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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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Ahlstrom-Munksjö Posts Gains

2018-02-13 14:49:00| Nonwovens Industry Breaking News

Sales up in 2017 and fourth quarter

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Apple Posts 3 HomePod Tutorials to YouTube

2018-02-12 18:22:36| PC Magazine MP3 Player Product Guide

If you're not sure how to get started with your new HomePod, head to YouTube.

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Twitter posts its first quarterly profit as ad sales rise

2018-02-08 14:59:38| BBC News | Business | UK Edition

The social media company posts its maiden quarterly profit, sending its share price up by a quarter.

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Swisscom posts stable FY results despite decline in Swiss core business

2018-02-07 10:10:00| Telecompaper Headlines

(Telecompaper) Swisscom's results for 2017 remained at more or less the same level as in 2016. Net revenues increased slightly (+0.2 percent) to CHF 11.66 billion, however the core business in Switzerland sank by 2.1 percent to CHF 9.06 billion. EBITDA was unchanged at CHF 4.30 billion, and net income fell 2.2 percent to CHF 1.57 billion. Despite the tough competitive conditions in the Swiss market, the group said it recorded market success with TV connections, bundled offerings and business services for corporate customers, as well as at its Italian business Fastweb.

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