 44.3 billion. EBITDA increased 14.1 percent to INR 91.9 billion, and the EBITDA margin expanded by 1.8 percent to 36.8 percent, driven by improvement in India. EBIT rose a slower 1.1 percent to INR 43.2 billion due to higher spectrum amotisation in India. Lower forex losses helped offset higher interest expenses, leading to a rise in net profit to INR 12.9 billion from INR 12.6 billion a year ago.
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Facebook Q1 revenues grow 52% to USD 5.4 billion
2016-04-28 08:12:00| Telecompaper Headlines
(Telecompaper) Facebook reported first-quarter revenues up 52 percent year-on-year to USD 5.4 billion. EBIT roughly doubled to USD 2.0 billion, and the net profit nearly tripled to USD 1.5 billion. The number of active monthly users on the social network rose to 1.65 billion from 1.44 billion a year ago, with mobile users reaching 1.51 billion. Average revenue per user was the highest in North America at USD 12.43 per month, followed by Europe at USD 3.98 and Asia at USD 1.56. Facebook also announced plans to issue a new class of 'C' shares. These will be issued to A and B shareholders at a ratio of two for one.
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Global pay TV revenues to peak in 2018
2016-04-27 08:10:05| Digital TV News
Global pay TV revenues will only grow by $99 million between 2015 and 2021 to $205.92 billion; having peaked in 2018. This follows 19.5% growth between 2010 and 2015, according to the Digital TV Research.
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Verizon revenues creep up, IoT contribution grows
2016-04-22 02:00:00| Total Telecom industry news
U.S. operator records 640,000 postpaid net additions in first three months of 2016.
Tags: contribution
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Yahoo! posts Q1 loss on 11% lower revenues
2016-04-20 08:20:00| Telecompaper Headlines
(Telecompaper) Yahoo! reported a net loss of USD 99 million or 10 cents a share for the first quarter, compared to a profit of USD 21 million or 2 cents a share a year ago. Revenues fell to USD 1.087 billion, and adjusted operating profit plunged to USD 7 million from USD 80 million. The company said the results were near the high end of its expectations and it was making progress on its initiatives to reduce costs and stimulate growth. Yahoo provided little information on its ongoing strategic review, saying only that it was a "top priority". According to CEO Marissa Mayer: "we have made substantial progress towards potential strategic alternatives for Yahoo. Our board, our management team, and I are completely aligned on this top priority for shareholders."
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