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Sprint net adds reach 1.2 mln as revenues, profit fall in Q4
2015-05-05 13:51:00| Telecompaper Headlines
(Telecompaper) Sprint announced results for its fiscal fourth quarter, saying net additions lifted to 1.2 million, the highest number in nearly three years, compared to net losses of 383,000 during its fiscal third quarter. Still, total revenues fell 7 percent year-on-year to USD 8.3 billion on the back of lower wireless service revenues. The adjusted EBITDA declined 5 percent to USD 1.7 billion while the operating profit slid to USD 318 million from 420, mainly due to higher depreciation expense. The net loss widened to USD 224 million or USD 0.06 per share, from a loss the year earlier of 151 million or 0.04 per share. Postpaid net additions improved to 211,000 from 30,000 in Q3. The company was net port positive for the first in nearly three years. Postpaid phone losses of 201,000 improved from 205,000 losses in Q3. Postpaid tablet net additions amounted to 349,000 from 189,000. Prepaid net additions amounted to 546,000 compared to 410,000 in Q3. Wholesale net additions went to 492,000 from 527,000. Postpaid ARPU fell to USD 56.94 from 58.90 in Q3. Postpaid churn lifted by 46 basis points sequentially to 1.84 percent, on the back of increasing credit standards, and a better network experience.
Executives close to Charter reach out to Time Warner Cable on merger: WSJ
2015-05-04 00:28:40| Telecom - Topix.net
Top executives close to Charter Communications Inc have reached out to management at Time Warner Cable Inc to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday. NEW YORK: Top executives close to Charter Communications Inc have reached out to management at Time Warner Cable Inc to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday .
BP, union reach tentative deal to end Whiting refinery strike
2015-04-30 03:39:13| Oil & Gas - Topix.net
BP Plc and the United Steelworkers union chapter representing striking workers at the company's Whiting, Indiana, refinery reached a tentative agreement on Wednesday to end an 11-week work stoppage. The two sides have to negotiate an agreement on returning the striking workers to the Chicago-area plant, but a ratification vote is expected next week, said Dave Danko, president of USW Local 7-1, which represents the workers.
World Demand for Dyes & Organic Pigments to Reach $19.5 Billion
2015-04-27 07:00:00| Coatings World Breaking News
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U.S. And European Emission Control Markets To Reach $18.9B In 2019; Euro 6 Emission Standards Will Push Demand For Products
2015-04-27 06:36:20| pollutiononline News Articles
CC Research reveals in its new report on U.S. and European emission control markets that demand for emission control parts and components will reach almost $18.9 billion in 2019, reflecting a five-year compound annual growth rate (CAGR) of 6.1%
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