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Tag: revenues fall
M1 revenues fall on lower handset sales in Q4
2014-01-21 00:07:00| Telecompaper Headlines
(Telecompaper) Singaporean communications provider M1 reported a net profit of SGD 40.5 million for Q4, up 7.1 percent from SGD 37.9 million in the year-ago quarter. However, operating revenues were down 14.9 percent to SGD 278.6 million from SGD 327.4 million a year earlier. Handset sales slumped 46.3 percent to SGD 71.6 million. EBITDA fell 2.1 percent to SGD 79.1 million. M1 said it ended 2013 with 2.11 million mobile subscribers, up by 35,000 over the year.
Tags: sales
lower
fall
revenues
HTC quarterly revenues fall 28.5%
2014-01-06 09:00:00| Telecompaper Headlines
(Telecompaper) HTC announced a net profit of TWD 0.31 billion for the fourth quarter, down from TWD 1.0 billion a year earlier. Revenues fell to TWD 42.89 billion, from TWD 60.01 billion in Q4 2012, and the operating result was a loss of TWD 1.56 billion, versus a profit of TWD 600 million a year ago. Revenues and net profit were in line with the company's earlier forecast. In December alone, revenues at the smartphone maker fell 42.4 percent year-on-year to TWD 12.43 billion. HTC will release detailed results and an outlook for the coming period at a later date.
Tags: fall
quarterly
revenues
htc
BlackBerry confident in roadmap as revenues fall 56% in Q3
2013-12-20 15:48:00| Telecompaper Headlines
(Telecompaper) BlackBerry reported revenues at USD 1.2 billion for the third quarter to end November, down 24 percent from Q2 and 56 percent from the year before. The revenue breakdown for the quarter was around 40 percent for hardware, 53 percent for services and 7 percent for software and other revenue. CEO John Chen said the company has established a roadmap that will allow it to target a return to improved financial performance in the coming year. The CEO added that that the company's Enterprise Services, Messaging and QNX Embedded businesses were already well-positioned to compete in their markets and that the most immediate challenge was how to transition the Devices operations to a more profitable business model. The company recognised hardware revenue on 1.9 million BlackBerry smartphones, compared to 3.7 million in Q2. Most of the units recognised were BlackBerry 7 devices. During the quarter, around 4.3 million BlackBerry smartphones were sold through to end customers. The GAAP loss from continuing operations was USD 4.4 billion, or USD 8.37 per share diluted, including a one-off pre-tax impairment charge of USD 2.7 billion, a pre-tax inventory charge of USD 1.6 billion, and pre-tax restructuring charges of USD 266 million related to the company's CORE programme and its strategic review process. This compares with a GAAP profit from continuing operations of USD 14 million, or USD 0.03 per diluted share the year earlier. The adjusted loss from continuing operations reached USD 354 million, or USD 0.67 per share diluted. For the fourth quarter, BlackBerry said it will maintain its strong cash position and further reduce operating expenses as it continues to implement its previously-announced cost reduction programme.
Tags: in
fall
revenues
confident
Belgian mobile service revenues fall 14.4% in Q3
2013-11-25 09:35:00| Telecompaper Headlines
(Telecompaper) The Belgian mobile operators recorded service revenues of EUR 757 million in the third quarter, down 14.4 percent from a year earlier, according to the latest research from Telecompaper. The lower revenues were due to a drop in voice revenues, hurt by regulatory price cuts, as well as a small decline in non-voice revenue (SMS, data). The weak economic climate and increased competition after the change in legislation to cap contracts at six months also played a role. Non-voice now accounts for around 41 percent of service revenue, up from 37 percent in Q3 2012. Non-voice revenues were still down by EUR 11 million from the year-earlier period to EUR 314 million. Compared to the second quarter, the figure was down y EUR 13 million. Mobistar's service revenues fell the most in Q3, down by 14.6 percent year-on-year. Proximus was down by 14.1 percent, and Base's revenues dropped by 13.0 percent. The number of active Sim cards on the Belgian market declined by 2.0 percent year-on-year to 12.9 million at the end of September. While there was growth in postpaid, the number of prepaid users declined more, largely due to Base disconnecting inactive prepaid customers. For the full year 2013, Telecompaper expects Belgian mobile service revenues to fall by around 12 percent to EUR 3.1 billion.
Tags: service
mobile
fall
revenues
Dutch mobile service revenues fall 6.4% in Q3
2013-11-21 10:56:00| Telecompaper Headlines
(Telecompaper) Dutch mobile service revenues fell 6.4 percent annually and declined 1.9 percent quarterly to a total EUR 1.36 billion in the third quarter of 2013, according to the latest research from Telecompaper. The market contraction was driven by a continued decline in voice revenue and slowdown in data services growth. Non-voice services (data and SMS) were estimated at 42.1 percent of total mobile service revenue in the quarter, but these are not growing fast enough to offset fully the erosion in voice revenues, the market researcher said. Telecompaper now expects the Dutch market to shrink 6 percent over the full year 2013 to around EUR 5.5 billion in service revenue. Over the five years to 2017, it estimates a compound annual growth rate of minus 2.5 percent, as the economic recession, regulation and the shift to OTT and Wi-Fi services continue to weigh on the sector. The Dutch market saw a slight decrease of 1.3 percent year-on-year in the number of mobile SIMs (including MVNOs), to a total 20.3 million at the end of September 2013. KPN's market lead increased to just under 48 percent of subscribers (mainly due to the migration of MVNO Lycamobile from Vodafone to KPN), while Vodafone saw its market share decrease to less than 27 percent, and T-Mobile was relatively stable at almost 26 percent.
Tags: service
mobile
fall
dutch
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