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China Mobile's 9-month profit grows 3%, revenue slightly declines

2018-10-23 09:08:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 567.7 billion for the first three quarters of 2018, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 518.4 billion, up by 0.6 percent over the same period last year. EBITDA was CNY 214.1 billion, up by 3.1 percent over the same period of 2017, while profit reached CNY 95 billion, up by 3.1 percent year-on-year.

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China Telecom grows H1 service revenue 7%, net profit up 8%

2018-08-20 09:09:00| Telecompaper Headlines

(Telecompaper) China Telecom reported first-half revenues up 4.7 percent year-on-year to CNY 193 billion. Service revenue was up 7.0 percent to CNY 177.6 billion and would have risen 8.5 percent without the impact of new accounting rules, the company said. 

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Vodacom Group FY revenue grows 6.3% to ZAR 86.4 bln

2018-05-14 08:44:00| Telecompaper Headlines

(Telecompaper) Vodacom Group's revenue grew 6.3 percent to ZAR 86.4 billion in the year ended 31 March, while normalised growth, excluding currency translation effects, was 7.8 percent. Group service revenue increased 3.4 percent to ZAR 70.6 billion and was up 5.1 percent on an adjusted basis. Net profit rose 18.6 percent to ZAR 15.56 billion, boosted by the Safaricom acquisition and a profit from the sale of Helios Towers Tanzania.

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China Mobile revenue grows 4.5%, profit up 5% in 2017

2018-03-22 07:32:00| Telecompaper Headlines

(Telecompaper) China Mobile had 113 million wireline broadband customers at 31 December 2017, following a net addition of 35.06 million users in the period. The total number of household broadband customers reached 109 million at end-2017, with a net addition of 34.95 million. This accounted for 75.6 percent of the total number of new household customers in the market during the period, the company said. The number of subscribers of its digital set-top box 'Mobaihe' reached 57.25 million, and the household broadband blended ARPU topped CNY 33.3, up by 17.5 percent compared to 2016.

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Telstra half-year revenue grows nearly 6%, profit declines

2018-02-15 10:53:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra announced that its total income for the half-year ended 31 December 2017 was up 5.9 percent to AUD 14.5 billion, helped by growth in the mobile and cloud services segments, while EBITDA was down 2.5 percent to AUD 5.1 billion. Net profit declined 5.8 percent to AUD 1.7 billion, hurt by the earlier announced impairment charge of AUD 273 million to write off the remaining carrying value of Ooyala. 

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