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Mobistar lowers FY guidance as H1 sales hit by competition

2013-07-22 09:08:00| Telecompaper Headlines

(Telecompaper) Reporting results one day early, Mobistar has lowered its full-year guidance under pressure from sharpened competition and regulations and scrapped its dividend for 2013. The Belgian mobile operator now sees revenues for 2013 down 12 percent, EBITDA of over EUR 300 million and an operating cash flow of at least EUR 100 million. The operator expects results to stabilise in 2014. Mobistar ended the second quarter with 3.33 million customers, a loss of 45,000. Still, the MVNO customer base grew to 1.07 million from 973,900. Including 105,400 customers in Luxembourg, Mobistar now has 4.509 million connections on the network, of which 69.1 percent postpaid customers. Revenues for the first half weakened 5.7 percent from the year before to EUR 757 million, and EBITDA dropped 27.6 percent to EUR 68.8 million. Mobistar said it will continue its reorganisation programme, looking now to save EUR 50 million per year from 2014.

Tags: sales hit competition guidance

 

SAP posts growth but lowers outlook in main software business

2013-07-18 19:45:45| InfoWorld: Top News

SAP reported revenue growth in the second quarter driven by growth in cloud subscriptions and revenue from support and its HANA in-memory database. However, the company lowered its growth outlook for software and software-related service revenue for the full year 2013, citing lower software revenue expectations as a result of macroeconomic challenges, particularly in Asia Pacific and Japan, and a rapid transition to the cloud.

Tags: business software main posts

 
 

Google's Chrome for iOS update speeds up Web performance, lowers data usage

2013-07-18 17:50:31| InfoWorld: Top News

Google's Chrome Web browser for iOS devices has been updated to include several enhanced features, including data compression designed to speed up page loading.

Tags: web data performance update

 

Intel lowers outlook as PC market slows more than expected

2013-07-18 07:58:00| Telecompaper Headlines

(Telecompaper) Intel has lowered its full-year outlook as the PC market slows more than expected. The world's largest chipmaker now expects flat revenues for 2013, after earlier forecasting a small increase, and cut its gross margin forecast to around 59 percent from 60 percent previously. In the second quarter, Intel reported revenues of USD 12.8 billion, up 2 percent on a sequential basis in line with its forecast but down 5 percent from a year earlier. PC Client revenues rose 1.4 percent from Q1, helped by a modest increase in inventory stocking and Haswell-based products, and data centre revenues were up 6.1 percent sequentially. The gross margin improved 2.1 percent compared to the first three months of the year to 56.8 percent. Operating profit fell 29 percent year-on-year to USD 2.7 billion, and net profit was also down 29 percent to USD 2.0 billion or USD 0.39 per share.

Tags: than market expected intel

 

HW Group is Featuring a GSM Gateway, Which Eases the Work and Lowers the Administration Expenses

2013-07-16 06:00:00| Industrial Newsroom - All News for Today

HWg-SMS-GW is designated for sending alert SMS messages from HWg devices. No software is required and the gateway works on LAN network in Box-2-Box (Peer-to-Peer) mode.<br /> <br /> This means that IP sensors and other HWg devices connected to the same network can send alert messages through HWg-SMS-GW.<br /> <br /> A huge advantage is then the use of only one SIM card for sending alert SMS messages from all devices. It is not recommended to use a pre-paid SIM card, on the other side a ...This story is related to the following:Network Devices |

Tags: the work group administration

 

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