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Twitter reports slowest revenue growth since 2013

2016-07-26 22:45:42| BBC News | Business | UK Edition

Twitter has reported its slowest quarterly sales growth in three years, as the company fends off competition from a growing number of social media sites.

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The People's Operator reports surging revenue, subscribers

2016-04-18 02:00:00| Total Telecom industry news

Charity-focused MVNO now has more than 100,000 customers.

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RTL Group reports record EUR 6.03 bln revenue for 2015

2016-03-10 21:14:00| Telecompaper Headlines

(Telecompaper) European entertainment network RTL Group has reported record revenue of EUR 6.03 billion for 2015, up 3.8 percent from EUR 5.81 billion in 2014, driven by increasing revenue at Mediengruppe RTL Deutschland, growing digital revenue and favourable exchange rate effects. Group revenue is well diversified with 53.7 percent from broadcast advertising (TV and radio), 22 percent from content, 8.4 percent from digital activities, 4.1 percent from platform revenue (EUR 248 million) and 11.8 percent other revenue. Reported EBITA reached a record EUR 1.17 billion in 2015, up 2 percent from EUR 1.14 billion in 2014, mainly driven by a significantly higher EBITA contribution from Germany.

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Gap Reports 2 Percent Drop in Revenue Measure for February

2016-03-04 00:15:58| Apparel - Topix.net

Gap Inc . is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.

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Millicom reports organic service revenue up 5.9% in Q4

2016-02-10 08:23:00| Telecompaper Headlines

(Telecompaper) Millicom reported a fall in fourth-quarter results, hurt by negative currency effects and a number of one-off charges. Revenues fell 9.8 percent to USD 1.68 billion, and adjusted EBITDA was down 7.4 percent to USD 551 million. The company said organic service revenue was still up 5.9 percent year-on-year on mobile data and cable growth, and the adjusted EBITDA margin improved 0.9 percent points to 32.9 percent on efficiency measures. In Latin America, organic revenue rose 2.8 percent to USD 1.42 billion, reflecting some slowdown in Colombia and macro conditions in Paraguay. Service revenue still grew 4.4 percent. EBITDA was USD 513 million, after USD 33 million in one-off charges relating to Colombia integration costs and a bad debt charge. In Africa, organic revenue grew 13.4 percent to USD 258 million, and EBITDA was USD 17 million after USD 26 million of restructuring and one-off items. For 2016, Millicom forecast mid-single digit growth in service revenue, mid- to high-single digit growth in adjusted EBITDA and capital expenditure of USD 1.15-1.25 billion, down slightly from USD 1.28 billion last year. The forecast is based on constant currency rates and scope. 

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