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Telenet raises outlook amid 2.3% higher revenues in Q4

2018-02-13 09:27:00| Telecompaper Headlines

(Telecompaper) Belgian operator Telenet said revenues for the fourth quarter rose 2.3 percent from the year earlier to EUR 644 million. The adjusted EBITDA advanced 6.9 percent to EUR 299 million while the net profit went up to EUR 7.5 million, from breakeven. As a result, Telenet lifted its adjusted EBITDA CAGR for 2015-2018, saying it now sees growth at 6-7 percent instead of 5-7 percent. For the full year, the operator is guiding for adjusted EBITDA growth of 7.8 percent, and capex at 26 percent of revenue, with free cash flow of EUR 400-420 million.

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Category:Telecommunications

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Liberty Latin America to acquire 80% of Costa Rica's Cabletica

2018-02-13 08:46:00| Telecompaper Headlines

(Telecompaper) Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, has announced an agreement to acquire 80 percent of Costa Rican cable operator Cabletica for around in an all cash deal. Cabletica is valued at an enterprise value of CRC 143 billion (around USD 250 million), a multiple of 6.3x of its fiscal year EBITDA including projected cost synergies, with current owner Televisora de Costa Rica set to retain the remaining 20 percent stake at close.

Tags: america costa latin latin america

Category: Telecommunications

 

 

11.2m superfast broadband scheme to bring full fibre connectivity to 14,000 rural premises

2018-02-13 01:00:00| Total Telecom industry news

UK Internet Service Provider Airband has announced that it has connected the first customer in a scheme that will bring full fibre, superfast broadband services to 14,000 premises in Shropshire, England, by 2020.  "Rural Shropshire suffers with some of the poorest broadband speeds in the UK…read more on TotalTele.com »

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Category: Telecommunications

 

 

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