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Sprint net adds reach 1.2 mln as revenues, profit fall in Q4

2015-05-05 13:51:00| Telecompaper Headlines

(Telecompaper) Sprint announced results for its fiscal fourth quarter, saying net additions lifted to 1.2 million, the highest number in nearly three years, compared to net losses of 383,000 during its fiscal third quarter. Still, total revenues fell 7 percent year-on-year to USD 8.3 billion on the back of lower wireless service revenues. The adjusted EBITDA declined 5 percent to USD 1.7 billion while the operating profit slid to USD 318 million from 420, mainly due to higher depreciation expense. The net loss widened to USD 224 million or USD 0.06 per share, from a loss the year earlier of 151 million or 0.04 per share. Postpaid net additions improved to 211,000 from 30,000 in Q3. The company was net port positive for the first in nearly three years. Postpaid phone losses of 201,000 improved from 205,000 losses in Q3. Postpaid tablet net additions amounted to 349,000 from 189,000. Prepaid net additions amounted to 546,000 compared to 410,000 in Q3. Wholesale net additions went to 492,000 from 527,000. Postpaid ARPU fell to USD 56.94 from 58.90 in Q3. Postpaid churn lifted by 46 basis points sequentially to 1.84 percent, on the back of increasing credit standards, and a better network experience.

Tags: in net fall reach

 

Mediacom Communications Adds Netflix To TiVo Set-Top Devices

2015-05-05 02:55:26| publicworks Home Page

Mediacom Communications recently announced an agreement with Netflix Inc. to make the streaming-video service available as an app on its customers’ TiVo set-top boxes

Tags: communications devices adds tivo

 
 

Mediacom adds Netflix to TiVo set-top devices

2015-05-04 20:30:47| Digital TV News

Mediacom Communications has announced an agreement with Netflix to make the streaming-video service available as an app on its customers TiVo set-top boxes.

Tags: devices adds tivo netflix

 

Adobe Adds Dazzle to Lightroom

2015-05-04 20:10:16| TechNewsWorld

Adobe's recently launched new version of Lightroom for its Creative Cloud Photography platform improves performance of the photo manager and adds new HDR, panorama and facial recognition features. Lightroom's mobile support also is bolstered in the latest version of the program. Further, it has new capabilities for creating slideshows from stills and video.

Tags: adobe adds dazzle lightroom

 

Meijer plans long-awaited expansion into U.P., adds Northern Michigan stores

2015-05-03 01:19:29| Grocery - Topix.net

Meijer's much-anticipated arrival in Manistee and Alpena has been the talk at the coffee shops in recent months. Part of the excitement is that many can't believe the nearly 80-year-old Grand Rapids area retailer headquartered in Walker is finally pushing to smaller cities up north after decades of expanding south into other Midwest states.

Tags: stores plans northern michigan

 

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