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Singtel's quarterly revenue grows 2% on consumer, digital businesses growth

2019-05-15 08:02:00| Telecompaper Headlines

(Telecompaper) Singapore operator Singtel saw its revenue increase by 2 percent year-on-year to SGD 4.34 billion in the fiscal fourth quarter ended 31 March. Revenue growth was mainly boosted by its consumer business and growing digital businesses. Pre-tax profits for the regional associates declined 20 percent to SGD 389 million due to Airtel's results, which were affected by competitive pressures, and the associates' higher depreciation, spectrum amortisation and network costs from the expansion of their 4G networks. Net profit, which included exceptional gains from Airtel, was stable at SGD 773 million.

Tags: digital growth consumer businesses

Equinor Grows Deepwater Gulf Of Mexico Position With $965 Million Acquisition

2019-05-13 14:45:23| OGI

Equinor, already one of the largest producers in the Gulf of Mexico, agreed to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore.

Tags: position million mexico acquisition

Report: China's Natural Gas Consumption Grows In 1Q Amid Pollution Fight

2019-05-04 17:51:55| OGI

China's natural gas consumption grew steadily in the first quarter amid the country's fight against air pollution, the official Xinhua News Agency reported.

Tags: report natural gas fight

Hulu grows to over 28 mln subscribers, announces new content deals

2019-05-01 16:06:00| Telecompaper Headlines

(Telecompaper) US OTT TV service Hulu announced that it's passed 28 million subscribers, including 26.8 million monthly paid subscribers and 1.3 million promotional accounts. The company last reported over 25 million subscribers at the end of 2018. The figures were announced at an event in New York where Hulu also revealed details of new content and advertising offerings.

Tags: content deals subscribers announces