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Iliad $10 Billion T-Mobile Savings Bewilders Analysts: Real M&A

2014-08-02 09:22:02| Telecom - Topix.net

Iliad SA thinks it can pull off an acquisition of T-Mobile US Inc. for more than the French company itself is worth, while also cutting $10 billion of costs.

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Iliad $10 Billion T-Mobile Savings Bewilders Analysts: Real M&A

2014-08-02 02:34:38| IT Services - Topix.net

Iliad SA thinks it can pull off an acquisition of T-Mobile US Inc. for more than the French company itself is worth, while also cutting $10 billion of costs.

Tags: real ma savings billion

 
 

Airbnb celebrates environmental savings

2014-08-01 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The growing trend for holiday makers to rely on the hospitality of strangers, rather than booking into expensive hotels, certainly has financial benefits, but a new report by Cleantech Group has highlighted how online services such as Airbnb or Couchsurfing are delivering environmental benefits as well. The study of over 8,000 Airbnb guests and hosts found that guests tend to use significantly less water and energy, when opting to share someone's property instead of booking into a hotel. Cleantech...

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Walmart launches new price-match program called 'Savings Catcher'

2014-07-31 23:02:31| Grocery - Topix.net

Savings Catcher has a built in appeal to shoppers who don't have the time to devote to shopping, folks who already do the vast majority of their shopping at Walmart, and consumers who shop at grocery stores, such as Kroger and Food Lion, that don't double coupons.

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Orange increases cost savings to stabilise margin

2014-07-29 08:45:00| Telecompaper Headlines

(Telecompaper) Orange reported a small improvement in its adjusted EBITDA margin for the first half of 2014, to 31.3 percent from 31.1 a year earlier, thanks to cost reductions. Revenues were still down 4.9 percent to EUR 19.59 billion, with divestments such as Orange Dominicana reducing sales by 0.8 percent and currency effects taking another 0.6 percent off revenue. On a comparable basis and excluding regulatory effects, sales fell 2.3 percent in the second quarter, a smaller drop than the 3.0 percent fall in Q1 and 3.8 percent drop in Q4. Adjusted EBITDA for the first half declined 4.3 percent to EUR 6.14 billion, and net profit dropped 26.3 percent to EUR 891 million. Orange said the results showed steady improvement in key markets such as France and Poland, as well as continued strong growth in the Middle East and Africa. The company raised its target for cost reductions this year to EUR 300 million from 250 million previously, while maintaining the outlook for adjusted EBITDA of EUR 120-12.5 billion and a stable margin in 2014. Orange moved closer to its target of net debt at 2x EBITDA with a result of 2.17 at the end of June, down from 2.37 six months earlier. Capital expenditure in the first half was up just 3.1 percent year-on-year to EUR 2.50 billion. Orange said it will pay an interim dividend of EUR 0.20 per share and a full-year dividend of EUR 0.60. 

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