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Tag: slows
US economic growth slows sharply
2014-04-30 15:22:36| BBC News | Business | UK Edition
US economic slows to 0.1% in the first quarter of the year, thanks to the impact of unusually bad winter weather.
Tags: growth
economic
economic growth
sharply
America Movil growth slows on forex effects
2014-04-30 09:06:00| Telecompaper Headlines
(Telecompaper) America Movil saw its growth slow in the first quarter, due to negative currency effects and the increased regulation in its home market Mexico. Revenues were up 1.3 percent from a year ago to MXN 195.4 billion, and EBITDA rose 1.7 percent to MXN 64.9 billion. Excluding forex effects, the figures were up respectively 6.9 and 6.7 percent. Net profit was hurt by increased financing costs, dropping 48.3 percent to MXN 13.9 billion or MXN 0.20 per share. The company spent MXN 19.1 billion on capital investments in the quarter, while also reducing debt by MXN 2.2 billion, buying back MXN 12.6 billion in shares and acquiring assets for MXN 1.4 billion. Net debt of MXN 440 billion was worth 1.6x annual EBITDA at the end of March. America Movil finished the quarter with 272.2 million mobile customers, up by 2.3 million from three months earlier. The net additions included 1.4 million from the acquisition of Page Plus in the US and 769,000 new postpaid customers, as well as 980,000 disconnections of inactive customers in Latin America. The number of revenue-generating units in the fixed market rose by 1.2 million in the quarter, of which 571,000 in TV and 492,000 in broadband, to a total 70.7 million at the end of March.
Tags: america
effects
growth
forex
China's logistics growth slows in first quarter
2014-04-29 12:19:11| Logistics - Topix.net
China's logistics industry growth continued to slow in the first quarter of this year, weighed down by shrinking demand growth and a slowing economy, new data showed on Tuesday.
Tags: growth
quarter
logistics
slows
UK: Clothing retail sales growth slows in April
2014-04-24 20:01:00| Daily apparel & textile news and comment - from just-style.com
UK clothing retail sales continued to increase in the year to April, but at a slower pace than the prior month, according to new figures.
Tags: april
sales
growth
clothing
MTN subscriber growth slows to 1.1% in Q1
2014-04-24 11:33:00| Telecompaper Headlines
(Telecompaper) MTN Group said it had signed up 210.07 million subscribers in 22 countries across Africa and the Middle East at the end of March, posting a 1.1 percent increase in its customer base compared to end-2013. The mobile operator added postpaid customers in its home market South Africa, but the total customer base there was down 3.7 percent in the three months, in part due to disconnection of inactive customers. In its largest market Nigeria, customer numbers were up just 0.8 percent, following a regulatory ban on Sim card sales in March. ARPU in local currency was down in most markets, with Iran, Syria and Ghana being notable exceptions. MTN said voice revenues remain under pressure, although this was offset somewhat by growth in mobile money and data services. Data revenues increased by 43.3 percent year-on-year and contributed 17 percent of total revenues, while mobile money customers were up 12.0 percent from a year ago to 16.6 million at the end of March. The operator did not report any further details on revenues. It said it remains focused on cost containment, as well as network development and infrastructure sharing.
Tags: growth
subscriber
q1
slows
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