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Microsoft grows quarterly revenues 12% on demand for cloud software

2017-10-27 08:38:00| Telecompaper Headlines

(Telecompaper) Microsoft reported a strong set of a results for its fiscal first quarter to September. Revenue increased 12 percent year-on-year to USD 24.5 billion, operating profit rose 15 percent to USD 7.7 billion, and net profit was up 16 percent to USD 6.6 billion. 

Tags: software microsoft demand quarterly

 

Economy grows by 0.4% in third quarter

2017-10-25 10:48:34| BBC News | Business | UK Edition

UK economy grows 0.4% between July and September, raising expectations of a rate rise next week.

Tags: third economy quarter grows

 
 

Telenor maintains outlook as EBITDA grows 9% in Q3, organic sales up 1%

2017-10-25 08:40:00| Telecompaper Headlines

(Telecompaper) Telenor maintained its outlook for 1-2 percent organic revenue growth this year, after reporting a 1.0 percent increase for Q3 and 0.8 percent growth for the first nine months of 2017. The operator said it delivered a strong set of Q3 results, as over NOK 1 billion in cost savings this year drove a 9 percent increase in EBITDA. 

Tags: up sales organic outlook

 

China Mobile 9-month profit grows 4.6% as data traffic doubles

2017-10-20 14:25:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its operating revenue reach CNY 569.5 billion for the first nine months of 2017, which represents an increase of 4.9 percent year-on-year. Revenue from telecommunications services amounted to CNY 515.3 billion, up 7.1 percent compared to the year-earlier period. EBITDA stood at CNY 211.3 billion, up 5.5 percent year-on-year, while profit rose 4.6 percent to CNY 92.1 billion for the 9-month period.

Tags: data china mobile traffic

 

Tele2 raises FY outlook again, as mobile service revenue grows 9% in Q3

2017-10-19 08:22:00| Telecompaper Headlines

(Telecompaper) Tele2 has upgraded its outlook for the full year, after a strong quarter of growth in the mobile market in Q3. It now expects mobile service revenue to grow in the high single digits this year, compared to its earlier forecast for a mid single-digit increase. In Q3, mobile service revenue was up 9 percent to SEK 3.927 billion, and in the first nine months of the year, service revenue grew 15 percent. 

Tags: in service mobile revenue

 

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