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Bouygues Telecom trims FY outlook as sales growth slows due to pandemic
2020-08-27 11:26:00| Telecompaper Headlines
(Telecompaper) Bouygues Telecom has trimmed its outlook for full-year results following pressure from the Covid-19 pandemic. The French operator now expects annual growth of 4 percent in services revenue due to the sharp drop in roaming, compared to a previous forecast for 5 percent growth. This follows growth of 8 percent in service revenues in the first half of the year.
Xiaomi sales growth slows to 3% in Q2, adjusted net profit falls 7%
2020-08-26 15:34:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported a further slowdown in revenue growth in the second quarter. Revenues were up just 3.1 percent year-on-year to CNY 53.54 billion, as the coronavirus outbreak hurt sales in Europe, India and other markets. Gross profit rose 6.1 percent to CNY 7.70 billion, helped by a growing share of services in the sales mix, while adjusted net profit fell 7.2 percent to CNY 3.7 billion.
Dutch mobile subscriber growth slows in Q2 as Covid restrictions impact sales
2020-08-17 10:14:00| Telecompaper Headlines
(Telecompaper) The underlying trends remain similar to recent quarters, but with a notable downwards tick in the number of net additions. T-Mobile gained another 55,000 subscribers, slowing from over 70,000 net additions in Q1 2020 and Q2 2019. The bulk of this was postpaid customers, while T-Mobile also gained 5,000 prepaid Sims, possibly due to its offer of free Sims for healthcare workers. The operator continued to add market share, accounting for over a third of retail subscribers at the end of June.
Tags: sales
mobile
impact
growth
US jobs growth slows in July as pandemic takes toll
2020-08-07 14:46:32| BBC News | Business | UK Edition
American employers added 1.8 million jobs last month, down from 4.8 million in June.
Telefonica Germany growth slows in Q2 but confirms outlook for 2020
2020-07-29 09:38:00| Telecompaper Headlines
(Telecompaper) Telefonica Germany said its revenues increased by 0.3 percent year-on-year in Q2 to EUR 1.79 billion, impacted by the Covid-19 pandemic and other non-recurring factors impacting mobile service revenue. Adjusted OIBDA declined by 5.1 percent to EUR 552 million, reflecting higher supply costs from handsets and EUR 43 million of combined effects from Covid-19 and other one-time factors.
Tags: germany
growth
outlook
confirms