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Dutch mobile service revenues fall 6.7% in 2013

2014-03-19 15:36:00| Telecompaper Headlines

(Telecompaper) The Dutch mobile industry saw service revenues fall by 6.7 percent year-on-year to EUR 5.4 billion in 2013, according to Telecompaper research. This compares to an annual decline of 4.5 percent in 2012 and a decline of 3.8 percent in 2011. The main reason for the continued decline in service revenue remains falling voice and SMS revenues. Excluding the impact of regulation cuts, Dutch mobile service revenues fell by 4.6 percent in 2013. Non-voice services accounted for 41.4 percent of mobile service revenue in 2013, with non-voice revenues falling by 2.5 percent over the year. Overall mobile service revenue was EUR 1.3 billion in Q4 2013, down 8.6 percent from Q4 2012 and down 4.5 percent from Q3 2013. The market is expected to fall by 4 percent in 2014 to generate service revenues of EUR 5.2 billion. The Dutch mobile market is forecast to show a negative CAGR of 1.5 percent between 2013 and 2018, generating revenue of around EUR 5 billion in 2018. KPN controlled 48 percent of all SIMs in 2013, boosted by prepaid MVNO growth. Vodafone's share fell to 26 percent, with T-Mobile stable at 25 percent.

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UPDATE 1-Dairy prices fall, volumes drop at auction

2014-03-19 08:57:33| Food - Topix.net

International milk prices dropped in a third consecutive auction held by New Zealand's Fonterra Co-operative Group, the world's biggest dairy exporter, while volumes also fell.

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Oracle shares fall on weak earnings

2014-03-18 23:10:09| BBC News | Business | UK Edition

Shares of US computing firm Oracle fall more than 5% in after-hours trading on weaker than expected earnings.

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VIDEO: Sainsbury's boss on fall in sales

2014-03-18 14:58:06| BBC News | Business | UK Edition

Sainsbury's boss Justin King says it is disappointing to be reporting a 3.1% fall in like-for-like sales after nine years of growth.

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Russia: New car sales may fall 6.5 pct in 2014 - minister

2014-03-18 11:06:42| Auto Dealers - Topix.net

New car sales in Russia may fall between 2.8 percent and 6.5 percent according to a deputy industry minister - due to a weaker rouble and falling oil prices, Reuters reports.

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