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Tag: capex
Globe Telecom reveals $850m capex budget for 2018
2018-01-09 01:00:00| Total Telecom industry news
Globe Telecom has revealed it will spend $850 million on capital expenditure projects in 2018. The Filipino telco made the announcement in a statement to the Manilla Stock Exchange. …read more on TotalTele.com »
Tags: budget
telecom
globe
reveals
Bharti Airtel hikes 4G capex, plans 3G switch-off
2017-11-02 01:00:00| Total Telecom industry news
Bharti Airtel has ramped up capital spending on its Indian 4G network to 250 billion rupees (€3.32 billion) from INR200 billion for the current financial year. The Economic Times reported this week that the India-based telco has also revealed plans to shut down its 3G network and refarm spectrum in the 2…read more on TotalTele.com »
Tags: plans
hikes
airtel
bharti
Report: Low crude oil prices to continue to impact capex spending on planned projects
2016-09-23 01:00:00| Offshore Technology
Capex spending on planned oil and gas projects is expected to fall further due to low crude prices, with estimated decreases from $299.2bn in 2016 to $167.61bn by 2020, according to a GlobalData report.
Tags: report
low
continue
prices
Telenor trims sales, capex outlook, raises EBITDA target
2016-07-19 08:35:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its annual sales growth outlook and improved its EBITDA margin target, after a mixed performance across its operations in Q2. Revenues rose slightly to NOK 32.48 billion from NOK 31.41 billion a year ago, with growth held back by difficult market conditions in Thailand and Malaysia. Organic mobile service revenue was up 4 percent, while handset sales were lower. The company now expects to report organic revenue growth of just 1-2 percent over the full year, compared to its previous forecast of 2-4 percent. However, Telenor raised its EBITDA margin target to around 35 percent, from 33-34 percent previously, after an improvement in Q2 to 35.5 percent from 34.1 a year ago. Total EBITDA rose to NOK 11.55 billion from NOK 10.70 billion, helped by the contribution from Myanmar, which is already reporting positive cash flow. T
Tags: sales
target
outlook
raises
GlobalData says oil sands projects in Canada to see $40.6bn CapEx between 2016 and 2025
2016-07-13 01:00:00| Hydrocarbons Technology
A new report released by global research and consulting firm GlobalData revealed that oil sands projects in Canada will see capital expenditure (CapEx) of $40.6bn out of a total $82.8bn between this year and 2025.
Tags: canada
projects
oil
sands
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