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Masmovil sales up 10% in Q2, confirms FY targets despite Covid effect

2020-07-28 09:35:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, continued to grow in the second quarter of 2020 in spite of strong Covid-19 impact, reporting revenues of EUR 453 million, up 10 percent year on year compared to a 16 percent growth in Q1. Service revenues came to EUR 416 million, up 18 percent, after the company managed to add 153,000 postpay and 108,000 fibre customers from April to June even after the portability process was temporarily suspended by the government. Adjusted EBITDA was up 28 percent year on year to EUR 143 million, with the company's EBITDA margin climbing to 27 percent in Q2 and 32 percent in H1, the latter up 5 percentage points.

Tags: sales effect targets confirms

 

US Oil Production Wells Up after COVID Price Crash

2020-07-27 15:25:00| OGI

Oil production in the U.S. is expected to stabilize at about 11 million bbl/d after recovering from a low in June.

Tags: price production oil crash

 
 

Can Covid Spread With Air Conditioning? HVAC Makers Plan Upgrades

2020-07-27 13:46:00| National Real Estate Investor

Many of the methods to reduce pathogens have been around for years, such as UV light and bipolar ionization.

Tags: plan air spread conditioning

 

The Essential Need for 5G in the COVID World

2020-07-27 13:00:00| TechNewsWorld

Much of my time recently has been spent looking at schools and companies that tried and often failed to pivot to remote work and education. One of the biggest problems has been connectivity. Our infrastructure wasn't set up to suddenly shift massive amounts of traffic from companies to homes. Exacerbating this are cable networks with shared capacity because they were built with the idea that most folks wouldn't be using them at the same time. 5G might be the only realistic way to deal with these issues on a sustained basis.

Tags: the world essential covid

 

Coca-Cola Amatil blames COVID for Indonesia write-down

2020-07-23 16:23:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Amatil is to write down its assets by as much as AUD190m (US$134m) due to the effects of the coronavirus pandemic on trade.

Tags: indonesia blames cocacola writedown

 

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