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Berry Posts Record Quarter

2016-08-09 12:00:00| Nonwovens Industry Breaking News

Avintiv acquisition continues to boost sales.

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Telus posts earnings, revenue growth in Q2

2016-08-09 02:00:00| Total Telecom industry news

Canadian operator upgrades full-year outlook, including increasing capex plan for fibre, 4G investment.

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MTN Group posts H1 loss, organic revenue up 1.5%

2016-08-05 10:38:00| Telecompaper Headlines

(Telecompaper) MTN Group has reported a 14 percent increase in revenue to ZAR 78.88 billion for the first half of 2016 from ZAR 69.21 billion in the same period in 2015. This was positively affected by exchange rate movements and data services growth; excluding forex effects, revenue rose 1.5 percent. The number of subscribers was flat at 232.6 million on 30 June compared with 31 December 2015. EBITDA decreased 38.4 percent to ZAR 18.88 billion, hurt by the Nigerian regulatory fine (ZAR 10.499 billion). The net loss totaled ZAR 5.5 billion versus a profit of ZAR 11.9 billion a year ago.

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