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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
Netflix adds record 10 mln new customers in Q2, misses profit guidance
2020-07-17 09:17:00| Telecompaper Headlines
(Telecompaper) The company added 10.1 million new subscribers in the second quarter, a sharp rise from the year before's 2.7 million, boosted by people staying at home due to lockdown measures amid the coronavirus pandemic. The increase brings the number of additions for the first half to 26 million from 12 million year-on-year, a leap the company says will likely start slowing down in the second half of the year as people get through the initial shock of covid-19 and accompanying social restrictions. Net adds for the third quarter are seen at 2.5 million, against 6.8 million the year before, as the earlier sharp rise pulls forward some demand.
Tags: record
customers
profit
guidance
America Movil revenue growth slows in Q2 as over 5 mln mobile customers lost
2020-07-15 08:48:00| Telecompaper Headlines
(Telecompaper) America Movil said it lost over 5 million mobile customers in the second quarter, as Covid-19 lockdown measures across almost its entire footprint impacted especially the prepaid market. Fixed customers continued to grow, with 450,000 broadband subscribers added, and underlying service revenues were 0.8 percent higher year-on-year in Q2.
Tags: mobile
lost
america
growth
Italy's WindTre fined over EUR 16 mln for personal data breaches
2020-07-14 09:41:00| Telecompaper Headlines
(Telecompaper) Italy's data protection authority, Garante Privacy, has fined WindTre a total of EUR 16.73 million for breaches of personal data legislation in the course of telephone, email and SMS-based marketing activities. Following a complex investigation, the watchdog found that WindTre used customer data without consent for promotional purposes, with users complaining that they had not been able to exercise their right to withdraw their consent.
HPE to buy Silver Peak for USD 925 mln
2020-07-13 16:50:00| Telecompaper Headlines
(Telecompaper) HPE said it plans to acquire Silver Peak, which will become part of Aruba, in a transaction valued at USD 925 million.
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