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Tele2 grows mobile service revenue 3% in Q1

2014-04-25 09:07:00| Telecompaper Headlines

(Telecompaper) Tele2 reported first-quarter sales down 3 percent year-on-year to SEK 7.11 billion, as a contraction in its traditional fixed business offset expansion in the mobile sector. In addition, lower termination rates and the sale of its cable business in Sweden impacted results. Mobile service revenue still increased by 3 percent to SEK 3.60 billion, thanks to customer growth in markets such as the Netherlands and Kazakhstan and increased demand for data services. The mobile customer base grew by a net 68,000, while fixed broadband subscribers were down by 18,000 in the three months. The group's EBITDA was down 7 percent to SEK 1.38 billion, amid increased marketing spend to drive the mobile growth. Net profit rose 35 percent to SEK 475 million thanks to a capital gain of SEK 257 million booked in January on the sale of the Swedish cable business. While capex halved compared to a year earlier to SEK 963 million, cash flow was still a negative SEK 555 million. Tele2 said the focus going forward will be on driving mobile growth in the Netherlands and Kazakhstan, based on its profitable, data-centric model in Sweden. The company is still conducting a strategic review of its Norwegian operations. 

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AT&T earnings unchanged, but revenue grows in 1Q

2014-04-22 23:13:28| Telecom - Topix.net

AT&T says its first quarter earnings were unchanged from the first three months of last year, but revenue grew as the wireless business added more than 1 million subscribers.

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2. DealerTrack Grows Record Revenue by 24% in 2013

2014-02-26 17:38:28| AutomotiveDigest.com - Automotive Industry News

Dealertracks 2013 earnings shows an overall 24 % revenue growth for 2013. Revenue for 4th quarter was $126.1 M, as compared to $101.8 M for 2012. GET MORE DETAILSThe Article 2. DealerTrack Grows Record Revenue by 24% in 2013 appeared first on Automotive Digest.

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Borgata Online Gaming Revenue Grows 15% In January

2014-02-12 23:45:39| Trucking - Topix.net

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Microsoft grows revenue and improves profits in Q2 thanks to Xbox, enterprise products

2014-01-24 00:13:13| InfoWorld: Top News

A big jump in sales in Microsoft's consumer hardware devices unit, which includes its Xbox gaming console and Surface tablets, helped the company grow its revenue 14 percent and slightly improve profits year-on-year in its second fiscal quarter. Microsoft's revenue in the quarter ended Dec. 31 came in at $24.51 billion, exceeding the consensus expectation of $23.68 billion from Wall Street analysts polled by Thomson Financial.

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