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AT&T had strong 1Q on wireless installment plans

2014-04-23 01:18:18| Telecom - Topix.net

Although customers in the installment plan, called Next, aren't locked into traditional two-year service contracts, they pay the entire cost of phones in installments.

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ANALYSIS: Responsive supply chain key to Gap's growth plans

2014-04-22 19:11:00| Daily apparel & textile news and comment - from just-style.com

US clothing giant Gap Inc has set its sights on growing operating margin beyond 13%, as it looks to gain a larger share of the US$1.4 trillion global apparel market. Key to this is building a more responsive supply chain, seamless inventory, international expansion, and omni-channel capabilities.

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AT&T Joins Crowded Field With Online Video Plans

2014-04-22 18:39:08| Telecom - Topix.net

AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.

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Developer plans $88M for new Jekyll Island hotels

2014-04-22 14:35:07| Real Estate - Topix.net

After years spent waiting on an economic turnaround, a developer says it's ready to spend $88 million building three new hotels on Jekyll Island.

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Netflix plans price hike to offset content costs

2014-04-22 08:48:00| Telecompaper Headlines

(Telecompaper) Netflix added 4.0 million new customers in the first quarter, slightly more than expected, for a total 48.35 million streaming subscribers at the end of March. Its base rose by 2.25 million in the US to 35.67 million and increased by 1.76 million abroad to 12.68 million. The company passed USD 1 billion in streaming revenue in the quarter, up from USD 781 million a year earlier, and operating profit jumped to USD 98 million from USD 32 million a year ago. Net profit of USD 53 million or 86 cents a share was better than its outlook for stable profits versus Q4. Netflix warned that it expects US subscriber additions to slow in Q2 due to seasonality, while profits and cash flow will come under pressure in the second half from planned further expansion abroad and investments in original content. It plans a price increase of USD 1-2 for new customers in select countries to help offset the additional content costs. The company also announced plans to start launching on provider set-top boxes in the US, starting first with Tivo boxes. 

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