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Zoom beats guidance again as revenues grow nearly five-fold in Q3

2020-12-01 08:56:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported revenues of USD 777.1 million for its fiscal third quarter to October, growing nearly five-fold from USD 166.6 million in the year-earlier period thanks to demand from home workers for its videoconferencing platform. After the better-than-expected sales, the company raised its full-year revenue forecast to USD 2.575-2.580 billion from an estimate in late August of USD 2.37-2.39 billion.

Tags: in grow zoom guidance

 

Salt sees revenues and EBITA decrease, adds 21,800 postpaid customers in Q3

2020-11-26 09:18:00| Telecompaper Headlines

(Telecompaper) Swiss operator Salt said its total revenues decreased year on year in Q3 2020 by 2.3 percent to CHF 259.2 million, on a like-for-like basis, from CHF 265.4 million in the same period the prior year, hit by a fall in roaming revenue due to the impact of Covid-19 on travel. On a reported basis, including the effect of the tower sales and Covid-19, operating revenues excluding incoming revenues were down by 2.2 percent in Q3 to CHF 212.3 million.

Tags: customers decrease salt adds

 
 

Altice France returns to EBITDA growth, as revenues rise 4% in Q3

2020-11-20 10:44:00| Telecompaper Headlines

(Telecompaper) Altice Europe's French operations reported an improving trend in financial performance for the three months to September, while the customer base experienced significantly lower net additions, particularly in the mobile segment. Revenues progressed 4.0 percent year-on-year to EUR 2.75 billion (+0.2% in Q2), as growth picked up in telecom activities and the contraction in the Media business eased considerably. Adjusted EBITDA rose 2.8 percent to EUR 1.08 billion, following the 1.0 percent drop reported in the June quarter.

Tags: in france returns growth

 

Iliad group revenues increase 6% in Q3, as customer base growth continues

2020-11-17 10:19:00| Telecompaper Headlines

(Telecompaper) Iliad said it generated revenues of EUR 1.42 billion in the three months to September, up 6.3 percent year-on-year (+6.7% in Q2). The group maintained its growth momentum in customer acquisitions in Italy, as well as across its French operations, and said that it is readying to launch a B2B commercial offensive in France, while preparing to enter the fixed broadband market in Italy.

Tags: group customer base increase

 

Telecom Italia revenues down 5% in Q3, spins off data centre business

2020-11-11 08:57:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported an organic 5.0 percent year-on-year decline in revenues to EUR 3.90 billion in the third quarter of 2020, an improvement on the previous quarter's 10.1 percent fall, attributed in part to Italy's strong recovery from the first Covid-19 lockdown and higher fibre demand. Underlying service revenues also improved somewhat to EUR 3.5 billion, down 6.4 percent year on year compared to an 8.2 percent decline in the second quarter. Organic earnings before interest, tax, depreciation and amortisation (EBITDA) after lease costs came to EUR 1.76 billion, down 7.9 percent year on year, due to negative Covid-19 impact that was in part offset by a 1.3 percent rise in service revenues at TIM Brasil.

Tags: business data centre italia

 

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