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Telefonica brings M2M partnership scheme to Europe

2014-02-07 01:00:00| Total Telecom industry news

Operator to go ecosystem-fostering; targets 250 partners by end of 2014.

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Vodafone revenues down 3.6% on weak Europe, forex effects

2014-02-06 08:45:00| Telecompaper Headlines

(Telecompaper) Vodafone Group reported revenues for its fiscal third quarter to December down 3.6 percent from a year earlier to GBP 10.98 billion. On an organic basis, excluding forex effects and acquisitions, revenues were down 4.3 percent, and service revenues fell 4.8 percent to GBP 9.86 billion. The mobile operator continued to suffer from the weak economic climate in Europe, with organic service revenue falling 5.1 percent in the UK, 7.9 percent in Germany, 14.1 percent in Spain and 16.6 percent in Italy. Its emerging markets in Africa and Asia did better, growing revenues 5.5 percent on an organic basis. However, due to negative forex effects, reported revenues there were down 6.1 percent to GBP 3.22 billion. The company started already on its plans for increased investment, with capital expenditure up 20.7 percent year-on-year to GBP 1.81 billion. Free cash flow fell 14.2 percent as a result to GBP 1.03 billion. With the increased investment and growing demand for 4G services, which are now available in 13 of the company's markets, Vodafone said it's confident it can restore revenue growth. The company confirmed its guidance for the full year to March, for adjusted operating profit around GBP 5.0 billion and free cash flow GBP 4.5-5.0 billion. This excldues its 45 percent stake in Verizon Wireless, the sale of which should be completed later this month.

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AIM Europe Hosts Executive Roundtable in Stuttgart

2014-02-06 06:00:00| Industrial Newsroom - All News for Today

On February 25, AIM will bring together international leaders in the automatic identification and data capture industry for the inaugural meeting of the newly created AIM Europe. Event will feature presentations by C-level executives from Russia, China, Germany, and the U.S., as well as the first gathering of AIM Europe’s members from around the globe. Roundtable will coincide with LogiMAT 2014, the leading International Trade Fair for Distribution, Materials Handling, and Information ...This story is related to the following:Trade Associations

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GCL to Exhibit at Power-Gen Europe

2014-02-05 15:25:00| Hydrocarbons Technology

Gas Compressors Ltd, a packaging company specialising in the manufacture of custom-built gas compressor and booster packages for the power generation, refinery, landfill, oil and gas and petrochemical industries, will be exhibiting at Power-Gen Europ

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Mercedes-Benz S300 Hybrid on sale in March in Europe

2014-02-05 13:30:27| Green Car Congress

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