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Huawei delays launch of Mate X foldable smartphone again - report

2019-08-15 16:44:00| Telecompaper Headlines

(Telecompaper) Huawei has delayed the launch of its first foldable smartphone, the Mate X. Unveiled at MWC in February, the phone was expected to go on sale mid-year and then in September, but has now been pushed back to later in the year, TechRadar learned at a press event at Huawei's Shenzhen headquarters. No reason was given for the delay.

Tags: report launch mate delays


Alibaba growth continues with sales up 42% in June quarter

2019-08-15 15:43:00| Telecompaper Headlines

(Telecompaper) Alibaba reported a strong increase in profits and 42 percent growth in revenues in the company's fiscal first quarter to June, showing little impact from the slowing Chinese economy. Sales rose 42 percent year-on-year to CNY 114.9 billion (USD 16.7 billion), adjusted EBITDA increased 34 percent to CNY 39.2 billion, and net profit jumped to CNY 21.3 billion from CNY 8.7 billion a year ago.

Tags: june sales growth continues


Swisscom sticks to FY guidance as Q2 revenue falls but EBITDA grows

2019-08-15 09:54:00| Telecompaper Headlines

(Telecompaper) The Swisscom group said its outlook for the full year remains unchanged as its operating results were within expectations in the first half of 2019. Second quarter group net revenue fell by 4 percent to CHF 2.80 billion from CHF 2.92 billion a year earlier but EBITDA rose to CHF 1.12 billion from CHF 1.09 billion a year earlier.

Tags: falls revenue guidance grows


United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth

2019-08-15 09:32:00| Telecompaper Headlines

(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business. 

Tags: internet united sales mobile


Telstra's FY profit plunges nearly 40%, EBITDA down 21% on NBN impact

2019-08-15 09:09:00| Telecompaper Headlines

(Telecompaper) According to Telstra, the largest reason for the decline in EBITDA was the impact of the NBN. To date, Telstra estimates the NBN has adversely impacted EBITDA by AUD 1.7 billion since FY16. The operator also estimates it is around 50 percent of the way through the recurring financial impact of the NBN.

Tags: on impact profit ebitda


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