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Lenovo quarterly revenue growth slows to 1%, net profit still up 20%

2019-11-07 09:19:00| Telecompaper Headlines

(Telecompaper) Lenovo saw its revenue growth slow to 1 percent in the fiscal second quarter to September, to USD 13.52 billion, as the uncertain economic climate started to weigh on sales. Profits continued to show double-digit growth, on improved margins in the mobile phone, PC and data centre businesses. 

Tags: up net growth profit

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Liberty Global results fall in Q3 as west Europe operations lose customers

2019-11-07 08:51:00| Telecompaper Headlines

(Telecompaper) Liberty Global reported a fall in revenues and operating cash flow from continuing operations in the third quarter, due mainly to continued weakness in Switzerland. Revenues fell 0.6 percent on an organic basis to USD 2.84 billion, also hurt by lower sales at Telenet in Belgium, and OCF excluding forex effects declined 4.1 percent to USD 1.21 billion.

Tags: results west global fall

Category: Telecommunications

 

 

Deutsche Telekom lowers dividend on spectrum costs, sees higher FY EBITDA

2019-11-07 08:28:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has increased its outlook for full-year EBITDA, after improved results across its business in the first nine months of the year. However, the company cut its planned dividend for the year, to 60 cents from 70 cents last year, citing the costs of the pending merger with Sprint and spectrum auctions. 

Tags: costs higher deutsche spectrum

Category: Telecommunications

 

 

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