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Millicom Q3 revenues up 11% on new acquisitions, cuts FY outlook

2019-10-24 09:41:00| Telecompaper Headlines

(Telecompaper) In its main market of Latin America, the company increased revenues 9.7 percent to USD 1.50 billion, including its joint ventures in Guatemala and Honduras. Organic service revenues grew 1.0 percent to USD 1.38 billion and EBITDA rose 0.7 percent on an organic basis to USD 620 million, excluding the impact of IFRS 16, while the EBITDA margin improved by 3 percentage points year-on-year to 41.4 percent. By country, organic service revenue growth was strongest in Costa Rica (+4.6%) and Guatemala (+3.2%), while growth lagged in El Salvador (-4.9%) and Panama (-2.9%) during the quarter.

Tags: outlook cuts revenues acquisitions

 

Nokia cuts outlook on tough competition in 5G market

2019-10-24 08:46:00| Telecompaper Headlines

(Telecompaper) Nokia has cut its outlook for this year and next, citing tough competition in the early days of the 5G market. The company said it will suspend dividends in Q3 and Q4 in order to invest more in improving its portfolio and strengthening its cash position. 

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Atlantic Tropical Weather Outlook

2019-10-24 07:01:43| National Hurricane Center (Atlantic)

000 ABNT20 KNHC 240501 TWOAT Tropical Weather Outlook NWS National Hurricane Center Miami FL 200 AM EDT Thu Oct 24 2019 For the North Atlantic...Caribbean Sea and the Gulf of Mexico: A broad area of low pressure associated with a tropical wave continues to produce disorganized showers and thunderstorms, mainly over southern Mexico and the Bay of Campeche. Some development of this system is possible during the next couple of days while it moves generally northwestward and then northward over the western Gulf of Mexico. The system is then forecast to merge with a cold front over the weekend. * Formation chance through 48 hours...low...20 percent. * Formation chance through 5 days...low...30 percent. $$ Forecaster Zelinsky

Tags: weather atlantic outlook tropical

 

Eastern North Pacific Tropical Weather Outlook

2019-10-24 07:00:46| National Hurricane Center (East Pacific)

000 ABPZ20 KNHC 240500 TWOEP Tropical Weather Outlook NWS National Hurricane Center Miami FL 1100 PM PDT Wed Oct 23 2019 For the eastern North Pacific...east of 140 degrees west longitude: Tropical cyclone formation is not expected during the next 5 days. $$ Forecaster Zelinsky

Tags: north weather pacific eastern

 

Atlantic Tropical Weather Outlook

2019-10-24 01:36:17| National Hurricane Center (Atlantic)

000 ABNT20 KNHC 232336 TWOAT Tropical Weather Outlook NWS National Hurricane Center Miami FL 800 PM EDT Wed Oct 23 2019 For the North Atlantic...Caribbean Sea and the Gulf of Mexico: A broad area of low pressure associated with a tropical wave is producing disorganized showers and thunderstorms over southern Mexico, Belize, Guatemala, and the southwest Gulf of Mexico. Some development of this system is possible during the next couple of days while it moves generally northwestward and then northward over the western Gulf of Mexico. The system is then forecast to merge with a cold front over the weekend. * Formation chance through 48 hours...low...20 percent. * Formation chance through 5 days...low...30 percent. $$ Forecaster Zelinsky

Tags: weather atlantic outlook tropical

 

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