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RCom net profit grows to INR 6.75 bln in Q2
2013-11-13 08:14:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Communications (RCom) saw its net profit increase to INR 6.75 billion in the fiscal second quarter to 30 September, from INR 1.02 billion in the year-ago quarter. Excluding the reversal of a provision of INR 4.41 billion, net profit was INR 2.34 billion for the quarter. Indian operations revenue rose 5.4 percent year-over-year to INR 46.24 billion, while global operations revenue went down 0.3 percent to INR 11.39 billion for the quarter. EBITDA for the Indian operations rose 15.1 percent to INR 16.40 billion, and the global operations grew 15.5 percent to INR 2.46 billion. Total EBITDA was INR 23.28 billion in Q2, and RCom invested INR 364 billion on capital equipment during the quarter. It remained free cash flow positive and said this is expected to continue. ARPU went up 26.3 percent year-over-year to INR 120, helped by a 30.8 percent increase in the data customer base to 34 million, including 9.1 million 3G customers. Total data traffic rose 116 percent year-over-year to 37.570 billion MB, thanks to more subscribers and higher data usage per customer. RCom finished September with a total 117.5 million mobile customers, down by 9.4 million from the previous quarter
Advanced Photonix Loss Shrinks As Revenue Grows
2013-11-13 04:49:37| Semiconductors - Topix.net
Advanced Photonix Inc. late Tuesday reported a loss of $578,000 or 2 cents a share in the second fiscal quarter ended Sept.
Tags: advanced
loss
revenue
grows
Huggies MomInspired network grows
2013-11-12 06:00:00| Nonwovens Industry Breaking News
More than $600,000 provided to parent entrepreneurs since 2010.
Tags: network
grows
huggies
network grows
In devastated Philippine city, anger grows, aid elusive
2013-11-11 15:36:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Hung outside a shattered church in the Philippine coastal city of Tacloban, on a road flanked with uncollected corpses and canyons of debris, is a handwritten sign. It read, "We need help!" Relief supplies are pouring into Tacloban three days after Typhoon Haiyan, one of the most powerful storms ever recorded, turned this once-vibrant port city of 220,000 into a corpse-choked wasteland. Tacloban city administrator Tecson Juan Lim says the death toll in this city alone "could go up to 10,000."...
Demand For Forest Carbon Offsets Rises As Forestland Under Carbon Management Grows
2013-11-11 11:19:00| Climate Ark Climate Change & Global Warming Newsfeed
Ecosystem Management: Carbon finance supported the management of forests spanning 26.5 million hectares worldwide as businesses in 2012 injected a near-record $216 million into projects that plant trees, avoid deforestation, improve forest management and support low-carbon agriculture. These projects, a key defense against the ecological and socio-economic impacts of climate change, were financed by the sale of 28 million tonnes of carbon offsets, according to the 2013 State of the Forest Carbon Markets report released...
Tags: management
demand
forest
carbon
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