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Tag: revenues
Twitter user growth accelerates in Q2, but revenues, profits fall on weak ad market
2020-07-23 15:15:00| Telecompaper Headlines
(Telecompaper) Twitter reported accelerated growth in users in the second quarter, as more people took to the social media platform to discuss current events. However, the user growth did not translate into more revenues, as the advertising market remained weak during the coronavirus outbreak, and the company reported a loss for the quarter.
AT&T results fall in Q2 as Covid-19 hits ad revenues, subscriber growth
2020-07-23 14:22:00| Telecompaper Headlines
(Telecompaper) AT&T reported a fall in second-quarter results, as the Covid-19 pandemic hurt advertising, pay-TV and roaming revenues at the company. Net earnings fell to USD 0.17 per share from USD 0.51 a year ago, including a goodwill writedown on its Vrio pay-TV business in Latin America (USD 0.29) and restructuring costs (USD 0.10), and adjusted earnings dropped to USD 0.83 from USD 0.89, including an estimated 9-cent impact from the pandemic.
Tags: results
fall
growth
hits
Mobily lifts Q2 net profit as active FTTH users expand, business and wholesale revenues rise
2020-07-21 09:26:00| Telecompaper Headlines
(Telecompaper) Saudi operator Mobily said its net profit increased to SAR 185 million in the second quarter ended 30 June compared with SAR 37.8 million in Q2 2019, mainly due to increased revenue from business and wholesale units, as well as the FTTH active base. Revenue amounted to SAR 3.56 billion versus SAR 3.33 billion in Q2 2019, or year-on-year growth of 6.8 percent.
Tags: net
business
users
active
Cellnex revenues up 48% to EUR 723 mln in H1, lifts FY guidance
2020-07-21 09:22:00| Telecompaper Headlines
(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues of EUR 723 million in the first half of 2020, up 48 percent year on year, with EBITDA rising 64 percent to EUR 527 million thanks mainly to the series of acquisitions made in 2019 in France and Italy (Iliad), Switzerland (Salt), the UK (BT), Ireland (Cignal) and Spain (Orange), as well as the purchase of OMTEL in Portugal, which closed in January. The financial costs of these investments and higher amortisation prompted a net loss of EUR 43 million in the same period, up from EUR 30 million in the first three months of 2020, a negative result that's expected to continue "in the coming quarters", said Cellnex.
Tags: eur
guidance
revenues
lifts
Telenor cuts FY outlook as underlying revenues turn lower in Q2
2020-07-16 09:19:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its outlook for full-year results, after the Covid-19 outbreak led to a slowdown in the second quarter. Organic growth in subscription and traffic revenues turned negative in the quarter, down 3.6 percent, and Telenor now expects a low single-digit decline over the full year. Cost reductions helped the company lift EBITDA in the quarter, and Telenor targets a stable result in the full year.
Tags: in
turn
lower
underlying
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