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Vodafone TV service to launch in UK in Q1 2016

2015-11-10 10:00:09| Digital TV News

Vodafone has announced results for the six months ended 30 September 2015. In Europe, the company had 9.2 million TV customers at the end of the period. Vodafone launched consumer broadband in the UK in October, with a TV service to follow.

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Vodafone returns to growth in EBITDA, service revenue in H1

2015-11-10 08:33:00| Telecompaper Headlines

(Telecompaper) Vodafone reported a return to organic EBITDA growth in the first half and said it expects to reach the high end of its annual organic EBITDA outlook. EBITDA increased 1.9 percent on an organic basis to GBP 5.786 billion in the fiscal first half to September, and revenues rose 2.8 percent to GBP 20.266 billion. Organic service revenue was up 1.0 percent year-on-year to GBP 18.430 billion, as growth of 6.4 percent in Africa, Asia and the Middle East offset a 1.3 percent fall in Europe. Reported EBITDA was still down 1.7 percent, and revenues fell 2.3 percent, hurt by currency effects. Vodafone said it will switch to reporting in euros from 2017 in order to limit the forex effect. Vodafone posted a net loss for the first half of GBP 1.584 billion, versus a profit of GBP 5.501 billion a year ago, due to a provision for deferred tax after revaluation of assets held in Luxembourg. Its free cash flow moved to a negative GBP 541 million in the first half, due to increased capital spending under its Project Spring, but the company still expects positive cash flow over the full year. Vodafone increased its interim dividend by 2.2 percent to 3.68 pence per share. 

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UberRUSH delivery service revolutionizing local U.S. economies

2015-11-10 08:14:30| Air Courier - Topix.net

After a one-year pilot program in New York City, Uber has now officially launched its UberRUSH delivery service in Chicago and San Francisco. The same-day peer-to-peer delivery service has been dubbed the "FedEx killer" in the press, but the service is unlikely to pose a serious threat to the big delivery service companies, at least for the time being.

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Audi launches premium vehicle-sharing service exclusively for residents of select properties

2015-11-09 23:55:31| Green Car Congress

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New train service to be called 'Brightline'

2015-11-09 22:28:46| Railroads - Topix.net

Brightline will be the brand name of the $3 billion passenger rail service expected to connect Miami and Orlando by the end of 2017. The project's name, to be affixed amid flowing colors along the outside of engines and rail cars, was announced Monday in downtown Miami by All Aboard Florida, which is an offshoot of Florida East Coast Industries.

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