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Ericsson underlying sales up 13% in Q4 on 5G demand, net profit jumps 60%

2021-01-29 09:32:00| Telecompaper Headlines

(Telecompaper) Ericsson reported a strong finish to 2020, exceeding its margin targets as sales were boosted by demand for 5G networks...

Tags: net sales demand profit

 

Vodafone underlying service revenue still off in Q2 on reduced roaming

2020-11-16 09:58:00| Telecompaper Headlines

(Telecompaper) Vodafone said underlying service revenue declines slowed on a sequential basis in its fiscal second quarter to end September, to 0.4 percent year-on-year from a decline of 1.3 percent in the first quarter. Underlying momentum was offset by lower revenue from roaming and visitors amid the continuing covid-19 pandemic. Excluding roaming, service revenue grew 1.5 percent in Q2. The general figure was still off from the year before, when underlying service revenues lifted 0.7 percent.  

Tags: service reduced revenue underlying

 
 

Telenor raises FY forecast for growth in underlying EBITDA thanks to cost cuts

2020-10-21 09:25:00| Telecompaper Headlines

(Telecompaper) Telenor said it now expects to report a small increase in underlying EBITDA this year, after a return to growth in the third quarter. Organic subscription and traffic revenue is still expected to show a low single-digit decline as some countries in Asia, such as Thailand and Malaysia, are affected by lower revenues due to the coronavirus pandemic. 

Tags: to cost growth underlying

 

Ericsson underlying sales growth improves to 7% in Q3 on 5G demand in China, US

2020-10-21 09:01:00| Telecompaper Headlines

(Telecompaper) Ericsson reported a small acceleration in underlying sales growth to 7 percent in the third quarter, supported by the expanding Chinese 5G market. Margins also continued to improve at the company, giving confidence it will meet its full-year outlook and targets for 2022, Ericsson said. 

Tags: in us sales china

 

Deutsche Telekom Q2 results up on Sprint takeover, underlying revenue down 0.6%

2020-08-13 08:29:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported a surge in second-quarter results following its takeover of US operator Sprint. Revenues rose 37.5 percent to EUR 27.0 billion, and adjusted EBITDA AL jumped 56.4 percent to EUR 9.8 billion. Adjusted for the takeover and currency effects, revenues were down 0.6 percent, and EBITDA increased 8.4 percent. 

Tags: results deutsche revenue underlying

 

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