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Tag: revenue
Telco cloud revenue to soar to $29bn by 2025
2020-11-25 01:00:00| Total Telecom industry news
A new whitepaper from ABI Research has shown that the global telco cloud market is set to increase explode over the next five years. Currently, the global market value sits at around $8.7 billion, an amount that is set to more than triple by 2025, reaching $29.3 billion. The five-year CAGR for global revenue is 27%. According to their modelling, the global telco cloud market will be split relatively evenly around the globe…read more on TotalTele.com »
Tags: revenue
cloud
soar
telco
Xiaomi revenue growth accelerates to 35% in Q3 on stronger smartphone sales
2020-11-24 14:58:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported a strong acceleration in sales growth in the third quarter, driven by demand for its affordable 5G smartphones. Revenues rose 34.5 percent year-on-year to CNY 72.2 billion, and the company shipped 45.3 percent more smartphones than in Q3 2019, at a total 46.6 million units.
Tags: sales
growth
revenue
stronger
Vodafone underlying service revenue still off in Q2 on reduced roaming
2020-11-16 09:58:00| Telecompaper Headlines
(Telecompaper) Vodafone said underlying service revenue declines slowed on a sequential basis in its fiscal second quarter to end September, to 0.4 percent year-on-year from a decline of 1.3 percent in the first quarter. Underlying momentum was offset by lower revenue from roaming and visitors amid the continuing covid-19 pandemic. Excluding roaming, service revenue grew 1.5 percent in Q2. The general figure was still off from the year before, when underlying service revenues lifted 0.7 percent.
Tags: service
reduced
revenue
underlying
Safaricom H1 service revenue falls 5% as M-Pesa turnover shrinks by 15%, active customers rise 14%
2020-11-09 09:33:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom's net profit decreased by 6.0 percent to KES 33.07 billion in the first six months to 30 September from KES 35.19 billion in the same period of 2019. Total revenue decreased by 4.1 percent to KES 124.53 billion from KES 129.92 billion in 2019 with service revenue dropping 4.8 percent to KES 118.41 billion from KES 124.32 billion. The company attributed the decline to Covid-19 pandemic, blaming the decline in service revenue performance on lower M-Pesa and voice revenues.
Tags: service
active
customers
rise
IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs
2020-11-06 09:55:38| Green Car Congress
Tags: in
global
automotive
growth
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