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Masmovil posts EUR 97 mln FY profit, expands Orange roaming deal

2018-02-28 08:34:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reported net revenues of EUR 351.8 million for the fourth quarter of 2017, up 17 percent year on year, with quarterly recurring EBITDA rising to EUR 69.7 million on a reported basis compared to EUR 28.7 million year earlier. The company also turned to profit, with full-year net income climbing to EUR 96.9 million for the year compared to a EUR 36.6 million loss a year earlier. Full-year net revenues were up 16 percent to EUR 1.30 billion, with the recurring EBITDA margin rising to 18.3 percentage points from 10.6 percent in 2016 and capex doubling to EUR 221 million, mostly focused on the continued rollout of its 4G and fibre networks.

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Trump reaches informal Air Force One deal with Boeing

2018-02-27 16:56:21| BBC News | Business | UK Edition

The White House says it has reached an informal deal with Boeing to provide two Air Force One planes.

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Houston City Council Could Extend Current Recycling Deal Another Year

2018-02-27 15:25:13| Waste Age

The citys new long-term contract takes effect in March 2019.

Tags: year city current deal

 

If Nafta trade deal was a hamburger...

2018-02-26 19:45:40| BBC News | Business | UK Edition

President Trump wants to scrap the US trade deal with Canada and Mexico, Nafta. But how does it work?

Tags: trade deal hamburger nafta

 

Qualcomm nearing agreement on Broadcom deal terms, says ready for due diligence

2018-02-26 16:05:00| Telecompaper Headlines

(Telecompaper) Qualcomm said it is nearing an agreement with Broadcom on issues other than price in the latter's proposed takeover of Qualcomm. The two companies met a second time on 23 February and Qualcomm released a letter to Broadcom outlining its stance on the discussions. Qualcomm reiterated that it still finds the price offered by Broadcom, including its earlier higher bid of USD 82 per share, too low, but the company is open to starting due diligence in order to come to a better offer. 

Tags: terms due agreement ready

 

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