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Cisco sees revenue growth slowing

2015-11-13 08:32:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal first quarter to October up 3.6 percent year-on-year to USD 12.7 billion, in line with its outlook for 2-4 percent growth. Net profit rose 32.9 percent to USD 2.4 billion, and adjusted EPS was up 9.3 percent to USD 0.59, better than the company's forecast. Cisco CEO Chuck Robbins said the company saw lower-than-expected order growth in Q1, hurt by the uncertain macro-economic environment and currency fluctuations. As a result, revenue in fiscal Q2 is expected flat to 2 percent higher, and adjusted EPS is forecast at USD 0.53-0.55. 

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Solid customer growth drives Bouygues Telecom Q3 revenue up 4%

2015-11-13 01:00:00| Total Telecom industry news

French operator gained 208,000 mobile customers, 94,000 fixed customers; EBITDA jumps 9.5%.

Tags: up customer growth solid

 
 

ZTE revenue growth slows in Q3

2015-10-27 11:55:00| Telecompaper Headlines

(Telecompaper) ZTE reported a slowdown in revenue growth in the third quarter. The Chinese equipment maker said revenues in the first nine months of 2015 rose 16.5 percent year-on-year to CNY 68.5 billion, compared to annual growth of 21.8 percent reported for the first half of the year. The company's net profit was still up over 42 percent in the nine months to CNY 2.6 billion (USD 409 million). ZTE said the growth was led by increased sales of optical network products and LTE equipment to carriers. Revenue at the Carrier Networks division rose by more than 22 percent in the first nine months, and revenue from telecommunications software systems, services and other products increased by 45.8 percent, helped by higher sales of video and network terminal products.

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Ericsson's Q3 revenue growth tempered by US slowdown

2015-10-23 02:00:00| Total Telecom industry news

Kit maker's gross margin widens on higher hardware margins, growth in intellectual property revenues.

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Sky reports Q3 revenue growth on strong customer additions

2015-10-21 09:28:00| Telecompaper Headlines

(Telecompaper) Sky reported group revenue up 6 percent to GBP 2.79 billion in its first fiscal quarter to the end of September, compared with GBP 2.65 billion a year earlier. The company saw 7 percent revenue growth to GBP 2 billion in the UK and Ireland, and an 11 percent improvement in Germany and Austria, but a 4 percent decline in Italy. Sky benefited from strong customer demand across the group, with 134,000 new customers additions taking the total to 21.14 million. In the UK and Ireland, Sky posted GBP 2 million of sales, compared with GBP 1.87 million in the first quarter of 2014/2015. It raised its operating profit by 20 percent to GBP 358 million, versus GBP 340 million a year earlier. The company added 77,000 customers taking its subscriber base to 12.08 million at the end of September. 

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