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Orange studying sale of Spanish mobile antennas - report
2014-08-14 13:20:00| Telecompaper Headlines
(Telecompaper) Orange is considering the sale and leaseback of its Spanish mobile phone antennas as part of a cost-cutting plan. The French group, which is the number three operator in Spain, has contacted several infrastructure management companies to gauge market interest in the 9,400-strong collection of towers, sources familiar with the matter told Expansion.
Tags: report
sale
mobile
spanish
Orange could raise 855m from Spanish towers sale
2014-08-14 02:00:00| Total Telecom industry news
Telco has issued RFI to towers companies with a view to selling off 9,400 sites, according to local press.
Tags: sale
spanish
orange
raise
Orange increases cost savings to stabilise margin
2014-07-29 08:45:00| Telecompaper Headlines
(Telecompaper) Orange reported a small improvement in its adjusted EBITDA margin for the first half of 2014, to 31.3 percent from 31.1 a year earlier, thanks to cost reductions. Revenues were still down 4.9 percent to EUR 19.59 billion, with divestments such as Orange Dominicana reducing sales by 0.8 percent and currency effects taking another 0.6 percent off revenue. On a comparable basis and excluding regulatory effects, sales fell 2.3 percent in the second quarter, a smaller drop than the 3.0 percent fall in Q1 and 3.8 percent drop in Q4. Adjusted EBITDA for the first half declined 4.3 percent to EUR 6.14 billion, and net profit dropped 26.3 percent to EUR 891 million. Orange said the results showed steady improvement in key markets such as France and Poland, as well as continued strong growth in the Middle East and Africa. The company raised its target for cost reductions this year to EUR 300 million from 250 million previously, while maintaining the outlook for adjusted EBITDA of EUR 120-12.5 billion and a stable margin in 2014. Orange moved closer to its target of net debt at 2x EBITDA with a result of 2.17 at the end of June, down from 2.37 six months earlier. Capital expenditure in the first half was up just 3.1 percent year-on-year to EUR 2.50 billion. Orange said it will pay an interim dividend of EUR 0.20 per share and a full-year dividend of EUR 0.60.
Tags: cost
orange
increases
savings
Orange ups cost-cutting target as Q2 revenue slides
2014-07-29 02:00:00| Total Telecom industry news
French incumbent hopes to save 300 million this year as EBITDA margin stabilises.
Tags: target
orange
ups
revenue
Orange Nitrile Gloves feature diamond texture.
2014-07-25 14:31:18| Industrial Newsroom - All News for Today
Latex- and powder-free, Gloveworks Heavy Duty Orange Nitrile Gloves are extra thick with diamond texture, offering optimized wet and dry grip. Gloves can be worn on either hand and are polymer coated for strength. Available in medium, large, X-large, and XX-large sizes, gloves are suited for use in industrial, automotive, and chemical applications. This story is related to the following:Nitrile Gloves |
Tags: feature
orange
diamond
gloves
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