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Telecom Italia slows sales fall to 4.5% in Q3 on fibre gains

2014-11-07 08:41:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported a 4.5 percent year-on-year fall in third-quarter revenues to EUR 5.4 billion, hurt by a slowdown at its Brazil unit and a recession-hit domestic market. However, the operator welcomed the result as a reversal of its recent revenue decline compared to falls of 11.9 percent and 11.2 percent in the previous two quarters. "There are concrete signs of recovery in the domestic market," said Telecom Italia CEO Patuano in a statement, adding that "we have overcome the price war." EBITDA declined 8 percent to EUR 2.24 billion, and EBITDA margin fell to 41.4 percent from 41.4 percent a year ago. Net profit for the first nine months of the year came in at EUR 985 million compared to a EUR 902 million loss in the same period of 2013, reflecting the impairment loss on goodwill. Capex for the quarter fell to EUR 933 million from EUR 1.4 billion in the year-earlier period, which the company attributed to the abandonment of certain platforms and the simplification of industrial processes, adding that the savings were partly redirected to developing its 4G and fibre networks, which saw a EUR 102 million year-on-year increase in investment. "We're keeping our promises on investments in ultra fast broadband infrastructures and have already covered 100 cities with optical fibre and over 2,500 municipalities with LTE," said the company's chairman Giuseppe Recchi.

Tags: sales fall italia telecom

 

Mexico innovation lab working on agave based fibre

2014-11-06 12:04:00| Daily apparel & textile news and comment - from just-style.com

A new textiles innovation laboratory in Mexico is working to develop an apparel fibre based on agave, the plant ingredient used to make the country's tequila and agave liquors.

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24i and Unified Streaming provide app and content for Deutsche Glasfaser fibre TV

2014-11-04 15:00:10| Digital TV News

App developer 24i and streaming-platform provider Unified Streaming have collaborated on an OTT TV-Everywhere service for German fibre operator Deutsche Glasfaser. The Dutch companies have co-operated to deliver a seamless back-end to front-end solution.

Tags: content tv provide deutsche

 

Fibres and fabrics: Cutting costs in fibre supply

2014-10-31 11:00:00| Daily apparel & textile news and comment - from just-style.com

Apparel and textile companies looking keep down costs in fibre and fabric sourcing and production, at the same time as ensuring supplies keep flowing, are turning to a number of different strategies.

Tags: costs supply cutting fibre

 

Tate & Lyle backs fibre to battle Asian bulge

2014-10-30 12:20:30| Food - Topix.net

Tate & Lyle used the recent Food Ingredients-Asia trade event in Jakarta as a springboard for its mounting ambitions in the country of 250 million people as well as other parts of Asia. Fibre and low-calorie sweeteners for weight control were a big part of its offer.

Tags: battle asian backs fibre

 

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