je.st
news
Tag: impairment
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.
Air pollution exposure during fetal life linked to brain alterations and cognitive impairment in children
2018-03-09 12:57:11| Green Car Congress
Ericsson plans SEK 14.2 billion in impairment charges in Q4
2018-01-16 09:54:00| Telecompaper Headlines
(Telecompaper) Ericsson announced it will take a total of SEK 14.2 billion in impairment charges in its Q4 2017 results. In addition to writing down the value of old assets, the company will take a charge for the corporate tax reform in the US. The one-time items are expected to leave the company deep in the red for 2017.
Tags: plans
charges
billion
ericsson
Vocus ends takeover talks with KKR, as FY profit hit by AUD 1.5 bln impairment
2017-08-21 09:23:00| Telecompaper Headlines
(Telecompaper) All takeover discussions between Australian operator Vocus and KKR have ceased, with the US investment house saying it is unable to come out with terms acceptable to the Vocus board. KKR made a bid in June for the company at AUD 3.50 per share. Vocus then received another takeover offer from private equity group Affinity, in July. Giving its preference to KKR, Vocus provided the investment firm with the opportunity to conduct due diligence on a non-exclusive basis but the parties were unable to reach a mutually acceptable deal.
Tele2 Q3 grows revenues but profit hit by Dutch impairment
2016-10-20 10:00:00| Telecompaper Headlines
(Telecompaper) Tele2 reported third quarter revenues up slightly to SEK 6.961 billion from 6.791 billion the year before, driven by growth in Sweden, the Netherlands, Kazakhstan and the Baltics. Group mobile end-user service revenue lifted 6 percent, with record revenue in Sweden. Group EBITDA slid to SEK 1.562 billion from 1.599 billion, with the margin off to 22 percent from 24 percent, affected by costs associated with the commercial push in the Netherlands following the launch of LTE there. The net result went to a loss of SEK 2.266 billion from a gain of 397 million, hit by an impairment of goodwill in the Netherlands.
Tags: hit
profit
dutch
revenues