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Telefonica Deutschland slows sales drop, OIBDA accelerates in Q2

2017-07-26 08:44:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland slowed its drop in revenues to 3.4 percent in the second quarter, for a total EUR 1.77 billion, while growth in adjusted EBITDA accelerated to 5 percent, to EUR 472 million. The OIBDA margin improved 2 percentage points to 26.7 percent, driven by cost savings. The company said it reduced costs by EUR 40 million in the quarter.

Tags: sales deutschland drop q2

Bharti Airtel revenue drop accelerates to 14% in June quarter

2017-07-25 14:02:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel reported another drop in quarterly results, as India's largest mobile operator suffered from tough competition at home and the currency devaluation in Nigeria.

Tags: june drop quarter revenue

New biofilm reactor accelerates algae growth

2017-07-25 12:55:41| Green Car Congress

Tags: growth reactor algae accelerates

Tele2 raises FY EBITDA target after growth accelerates in Q2

2017-07-19 08:25:00| Telecompaper Headlines

(Telecompaper) Tele2 has raised its guidance for EBITDA this year, driven by improving results in its growth markets the Netherlands and Kazakhstan and success with its challenger programme in Sweden and the Baltic markets. The company now expects annual EBITDA of SEK 6.26.5 billion compared to previous guidance of SEK 5.96.2 billion, while the capex budget was trimmed to SEK 3.63.9 billion from SEK 3.84.1 billion.

Tags: in growth target raises