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Zain Group Q1 revenue flat but EBITDA rises 5%

2016-04-25 09:14:00| Telecompaper Headlines

(Telecompaper) Zain Group said its consolidated revenues reached USD 919 million in the first three months to 31 March, a similar level to the same period in the previous year. The group closed the period serving 45.5 million customers. EBITDA rose by 5 percent to USD 407 million, reflecting an EBITDA margin of 44 percent.

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Verizon posts modest growth in Q1 revenue, profit

2016-04-21 15:21:00| Telecompaper Headlines

(Telecompaper) Verizon posted USD 32.2 billion of operating revenue in the first quarter, up 0.6 percent on the first quarter of 2015. The consolidated EBITDA margin stood at 37.2 percent in the first quarter of this year. Net profit rose by 2.1 percent to USD 4.43 billion (USD 1.06 per share), compared to USD 4.34 billion (USD 1.02) a year ago. Verizon Wireless had 640,000 retail postpaid net additions in the quarter, taking the total to 112.6 million, up 3.7 percent in a year. In the wireline segment, Fios fibre services continued to be the drive or revenue growth, representing around 81 percent of USD 4 billion of consumer revenue.

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EFI reports record first quarter revenue

2016-04-20 23:08:02| Label and Narrow Web Breaking News

The company reported revenue of $234.1 million, up 20% compared to first quarter 2015 revenue.

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Revenue for Grid Asset Management, Condition Monitoring Devices to Reach $6.5 Billion in 2025

2016-04-19 16:52:00| Transmission & Distribution World

A new report from Navigant Research explores the global market for asset management and condition monitoring solutions read more

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UBS Downgrades Union Pacific Amid 'Further Revenue Malaise'

2016-04-18 15:49:56| Railroads - Topix.net

Union Pacific Corporation has been facing a mix issue, which has put earnings under pressure. UBS' Thomas Wadewitz downgraded the rating for the company from Buy to Neutral, while reducing the price target from $89 to $88.

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