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MTN lowers FY subscriber growth outlook

2015-10-22 13:11:00| Telecompaper Headlines

(Telecompaper) Africa and Middle East mobile operator MTN has cut its guidance for net subscriber additions this year, hurt by required customer registration processes in Nigeria and Cameroon. It now expects to add a net 14.8 million new customers this year, compared to its guidance in June of 16.75 million. In Nigeria, the forecast was cut to 4.5 million from 5.0 million, after MTN already disconnected around 5.1 million Sims in the third quarter for failed registration. The forecast in Cameroon was slashed to 750,000 from 1.15 million. Overall, MTN managed to grow its customer base 0.9 percent quarter-on-quarter in Q3, to a total 233.05 million at the end of September. Mobile Money subscribers reached 36.5 million, up 12.7 percent from three months earlier. Data traffic rose 120 percent year-on-year, and data revenue at constant currency rates was up 27.0 percent, accounting for 23.2 percent of total revenue. 

Tags: growth outlook subscriber lowers

 

Roche sees strong growth from breast cancer drugs

2015-10-22 13:02:38| Biotech - Topix.net

Roche Holding AG expects strong growth from its recent breast cancer drugs Perjeta and Kadcyla well into 2017, the company's head of pharmaceuticals said. Perjeta and Kadcyla increased sales by 66% and 57% respectively in the first nine months of 2015, Roche said Thursday as the Basel company announced a 2% increase in sales during the period.

Tags: strong growth cancer drugs

 
 

Orange raises FY outlook after return to growth in Q3

2015-10-22 08:31:00| Telecompaper Headlines

(Telecompaper) Orange reported a return to organic revenue growth in the third quarter, with revenues up 0.5 percent year-on-year to EUR 10.284 billion. That compares to falls in comparable revenue of 0.2 percent in Q2 and 0.9 percent in Q1. The improvement was driven by a 1.2 percent rise in mobile service revenue, led by the Africa and Middle East activities, and 0.5 percent growth in the enterprise segment. The French operator reported adjusted EBITDA of EUR 3.557 billion for the quarter, up 1.1 percent on a comparable basis, and the margin increased by 0.2 percent points from a year ago to 34.6 percent. Capital expenditure was up 7.6 percent to EUR 1.563 billion, or 15.2 percent of revenue. Thanks to the stronger results and completion of the takeover of Jazztel in Spain, Orange raised its target for full-year adjusted EBITDA to at least EUR 12.3 billion, from earlier guidance of  EUR 11.9-12.1 billion. This also takes into account the consolidation of Meditel and sale of Orange Armenia. The company reiterated a medium-term target of net debt at 2x EBITDA, leaving the door open for further acquisitions. 

Tags: in return growth orange

 

Smart Antenna Market - Global Industry Analysis, Size, Share, Growth, And Forecast 2015 - 2023: Transparency Market Research

2015-10-22 06:53:47| rfglobalnet Home Page

Smart antennas are also known as multiple antennas or adaptive antennas (MIMO) and are used for identifying the direction of the arriving signal at the receiver or transmitter or both. Owing to authorization of 802.11 standards along with increasing applications of wireless technology in mobile communication and defense, the global market for smart antennas is expected to grow at a significant rate from 2012 to 2018.

Tags: size research share market

 

Orange raises EBITDA guidance on returning revenue growth

2015-10-22 02:00:00| Total Telecom industry news

French incumbent's third quarter revenue inches up thanks to improving picture in Europe, continued growth in Africa.

Tags: growth orange revenue returning

 

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