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Tag: telekom
Telekom Austria Q1 revenues down 2%, profits improve
2015-04-22 11:01:00| Telecompaper Headlines
(Telecompaper) Telekom Austria reported first-quarter revenues down 2.0 percent year-on-year to EUR 956 million, as an improved performance in Austria and Croatia was offset by weaker results elsewhere. Excluding currency effects, notably in Belarus, revenues were stable, the company said. Comparable EBITDA was up 5.8 percent to EUR 338.5 million, helped by better results in Austria and Belarus as well as a one-time settlement gain of EUR 20 million in Slovenia. Net profit jumped to EUR 93 million from EUR 41 million a year ago. The group maintained its outlook for full-year revenues up around 2 percent, capex of EUR 700-750 million and a dividend of 5 cents a share. In the first quarter, capex rose 21.8 percent to EUR 121 million, and operating cash flow increased 82.8 percent to EUR 272 million. Net debt reduced by 4.3 percent compared to the end of 2014 to EUR 2.58 billion or 2.0 times annual EBITDA.
Tags: improve
austria
profits
revenues
Slovak Telekom launches IPO
2015-04-22 09:52:00| Telecompaper Headlines
(Telecompaper) The Slovak government launched a public offering of its 49 percent stake in former monopoly Slovak Telekom on 21 April and is seeking to raise up to EUR 1 billion, reports Reuters. The price range for the initial public offering (IPO) was set at EUR 17.70 - 23.60 per share. Slovak Telekom, which is majority-owned by Deutsche Telekom, said the offer for institutional investors would start on 21 April and close on 06 May. For retail investors, it begins on 22 April.
Tags: telekom
ipo
launches
slovak
Telekom Austria Q1 profit surges on cost savings
2015-04-22 02:00:00| Total Telecom industry news
Revenue dips 2% but EBITDA improves thanks to strong operating performance in Austria, Belarus.
Tags: cost
austria
profit
savings
Turk Telekom moves for sole ownership of Avea
2015-04-22 02:00:00| Total Telecom industry news
Turkish telco posts 93% decline in net profit in Q1, but revenues and EBITDA grow.
Tags: ownership
sole
moves
telekom
Telekom Slovenije selects Viaccess-Orca player for OTT delivery
2015-04-21 13:00:32| Digital TV News
Viaccess-Orca has announced that Telekom Slovenije has selected Viaccess-Orca's Connected Sentinel Player to support its new OTT multiscreen platform TViN. Through the Connected Sentinel Player, operators and content providers can securely deliver OTT services to a wide range of connected devices.
Tags: delivery
player
telekom
ott
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