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Huawei takes top spot in global smartphone market for first time in Q2

2020-07-30 09:49:00| Telecompaper Headlines

(Telecompaper) Despite the US restrictions on the company, Huawei has succeeded in taking the top spot in the global smartphone market, according to figures from Canalys. The market researcher estimates Huweai shipped more smartphones worldwide than any other vendor for the first time in Q2 2020, marking the first quarter in nine years that a company other than Samsung or Apple led the market. 

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Orange trims FY outlook as revenues, EBITDA turn lower in Q2

2020-07-30 09:36:00| Telecompaper Headlines

(Telecompaper) Orange said its business remained resilient in the second quarter, despite the global health crisis. Growth in France and the Middle East helped offset weakness in other European markets and the enterprise segment. Nevertheless, underlying results were slightly lower, and the French operator downgraded its full-year forecast for EBITDA, as the coronavirus weighs on results. 

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Spotify customer growth tops expectations in Q2

2020-07-29 12:33:00| Telecompaper Headlines

(Telecompaper) Spotify reported second-quarter customer numbers and revenues at the high end of its guidance, finishing the period with 299 million monthly users, up 29 percent from a year earlier. The company said weakness in some markets in April and May due to the coronavirus outbreak was offset by a recovery in June, with growth particularly strong in North America and India. As a result, it expects to meet its full-year targets. 

Tags: customer growth expectations tops

 

Ooredoo Group revenue falls 7% in Q2

2020-07-29 08:58:00| Telecompaper Headlines

(Telecompaper) Ooredoo Group said its revenue for the second quarter decreased by 7 percent to QAR 6.82 billion, and EBITDA dropped 6 percent to QAR 2.97 billion. Net profit however increased by 3 percent to QAR 432 million compared to QAR 421 million in 2019.

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KPN maintains outlook as underlying revenue falls 3% in Q2

2020-07-27 08:56:00| Telecompaper Headlines

(Telecompaper) Dutch operator KPN reported a drop of 3.0 percent in underlying revenues in the second quarter, to EUR 1.29 billion. Including divestments, sales were down 4.9 percent. The coronavirus crisis impacted roaming revenues and the B2B segment, while personnel costs and investments also were down slightly. KPN said the customer base, both in fixed and mobile, was showing the first signs of bottoming out, after several quarters of decline. 

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