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Ooredoo Myanmar hits 1 mln subs, targets 25 mln by end-2014

2014-08-25 11:05:00| Telecompaper Headlines

(Telecompaper) Ooredoo has reached 1 million customers in Myanmar, three weeks following the launch of its services on the local market. The operator targets 25 million customers by end-2014. Ooredoo provides 3G voice and internet services in Myanmar using its UMTS900 network. Since the launch, the company said it has seen strong demand for its mobile phone and internet services, with people queuing overnight to purchase an Ooredoo SIM. Ooredoo is one of two new operators in the country, which previously had only a limited, state-owned mobile network with prices beyond the reach of most consumers.

Tags: by hits targets myanmar

Groundwater Tour + Free Lunch = Subs on the Slough Event

2014-08-04 18:19:41| PortlandOnline

Tags: the free event tour

Telefonica Spain sales down 9.1% YoY, pay-TV subs up 91%

2014-07-31 08:29:00| Telecompaper Headlines

(Telecompaper) Telefonica's Spanish unit (Telefonica Espana) reported sales of EUR 3.00 billion in the second quarter of 2014, slightly up on the previous quarter but down 9.1 percent from a year earlier. Telefonica said the results reflected a stabilisation of revenue and a change in the company's business dynamic in Spain, especially in the light of the success of the revamped convergent offer it launched in April. The commercial performance of the new Movistar Fusion deals could be seen in the pay-TV and fibre sectors, with the company adding nearly 350,000 pay-TV subscribers as well as 160,000 fibre customers in the second quarter alone. The operator underlined that its customers' increasing preference for high-quality services should gradually manifest itself in year-on-year growth rates. The company's operating income before depreciation and amortization (OIBDA) for the April-June period fell 16.5 percent in organic terms from a year earlier to EUR 1.34 billion, impacted by the increased commercial effort, while OIBDA margin was down 4.0 percent to 44.7 percent. CapEx for the quarter soared to EUR 436 million, an increase of 40.5 percent compared to Q2 2013, reflecting the operator's accelerated rollout of its fibre and 4G networks.

Tags: up sales spain subs