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China Telecom revenues, profit almost flat in 2014

2015-03-18 10:13:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 324.3 billion for the year ended 31 December 2014, which represents an increase of 0.9 percent compared to 2013. Service revenues amounted to CNY 287.3 billion, up by 3.1 percent year-on-year. EBITDA rose to CNY 94.8 billion, while the EBITDA margin stood at 33 percent. Profit slightly increased by 0.8 percent to CNY 17.6 billion in 2014, while basic earnings per share amounted to CNY 0.22. Capital expenditure amounted to CNY 76.9 billion, while free cash flow was CNY 12.5 billion.

Tags: china flat profit telecom

 

ANPI Hires Former XO, X4, tw telecom Executives

2015-03-17 18:39:11| Telecom - Topix.net

ANPI has hired three new channel executive team members who will help agents better sell the ANPI VIP UC hosted platform. Gina Kennedy, the new ANPI channel marketing director, holds more than 15 years of experience as a marketing, relationship and strategy leader.

Tags: telecom executives hires

 
 

Oclaro Brings Powerful Product Line-Up to OFC for Telecom, Enterprise and Data Center Applications

2015-03-17 11:31:13| Industrial Newsroom - All News for Today

- Highlights Oclaro's 100G Client-Side Leadership with Interoperability Demonstration Between CFP, CFP2 and CFP4 - Showcases Analog Coherent CFP2 and High-Performance Components for 100G, 200G and 400G DWDM Networks - Includes Live Technology Demonstration Showcasing Oclaro's SFP28-LR transceiver and LISEL...

Tags: data product center applications

 

Russia's Alfa Telecom bids $2.8 billion to double stake in Turkcell

2015-03-17 11:19:57| Telecom - Topix.net

Russia's Alfa Telecom offered $2.8 billion on Tuesday to buy back a 13.76 percent stake of Turkcell , a deal that would double its holding in Turkey's top mobile operator after a seven-year battle for control of the company. Alfa Telecom said in a statement it had offered $54.9 million per share for 51 of Turkcell's class-B shares, which are being held with Turkey's state-run Ziraat Bank [TCZIR.UL] as collateral for a loan.

Tags: double billion telecom bids

 

Telecom Italia tower unit Inwit files for IPO

2015-03-17 08:57:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced that it has filed the application for an IPO of its tower unit Inwit with market regulator Consob. The company confirmed in a statement that it would retain a majority stake in Inwit after the listing of its shares on the Milan stock exchange. It added that the asset would be made up of 11,500 mobile phone towers and that the IPO would be coordinated by Banca IMI and Deutsche Bank. At the presentation of Telecom Italia's 2015-2017 strategy plan last month, company CEO Marco Patuano said the plan was to list Inwit before the summer in a bid to raise up to EUR 1 billion to cut debt and fund investments. Telecom Italia recently sold the mobile phone towers of its Brazilian unit TIM Brasil to American Tower Corp for close to the full targeted figure of EUR 900 million.

Tags: files unit italia tower

 

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