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BT adds 266,000 fibre customers in March quarter

2015-05-07 09:13:00| Telecompaper Headlines

(Telecompaper) BT reported group revenue down 2 percent to GBP 4.64 billion in its fourth quarter to the end of March, with EBITDA up 7 percent to GBP 1.82 billion and earnings per share up 11 percent to GBP 0.10. EBITDA growth was partly helped by the settlement of ladder pricing arrangements. The company proposes to pay a dividend of GBP 0.124 for the full fiscal year, 14 percent more than in fiscal 2014. The Openreach infrastructure subsidiary added a record 455,000 premises to its fibre network in the fourth quarter, 31 percent more than a year earlier, while the BT retail business signed up a record 266,000 of newly passed premises, said CEO Gavin Patterson. BT's fibre broadband network now passes over three-quarters of the UK and the planned upgrade to ultrafast will see another multi-year investment by Openreach. BT Sport TV channels are now viewed in over 5.2 million homes and last year the group bought rights to the FA Premiere League to 2018/19 and Aviva Premiership Rugby to 2020/21. The company added 2,500 new engineers and over 500 new agents at UK contact centres this year, as well as hosting over 500 new apprentices. BT awaits regulatory approval for its GBP 12.5 billion proposed acquisition of mobile operator EE. BT's guidance for this year, excluding EE, is for underlying revenue growth, modest growth in EBITDA, around GBP 2.8 billion of normalised free cash flow and a dividend up by 10-15 percent on last year.

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Director's Report to CRC March 3, 2015

2015-05-06 23:37:51| PortlandOnline

PDF Document, 385kbCategory: Director's Reports

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March pork export volume highest since April 2014

2015-05-06 22:57:00| National Hog Farmer

Source: USMEF Exports of U.S. pork and beef gained momentum in March after starting the year slowly, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). read more

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Vivo leads Brazil mobile market growth in March

2015-05-06 19:21:00| Telecompaper Headlines

(Telecompaper) Brazil ended March with 283.4 million active mobile lines and a teledensity of 138.98 lines per 100 inhabitants, according to the latest figures from Anatel. The total increased by around 843,000 lines compared to February. Prepaid users accounted for 75.5 percent of all lines. Vivo saw the strongest growth in March, adding around 637,000 new lines for a total 81.879 million. TIM Brasil lost around 80,000 lines to end March with a total 75.749 million, and Oi also shed around 20,000 customers to reach 50.388 million. Third-place Claro added 162,000 subscribers in the month for a total 71.841 million. 

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China leads March US apparel import surge

2015-05-06 16:49:00| Daily apparel & textile news and comment - from just-style.com

Apparel imports into the US surged in March as cargo volumes at west coast ports started to clear. The top three supplier countries booked double-digit increases, with China leading the way, Vietnam bouncing back from its first decline in more than two years, and Bangladesh rising further.

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