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Dutch mobile service revenues fall 9% in Q1

2014-06-05 09:23:00| Telecompaper Headlines

(Telecompaper) The decline in mobile service revenues in the Netherlands accelerated to 9.0 percent on an annual basis in the first quarter of 2014, as the market suffers from the weak economy, regulatory effects and the sharp drop in SMS use. According to Telecompaper's quarterly mobile market monitor, mobile service revenues were down 3.4 percent compared to the fourth quarter of 2013, to a total EUR 1.25 billion. While Q1 is seasonally weak, the annual drop in service revenue accelerated to 9.0 percent from 5.8 percent a year ago, amid a continued fall in voice revenue and a double-digit drop in SMS revenue. While data services are still growing, the fall-off in SMS in favour of IP applications meant non-voice service revenue grew only 2.3 percent year-on-year in Q1. As voice revenue declines, the share of non-voice in total service revenue rose to 44.8 percent in the quarter. Among the three mobile operators, mainly T-Mobile but also Vodafone increased their shares of the market's service revenues in Q1, as KPN lost the most revenues both on an annual and quarterly basis. T-Mobile increased its market share annually by 2.1 percent points, and Vodafone added 0.4 percent, while KPN lost 2.5 percent points.

Tags: service mobile fall dutch

 

U.S. EST movie transactions grow 68% year-over-year in Q1 2014

2014-06-03 17:00:00| Digital TV News

The electronic sell-through (EST) TV and movie market has grown since 2012 to more than $1 billion with EST sales now representing almost 14 percent of the 2013 physical and digital home video purchases, according to NPD.

Tags: est movie grow transactions

 
 

visit|article-5512730|mobile_home_category_body-6368|1US economy shrank at 1 percent rate in Q1

2014-05-29 19:29:41| Electronics - Topix.net

In this June 3, 2009 file photo, Baldor Electric Co. employees Dave Johnston, left, and Steve Davis, right, work inside the company's factory in St. Louis.

Tags: in rate percent economy

 

Megafon OIBDA flat, revenues up 10.6% in Q1

2014-05-29 12:35:00| Telecompaper Headlines

(Telecompaper) Russian operator Megafon reported first-quarter OIBDA little changed year-on-year, at RUB 32.50 billion, due to extra costs for the Olympics in Sochi, higher sales of low-margin handsets and the weaker ruble. Revenues were up 10.6 percent from a year ago to RUB 74.88 billion, driven by a 45 percent increase in data revenue to RUB 16.17 billion. Mobile service revenues were up 8.6 percent to RUB 64.72 billion, helped by the takeover of Scartel and a 7.5 percent annual increase in the customer base. Fixed-line revenues rose 17.1 percent to RUB 5.29 billion, helped by the Dream wholesale project, and equipment sales were up 35.1 percent to RUB 4.86 billion, driven by the operator's own white-label devices. Megafon's net profit fell 42.7 percent year-on-year to RUB 7.23 billion, hurt by forex losses and higher depreciation and amortisation from the Scartel takeover. Capital expenditure doubled compared to the year-ago period to RUB 8.35 billion due to the continued expansion of the LTE network and upgrade of 3G services. As a result, free cash flow decreased by 40.7 percent to RUB 13.55 billion. Megafon maintained its full-year outlook for revenue growth of 6-8 percent and an OIBDA margin of at least 44 percent. Capital spending is estimated at RUB 58-64 billion for 2014. The company said it was also planning to start paying interim dividends. 

Tags: flat revenues q1 megafon

 

US: Apparel and footwear sales boost Hibbett Sports Q1

2014-05-27 13:37:00| Daily apparel & textile news and comment - from just-style.com

Strong demand for its core footwear and brand-focused apparel helped sporting goods retailer Hibbett Sports to book an 8.4% increase in first-quarter profit.

Tags: sports sales apparel boost

 

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