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Tag: growth
T-Mobile leads modest growth in Dutch broadband subscribers in Q1, KPN losses continue
2020-05-27 08:14:00| Telecompaper Headlines
(Telecompaper) KPN continues to suffer in the consumer market, where it has discontinued sales to new customers at its Telfort and XS4All brands in order to promote more premium offers under the KPN flag. This includes the launch of its first gigabit broadband service in March across its expanding FTTH network. KPN still lost 23,000 consumer broadband customers in the quarter, while gaining 8,000 in the B2B segment. In total, KPN had almost 3.15 million broadband customers at the end of March.
Tags: continue
growth
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MTS sees revenue growth slowing from 9% in Q1
2020-05-26 15:58:00| Telecompaper Headlines
(Telecompaper) Revenues of Russian operator MTS increased by 8.9 percent year-on-year to RUB 119.6 billion in the first quarter, led by solid growth in its home market. Group adjusted OIBDA rose 1.6 percent to RUB 51.5 billion, and net profit increased by 0.8 percent to RUB 17.7 billion. Nevertheless, MTS lowered its outlook for the full year due to the uncertain economic outlook, saying it now expects revenues flat to 3 percent higher and OIBDA flat to 2 percent lower. Capex is still expected at around RUB 90 billion, after increased spending of RUB 19.9 billion in Q1.
Telenors new Nordic Hub division looks to boost growth
2020-05-26 02:00:00| Total Telecom industry news
Back in March, Telenor announced the consolidation of its Asian clusters under one unified unit, and it is now doing the same for the Nordic countries. The new Nordic Hub will reportedly target specific growth sectors within the region, including the 5G, IoT, SME and the wider enterprise segments…read more on TotalTele.com »
Tags: growth
division
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hub
Alibaba guides for higher revenues in fiscal 2021 after revenue growth of 22% in Q4
2020-05-22 17:41:00| Telecompaper Headlines
(Telecompaper) Revenues for Alibaba's fiscal fourth quarter rose 22 percent from the year to CNY 114.314 billion, compared to growth of 38 percent in the previous quarter and 40 percent in the one before that. The adjusted EBITDA increased by 1 percent to CNY 25.440 billion, against growth of 37 percent in fiscal Q3. The net profit meanwhile sank 88 percent to CNY 3.162 billion, compared to an increase of 62 percent sequentially.
China scraps annual economic growth target for first time
2020-05-22 06:09:02| BBC News | Business | UK Edition
The world's second largest economy takes unprecedented step not to give forecast for the year ahead.
Tags: time
china
growth
target
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