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Tag: confirms
Telecom Italia revenues down 8% in Q1, confirms FY core profit forecast
2020-05-19 08:58:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) confirmed its full-year core profit guidance in spite of an 8.4 percent year-on-year decline in first-quarter revenues to EUR 3.96 billion, attributed to a sharp fall in domestic sales resulting from lower customer numbers in stores and reduced roaming traffic during the coronavirus lockdown. The company's EBITDA was down 7.5 percent year on year on organic terms to EUR 1.77 billion in the first 3 months of 2020 thanks to cost savings and a 1.6 percent rise in revenues at TIM Brasil that partially offset the lower domestic revenues.
Tags: italia
core
profit
telecom
Road trip confirms survivability of swine viruses
2020-05-07 16:51:00| National Hog Farmer
SHIC-funded demonstration project confirms viral survival in feed.
Tags: road
trip
viruses
confirms
Dominion Confirms $8 Billion Atlantic Coast Natgas Pipe Cost
2020-05-06 15:35:15| OGI
The pipeline will enter service in early 2022, its CEO says, if it gets tree-cutting permits.
Tags: cost
coast
billion
atlantic
Telefonica Germany grows revenues, OIBDA in Q1, confirms outlook for 2020
2020-05-06 09:42:00| Telecompaper Headlines
(Telecompaper) Telefonica Germany said its revenues grew by 3.8 percent year-on-year in Q1 to EUR 1.84 billion, in line with expectations. The company confirmed its guidance for the fiscal year 2020, for flat to slightly higher revenues, broadly stable to slightly higher adjusted OIBDA and capex at 17-18 percent of revenues, while continuing to monitor the impact of the Covid-19 crisis.
Tags: germany
outlook
revenues
grows
Intel confirms acquisition of Moovit for USD 900 million
2020-05-05 08:43:00| Telecompaper Headlines
(Telecompaper) Intel has confirmed the acquisition of mobility applications developer Moovit for USD 900 million, or USD 840 million net of Intel Capital's profit on its initial stake. Moovit is expected to add to Intel's ADAS business Mobileye and its plan to become a complete mobility provider.
Tags: million
usd
intel
acquisition
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