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Tag: fall
Gogo looks to sell commercial aviation Wi-Fi business as Q2 sales fall 55%
2020-08-10 16:16:00| Telecompaper Headlines
(Telecompaper) Gogo said its revenues fell 55 percent year-on-year to USD 97 million in the second quarter, after the sharp slowdown in air travel during the coronavirus pandemic dampened its sales of in-flight connectivity. While the business aviation market shows some signs of recovery, the company has started to look at selling its commercial aviation business.
Tags: business
sales
sell
commercial
3 Group revenues fall 3% in H1 on lower customer base, coronavirus impact
2020-08-06 11:31:00| Telecompaper Headlines
(Telecompaper) 3 Group reported a drop in first-half results, hurt by the effects of the coronavirus crisis and the loss of customers in the UK and Italy. Revenues fell 7 percent to HKD 40.52 billion, and EBITDA was down 11 percent to HKD 14.45 billion. Excluding currency effects, revenues fell 3 percent and EBITDA was down 7 percent.
Tags: group
customer
base
lower
Liberty Global revenues fall 4.5% in Q2 hit by covid-19
2020-08-04 09:38:00| Telecompaper Headlines
(Telecompaper) Fixed-mobile convergence (FMC) continued to drive mobile growth, with 100,000 postpaid additions, and penetration reached 23 percent at Virgin Media, 46 percent at Telenet and 22 percent at UPC Switzerland. The company also said it was making progress on the proposed merger of Virgin Media and O2 UK.
Tags: global
hit
fall
revenues
How Will Student Housing Operators Fare This Fall? The Answer Depends on Which Universities They Serve
2020-08-03 18:59:00| National Real Estate Investor
Owners in markets where universities are reopening in person are seeing a surge in demand as students are pushed into off-campus housing.
Telefonica Q2 results hit by Covid-19, forex effects, revenues fall 15%
2020-07-30 09:14:00| Telecompaper Headlines
(Telecompaper) Telefonica reported a sharp fall in second-quarter results, hurt by the Covid-19 pandemic and negative forex effects. Revenues fell 14.8 percent to EUR 10.34 billion, OIBDA was down 25.3 percent to EUR 3.32 billion, and net profit plunged 50.7 percent to EUR 425 million. Telefonica said underlying cash flow improved slightly, thanks to efforts to control costs and accelerate the digital transformation, and the company still expects to meet its full-year cash flow and dividend targets.
Tags: results
hit
fall
effects
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