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TeliaSonera organic service revenue, EBITDA lower in Q2

2015-07-17 09:07:00| Telecompaper Headlines

(Telecompaper) TeliaSonera reported second-quarter sales up 8.5 percent year-on-year to SEK 21.1 billion, helped by its acquisition of Tele2 Norway and currency effects. Excluding currency effects, acquisitions and disposals, total sales increased 1.9 percent, while service revenues were down 1.3 percent. Adjusted EBITDA was up 4.0 percent on a reported basis but down 4.0 percent on an organic basis, to SEK 9.2 billion. The margin fell 33.9 percent from 35.4 a year ago. Adjusted operating profit declined 7.6 percent to SEK 5.9 billion, and net profit was down 8.1 percent to SEK 3.3 billion. Free cash flow increased strongly to SEK 6.3 billion from SEK 2.5 billion, thanks to dividends of SEK 4.7 billion from Turkcell. TeliaSonera said it expects the earnings trend to improve somewhat in the second half of the year and reiterated its full-year outlook for stable organic EBITDA. However, the company noted increased risks to performance in Eurasia due to the difficult economic climate and currency fluctuations. Capital expenditure is estimated at SEK 17 billion over the full year, excluding licence and spectrum fees, after spending SEK 8.3 billion in the first six months. 

Tags: service lower revenue organic

 

MV Fundy Rose passenger vessel prepares to enter service in Canada

2015-07-17 01:00:00| Ship Technology

The Canadian Government has officially rolled out MV Fundy Rose to serve the Saint John, New Brunswick, to Digby, Nova Scotia ferry route.

Tags: service enter canada rose

 
 

Supreme Court rebuffs Bell Mobility challenge over 911 service fees

2015-07-16 19:02:36| Telecom - Topix.net

Bell Mobility Inc. has lost another bid to overturn a ruling that held it liable for charging customers in the northern territories a 911 fee without actually offering the emergency-call service. The Supreme Court of Canada refused today to hear the company's challenge of a Northwest Territories Court of Appeal ruling.

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Supreme Court rebuffs Bell Mobility challenge over 911 service fees

2015-07-16 18:52:48| Wireless - Topix.net

Bell Mobility Inc. has lost another bid to overturn a ruling that held it liable for charging customers in the northern territories a 911 fee without actually offering the emergency-call service. The Supreme Court of Canada refused today to hear the company's challenge of a Northwest Territories Court of Appeal ruling.

Tags: service court challenge fees

 

Select Bus Service: What a difference a borough makes

2015-07-16 17:32:12| Railroads - Topix.net

As with the seven other SBS lines in the city, the new service on the M86 is designed to cut travel time on this bus that travels a street notorious for its heavy traffic. You probably couldn't help but notice all the hoopla on the news the other day about Select Bus Service being instituted on New York City Transit's M86 route, which crosses Manhattan at 86th Street.

Tags: service select makes difference

 

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