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Ooredoo Group revenue rises 1% to QAR 7.3 bln in Q1, customer base up 6%

2020-04-30 09:15:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group said revenue for the first quarter ended 31 March increased by 1 percent to QAR 7.3 billion from QAR 7.19 billion in Q1 2019, supported by robust growth in Indonesia, Tunisia, Myanmar and other markets. That growth was partially offset by a Covid-19 impact, lower handset sales, and macroeconomic weakness in some of other markets. EBITDA declined by 5 percent year-on-year to QAR 3.02 billion from QAR 3.73 billion, hit by measures to contain the spread of Covid-19 in many territories as well as challenging market conditions in Algeria, Kuwait and Oman.

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Forthnet owners negotiating its sale to United Group

2020-04-28 17:00:00| Digital TV News

Nomura has notified Forthnet of the commencement of exclusive negotiations with United Group on a proposal that United has submitted to the banks NBG, Alpha, Piraeus and Attica Bank aimed at the execution of documents for a transaction.

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Bull Run Working Group Meeting Scheduled for Tuesday, May 19, 2020

2020-04-27 18:53:45| PortlandOnline

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SGL Carbon to produce carbon fiber battery housing cover for BMW Group

2020-04-24 11:56:15| Green Car Congress

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Stoli Group promotes internally for new CEO

2020-04-23 16:59:00| Daily beverage news and comment - from just-drinks.com

Stoli Group has reinstated the role of CEO, barely a year after retiring the position.

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