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Twitter user growth hits record highs but bottom line turns to loss in Q1
2020-04-30 14:12:00| Telecompaper Headlines
(Telecompaper) Twitter lifted daily user numbers by almost a quarter in Q1 but reported results under expectations, impacted by the coronavirus pandemic. Revenues for the quarter rose 3 percent year-on-year to USD 808 million, reflecting a strong start to the quarter and later heavy hit by the covid-19 virus. Twitter said reduced expenses partially offset the revenue shortfall, resulting in an operating loss of USD 7 million, against a profit of 94 million the year before. The net loss went to USD 8 million, with a diluted loss per share of USD 0.07, from a profit of 191 million and 0.25 per share.
French FTTP roll-out hits new record with 1.6 mln premises passed in Q4
2020-03-06 10:11:00| Telecompaper Headlines
(Telecompaper) French network operators ramped up their fibre deployments in the fourth quarter, bringing FTTP connectivity to another 1.6 million homes and businesses. This represents a new high after two record quarters, when the number of new premises passed the 1 million mark (1.2 and 1.1 million in Q3 and Q2 respectively). Overall, 18.4 million premises had access to FTTP services at the end of 2019, up 35 percent year-on-year, said regulator Arcep in its latest fixed broadband report.
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Chinese manufacturing hits record low amid coronavirus outbreak
2020-02-29 14:36:19| BBC News | Business | UK Edition
The latest economic data shows the virus is having a bigger impact than the 2008 financial crisis.
Ericsson hits record millimetre wave speeds, claims dominance in 5G
2020-02-14 01:00:00| Total Telecom industry news
Swedish giant Ericsson has achieved record download speeds of 4.3 Gbps in their Stockholm R&D labs. This new record puts them ahead of the previous record of 3.67 Gbps claimed by Huawei in 2019, and takes 5G closer to the theoretical 7.5 Gbps limit achievable by current chipsets. The direct comparison of Ericsson and Huawei&rsquo…read more on TotalTele.com »
Petrobras Hits New Production Record Amid Presalt Boom
2020-02-11 15:16:05| OGI
In a securities filing, the company said it produced 3.025 MMboe/d, up 5.1% from the third quarter and 13.7% from fourth-quarter 2019.
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