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Bouygues Telecom posts 20% EBITDA growth in Q3
2018-11-15 10:02:00| Telecompaper Headlines
(Telecompaper) French operator Bouygues Telecom continued to post healthy growth in revenues and EBITDA in the three months to September, supported by a growing customer base across its fixed and mobile businesses. Service revenues increased to EUR 1.1 billion, up 5.0 percent year-on-year (+4.8% in Q2), and EBITDA jumped 20.1 percent to EUR 382 million (+11.4% in Q2).
Iliad posts group revenues up 1.7% in Q3, as French customer losses continue
2018-11-14 10:35:00| Telecompaper Headlines
(Telecompaper) Iliad reported revenues of EUR 1.24 billion for the third quarter, up 1.7 percent year-on-year. This progression reflected the revenue contribution of EUR 46 million from its Italian business (launched at the end of May), which more than offset a drop in French revenues, down by EUR 25 million for a total of EUR 1.19 billion. In France, performance continued to be negatively impacted by the ongoing decline in fixed line revenues, down 3.8 percent to EUR 654 million, while the mobile segment was broadly flat (+0.2%).
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Vodafone posts H1 loss on impairment charges, revenues fall 5.5%
2018-11-13 08:25:00| Telecompaper Headlines
(Telecompaper) Vodafone reported a net loss of EUR 7.8 billion for its fiscal first half to September, after a loss on the merger of its Indian operations with Idea Cellular and impairment charges on operations in Spain and Romania. Group revenue declined by 5.5 percent to EUR 21.8 billion, hurt by forex and accounting effects and tougher competition in Spain and Italy. The new CEO Nick Read presented his strategy to return the company to growth, including cost efficiencies, convergence and a possible spin-off of tower assets in Europe.
Qualcomm posts net loss, forecasts fall in next quarter's revenues
2018-11-07 22:57:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported a net loss for its fiscal fourth quarter to September, hurt by the USD 2 billion paid to NXP for not completing their merger. Revenues were down 2 percent year-on-year to USD 5.8 billion, in line with the company's guidance and including partial payment of back licensing fees from one major customer. Qualcomm said underlying earnings were better than forecast and it expects to return to growth in adjusted EPS in the current quarter, despite a projected sharp fall in revenue.
Lenzing posts nine-month profit tumble
2018-11-07 10:52:00| Daily apparel & textile news and comment - from just-style.com
Austrian cellulosic fibre producer Lenzing continues to expect its results for 2018 to be lower than those achieved in the previous two years as lower prices for standard viscose and price increases for key raw materials took their toll in the first three quarters of 2018.
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