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Spotify grows to 170 mln users in Q1, revenues up 26%
2018-05-03 08:29:00| Telecompaper Headlines
(Telecompaper) Spotify ended the first quarter with a total of 170 million monthly active users, up 30 percent from a year earlier. Ad-supported users increased 21 percent to 99 million, driven by recent expansion in Asia, and paid subscribers rose 45 percent to 75 million, helped by extended trial periods in certain markets to drive conversion.
T-Mobile US improves FY outlook after adding 1.4 mln customers in Q1
2018-05-02 08:34:00| Telecompaper Headlines
(Telecompaper) T-Mobile US increased its outlook for full-year growth after solid results in the first quarter. The company added a net 1.0 million postpaid customers in Q1 and said it expects to grow by 2.6-3.3 million over the full year, up from a forecast in February for growth of 2-3 million in 2018.
Tags: in
customers
adding
outlook
Reliance Jio accelerates customer growth to 26.5 mln net additions in Q1
2018-04-30 14:05:00| Telecompaper Headlines
(Telecompaper) Indian mobile operator Reliance Jio reported continued strong growth in its fiscal fourth quarter to March, adding a net 26.5 million new customers for a total 186.6 million. That's up from 21.5 million net additions in the previous quarter. The company also claims it's the biggest mobile data provider in the country, with nearly all its customers using mobile internet.
Tags: net
customer
growth
additions
NextGenTel agrees to sell Kvantel to Broadnet for NOK 250 mln
2018-04-27 11:55:00| Telecompaper Headlines
(Telecompaper) NextGenTel Holding said that it has agreed to sell its datacom provider Kvantel to Broadnet for NOK 250 million, even though it has a growth strategy for the corporate market. Kvantel generated NOK 210.6 million in revenues in 2017. It said Broadnet made it an attractive offer that will provide NextGenTel with significant liquidity, increasing its flexibility both financially and strategically in a changing telecoms market.
Altaba fined USD 35 mln by SEC for late Yahoo data breach disclosure
2018-04-25 08:27:00| Telecompaper Headlines
(Telecompaper) The US Securities and Exchange Commission has fined Altaba, the company formerly known as Yahoo!, USD 35 million for failing to disclose the major personal data breach on its site and misleading investors.
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