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Huawei 1H revenue growth slows

2017-07-27 02:00:00| Total Telecom industry news

Huawei on Thursday reported a 15% year-on-year increase in first half revenue, a considerably slower growth rate compared to a year ago. The Chinese kit maker generated revenue of 283.1 billion yuan (€35.84 billion) during the first six months of 2017…read more on TotalTele.com »

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Facebook growth slows slightly but sales still up 45%

2017-07-26 22:15:00| Telecompaper Headlines

(Telecompaper) Facebook saw its growth slow slightly in the second quarter, with sales up 45 percent year-on-year to USD 9.321 billion compared to over 50 percent in previous quarters. This is in line with the company's previous warning that growth will slow as the ad market saturates. Net profit still increased 71 percent to USD 3.894 billion or USD 1.32 per share, better than market expectations.

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Telefonica Deutschland slows sales drop, OIBDA accelerates in Q2

2017-07-26 08:44:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland slowed its drop in revenues to 3.4 percent in the second quarter, for a total EUR 1.77 billion, while growth in adjusted EBITDA accelerated to 5 percent, to EUR 472 million. The OIBDA margin improved 2 percentage points to 26.7 percent, driven by cost savings. The company said it reduced costs by EUR 40 million in the quarter.

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