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Tag: revenue grows
Orange grows underlying revenue 0.6% in Q1
2016-04-26 08:10:00| Telecompaper Headlines
(Telecompaper) Orange reported a third consecutive quarter of revenue growth in Q1, driven by improving results in Spain, Belgium and Africa. Reveneus for the three months totalled EUR 10.009 billion, up 0.6 percent on a comparable basis and 3.5 percent higher on a reported basis. Orange reported adjusted EBITDA down 1.6 percent on a comparable basis to EUR 2.569 billion. Excluding the impact of an employee shares programme, Orange said the result was up 0.3 percent. The company maintained its outlook for growth in full-year EBITDA. Capital expenditure rose 10.4 percent year-on-year to EUR 1.457 billion or 14.6 percent of revenue, in line with the increased investment planned under the Essentiels2020 programme.
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Maroc Telecom FY revenue grows 17% to MAD 34 bln
2016-02-15 09:27:00| Telecompaper Headlines
(Telecompaper) Maroc Telecom Group's revenues increased to MAD 34.13 billion in 2015, up 17.1 percent on the year thanks to the consolidation of African subsidiaries acquired from its parent Etisalat and revenue stabilization in its home market Morocco. Customers numbered nearly 51 million at the end of 2015, up 26 percent year-on-year. EBITDA amounted to MAD 16.74 billion, up 6.7 percent from the previous year. Despite the dilutive effect of the new subsidiaries, the group's EBITDA margin was nearly stable year-on-year at 49.0 percent, thanks to continuing efforts to control direct costs and minimize operating costs. Net profit fell 4.3 percent to MAD 5.6 billion, mainly due to the losses generated by the new subsidiaries. Cash flow from operations was MAD 9.36 billion, down 19 percent from 2014, following the 80 percent growth in capital investment. Maroc Telecom is projecting for 2016 stable revenues and a slight decrease in EBITDA at constant scope and exchange rates and capital expenditure around 20 percent of revenues, excluding frequencies and licences.
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Vodacom Group H1 revenue grows 6.4%, EBITDA increases 13%
2015-11-09 08:43:00| Telecompaper Headlines
(Telecompaper) Vodacom Group reported 6.4 percent increase in its revenue for six months ended 30 September to ZAR 39.96 billion. Group EBITDA rose 13.0 percent year-on-year to ZAR 14.7 billion, and the margin was up 2.1 percent points to 36.7 percent. Group operating profit increased 7.8 percent to ZAR 10.17 billion, mainly due to EBITDA growth, partly offset by higher depreciation and amortisation. Capital expenditure rose to ZAR 6.22 billion from ZAR 5.88 billion in 2014, driven by rapidly expanding LTE coverage and increasing speeds. Headline earnings per share were up 6.0 percent to ZAR 4.40. The group declared a ZAR 3.95 interim dividend per share, up 5.3 percent from a year ago. Vodacom said its markets continue to be highly competitive, and regulatory and macroeconomic risks remain. EBITDA growth will not likely be sustained at the high rate of 13 percent in the second half. The second half will carry high costs for publicity and network and capability development in fibre and content. Year-over-year growth will be impacted by the stronger performance in the second half of last year where profitability stepped up as a result of efficiency initiatives. Also, there is a further reduction in MTR in South Africa from October, which will have a slightly negative effect on Vodacom's margin in the second half.
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AT&T grows Q2 revenue 1.4% to USD 33 billion
2015-07-24 08:29:00| Telecompaper Headlines
(Telecompaper) AT&T reported EUR 33 billion of consolidated revenue in the second quarter, up 1.4 percent compared to the second quarter of 2014. This operator's revenue reflects its Mexican acquisitions (Iusacell and Nextel Mexico) and pressure from foreign exchange and its exit from global hubbing. AT&T's Operating income rose by 1.7 percent to USD 5.71 billion, but adjusting for merger and integration-related expenses, it came in at USD 6.5 billion, compared with USD 5.8 billion a year earlier. Net profit declined by 14.2 percent to USD 3.04 billion, corresponding to USD 0.58 per diluted share, compared to USD 3.5 billion and USD 0.68 in the second quarter of 2014. AT&T's wireless segment grew its revenue by 2.1 percent to UDS 18.3 million. Operating income rose 8.2 percent to USD 4.69 billion. The company added 2.1 million mobile customers, including 410,000 postpaid, 331 prepaid and 1 million connected cars, to reach 123.9 million total wireless subscribers and connections at the end of June. In wireline, AT&T's revenue declined by 2.9 percent to USD 14.21 billion and the operating income dropped by 4.1 percent to USD 1.36 billion. Within the total, U-verse revenues grew by 19.2 percent to USD 4.1 billion. Wireline voice connections declined by 652,000 in the second quarter to 23.5 million at the end of June. This includes broadband connections down by 136,000 to 15.96 million and U-verse video connections decreased by 22,000 to 5.97 million. Strategic business service revenue rose by 13 percent to USD 2.7 billion.
Iliad Q1 revenue grows 7% on 497,000 customer adds
2015-05-15 09:00:00| Telecompaper Headlines
(Telecompaper) French telecom operator Iliad, which trades under the Free brand, reported revenue up 7 percent to EUR 1.08 billion in the first quarter, compared with EUR 1.01 billion in the first quarter of 2014. Growth came from mobile, where revenue rose 18 percent to nearly EUR 438 million. The company added 420,000 mobile subscribers and 77,000 landline broadband subscribers in the first quarter. Free had 16.5 million total subscribers at the end of March, including 10.5 million on mobile and over 5.9 million on landline. More than 700,000 of the latter were taking 30 Mbps+ services. Free had a 15 percent share of French mobile phone users at the end of the first quarter. Its landline business revenue rose by 0.3 percent to EUR 640 million. The group also announced that ultra-fast broadband capex accelerated in the quarter as customers migrate to VDSL2 and FttH. It estimates that broadband ARPU stood at EUR 34.70 a month with customers using the Freebox Revolution PVR generating over EUR 38 of ARPU. Free confirmed its target of achieving over 10 percent EBITDA growth this year.
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