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Millicom confirms target for USD 9 bln in revenue in 2017

2014-09-25 09:03:00| Telecompaper Headlines

(Telecompaper) Millicom has confirmed a target of over USD 9 billion in revenue in 2017, compared to USD 5.2 billion in 2013. driven by recent acquisitions and expansion in the cable TV and online segments. At its Capital Markets Day, the company highlighted its current 9 percent annual growth in revenues (in local currency), with its mobile business advancing 6 percent, cable rising by 16 percent and mobile financial services up 41 percent. The recently completed takeover of UNE in Colombia will also contribute to growth. In 2014 Millicom expects the contribution from UNE to reach USD 550 million of revenues, around USD 120 million in EBITDA (before integration costs) and capex of USD 120 million. Millicom confirmed its initial estimate of synergies of USD 600 million (including integration costs) from the takeover. More details on synergies will be announced early next year following the completion of the integration planning phase. Having completed the UNE deal, the company said it now plans a period of focusing on debt deleveraging.   

Tags: in target usd revenue

 

Microsoft confirms Windows 9 event for September 30, Technical Preview to follow soon after

2014-09-16 16:06:11| Extremetech

Microsoft has sent out the official press invites for an event on September 30, where we are almost certain that Windows 9 (codenamed Threshold) will be unveiled. The Windows 9 Technical Preview should be handed out to event attendees, and should also be available online on September 30 or very soon after.

Tags: after september windows event

 
 

GM confirms at least 19 deaths from faulty ignition switches

2014-09-15 19:54:27| Apparel - Topix.net

The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.

Tags: deaths switches confirms ignition

 

New York State Health Department Confirms Multiple Cases of Enterovirus 68

2014-09-13 10:20:32| Biotech - Topix.net

The New York State Health Department announced on Friday that it has identified multiple patients who have fallen ill with the Enterovirus 68. Based on information from various state agencies and the U.S. Centers for Disease Control and Prevention, the total number of states in which the Enterovirus 68 may have spread could be as high 18. The CDC has confirmed the virus in at least seven states. The New York State Department of Health would also say that cases of the disease have been confirmed in the Capital Region and in Central New York.

Tags: state york health department

 

Vencorex Confirms its Conversion of Chlorine Production at the Pont-de-Claix Chemical Site

2014-09-12 07:00:00| Coatings World Breaking News

Tags: site production chemical conversion

 

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