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Vivendi loses control of TIM board following crucial shareholder vote

2018-05-08 02:00:00| Total Telecom industry news

Telecom Italia has reappointed Amos Genish as CEO, while Fluvio Conti will take on the role of chairman, after votes were cast at the company's annual shareholder meeting. 49.84 per cent of shareholders approved a list of board changes proposed by activist shareholder fund…read more on TotalTele.com »

Tags: board control vote tim

PepsiCo CEO lays ground for North America cola war as Pepsi loses out to Coca-Cola

2018-04-30 13:13:00| Daily beverage news and comment - from just-drinks.com

PepsiCo CEO Indra Nooyi has pledged to go "toe-to-toe" with The Coca-Cola Co, as the two soft drinks giants battle over share of North America's cola market.

Tags: to north war america

Charter loses 112,000 TV customers in Q1, revenues still up after price hikes

2018-04-27 15:31:00| Telecompaper Headlines

(Telecompaper) US cable operator Charter Communications reported a net loss of 112,000 TV subscribers in the first quarter. It also lost 25,000 telephony customers, while gaining another 362,000 broadband subscribers. It finished March with a total 27.5 million customers, after net additions of 261,000 in Q1, down from 355,000 in the year-earlier period.

Tags: up price customers charter

Verizon Q1 profit up on tax gains, loses phone customers

2018-04-24 15:01:00| Telecompaper Headlines

(Telecompaper) Verizon reported first-quarter earnings of USD 1.11 per share, up from 84 cents a year ago, helped by the US tax reform and new accounting standards for revenue recognition. Revenues rose 6.6 percent to USD 31.8 billion and were 3.2 percent higher on an organic basis. Wireless service revenues were still down 2.4 percent year-on-year, but Verizon said the result excluding the accounting impact was flat over the quarter and positive in March.

Tags: phone tax customers profit