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RTL reshuffles management, plans bigger dividend pay-out after record H1 sales

2019-08-28 10:34:00| Telecompaper Headlines

(Telecompaper) RTL Group has announced a further shake-up of its management, after reporting first-half results near the high end of its forecast for the year. The company also updated its dividend policy to pay out a higher share of profit to shareholders.

Tags: management sales record plans

MTN Group raises dividend as H1 service revenue grows 9.7%

2019-08-08 09:08:00| Telecompaper Headlines

(Telecompaper) African mobile operator MTN reported service revenue up 9.7 percent at constant currency rates to ZAR 67.9 billion in the first half of 2019, while EBITDA expanded by 10.2 percent to ZAR 31.2 billion. MTN said it had strong subscriber growth of 7.7 million during the period to reach a total of 240 million subscribers at the end of June.

Tags: service group revenue raises

Veon raises dividend as H1 results track ahead of FY growth outlook

2019-08-01 08:42:00| Telecompaper Headlines

(Telecompaper) Veon reported second-quarter results ahead of its full-year outlook. Organic revenues rose 7.5 percent, and adjusted EBITDA was up 11.1 percent, compared to a forecast for low single-digit growth in revenue and low to mid single-digit growth in EBITDA. The growth was supported mainly by the operations in Pakistan and Ukraine, offsetting flat results in Russia and declines in Algeria and Uzbekistan.

Tags: results track growth ahead