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Alibaba revenue growth improves to 51% in Q4, outlook cautious for new year

2019-05-15 17:00:00| Telecompaper Headlines

(Telecompaper) Alibaba's growth accelerated in the company's fiscal fourth quarter to March, showing little impact from the slowing Chinese economy. Sales were up 51 percent year-on-year to CNY 93.5 billion (USD 13.9 billion). Its core e-commerce business grew 54 percent to CNY 78.9 billion, while cloud computing was up 76 percent to CNY 7.7 billion. The net profit more than tripled, to CNY 23.4 billion from CNY 6.6 billion, thanks to valuation gains on investments. 

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Telefonica organic revenue growth improves to 3.8% in Q1

2019-05-10 09:46:00| Telecompaper Headlines

(Telecompaper) Telefonica reported organic revenue growth improving to 3.8 percent in the first quarter, led by the UK and South America as well as continued growth in its home market Spain. OIBDA was up a slower 1 percent on an organic basis, and the company maintained its forecast for both figures to grow around 2 percent in the full year.

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Iliad returns to positive revenue growth in France, sets eyes on B2B market opportunity

2019-05-07 10:57:00| Telecompaper Headlines

(Telecompaper) Iliad reported on its first-quarter revenue performance and unveiled the 2024 Odyssey plan, detailing its medium-term strategic goals in France and Italy. The group's revenues rose to EUR 1.29 billion in the three months to March, up 7.7 percent year-on-year. This progression was mainly driven by its Italian operations, which launched commercially in May 2018. Iliad also benefited from higher device sales in France (+30.4%), linked to the new Freebox Delta Player STB, as well as the revenue contribution of French B2B operator Jaguar Network, in which the group acquired a majority stake in January.

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Huawei trumpets 39% revenue growth in Q1

2019-04-23 02:00:00| Total Telecom industry news

Huawei does not seem to have suffered much from the US-led campaign to stop telcos using its products: the Chinese vendor this week reported a 39% surge in first quarter revenue. The company said in a statement on Monday that it turned over 179…read more on TotalTele.com »

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Telefonica service revenue growth improves, sees 2% organic growth in 2019

2019-02-21 08:49:00| Telecompaper Headlines

(Telecompaper) Telefonica reported a small increase in organic results for 2018, saying it made progress on key objectives such as a growing share of high-value customers and lower debt. The Spanish operator said it expects a similar modest increase in organic results in 2019 and aims to maintain its dividend at 40 cents a share. 

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