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Veon sees underlying growth improve despite negative forex effects

2018-11-08 08:00:00| Telecompaper Headlines

(Telecompaper) Veon raised its full-year outlook, forecasting stronger growth in underlying revenue and EBITDA after a good third quarter. Reported results were still down in Q3 due mainly to negative currency effects, and the forex impact will also make its free cash flow target of USD 1 billion for the year "slightly challenging", the company said. 

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Deutsche Telekom raises EBITDA, cash flow targets after return to growth in Q3

2018-11-08 07:48:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported a return to revenue growth in the third quarter and increased its outlook for full-year EBITDA and free cash flow. Revenues in Q3 rose 4.7 percent to EUR 19.1 billion, and adjusted EBITDA was up 8.5 percent to EUR 6.2 billion. 

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BICS: The potential for IoT in Africa is enormousBICS: The potential for IoT in Africa is enormous

2018-11-08 01:00:00| Total Telecom industry news

How can businesses and operators harness the IoT to drive new revenue streams? “With the suggestion that by 2020 there could be more than 20 billion connected devices in the world, there is no doubt that the IoT is big business. But, according to The Economist Intelligence Unit IoT Business Index 2017, businesses aren’t adopting the IoT as quickly as previously anticipated. “In Africa, the potential of the IoT is huge. If harnessed correctly, it could play a role in accelerating the development of Africa’s economy – more so than in other markets – driving socio-economic growth, enabling businesses to leapfrog the lack of infrastructure and digitise their offerings.  “Benefits of the IoT include having everything in the cloud, instead of on physical infrastructure, which increases agility and improves cost efficiencies…read more on TotalTele.com »

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Category: Telecommunications

 

 

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