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Mobily lifts Q2 net profit as active FTTH users expand, business and wholesale revenues rise

2020-07-21 09:26:00| Telecompaper Headlines

(Telecompaper) Saudi operator Mobily said its net profit increased to SAR 185 million in the second quarter ended 30 June compared with SAR 37.8 million in Q2 2019, mainly due to increased revenue from business and wholesale units, as well as the FTTH active base. Revenue amounted to SAR 3.56 billion versus SAR 3.33 billion in Q2 2019, or year-on-year growth of 6.8 percent.

Tags: net business users active

 

Coronavirus: Almost 900,000 public sector workers get above-inflation pay rise

2020-07-21 01:04:38| BBC News | Business | UK Edition

Doctors, teachers and police officers are among those who will be rewarded for their work in the pandemic.

Tags: public pay sector rise

 
 

Ericsson maintains outlook on small rise in Q2 sales, improving margins

2020-07-17 08:51:00| Telecompaper Headlines

(Telecompaper) Ericsson has maintained its full-year and 2022 targets, after reporting a small increase in sales and improving margins for Q2. Underlying revenues at its main Networks business rose 4 percent in the quarter, helped by continued 5G expansion in North America and deployments in northeast Asia. 

Tags: small sales rise improving

 

Asos to repay furlough cash as lockdown sales rise

2020-07-15 11:33:23| BBC News | Business | UK Edition

The fashion retailer saw group sales increase by 10% as shoppers shifted to online during lockdown.

Tags: sales cash rise repay

 

Female gamers are on the rise in the 'world capital of gaming'

2020-07-14 01:49:28| BBC News | Business | UK Edition

Female gamers in Asia are growing at a faster rate than their male rivals in online video games.

Tags: of world capital female

 

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