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Telefonica results improve in Q2 on strong mobile, fibre growth

2018-07-26 08:18:00| Telecompaper Headlines

(Telecompaper) Telefonica reported a small improvement in underlying results for the second quarter, leading the Spanish operator to maintain its outlook for the full year. While reported revenues fell 6.3 percent to EUR 12.14 billion, this was mainly due to forex effects, and organic growth improved to 2.0 percent, or 3.3 percent if regulatory effects were excluded. Growth was led by a 19.6 percent increase in handset revenues and included a 0.7 percent increase in service revenues. 

Tags: results mobile improve strong

 

Facebook shares fall sharply after slower growth in Q2, weak outlook

2018-07-26 07:32:00| Telecompaper Headlines

(Telecompaper) Facebook reported a slowdown in growth in the second quarter and said it expects the trend to continue in the rest of 2018. Revenues rose 42 percent year-on-year to USD 13.23 billion, compared to annual growth of 49 and 47 percent in the previous two quarters. The operating margin fell to 44 percent from 47 percent a year ago, while net profit was still up 31 percent to USD 5.11 billion or USD 1.07 per share. 

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African growth helps drive strong financials for Orange

2018-07-26 02:00:00| Total Telecom industry news

Orange has posted a strong set of financials for its H1 2018 reporting period, with revenue growing by 1.7 per cent across the group. Revenues reached €20.2 billion, with adjusted EBITDA also rising by 3.3 per cent to €5.984 billion. Growth was particularly strong in Orange's African business unit…read more on TotalTele.com »

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Facebook's shares tumble as growth disappoints

2018-07-25 22:43:46| BBC News | Business | UK Edition

The social media firm's shares were hit by news that growth in monthly active users is slowing.

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Waste Management, Waste Connections Experience Growth in Q2 2018

2018-07-25 18:27:53| Waste Age

While both companies saw increases in revenues, they continued to struggle with the impact of Chinas waste import ban and contamination standard as well as recycling.

Tags: management experience growth waste

 

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