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Tag: q3
Megafon grows revenues 9% in Q3
2013-11-13 11:18:00| Telecompaper Headlines
(Telecompaper) Russian mobile operator Megafon saw its third-quarter revenues grow by 9 percent year-on-year to RUB 77.543 billion, driven by strong growth in data services and equipment sales. OIBDA increased by 10.5 percent to RUB 35.387 billion, and the OIBDA margin was up 0.6 percentage points to 45.6 percent. The net profit totaled RUB 15.321 billion, up by 2.9 percent year-on-year. Capital expenditure of the operator was RUB 10.862 billion in the quarter, up by 51.5 percent from a year earlier, and free cash flow rose 13.9 percent to RUB 28.037 billion. The subscriber base reached 68.3 million at the end of September, up by 5.4 percent yer-on-year. Megafon said revenues from data services jumped by 24.2 percent to RUB 12.632 billion, driven by the increasing number of smartphones on the network and the expansion of the LTE network. The LTE network was available in 31 regions or around 30 percent of the Russian population at the end of the quarter. Megafon maintained its outlook for high single-digit growth in revenues over the full year and raised its OIBDA margin target to at least 44 percent, after the strong performance in the first nine months of the year. The capex budget was cut by RUB 5 billion, to RUB 50-55 billion in 2013.
Tags: revenues
grows
q3
megafon
Android grows smartphone market share to 81% in Q3
2013-11-13 09:01:00| Telecompaper Headlines
(Telecompaper) Google's Android operating system grew its share of the smartphone market to 81.0 percent in the third quarter, equal to 211.6 million phones shipped, according to estimates from IDC. Samsung accounted for just under half the Android shipments. Android increased its share from 74.9 percent a year earlier, while Apple's iOS fell to 12.9 percent from 14.4 over the same period. Microsoft's Windows showed the strongest growth, increasing its share from 2.0 percent in Q3 2012 to 3.6 percent this year. BlackBerry fell over the same period to 1.7 percent from 4.1. IDC attributed the growth in Android and Microsoft to the companies' pricing strategies, offering a full range of devices including for the low end of the mass market. The market researcher estimates the average selling price for a smartphone was down 12.5 percent in the third quarter to USD 317. This comes despite the growing number of large-screen phones, which sell for a notably higher average price of USD 443. IDC estimates that phablets of at least 5 inches already accounted for 21 percent of the smartphone market in Q3. Apple's lack of a large screen device may result in a further erosion of its market share in Q4.
Tags: share
market
grows
smartphone
Howard Marks Buys Large Construction Holding, 8 Others in Q3
2013-11-12 01:52:52| Industrial Machines - Topix.net
Chairman of Oaktree Capital Howard Marks is near living legend status in the investing world.
Tags: large
construction
holding
marks
just The Preview - Carlsberg's Q3 & YTD
2013-11-11 11:32:00| Daily beverage news and comment - from just-drinks.com
Carlsberg will release it third-quarter and year-to-date results on Wednesday (13 November). Here just-drinks takes a look at the brewer's news in the three months to the end of September, and its results for the year so far.
Tags: preview
q3
ytd
carlsbergs
Sonic reports higher income, record auto sales in Q3
2013-11-09 16:18:14| Auto Dealers - Topix.net
Sonic Automotive Inc. reports net income of $23.3 million, or 44 cents per share, in the third quarter, up from $10 million, or 18 cents per share, in the same period a year earlier.
Tags: auto
sales
reports
record
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