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Altice France posts 15.6% drop in EBITDA in Q4, expects return to growth in 2019
2019-03-29 10:52:00| Telecompaper Headlines
(Telecompaper) Altice expects a return to revenue and EBITDA growth in 2019 for its French operations, as SFR continued to add customers in both the consumer fixed and mobile markets during the fourth quarter. The company is guiding for revenue growth between 3 and 5 percent for the current year, after a fall of 4.3 percent in 2018, and adjusted EBITDA of EUR 4.0-4.1 billion, up from EUR 3.8 billion last year. The operating free cash flow for 2018 (EUR 1.52 billion) was in line with management expectations.
Huawei grows revenues 20%, profit 25% in 2018
2019-03-29 09:20:00| Telecompaper Headlines
(Telecompaper) Huawei said revenues for 2018 advanced 19.5 percent from the year before to CNY 721.2 billion while the net profit jumped over 25 percent to CNY 59.3 billion. The company gave the numbers in its 2018 Annual Report, showing it maintained growth despite pressure from the US and growing international scrutiny.
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Transition expected in TV panel demand towards 50" and above in 2019
2019-03-28 12:00:41| Digital TV News
According to a WitsView report on the market for large-sized panels, production capacity expansions in 2018 brought capacity by area to 202.4 million square metres, representing a growth of 7.9% YoY, the largest since 2013.
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German 5G auction passes EUR 1 billion in bids
2019-03-28 08:35:00| Telecompaper Headlines
(Telecompaper) The German Federal Network Agency said that EUR 1.03 billion was offered by the four bidders in the 75th round of the 5G spectrum auction.
Stillhouse Spirits Co goes up against Bacardi in legal row
2019-03-27 18:10:00| Daily beverage news and comment - from just-drinks.com
Stillhouse Spirits Co has filed a lawsuit against Bacardi, accusing the spirits giant of trying to buy the start-up "substantially below market value".
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