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PLDT allots P26-B for wireless capex

2015-04-02 04:25:03| Wireless - Topix.net

Dominant carrier Philippine Long Distance Telephone Co. is spending P26 billion for the capital expenditures of its wireless business this year amid the segment's slowing revenue contribution.

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Most European Paper and Forest Product Companies to Maintain or Increase Capex in 2015

2015-03-27 15:48:52| Paper - Topix.net

Metsa will increase its capex fourfold in 2015, on the back of the expansion of its folding boxboard production capacities. March 27, 2015 - Most European paper and forest product companies will maintain or increase their capital expenditure in 2015 to meet their expansion plans, says Moody's Investors Service in a sector comment published on March 25. These include Metsa Board Corporation , Mondi Plc , Sappi Limited , Smurfit Kappa Group Plc , Stora Enso Oyj and UPM-Kymmene .

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Telecom Italia hikes infrastructure capex

2015-02-20 01:00:00| Total Telecom industry news

Italian telco to spend more on fibre rollout, LTE in Italy and Brazil over next three years.

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Vodafone slows drop in revenue, capex up 39% in Q3

2015-02-05 08:24:00| Telecompaper Headlines

(Telecompaper) Vodafoe Group slowed the decline in organic service revenue to 0.4 percent in its fiscal third quarter to December. In Europe, organic service revenues fell 2.7 percent to GBP 6.63 billion, as the mobile operator returned to growth in the UK and the drop in revenues relented to 1.0 percent in Germany. In the Africa, Middle East and Asia region, organic service revenue grew 5.9 percent year-on-year to GBP 3.06 billion, led by strong demand for data services. The company also reported a 39 percent increase in capital expenditure to GBP 2.13 billion. Vodafone said its Project Spring investment programme was progressing well, leading to a reduction in dropped calls and 65 percent 4G coverage in Europe. Over time, the compny expects the improved networks will lead to further improvements in churn, ARPU and customer perception. Vodafone has launched LTE in 18 markets and said it had 13.7 million customers using 4G. The operator confirmed its outlook for the full year to March of EBITDA of 11.6-11.9 billion and positive free cash flow after capex.

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ConocoPhillips Posts Loss, Cuts Capex Again

2015-01-29 14:53:50| Oil & Gas - Topix.net

ConocoPhillips , the largest independent oil and gas company, on Thursday reported a quarterly loss and again slashed its 2015 capital expenditures, citing lower crude prices. ConocoPhillips, which previously announced plans to cut 2015 spending by 20 percent in December, said it now expects to spend $11.5 billion, down from a prior projection of $13.5 billion.

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