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Facebook lifts revenues 22% in Q3 on higher-than-expected ad performance, sees headwinds from regulations ahead

2020-10-30 09:15:00| Telecompaper Headlines

(Telecompaper) Facebook reported another set of solid figures for the first quarter, helped by a higher-than-expected growth in advertising sales as people continue to go online more for their shopping amid the coronavirus pandemic. The company noted a number of headwinds however coming ahead, as the number of daily and monthly active users in the US and Canada start to normalise after their peaks in the past quarters. Online shopping trends, and their consequent boost to ad revenue, may change or return more to previous levels. The company also sees targeting and measurement headwinds next year from platform changes, such as on Apple iOS 14, as well as from regulatory changes. Finally and not least, the company said it will closely be monitoring the impact regulation changes in Europe about data transfers may have on Facebook and other companies in the industry.

Tags: performance ahead regulations sees

 

Google's share of global digital media revenues declined in Q2

2020-10-29 18:30:45| Digital TV News

According to Strategy Analytics, while it's still the world's largest digital media company by some distance, Googles digital media revenues fell by 7.0% in Q2 2020 to $38.3B, causing its market share to fall from 29.0% in Q1 2020 to 26.3% in Q2.

Tags: media share digital global

 
 

America Movil results rebound in Q3, organic service revenues up 1.5%

2020-10-21 10:06:00| Telecompaper Headlines

(Telecompaper) America Movil reported an improvement in third-quarter results compared to Q2 trends, as confinement measures began to be lifted in its footprint and commercial activity rebounded in most markets. Revenues rose 4.7 percent year-on-year to MXN 260 billion, and EBITDA increased 10.1 percent to MXN 86.5 billion. At constant exchange rates, service revenues rose 1.5 percent year-on-year, nearly double the growth rate in Q2, as mobile service growth improved to 3.5 percent from 2.3 percent in the previous quarter. 

Tags: up service results america

 

Maroc Telecom 9-month revenues rise slightly, customer base up 4%

2020-10-19 09:22:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group's total revenues increased by 0.7 percent to MAD 27.50 billion in the first nine months to 30 September from MAD 27.31 billion in the same period in 2019. The resilience of international activities partially offset the decline in revenues in Morocco, which were hit by the Covid-19 crisis. The group's customer base increased by 4.3 percent to 70.5 million compared to 2019, with subsidiary customer bases up by 7.3 percent, fixed lines up by 6.7 percent and fixed broadband customers up by 10.4 percent in Morocco. 

Tags: customer base slightly rise

 

Pay TV subscriptions still rising, but revenues on the way down

2020-10-09 04:00:31| Digital TV News

Global pay TV revenues peaked in 2016 at $202 billion and will fall to $152 billion in 2025, according to Digital TV Research. This is lower than 2010s $175 billion - despite the number of pay TV subscribers rising by 345 million.

Tags: the way down pay

 

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