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MTN Group service revenue up over 11% in Q3

2020-10-30 09:18:00| Telecompaper Headlines

(Telecompaper) MTN Group said its service revenue grew by 11.4 percent to more than ZAR 43 billion in the third quarter. EBITDA increased by 13.9 percent, and the group EBITDA margin widened by 1.4 percentage points to 43.3 percent, in line with medium-term targets. The group said the results were supported by the performance of its larger operations in South Africa, Nigeria and Ghana, and good group-wide growth in subscriber numbers despite challenging trading conditions.

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US GDP Soars in Q3

2020-10-29 14:31:19| Happi Breaking News

Jumps a record 33.1%faster than economists predicted.

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Samsung forecasts slower Q4 after smartphones drive jump in Q3 results

2020-10-29 08:33:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported a strong increase in third-quarter results, led by a 50 percent sequential increase in mobile phone sales. While demand recovered in Q3 from the Covid-19 effects earlier in the year, Samsung said it expects profit to fall in Q4, amid weakening memory chip demand from server customers and intensifying competition in mobile phones and consumer electronics.

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ZTE revenue growth accelerates to 37% in Q3

2020-10-28 14:59:00| Telecompaper Headlines

(Telecompaper) ZTE announced revenues of CNY 74.13 billion for the first nine months of 2020, an increase of 15.4 percent from the year-earlier period. The company's growth accelerated in the third quarter, to 37.2 percent to CNY 26.93 billion in revenue, compared to a 5.8 percent increase in sales reported for the first half of the year. 

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Brand Heineken up 7% as group volumes almost flat in Q3 - results data

2020-10-28 14:30:00| Daily beverage news and comment - from just-drinks.com

The expected return to growth for brand Heineken came good in the third quarter, helping its namesake owner to deliver a 1.9% decline in volumes for the period.

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