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Eurozone outlook improves, says IMF

2015-07-27 16:13:44| BBC News | Business | UK Edition

The outlook for the eurozone has improved, says the IMF, but it adds that the region is still "vulnerable to shocks".

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Vodafone organic service revenue growth improves to 0.8%

2015-07-24 08:28:00| Telecompaper Headlines

(Telecompaper) Vodafone showed a small improvement in underlying sales trends in its fiscal first quarter to June. Organic service revenues rose 0.8 percent year-on-year, with a 1.5 percent fall in Europe and 6.1 percent growth in Asia and Africa. Vodafone said it saw a continued recovery in Europe, as the UK grew service revenue 0.2 percent and the drop in organic service revenue slowed in Germany (-1.2%), Italy (-2.0%) and Spain (-5.5%). It also returned to revenue growth in South Africa and saw a strong increase of 15.0 percent in organic service revenue in Turkey and 6.9 percent growth in India. Group total revenue still fell 0.9 percent to GBP 10.1 billion, as negative forex effects took 7.3 percent points off revenue and acquisitions added 3.1 percent. Vodafone CEO Vittorio Colao said the improving revenue trend was due in part to customer demand for 4G and mobile data. Across the group, the total amount of data traffic carried over Vodafone networks grew by 78 percent, with the AMAP region growing 97 percent and Europe 64 percent. Vodafone had 24.1 million 4G customers across 18 markets at the end of June, and 4G accounted for 35 percent of all data traffic in its European markets. In AMAP, the number of active data users increased by 6.6 million in the quarter to 122.2 million. The number of fixed broadband subscribers rose by 264,000 in the quarter to 12.3 million. Vodafonealso added 3.36 million mobile customers in the three months, for a total 449.1 million at the end of June. 

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BC Hydro Run-of-River Project Provides Power to Grid, Improves Reliability

2015-07-23 23:11:00| Transmission & Distribution World

A McBride area run-of-river project is now delivering clean, reliable power to BC Hydro's grid. read more

Tags: power project reliability grid

 

Vodacom service revenue growth improves to 4.7%

2015-07-23 13:29:00| Telecompaper Headlines

(Telecompaper) African mobile operator Vodacom reported revenues for the June quarter up 7 percent year-on-year to ZAR 19.56 billion, led by a steady improvement in its home market South Africa and double-digit growth elsewhere in Africa. Organic service revenue growth was 4.7 percent, to a total ZAR 15.66 billion, with a 2.8 percent rise in South Africa and an 11.3 percent increase at the international operations. Data grew to over 30 percent of service revenue, or ZAR 4.85 billion, up 35.2 percent from a year earlier. The active customer base increased 6.5 percent to 63.5 million at the end of June, and data customers were up 10.8 percent to 28.0 million. Compared to March, Vodacom added 1.2 million new customers in South Africa, for a total 33.31 million. At the international operators, the DRDC led growth, gaining just under 700,000 new customers, and Mozambique added 154,000 new subscribers, while the Tanzania base was slightly lower on a sequential basis. 

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New ionic liquid-based electrolyte with binary lithium salts improves Li-S battery performance

2015-07-19 16:55:33| Green Car Congress

Tags: performance battery lis binary

 

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