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Singtel's quarterly profit drops nearly 6%, revenue up 8%

2017-08-11 12:08:00| Telecompaper Headlines

(Telecompaper) Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.

Tags: up profit revenue quarterly



Spain hits 5.6 mln active FTTH lines in June

2017-08-11 12:03:00| Telecompaper Headlines

(Telecompaper) Spain added a total of 97,583 fibre to the home (FTTH) lines in June to increase the number of active connections to 5.6 million at the end of the month, according to the latest report from communications regulator CNMC. The 1.6 million rise in FTTH lines over the past year offset the 1.2 million fall in DSL connections, said the watchdog. Total fixed broadband lines came to 14.0 million at the end of Junes, with broadband penetration rising to 30.1 lines per 100 inhabitants, up from 28.9 a year earlier.

Tags: june active lines spain

Category: Telecommunications



Snap losses widen in Q2 as revenues more than double

2017-08-11 08:40:00| Telecompaper Headlines

(Telecompaper) Snap saw its net loss widen to USD 443 million in the second quarter from USD 116 million a year earlier. Revenues still more than doubled year-on-year to USD 182 million from USD 78 million. The adjusted EBITDA loss was USD 194 million versus a loss of USD 105 million a year ago. 

Tags: than double losses revenues

Category: Telecommunications



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