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Tag: q1
Telenor lowers FY outlook after flat Q1 sales
2013-04-26 09:11:00| Telecompaper Headlines
(Telecompaper) Telenor slightly lowered its sales growth outlook for 2013, after a weak start to the year. First-quarter revenues fell to NOK 24.72 billion from NOK 25.12 billion a year ago, hurt by the reduction in scale at the Indian operations as well as regulatory effects. On an organic basis, revenues were flat, prompting the downgrade in the full-year outlook to 2-4 percent organic growth from an earlier target of 3-5 percent. Telenor still forecasts an EBITDA margin around 34 percent this year, after the Q1 result improved to 34.1 percent from 30.9 a year ago. Total EBITDA increased 8.5 percent to NOK 8.42 billion, driven by improved performance in India, Norway and Thailand. The company's net profit jumped to NOK 3.60 billion from NOK 584 million a year ago, thanks to lower impairment charges and higher results from its stake in Vimpelcom. Telenor increased capex slightly in the quarter in line with its full-year outlook to NOK 2.87 billion, and operating cash flow was also up slightly, to NOK 5.55 billion.
Alcatel-Lucent reports loss on flat revenues in Q1
2013-04-26 09:00:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent reported revenue up 0.6 percent to EUR 3.23 billion in the first quarter, compared to EUR 3.21 billion in the year-earlier period. Sales in North America increased 15.1 percent to EUR 1.55 billion, offsetting decreases of 10.1 percent to EUR 771 million in Europe, 5.8 percent to EUR 467 million in Asia-Pacific and 13.3 percent to EUR 443 million in the rest of the world. Alcatel made a EUR 202 million operating loss in the first quarter, compared to a EUR 290 million operating loss in the first quarter of 2012. The company reported a EUR 353 million net loss, after EUR 122 million of restructuring charges and a EUR 152 million financial loss, compared to a EUR 259 million net profit in the first quarter of 2012. CEO Michel Combes said the first quarter results reflected encouraging trends in the marketplace and good progress with its Performance Programme. The group is reviewing its businesses and operating model to design the conditions for value creation in the future. The outcome of the review will be announced in early summer.
Tags: reports
loss
flat
revenues
iPhone shipments record slowest growth in Q1
2013-04-26 02:00:00| Total Telecom industry news
Apple handset's market share falls in first quarter while Samsung's rises to highest ever level, Strategy Analytics reports.
SWEDEN: New Wave returns to profit in Q1
2013-04-25 14:38:17| Daily apparel & textile news and comment - from just-style.com
Swedish brand developer New Wave AB has returned to profit during its first-quarter, thanks to higher turnover and controlled costs.
Tags: returns
profit
sweden
wave
MTN grows subscriber base 3.2% to 195.4 mln in Q1
2013-04-25 10:15:00| Telecompaper Headlines
(Telecompaper) MTN Group increased its subscriber numbers by 3.2 percent over the first quarter to 195.4 million. Growth was led by Nigeria, where it added a net 3.9 million new customers in the three months, helping offset a net loss of 470,000 customers in its home market South Africa. Customer numbers were also up in Ghana (290,000), Cameroon (192,000), Ivory Coast (354,000), Uganda (248,000) and Syria (364,000). MTN maintained its guidance for net additions over the full year of 21 million.
Tags: base
subscriber
grows
q1
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