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Maroc Telecom 9-month revenues rise slightly, customer base up 4%

2020-10-19 09:22:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group's total revenues increased by 0.7 percent to MAD 27.50 billion in the first nine months to 30 September from MAD 27.31 billion in the same period in 2019. The resilience of international activities partially offset the decline in revenues in Morocco, which were hit by the Covid-19 crisis. The group's customer base increased by 4.3 percent to 70.5 million compared to 2019, with subsidiary customer bases up by 7.3 percent, fixed lines up by 6.7 percent and fixed broadband customers up by 10.4 percent in Morocco. 

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SK Telecom's Q1 revenues rise nearly 3% on growing 5G subscriber base

2020-05-07 09:19:00| Telecompaper Headlines

(Telecompaper) South Korean operator SK Telecom posted first-quarter revenues of KRW 4.45 trillion, which represents an increase of 2.7 percent, mainly boosted by 5G subscriber base growth and development of new businesses, including media, security and commerce. Operating income was down 6.4 percent to KRW 302.0 billion due to expanded 5G network investment costs including 5G spectrum licensing fees. First-quarter net income amounted to KRW 306.8 billion, plunging 17.9 percent affected by factors including decreased equity method gains from SK Hynix.

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