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Apple quarterly revenue growth slows to 1% as iPhone, China sales fall
2020-10-30 08:49:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues of USD 64.7 billion for its fiscal fourth quarter to September, up just 1 percent from a year earlier. Growth came from Mac computers and services, offsetting a drop in iPhone sales ahead of the release of new products in October. The company's net profit fell to USD 12.7 billion from USD 13.7 billion on an increase in R&D and other operating costs.
BT reports half-year revenue down 8%, EBITDA falls 5% on Covid impact
2020-10-29 10:17:00| Telecompaper Headlines
(Telecompaper) BT has reported revenue of GBP 10.59 billion for the half year to 30 September, down 8 percent on the impact of Covid-19, including lower BT Sport revenue and a drop in business activity at the enterprise units, as well as declines in legacy products.
Swisscom revenue falls 3%, EBITDA stable in first 9 months
2020-10-29 09:53:00| Telecompaper Headlines
(Telecompaper) Swisscom said that net revenues in the first nine months of 2020 fell by 3 percent year-on-year to CHF 8.2 billion, as the Covid-19 pandemic had a particularly negative impact on roaming revenues. The pandemic's overall impact on financial results is minor, however. EBITDA remained nearly stable at CHF 3.3 billion, recording a decrease of 0.1 percent. On a like-for-like basis and at constant exchange rates EBITDA increased by CHF 7 million or 0.2 percent.
Tags: months
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MTN Nigeria revenue rises 14% in first nine months, adds nearly 4 mln mobile subscribers
2020-10-29 09:40:00| Telecompaper Headlines
(Telecompaper) MTN Nigeria's revenue increased by 13.9 percent year-on-year to NGN 975.67 billion for the nine months to 30 September from NGN 856.55 billion in the same period of 2019. Service revenue increased by 13.9 percent to NGN 973.81 billion from NGN 854.94 billion in 2019. Mobile subscribers increased by 3.9 million to 75.0 million and active data users increased by 1.7 million to 30.7 million.
Tags: months
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Ooredoo Group net profit grows 16% in first 9 months, revenue down 3%
2020-10-29 09:17:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group said its net profit increased by 16 percent to QAR 1.47 billion in the first nine months to 30 September from QAR 1.26 billion in the same period in 2019 in a more favorable foreign exchange environment. Revenue declined by 3 percent year-on-year to QAR 21.41 billion from QAR 21.96 billion because of Covid-19, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some markets. This was partially offset by growth in Indonesia.
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