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Dutch mobile service revenues fall 8.2% in Q2
2014-08-25 13:56:00| Telecompaper Headlines
(Telecompaper) The drop in mobile service revenues in the Netherlands worsened in the second quarter to an 8.2 percent fall on annual basis, according to Telecompaper's Dutch Mobile Operators Q2 2014 report. The market continues to feel the effects of the weak economy, driving a shift to cheaper SIM-only offers and low-cost brands. Mobile operators are suffering from lower out-of bundle revenues, as well as regulatory effects and a drop in SMS revenues. Mobile service revenues increased slightly compared to Q1 2014, by 1.4 percent to a total of EUR 1.27 billion.
Tags: service
mobile
fall
dutch
Dutch mobile service revenues fall 9% in Q1
2014-06-05 09:23:00| Telecompaper Headlines
(Telecompaper) The decline in mobile service revenues in the Netherlands accelerated to 9.0 percent on an annual basis in the first quarter of 2014, as the market suffers from the weak economy, regulatory effects and the sharp drop in SMS use. According to Telecompaper's quarterly mobile market monitor, mobile service revenues were down 3.4 percent compared to the fourth quarter of 2013, to a total EUR 1.25 billion. While Q1 is seasonally weak, the annual drop in service revenue accelerated to 9.0 percent from 5.8 percent a year ago, amid a continued fall in voice revenue and a double-digit drop in SMS revenue. While data services are still growing, the fall-off in SMS in favour of IP applications meant non-voice service revenue grew only 2.3 percent year-on-year in Q1. As voice revenue declines, the share of non-voice in total service revenue rose to 44.8 percent in the quarter. Among the three mobile operators, mainly T-Mobile but also Vodafone increased their shares of the market's service revenues in Q1, as KPN lost the most revenues both on an annual and quarterly basis. T-Mobile increased its market share annually by 2.1 percent points, and Vodafone added 0.4 percent, while KPN lost 2.5 percent points.
Tags: service
mobile
fall
dutch
Vimpelcom cuts outlook as revenues fall 10% in Q1
2014-05-14 09:19:00| Telecompaper Headlines
(Telecompaper) Vimpelcom lowered its full-year outlook after reporting a weak set of first-quarter results. The company now expects a low to mid single digit decline in revenue and EBITDA this year, after previously forecasting stable results. As a result, net debt will be around 2.4x EBITDA, versus an earlier target fo 2.3x. Capital expenditure is expected to remain high, at 21 percent of revenue excluding licences. In the first quarter, revenue fell 10 percent year-on-year to USD 5.02 billion, hurt by negative currency effects and the difficult market conditions in Ukraine. On an organic basis, revenue was down 6 percent in Russia, 7 percent in Italy and Ukraine, and 1 percent in Africa and Asia, while growing 3 percent in the CIS states. Vimpelcom said it expects market conditions to remain difficult this year in its two largest markets, Russia and Italy. Group EBITDA fell 11 percent to USD 2.09 billion, and net profit plunged to USD 39 million from USD 408 million a year ago. Vimpelcom increased capex 24 percent to USD 736 million in Q1, while operating cash flow fell 23 percent to USD 1.35 billion. The group's mobile customer base was still up 3 percent year-on-year to 218 million, and all the business units posted double-digit growth in data revenues.
Dutch mobile service revenues fall 6.7% in 2013
2014-03-19 15:36:00| Telecompaper Headlines
(Telecompaper) The Dutch mobile industry saw service revenues fall by 6.7 percent year-on-year to EUR 5.4 billion in 2013, according to Telecompaper research. This compares to an annual decline of 4.5 percent in 2012 and a decline of 3.8 percent in 2011. The main reason for the continued decline in service revenue remains falling voice and SMS revenues. Excluding the impact of regulation cuts, Dutch mobile service revenues fell by 4.6 percent in 2013. Non-voice services accounted for 41.4 percent of mobile service revenue in 2013, with non-voice revenues falling by 2.5 percent over the year. Overall mobile service revenue was EUR 1.3 billion in Q4 2013, down 8.6 percent from Q4 2012 and down 4.5 percent from Q3 2013. The market is expected to fall by 4 percent in 2014 to generate service revenues of EUR 5.2 billion. The Dutch mobile market is forecast to show a negative CAGR of 1.5 percent between 2013 and 2018, generating revenue of around EUR 5 billion in 2018. KPN controlled 48 percent of all SIMs in 2013, boosted by prepaid MVNO growth. Vodafone's share fell to 26 percent, with T-Mobile stable at 25 percent.
Tags: service
mobile
fall
dutch
Cisco quarterly revenues fall 8%
2014-02-13 08:34:00| Telecompaper Headlines
(Telecompaper) Cisco reported revenues for its fiscal second quarter ended 25 January down 7.8 percent year-on-year to USD 11.2 billion. Sales fell in all major regions and were down in most product groups, with data centre and the security equipment the only areas of growth. Net profit fell to USD 1.4 billion or USD 0.27 per share, from USD 3.1 billion or USD 0.59 per share a year ago. Profits were hit by a one-time charge of USD 655 million to resolve problems with memory components in older products, as well as USD 926 million tax benefits from a settlement with the IRS and R&D credits in the US. Despite the drop in profit, Cisco increased its quarterly dividend by 2 cents to USD 0.19 per share. Operating cash flow improved to USD 2.9 billion from USD 2.6 billion a year ago, and the company finished the quarter with USD 47.1 billion in total cash. Cisco said it had a book-to-bill ratio greater than 1 in the quarter. However, product orders were down year-on-year in all regions, from 5 percent lower in the Americas to a 2 percent drop in EMEA. Across customer segments, the company saw a 1 percent increase in orders from the commercial and public sectors, but the service provider market contracted by 12 percent, and enterprise was 2 percent lower.
Tags: fall
quarterly
revenues
cisco
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