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Sunrise raises FY adjusted EBITDA guidance after 13% growth in Q1

2019-05-16 10:26:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise has recorded Q1 revenues of CHF 447 million, down 2.6 percent from Q1 2018, because of lower hubbing and hardware sales. Service revenue increased by 2.7 percent, driven by customer momentum and B2B. Adjusted EBITDA including IFRS 16 was up by 13.2 percent to CHF 158 million. The total mobile subscriber base in Q1 reached nearly 2.37 million, with 13,000 net additions in Q1.

Tags: in growth guidance adjusted

Category:Telecommunications

Bouygues Telecom continues growth trend momentum, Q1 EBITDA up 20%

2019-05-16 10:04:00| Telecompaper Headlines

(Telecompaper) French operator Bouygues Telecom has posted first-quarter revenues of EUR 1.45 billion, up 13 percent year-on-year. Ongoing customer gains supported a rise in service revenues, which increased 6 percent to EUR 1.09 billion (+4% in Q4).

Tags: up growth continues trend

Category:Telecommunications

Motorola launches wide-screen One Vision smartphone

2019-05-16 09:46:00| Telecompaper Headlines

(Telecompaper) Motorola has presented its new Moto One Vision smartphone, which comes with a large 6.3-inch screen with 21:9, cinema-like aspect ratio. The phone priced at EUR 300 launches first in Brazil and Mexico and will roll out in the rest of Latin America and Europe this month, before launching in selected other countries in Asia, the Middle East and Australia.

Tags: vision motorola launches smartphone

Category:Telecommunications

Trump allows ban on foreign ICT companies over security threats

2019-05-16 09:18:00| Telecompaper Headlines

(Telecompaper) The US President Donald Trump has signed an executive order effectively banning US organisations from doing business with Chinese telecom equipment makers Huawei and ZTE. Named 'Securing the Information and Communications Technology and Services Supply Chain', the order blocks transactions with companies controlled or influenced by a "foreign adversary" due to national security concerns.

Tags: security companies foreign ban

Category:Telecommunications

Cisco tops expectations with quarterly revenue growth of 6%

2019-05-16 08:49:00| Telecompaper Headlines

(Telecompaper) Cisco reported results for its fiscal third quarter to April at the high end of its guidance. Revenues rose 6 percent to USD 13.0 billion after excluding the sold service provider video business, and EPS jumped 23 percent to USD 0.69, helped by the company's share buyback. 

Tags: growth revenue expectations quarterly

Category:Telecommunications

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