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3 Group revenues fall 3% in H1 on lower customer base, coronavirus impact

2020-08-06 11:31:00| Telecompaper Headlines

(Telecompaper) 3 Group reported a drop in first-half results, hurt by the effects of the coronavirus crisis and the loss of customers in the UK and Italy. Revenues fell 7 percent to HKD 40.52 billion, and EBITDA was down 11 percent to HKD 14.45 billion. Excluding currency effects, revenues fell 3 percent and EBITDA was down 7 percent. 

Tags: group customer base lower

 

Liberty Global revenues fall 4.5% in Q2 hit by covid-19

2020-08-04 09:38:00| Telecompaper Headlines

(Telecompaper) Fixed-mobile convergence (FMC) continued to drive mobile growth, with 100,000 postpaid additions, and penetration reached 23 percent at Virgin Media, 46 percent at Telenet and 22 percent at UPC Switzerland. The company also said it was making progress on the proposed merger of Virgin Media and O2 UK. 

Tags: global hit fall revenues

 
 

Google reports lower revenues, first even profit decline in Q2

2020-07-31 09:19:00| Telecompaper Headlines

(Telecompaper) Google's parent Alphabet reported lower revenues and its first ever revenue fall during the second quarter, even as the company's ad business started to recover amid the coronavirus pandemic.

Tags: in google reports lower

 

Amazon lifts revenues, doubles profit in Q2

2020-07-31 08:58:00| Telecompaper Headlines

(Telecompaper) After saying earlier that profits might suffer in the second quarter amid investments related to covid-19 pandemic, Amazon has reported a doubling of its operating and net profit, with revenues up 40 percent. 

Tags: amazon profit revenues doubles

 

Apple maintains growth in June quarter, revenues up 11% on demand for Mac, iPad

2020-07-31 08:16:00| Telecompaper Headlines

(Telecompaper) Apple reported a solid set of results for its fiscal third quarter to June. Revenues rose 11 percent to USD 59.7 billion, and earnings increased 18 percent to USD 2.58. The company maintained its dividend at 82 cents a share and announced plans for a four-for-one share split to make its share price more accessible. 

Tags: june growth mac demand

 

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