Home Altice France meets FY targets as EBITDA growth accelerates to 19.6% in Q4

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Altice France meets FY targets as EBITDA growth accelerates to 19.6% in Q4

2020-03-25 10:24:00| Telecompaper Headlines

(Telecompaper) Altice Europe posted fourth-quarter results ahead of market expectations after revenue and EBITDA growth accelerated in its core market of France. The group met its full-year free cash flow objective, as EBITDA from the French operations slightly exceeded 2019 guidance. For 2020, it expects to generate higher revenues and EBITDA, targeting faster residential revenue growth in its key geographies.

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Facebook reports jump in messaging, softer ad revenues in countries hit by Covid-19

2020-03-25 08:45:00| Telecompaper Headlines

(Telecompaper) Facebook said it's seen an increase in usage of its services during the coronavirus crisis, especially in hard-hit countries such as Italy. However, the increase is mainly in messaging, a service it does not monetise, while ad revenues on the social network have softened due to the slowdown in economic activity. 

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Category: Telecommunications



Facebook wants a multibillion-dollar piece of Reliance Jio

2020-03-25 01:00:00| Total Telecom industry news

Since Reliance Jio burst onto the Indian mobile scene back in 2016, the company has caused a huge upheaval in the local market. Its aggressively low prices have seen its primary competitors, Vodafone Idea and Bharti Airtel, struggle to keep up, with both now facing uncertain futures in the wake of enormous adjusted gross revenue payments imposed on them by the government…read more on TotalTele.com »

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Category: Telecommunications



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