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3 Group service revenues up 9% in 2014, passes 25 mln subs
2015-02-26 14:11:00| Telecompaper Headlines
(Telecompaper) The 3 Group grew its active customer base 13 percent in Europe last year to over 25.0 million at year-end. The mobile operator recorded revenues of HKD 65.6 billion in Europe, up 6 percent from 2013, and mobile service revenues rose 9 percent to HKD 49.5 billion. The company increased EBITDA 23 percent to HKD 15.6 billion, the EBITDA margin improved to 30 percent from 27 percent in 2013, and EBIT rose 42 percent to HKD 6.9 billion, parent company Hutchison Whampoa reported. With the exception of Italy, all operations in 3 Group Europe increased their contributions to group earnings during the year. The company said it profited from cost synergies in Austria and Ireland after its takeovers there, and the group will continue to look for consolidation opportunities in its markets.
Tags: service
group
passes
revenues
Netflix adds 13 mln subs in 2014, plans global expansion
2015-01-21 08:48:00| Telecompaper Headlines
(Telecompaper) Netflix announced plans to accelerate its international expansion, after adding 13 million new customers in the past year. The company reported growth in the fourth quarter ahead of its outlook, adding 4.33 million new streaming customers for a total 57.39 million. Netflix said it's now profitable in its first markets launched outside the US. It will expand to Australia and Zew Zealand by March and more countries by the end of this year. Already available in 50 countries, Netflix aims to grow to around 200 markets worldwide by 2017, including China. The international expansion and investments in content led to negative free cash flow of USD 78 million in Q4. Netflix still had USD 1.6 billion in cash at year-end and said it aims to raise around USD 1 billion this year in a debt offering. The company's operating profit fell to USD 65 million in Q4 from USD 82 million a year earlier, while net profit rose to USD 83 million from USD 48 million, helped by a one-time tax gain of USD 39 million.
Tags: global
plans
expansion
adds
China Mobile 4G subs exceed 90m
2015-01-20 01:00:00| Total Telecom industry news
China was home to 1.29 billion mobile customers at end-2014; China Telecom records net subscriber gain over full year.
Tags: china
mobile
exceed
subs
Verizon 'Comfortable' Churning Low-Value Subs
2015-01-07 10:49:20| IT Services - Topix.net
Verizon Wireless may have lost some subscribers to T-Mobile and Sprint's competitive antics in the fourth quarter, but the carrier's CEO says it's left with the higher-quality customers the carrier wants to keep. Churn was up in the fourth quarter from third quarter levels of 1% as customers were "moving back and forth to see if the claims are true," Verizon Communications Inc. CEO and Chairman Lowell McAdam said at the Citi conference Tuesday, referring to rampant new offers from T-Mobile US Inc. and Sprint Corp. .
Tags: comfortable
verizon
subs
churning
Dish TV India adds 378k subs in Q3; considers local STB manufacturing
2014-10-29 15:10:53| Digital TV News
Dish TV India (BSE:532839, NSE:DISHTV) has reported second quarter fiscal 2015 results. Dish TV added 378,000 net subscribers during the quarter to finish with a net subscriber base of 12.1 million at end-September. Dish TV sadi that it is considering plans for domestic manufacturing of STBs.
Tags: local
india
manufacturing
adds
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