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Tag: q3
Belgian mobile service revenues fall 14.4% in Q3
2013-11-25 09:35:00| Telecompaper Headlines
(Telecompaper) The Belgian mobile operators recorded service revenues of EUR 757 million in the third quarter, down 14.4 percent from a year earlier, according to the latest research from Telecompaper. The lower revenues were due to a drop in voice revenues, hurt by regulatory price cuts, as well as a small decline in non-voice revenue (SMS, data). The weak economic climate and increased competition after the change in legislation to cap contracts at six months also played a role. Non-voice now accounts for around 41 percent of service revenue, up from 37 percent in Q3 2012. Non-voice revenues were still down by EUR 11 million from the year-earlier period to EUR 314 million. Compared to the second quarter, the figure was down y EUR 13 million. Mobistar's service revenues fell the most in Q3, down by 14.6 percent year-on-year. Proximus was down by 14.1 percent, and Base's revenues dropped by 13.0 percent. The number of active Sim cards on the Belgian market declined by 2.0 percent year-on-year to 12.9 million at the end of September. While there was growth in postpaid, the number of prepaid users declined more, largely due to Base disconnecting inactive prepaid customers. For the full year 2013, Telecompaper expects Belgian mobile service revenues to fall by around 12 percent to EUR 3.1 billion.
Tags: service
mobile
fall
revenues
US: Stein Mart returns to profit in Q3
2013-11-21 18:34:00| Daily apparel & textile news and comment - from just-style.com
Off-price fashion retailer Stein Mart Inc has turned in a profit during its third quarter thanks to "continued sales momentum."
Tags: returns
profit
stein
mart
US: The Buckle posts 3.1% drop in Q3 profit
2013-11-21 18:10:00| Daily apparel & textile news and comment - from just-style.com
Teen fashion retailer The Buckle Inc has posted a 3.1% drop in third quarter profit after sales slipped.
Dutch mobile service revenues fall 6.4% in Q3
2013-11-21 10:56:00| Telecompaper Headlines
(Telecompaper) Dutch mobile service revenues fell 6.4 percent annually and declined 1.9 percent quarterly to a total EUR 1.36 billion in the third quarter of 2013, according to the latest research from Telecompaper. The market contraction was driven by a continued decline in voice revenue and slowdown in data services growth. Non-voice services (data and SMS) were estimated at 42.1 percent of total mobile service revenue in the quarter, but these are not growing fast enough to offset fully the erosion in voice revenues, the market researcher said. Telecompaper now expects the Dutch market to shrink 6 percent over the full year 2013 to around EUR 5.5 billion in service revenue. Over the five years to 2017, it estimates a compound annual growth rate of minus 2.5 percent, as the economic recession, regulation and the shift to OTT and Wi-Fi services continue to weigh on the sector. The Dutch market saw a slight decrease of 1.3 percent year-on-year in the number of mobile SIMs (including MVNOs), to a total 20.3 million at the end of September 2013. KPN's market lead increased to just under 48 percent of subscribers (mainly due to the migration of MVNO Lycamobile from Vodafone to KPN), while Vodafone saw its market share decrease to less than 27 percent, and T-Mobile was relatively stable at almost 26 percent.
Tags: service
mobile
fall
dutch
US: JC Penney "making strides" despite wider Q3 loss
2013-11-20 16:00:00| Daily apparel & textile news and comment - from just-style.com
Struggling department store retailer JC Penney has seen its third-quarter losses widen, hurt by lower revenues and margins - but says it expects sales to improve during the fourth quarter.
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