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Tele2 grows mobile service revenue 3% in Q1

2014-04-25 09:07:00| Telecompaper Headlines

(Telecompaper) Tele2 reported first-quarter sales down 3 percent year-on-year to SEK 7.11 billion, as a contraction in its traditional fixed business offset expansion in the mobile sector. In addition, lower termination rates and the sale of its cable business in Sweden impacted results. Mobile service revenue still increased by 3 percent to SEK 3.60 billion, thanks to customer growth in markets such as the Netherlands and Kazakhstan and increased demand for data services. The mobile customer base grew by a net 68,000, while fixed broadband subscribers were down by 18,000 in the three months. The group's EBITDA was down 7 percent to SEK 1.38 billion, amid increased marketing spend to drive the mobile growth. Net profit rose 35 percent to SEK 475 million thanks to a capital gain of SEK 257 million booked in January on the sale of the Swedish cable business. While capex halved compared to a year earlier to SEK 963 million, cash flow was still a negative SEK 555 million. Tele2 said the focus going forward will be on driving mobile growth in the Netherlands and Kazakhstan, based on its profitable, data-centric model in Sweden. The company is still conducting a strategic review of its Norwegian operations. 

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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.

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PIRTEK Expands its On-Site Mobile Hose Service in the St. ...

2014-02-26 06:00:00| Industrial Newsroom - All News for Today

St. Louis, Missouri&hellip; PIRTEK Fenton, the newest of two St. Louis area locations, opened its doors on February 17, 2014.  The ETA 1 Hour On-Site Hose Service at 316 Axminister Drive in Fenton will reduce equipment downtime and increase productivity by bringing hose and fitting replacement services directly to customer jobsites. <br /> <br /> Joining forces with PIRTEK Overland, established in 2003 by Dave Penning, customers will now benefit from the availability of 8 mobile hose workshops ...

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M2M Service Platform increases mobile operators' profitability.

2014-02-14 14:31:57| Industrial Newsroom - All News for Today

Providing M2M service technologies, Aeris GSP&trade; offers global M2M service platform for mobile network operators. Platform-as-a-Service can be deployed via multiple modular service packages, enabling operator to be up and running in as little as 60 days. Leveraging this solution, mobile operators can lower M2M service delivery expenses, adapt to unique M2M business models, and offer advanced data services to increase M2M revenue per connection. This story is related to the following:Remote Network Services |

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Tele2 posts 5% growth in mobile service revenues in Q4

2014-02-07 08:54:00| Telecompaper Headlines

(Telecompaper) Tele2 forecast a return to growth in 2014, supported by an improved performance in mobile service revenues in the last quarter. For the current year, the operator targets revenues of SEK 30.0 billion, versus SEK 29.87 billion in 2013, and EBITDA of SEK 6.0 billion, up from SEK 5.99 billion last year. Overall its results showed a small drop in 2013 and the fourth quarter, but the company managed to increase mobile services revenues by 5 percent year-on-year, led by expansion in the Netherlands and Sweden. Total revenues were down 4 percent to SEK 7.57 billion, hurt by termiantion rate cuts and a continued decline in customers for fixed services. EBITDA improved slightly, up 1 percent to SEk 1.46 billion and a margin of 19 percent. EBITDA growth was held back by a chareg of SEK 35 million for job cuts in Norway. Despite losing out in the recent spectrum auction in Norway, Tele2 said it will continue to develop the business there with its existing frequencies and pursue commercial agreements for additional capacity. Tele2's net profit was down 22 percent to SEK 169 million in Q4. Capital expenditure increased to SEK 1.26 billion in the latest quarter as the group pushed ahead with network roll-outs, leading to a drop in cash flow to SEK 507 million. In 2014, the company forecast a small drop in capex to around SEK 4.5 billion from SEK 5.2 billion last year.

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