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United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth

2019-08-15 09:32:00| Telecompaper Headlines

(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business. 

Tags: internet united sales mobile

 

Verizon revenues dip lower in Q2 on lower handset, wireline sales

2019-08-01 14:51:00| Telecompaper Headlines

(Telecompaper) Verizon reported a 0.4 percent fall in second-quarter revenues to USD 32.1 billion, hurt by lower handset sales and wireline service revenue. The US operator said it still expects low single-digit growth over the full year and reported improved customer growth at its mobile business. 

Tags: sales lower revenues dip

 
 

Ofcom plans limits on bundled handset contracts, deals for out-of-contract customers

2019-07-22 11:38:00| Telecompaper Headlines

(Telecompaper) UK regulator Ofcom has confirmed plans for new limits on bundled mobile contracts, combining a phone and services. Operators will be required to provide more transparency to customers on the separate costs of the phone and mobile services. Ofcom also announced new voluntary agreements with operators to switch customers out of contract to more affordable service plans. 

Tags: plans deals customers limits

 

Du set to launch 5G in the UAE with ZTE's Axon Pro handset

2019-06-17 02:00:00| Total Telecom industry news

Du will become the first Middle Eastern operator to launch commercial 5G services, when it launches next generation mobile services in the UAE later this month. Du has partnered with ZTE to launch their 5G tariffs with the Axon Pro 10 &ndash…read more on TotalTele.com »

Tags: with set pro launch

 

China Telecom Q1 revenues fall 0.5% on sharp drop in handset sales

2019-04-29 12:30:00| Telecompaper Headlines

(Telecompaper) China Telecom reported a small decrease of 0.5 percent in first-quarter revenues, to CNY 91.53 billion, hurt by a sharp fall in handset sales. EBITDA increased 14.1 percent to CNY 30.24 billion, helped by the new accounting standards and lower operating costs, and net profit rose 4.5 percent to CNY 5.96 billion.

Tags: sales china fall drop

 

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