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Microsoft to allow EU clients to store data in region by 2022

2021-05-07 10:20:00| Telecompaper Headlines

(Telecompaper) Microsoft has confirmed that it allow all commercial and public sector customers in the European Union to process and store their data in the region by the end of 2022...

Tags: data store region microsoft

 

Millicom returns to growth in Q1, adds another 1 mln mobile clients

2021-04-29 14:15:00| Telecompaper Headlines

(Telecompaper) Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 0.1 percent year on year rise in revenues to USD 1.09 billion...

Tags: mobile returns growth clients

 
 

Masmovil adds over 500,000 clients in Q3, profits up 27% to EUR 152 mln

2020-11-23 16:01:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, reported service revenues up 20 percent year on year to EUR 1.27 billion in the first 9 months of the year after adding over 500,000 customers in the third quarter alone. Recurring 9-month EBITDA was up 27 percent year on year to EUR 428 million and also rose by 27 percent in the third quarter to EUR 152 million, with the quarterly EBITDA margin rising to 31 percent. The operator, which has recently been acquired by the Lorca Telecom consortium of buyout funds KKR, Cinven and Providence, described the results as "solid" and "in line with forecasts" in spite of the special circumstances arising from the pandemic.

Tags: to eur clients adds

 

Start with clients 'at the bottom of the fishtank'

2020-10-01 01:01:42| BBC News | Business | UK Edition

Recruitment boss Richard Spencer-Percival says "start off at the bottom with your clients, then you can pick off the big game".

Tags: the start bottom clients

 

Millicom revenues up 5% YoY, sheds 400,000 mobile clients in Q1

2020-04-30 15:05:00| Telecompaper Headlines

(Telecompaper) Millicom reported revenues up 5.1 percent to USD 1.50 billion in the first quarter of 2020, aided by recent acquisitions in Panama (Cable Onda) and Nicaragua (Telefonica) but impacted by weaker foreign currency and the early effects of the coronavirus pandemic. The company said Covi-19 lockdowns adversely affected operational and financial performance in many of its markets beginning in mid-March, and early signs suggested service revenue could be down "between 6 percent and 7 percent organically" in April. As a result, it predicted that operating and financial performance in Q2 and for the full year 2020 would be "materially weaker" than previously expected.

Tags: mobile clients revenues q1

 

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