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Swisscom revenue falls 3%, EBITDA stable in first 9 months

2020-10-29 09:53:00| Telecompaper Headlines

(Telecompaper) Swisscom said that net revenues in the first nine months of 2020 fell by 3 percent year-on-year to CHF 8.2 billion, as the Covid-19 pandemic had a particularly negative impact on roaming revenues. The pandemic's overall impact on financial results is minor, however. EBITDA remained nearly stable at CHF 3.3 billion, recording a decrease of 0.1 percent. On a like-for-like basis and at constant exchange rates EBITDA increased by CHF 7 million or 0.2 percent.

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Ooredoo Group revenue falls 7% in Q2

2020-07-29 08:58:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group said its revenue for the second quarter decreased by 7 percent to QAR 6.82 billion, and EBITDA dropped 6 percent to QAR 2.97 billion. Net profit however increased by 3 percent to QAR 432 million compared to QAR 421 million in 2019.

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KPN maintains outlook as underlying revenue falls 3% in Q2

2020-07-27 08:56:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN reported a drop of 3.0 percent in underlying revenues in the second quarter, to EUR 1.29 billion. Including divestments, sales were down 4.9 percent. The coronavirus crisis impacted roaming revenues and the B2B segment, while personnel costs and investments also were down slightly. KPN said the customer base, both in fixed and mobile, was showing the first signs of bottoming out, after several quarters of decline.

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Ooredoo Kuwait revenue falls 5% in H1, customer base down 3%

2020-07-23 09:38:00| Telecompaper Headlines

(Telecompaper) Ooredoo Kuwait said that revenues decreased by 5 percent to KWD 294.1 million in the first six months to 30 June from KWD 310.4 million a year earlier. Revenues in Kuwaiti dinars were hit by lower sales in Kuwait, substantial support for local customers free of charge, a decrease in Algerian revenue mainly due to the weak economic environment, currency devaluation, price competition and the impact of Covid-19 and related business limitations in all operations.

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