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Ardent Mills' leadership team grows

2014-04-26 10:04:27| Agriculture - Topix.net

ConAgra Mills, Omaha, Neb.; Cargill, Minneapolis; and CHS Inc., Inver Grove Heights, Minn., announced additions to the growing leadership team for its future joint venture flour milling company, Ardent Mills.

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Tele2 grows mobile service revenue 3% in Q1

2014-04-25 09:07:00| Telecompaper Headlines

(Telecompaper) Tele2 reported first-quarter sales down 3 percent year-on-year to SEK 7.11 billion, as a contraction in its traditional fixed business offset expansion in the mobile sector. In addition, lower termination rates and the sale of its cable business in Sweden impacted results. Mobile service revenue still increased by 3 percent to SEK 3.60 billion, thanks to customer growth in markets such as the Netherlands and Kazakhstan and increased demand for data services. The mobile customer base grew by a net 68,000, while fixed broadband subscribers were down by 18,000 in the three months. The group's EBITDA was down 7 percent to SEK 1.38 billion, amid increased marketing spend to drive the mobile growth. Net profit rose 35 percent to SEK 475 million thanks to a capital gain of SEK 257 million booked in January on the sale of the Swedish cable business. While capex halved compared to a year earlier to SEK 963 million, cash flow was still a negative SEK 555 million. Tele2 said the focus going forward will be on driving mobile growth in the Netherlands and Kazakhstan, based on its profitable, data-centric model in Sweden. The company is still conducting a strategic review of its Norwegian operations. 

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As Bluetooth gets smart, a connected world grows bigger

2014-04-24 19:58:24| Wireless - Topix.net

There was a big gathering in San Jose, California earlier this month and connectivity was in the air.

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AT&T earnings unchanged, but revenue grows in 1Q

2014-04-22 23:13:28| Telecom - Topix.net

AT&T says its first quarter earnings were unchanged from the first three months of last year, but revenue grew as the wireless business added more than 1 million subscribers.

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Espionage hacking grows, with more from east Europe: Verizon study

2014-04-22 13:57:41| Telecom - Topix.net

Hacking for espionage purposes is sharply increasing, with groups or national governments from Eastern Europe playing a growing role, according to one of the most comprehensive annual studies of computer intrusions.

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