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Tag: pressure
Navalny Poisoning adds Pressure for Germany to Rethink Nord Stream 2
2020-09-03 16:34:38| OGI
Germany politicians demand a tough response from Merkel to the attempted murder of the Kremlin critic.
Tags: germany
pressure
nord
stream
Texas-based Pressure Pumper FTS International to File for Bankruptcy
2020-08-24 20:35:00| OGI
Fort Worth, Texas-based pressure pumper FTS International plans to voluntarily file for bankruptcy in the coming weeks to implement a prepackaged Chapter 11 plan of reorganization it says will pave the way for future strategic growth.
Tags: international
file
pressure
bankruptcy
Cell C to close down 130 stores amid financial pressure, warns of potential job losses
2020-08-24 10:39:00| Telecompaper Headlines
(Telecompaper) South African mobile operator Cell C has announced that it is closing down 130 stores across the country as financial pressure continues to ravage the company, ITWeb reported. The operator says it is reviewing its operating model and organisational structure to address inefficiencies. Cell C has since initiated a Section 189 process, advising staff of the possibility of redundancy of certain positions and possible retrenchments.
Tags: close
job
stores
potential
MTS revenues lift 1% in Q2, OIBDA under pressure from pandemic effects
2020-08-20 12:52:00| Telecompaper Headlines
(Telecompaper) Russian and CIS operator MTS reported revenues of RUB 117.7 billion in the second quarter, up by 1.3 percent year-on-year and slowing from 9 percent growth in the first quarter. Revenues for Russia alone went 0.8 percent higher to RUB 116.3 billion. Top-line growth saw significant positive contributions from both MTS Bank and core telecom services, offset by negative effects from the Covid-19 pandemic and related restrictions, the company said.
Tags: effects
pressure
lift
revenues
Facebook doubles profit on strong growth in user numbers during Q2, sees pressure for ad revenue
2020-07-31 11:37:00| Telecompaper Headlines
(Telecompaper) Facebook doubled its net profit in the second quarter amid continued high engagement on its network amid the covid-19 pandemic, even as revenue growth slowed to 11 percent. The company noted however that it was seeing signs of normalisation in user growth and engagement as lockdown measures ease in some parts of the world, particularly in developed markets where the company's penetration is higher. The company expects the daily and monthly user growth to sequentially flatten or even decline in the third quarter as shelter-in-place measures restrictions continue to lessen.
Tags: user
strong
numbers
growth
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