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Tag: mln
Dutch fixed telephony market stabilizes at 6.28 mln lines
2015-08-30 14:00:00| Telecompaper Headlines
(Telecompaper) The Dutch fixed telephony market lost 1,000 connections during the second quarter of 2015 to end June with 6.279 million lines, according to Telecompaper's latest Dutch Fixed Telephony Market report. The continued decrease in traditional phone lines was caused by 5.4 percent fewer PSTN/ISDN lines and a 1.1 percent drop in WLR connections. This was not off-set by growth in digital telephone lines, at 0.9 percent to 5.427 million.
Tags: market
lines
fixed
dutch
Asus grows smartphone shipments to 5 mln in Q2
2015-08-11 16:06:00| Telecompaper Headlines
(Telecompaper) Asus reported second-quarter sales of TWD 99.37 billion, up 4 percent from a year earlier but 3 percent versus Q1. Operating profit rose 7 percent year-on-year to TWD 4.72 billion, while net profit was down 3 percent from a year ago to TWD 4.66 billion. Asus shipped a total 4.8 million computers in the quarter, down from 5.4 million in Q1, while mobile device shipments increased over the same period to 6.0 million units from 4.5 million. The mobile growth came mainly from smartphones, which increased to 5.0 million units from 3.0 million in Q1. Computers still accounted for 61 percent of revenue, and mobile devices were good for 22 percent; Asus aims to reverse this and generate a majority of sales from mobile by 2018. For the third quarter, Asus targets growth in both product categories, to 5.4 million computers and 7.8 million mobile devices.
Tags: asus
grows
smartphone
shipments
Sprint affiliate Shentel to buy Ntelos for USD 640 mln
2015-08-11 08:59:00| Telecompaper Headlines
(Telecompaper) Shenandoah Telecommunications (Shentel) has entered into a definitive agreement to acquire fellow US regional mobile operator Ntelos for approximately USD 640 million in cash. Shentel will assume Ntelos's net debt, which stood at USD 431 million at the end of June, adjusted for its expected obligations from winding down its Eastern Markets division in November. Ntelos shareholders will receive around USD 208 million in cash, or USD 9.25 per share, an approximately 60 percent premium over the last 30 days. The purchase will be financed with an expanded credit facility. The 'nTelos Wireless' brand will be discontinued in favour of Sprint, with which Shentel has concurrently extended its affiliate relationship. Ntelos's 297,500 retail customers in its Western Markets, (parts of Virginia, West Virgina, Maryland, North Carolina, Pennsylvania, Ohio, Kentucky) will use the Sprint branded service. Shentel will continue to upgrade the nTelos network to 4G LTE and expand coverage in the areas with at least an additional 150 sites over the next three years, using spectrum acquired by Sprint and made available to Shentel as part of the transaction.
Tags: buy
usd
affiliate
sprint
Telecom Italia net profit down sharply in H1 to EUR 29 mln
2015-08-07 08:40:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported a sharp fall in first-half net profit, to EUR 29 million from EUR 543 million a year earlier. The company was hurt by a range of one-time charges for restructuring, legal settlements and financial transactions. Telecom Italia said that without these one-times, profit would have reached EUR 650 million. The group's revenues were also down 4.3 percent from a year earlier to EUR 10.097 billion, with a 2.1 percent fall in Italy and 10.7 percent drop in Brazil. On an organic basis, excluding currency effects and changes in scope, revenues fell 3.3 percent. EBITDA dropped to EUR 3.633 billion from EUR 4.345 billion a year ago, and the margin fell to 36.0 percent from 41.2. Excluding the EUR 399 million in one-time charges, EBITDA was down just 5.0 percent, with a margin at 39.9 percent. Operating cash flow declined to EUR 701 million from EUR 1.044 billion, hurt by the cost of renewing the GSM licence in Italy and investments in new services. Adjusted net financial debt reached EUR 26.992 billion at the end of June, up by EUR 341 million from the end of 2014, as income from the Inwit IPO and towers sales was offset by higher costs for real estate and towers leases.
Apple signs up 11 mln customers for free music trial
2015-08-06 12:46:00| Telecompaper Headlines
(Telecompaper) Apple has signed up 11 million customers to try its streaming music service launched a month ago. Eddy Cue, Apple's senior vice president of Internet software and services, told USA Today that the company was "thrilled" with the numbers, adding that 2 million customers had signed up for the family plan at USD 14.99 per month. Apple Music launched at the end of June and is offering a three-month free trial to all customers. The paid subscription costs USD 9.99 for a single user and USD 14.99 for up to six users. Cue said Apple also saw record USD 1.7 billion in transactions on its App Store in July, "with particular momentum in China". That brings the total amount paid to app developers to USD 33 billion, up from USD 25 billion at the end of 2014. Apple plans to roll out a broad marketing campaign to promote Apple Music over the coming months as the trial period comes to an end, featuring billboard, TV and radio ads that emphasize the service's ability to connect users with not just established artist catalogs but also emerging artists, the report said.
Tags: free
music
trial
customers
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