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Mobistar lowers FY guidance as H1 sales hit by competition

2013-07-22 09:08:00| Telecompaper Headlines

(Telecompaper) Reporting results one day early, Mobistar has lowered its full-year guidance under pressure from sharpened competition and regulations and scrapped its dividend for 2013. The Belgian mobile operator now sees revenues for 2013 down 12 percent, EBITDA of over EUR 300 million and an operating cash flow of at least EUR 100 million. The operator expects results to stabilise in 2014. Mobistar ended the second quarter with 3.33 million customers, a loss of 45,000. Still, the MVNO customer base grew to 1.07 million from 973,900. Including 105,400 customers in Luxembourg, Mobistar now has 4.509 million connections on the network, of which 69.1 percent postpaid customers. Revenues for the first half weakened 5.7 percent from the year before to EUR 757 million, and EBITDA dropped 27.6 percent to EUR 68.8 million. Mobistar said it will continue its reorganisation programme, looking now to save EUR 50 million per year from 2014.

Tags: sales hit competition guidance

 

EXCLUSIVE: Cable TV competition getting hot across NKY

2013-07-21 15:23:01| Telecom - Topix.net

With the transformation of Insight to Time Warner Cable all but complete, Cincinnati Bell continuing to push its video packages and two satellite companies offering introductory deals to sign up new customers, the cable television market in Northern Kentucky is more competitive than ever.

Tags: hot exclusive cable competition

 
 

FCC releases report on competition in the U.S. video programming delivery market

2013-07-19 23:30:09| Digital TV News

The FCC has adopted its 15th Report to Congress on the status of competition in the market for the delivery of video programming. The Commission found that the number of MVPD subscribers grew from 100.8 million to 101.0 million households between year-end 2010 and June 2012.

Tags: video report market delivery

 

Ericsson Sales Fall Short as Huawei Competition Intensifies

2013-07-19 04:13:52| Appliances - Topix.net

Ericsson AB, the largest maker of wireless-network equipment, posted sales that missed estimates as competition with Huawei Technologies Co.

Tags: short sales fall competition

 

Swiss competition authority probes Swisscom

2013-07-19 02:00:00| Total Telecom industry news

Incumbent denies allegations it abused its dominant position when bidding for enterprise broadband contracts.

Tags: authority competition swiss probes

 

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