je.st
news
Tag: revenues rise
Liberty Global revenues rise 1.2% in Q4, again weighed by Belgium, Switzerland
2019-02-28 09:25:00| Telecompaper Headlines
(Telecompaper) Liberty Global noted that it has put its operations in Germany, Hungary, Romania and the Czech Republic, along with its DTH operations and its former operations in Austria, plus the LiLAC Group, into discontinued operations. The company said that together, all the disposals represent a total enterprise value of USD 31 billion and net cash proceeds to the company, when completed, of USD 16 billion. The company will continue to be the largest cable operator in the UK, Ireland, Belgium, Poland and Slovakia, and also generate RGUs and revenue from its VodafoneZiggo joint venture in the Netherlands. The sale of Vodafone is still on track, with completion seen happening in mid-year. The company also started a broad reorganisation plan in January aimed at streamlining its operating structure.
Tags: global
rise
switzerland
belgium
Alphabet revenues rise 22% in Q4 marked by record contribution from Google Other, higher expenses
2019-02-05 09:00:00| Telecompaper Headlines
(Telecompaper) Alphabet, the parent company of Google, said revenues for the fourth quarter reached USD 39.276 billion, up 22 percent year-on-year or by 23 percent without currency effects. Growth was in line with past quarters. For the operating profit, it slowed a bit, rising 7.0 to USD 8.203 billion. The figure includes USD 9.70 billion generated by Google and a loss of USD 1.33 billion generated by the Other Bets, much higher than the year before's loss of 748 million. The net profit increased to USD 8.948 billion against the loss of 3.020 billion. The result suffered this year from higher interest charges but benefited from lower taxes. The loss the year before was caused by the impact of the Tax Act. Meanwhile, the revenue contribution of Google Other, investments, liquidity and workforce numbers all grew to record levels.
Tags: other
google
record
higher
Huawei revenues to rise 21% this year to USD 109 bln
2018-12-27 15:03:00| Telecompaper Headlines
(Telecompaper) Huawei rotating chairman Guo Ping expects the company's revenues to grow 21 percent to USD 109 billion this year. The chairman made the statement as part of the company's new year's address to employees. Smartphone shipments are forecast to pass 200 million units.
Altice USA revenues rise 4.1%, EBITDA margins hit record levels in Q3
2018-11-06 09:06:00| Telecompaper Headlines
(Telecompaper) Altice USA said it delivered its best financial performance in the third quarter, though TV losses continued to plague customer numbers. Revenues for the quarter went 4.1 percent higher to USD 2.42 billion, driven by Residential growth of 2.4 percent, Business Services rising 6 percent and advertising revenue jumping 37.8 percent.
Veon organic revenues rise but net loss widens in Q1
2018-05-14 09:12:00| Telecompaper Headlines
(Telecompaper) Total revenues dipped 1.4 percent lower from the year before to USD 2.250 billion, hurt by the devaluation of the Uzbek and Pakistani currencies. Organically, revenues lifted 3.2 percent, driven by operations in Russia, Pakistan, Ukraine and Uzbekistan, partially offset by continued weakness in Algeria and Bangladesh. Revenues from mobile data meanwhile jumped almost 16 percent to USD 505 million. Total mobile customer numbers, excluding the company's Italian joint venture, advanced 1.8 percent year-on-year to 210 million.