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TDC Q1 net profit rises 22% but revenue drops 6%

2016-05-04 13:32:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC said that revenue in the first quarter of 2016 fell by 5.9 percent to DKK 5.827 billion, with EBITDA down 10 percent at DKK 2.227 billion but net profit rising 22.1 percent to DKK 624 million. It said it maintains its 2016 guidance, and that the launch of the new YouSee box in its home market of Denmark is off to a good start.

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Telefonica Spain sales inch up as OIBDA rises 2% in Q1

2016-04-29 08:25:00| Telecompaper Headlines

(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.13 billion in the first quarter of 2016, up 0.2 percent on an organic basis compared to the year-earlier result of EUR 2.88 billion and the company's third consecutive quarterly growth. The operator said its operating income before depreciation and amortization (OIBDA) came to EUR 1.27 billion, up 2.0 percent compared to a year earlier and the first simultaneous revenue and OIBDA rise since the third quarter of 2008. The company's commercial activity was again driven by its Movistar Fusion+ convergent plans, with new tariffs and price changes mainly affecting fixed broadband services and mobile contract. Total accesses stood at 41.7 million at the end of the quarter, down 2 percent on an organic basis year on year, of which 28.1 million were consumer accesses, also down 2 percent. However, fibre accesses were up 235,000 in the January to March period, taking the fibre base to 2.5 million and representing 41 percent of total fixed broadband accesses, up 15 percentage points in a year. 

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Orange revenue rises as Spain returns to growth

2016-04-26 02:00:00| Total Telecom industry news

French incumbent's domestic revenues edge down on decline in national roaming.

Tags: returns growth spain orange

 

Zain Group Q1 revenue flat but EBITDA rises 5%

2016-04-25 09:14:00| Telecompaper Headlines

(Telecompaper) Zain Group said its consolidated revenues reached USD 919 million in the first three months to 31 March, a similar level to the same period in the previous year. The group closed the period serving 45.5 million customers. EBITDA rose by 5 percent to USD 407 million, reflecting an EBITDA margin of 44 percent.

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Oil prices drop after traders cash-in recent rises

2016-04-25 01:00:00| Offshore Technology

Oil prices have fallen after traders cashed-in following three weeks of rises, with a strong dollar late last week also contributing.

Tags: recent prices oil drop

 

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