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BT increases fibre network build target, suspends dividends on Covid-19 impact

2020-05-07 11:17:00| Telecompaper Headlines

(Telecompaper) BT Group has announced a rapid acceleration of its FTTP network build, setting a new target of reaching 20 million premises by mid-to-late-2020s, with a significant build in rural areas. This will be supported by a GBP 12 billion investment spend. The announcement was made as BT reported revenue of GBP 22.90 billion for the year to 31 March 2020, down 2 percent (reported basis) on the impact of regulation, declines in legacy products, strategic reductions in low-margin business and divestments. 

Tags: network build impact target

 

Qualcomm quarterly profits fall short of target, sees bigger drop in Q3

2020-04-30 08:05:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported net earnings for its fiscal second quarter to March down 25 percent year-on-year to USD 0.41 per share. The company said demand for mobile handsets was 21 percent below its forecast due to the impact of the Covid-19 pandemic. The chipmaker expects an even bigger shortfall of 30 percent in the third quarter to June. 

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Molson Coors Beverage Co rolls out US product locator to target consumer shift online

2020-04-24 16:57:00| Daily beverage news and comment - from just-drinks.com

Molson Coors Beverage Co has brought forward the launch of a product locator for e-commerce purchases in the US, targeting locked-down consumers who have only recently become aware they can buy beer online.

Tags: online product target consumer

 

Wrangler surpasses 2020 water saving target

2020-04-23 13:18:00| Daily apparel & textile news and comment - from just-style.com

US denim brand Wrangler has saved more than 7bn litres of water in the production of its denim products, surpassing its 2020 target.

Tags: water target saving wrangler

 

Shells Net-Zero Emissions Target Sets Sectors Broadest Carbon Reduction Plans

2020-04-16 15:21:58| OGI

Royal Dutch Shell on April 16 deepened its ambition to battle climate change, setting the oil and gas sectors broadest plan to reduce greenhouse gas emissions to net-zero by 2050.

Tags: plans target sets reduction

 

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