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Tag: q2
STB shipments to South Asian countries rise 20% in Q2 2015
2015-07-30 09:10:34| Digital TV News
The set-top box (STB) market in major South Asian countries (Bangladesh, Nepal, India, Pakistan and Sri Lanka) is witnessing steady and robust growth, as digitisation in India and other countries in the region is propelling the demand for STBs, according to Dataxis.
Tags: south
countries
rise
asian
Alcatel-Lucent sees positive cash flow, higher margins in Q2
2015-07-30 08:24:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent reported second-quarter revenues up 5 percent year-on-year to EUR 3.45 billion. The figure was helped by exchange rate effects, as excluding forex, revenues fell 9 percent from a year ago. Revenues from its core networking business rose 10 percent at constant exchange rates, to EUR 1.68 billion, while revenues from the Access business fell 20 percent to EUR 1.77 billion. The company improved operating profit to EUR 175 million from EUR 139 million a year ago, raising the margin 1 percent point to 5.1 percent. The net loss also narrowed, to EUR 54 million from EUR 298 million, and free cash flow moved to a positive EUR 65 million from a negative EUR 205 million in Q2 2014. CEO Michel Combes said the results showed good resilience in spite of soft spending by operators, especially in North America. This was the first time the company had positive free cash flow in a second quarter since the merger of Alcatel and Lucent in 2006, showing the effects of the 'Shift Plan' paying off, according to the CEO. Cost savings from the plan have reached EUR 746 million to date.
Tags: positive
higher
cash
flow
T-Mobile US reports 14% surge in Q2 revenue
2015-07-30 02:00:00| Total Telecom industry news
Mobile operator piles the pressure on Sprint by adding 2.1 million new customers.
Tags: reports
revenue
surge
q2
Carter's ups FY guidance on strong Q2
2015-07-29 16:08:07| Daily apparel & textile news and comment - from just-style.com
Children's wear company Carter's has upped its full-year guidance as it revealed higher earnings and sales in its second-quarter.
LG smartphone shipments fall 3% in Q2
2015-07-29 08:40:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported second-quarter sales down 7.6 percent year-on-year to KRW 13.93 trillion (USD 12.69 billion). Operating profit fell to KRW 244.1 billion, and net profit dropped to KRW 226.4 billion, in what LG called "an extremely challenging environment". LG said market conditions were more difficult than expected, but it hopes to recover the lost ground in Q3 with new products and more effective marketing. Sales at its mobile division were up just 1 percent in the second quarter to KRW 3.65 trillion, and smartphone shipments fell 3 percent from a year ago to 14.1 million units. Overall profitably was affected by weaker demand in the premium segment in its domestic Korean market, LG said. This was offset by 36 percent year-over-year growth in North America sales, due to a better performance of mid-range smartphones and tablets, and a record of over 8.1 million LTE smartphones sold in the quarter. From Q3, LG said it will more aggressively implement its dual strategy of focusing on both premium devices as well as mid-range smartphones targeting emerging markets.
Tags: fall
smartphone
shipments
q2
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