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Vodafone keeps outlook as organic service revenue lifts 2.2% in Q1

2017-07-21 09:21:00| Telecompaper Headlines

(Telecompaper) The Vodafone Group gave a trading update for fiscal first quarter to June, showing revenues fell 3.3 percent to EUR 11.5 billion. In Europe, revenues were down 4.8 percent, while elsewhere revenue increased by 1.2 percent. Service revenue declined 4.6 percent (Europe -6.2%, elsewhere +1.3%), but on an organic basis (excluding India) showed an increase of 2.2 percent (Europe +0.8%, elsewhere +7.9%). Ignoring the effect in Europe of regulation, growth would have been at 1.8 percent, Vodafone said.

Tags: in service revenue organic


Microsoft Q4 revenues climb 13 percent on cloud strength

2017-07-21 08:51:00| Telecompaper Headlines

(Telecompaper) Microsoft reported stronger results for its fiscal fourth quarter to end June, pulled up by innovation across cloud platforms, CEO Satya Nadella said. Revenues rose to USD 23.32 billion from 20.64 billion the year(+13%)  before, while the operating profit lifted to USD 5.33 billion from 3.08 billion (+73%) and the net profit went higher to USD 6.51 billion from 3.12 (+109%), with diluted earnings per share reaching USD 0.83 from 0.39 (+112%). LinkedIn contributed USD 1.1 billion to revenue in the quarter. The company said it returned USD 4.6 billion to shareholders in the form of share buy-backs and dividends.

Tags: microsoft percent strength cloud


Simyo NPS scores highest among Dutch mobile providers, followed by T-Mobile

2017-07-20 17:34:00| Telecompaper Headlines

(Telecompaper) Simyo earned a net promoter score (NPS) of 30 in the second quarter, followed by T-Mobile Netherlands with 26, and then KPN with 22. Simyo was especially cited for its price-related points. About 70 percent of customers recommended Simyo for its price/quality ratio and 61 percent for its monthly costs. At T-Mobile NL, the price/quality ratio was also the most recommended reason, with the quality of connection/reach going to second place. For KPN, connection/reach is the most mentioned.

Tags: mobile highest providers dutch


HMD Global CEO steps down with immediate effect

2017-07-20 09:55:00| Telecompaper Headlines

(Telecompaper) Chairman Sam Chin thanked Nummela for his contribution to starting up the company and the launch of its first products. HMD Global is the new owner of the Nokia brand for mobile phones and has just launched its first Android smartphones under the name. Nummela was previously a top executive at Nokia prior to the sale of its phone business to Microsoft.

Tags: global effect steps ceo


Telia starts cost cutting after drop in Q2 results

2017-07-20 08:52:00| Telecompaper Headlines

(Telecompaper) Telia Company reported lower results for the second quarter, hurt by weakness in its home market Sweden and writedowns on its remaining Eurasia activities. Telia said it hopes to sell the rest of the Eurasian activities by year-end and raised its outlook for full-year cash flow thanks to the divestments already completed.

Tags: results cost drop starts


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