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Tag: underlying
KPN maintains outlook as underlying revenue falls 3% in Q2
2020-07-27 08:56:00| Telecompaper Headlines
(Telecompaper) Dutch operator KPN reported a drop of 3.0 percent in underlying revenues in the second quarter, to EUR 1.29 billion. Including divestments, sales were down 4.9 percent. The coronavirus crisis impacted roaming revenues and the B2B segment, while personnel costs and investments also were down slightly. KPN said the customer base, both in fixed and mobile, was showing the first signs of bottoming out, after several quarters of decline.
Tags: in
falls
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underlying
Vodafone underlying service revenue turns lower in Q1 as pandemic reduces roaming, business revenue
2020-07-24 08:37:00| Telecompaper Headlines
(Telecompaper) Vodafone's underlying service revenues turned lower again in its fiscal first quarter to June, with a drop of 1.3 percent in organic service revenue compared to growth of 1.6 percent in the previous quarter. The company blamed the drop on less roaming revenue and slower business activity due to the Covid-19 pandemic and said it still expects to meet its targets for full-year EBITDA and cash flow.
Tags: service
business
lower
revenue
Telenor cuts FY outlook as underlying revenues turn lower in Q2
2020-07-16 09:19:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its outlook for full-year results, after the Covid-19 outbreak led to a slowdown in the second quarter. Organic growth in subscription and traffic revenues turned negative in the quarter, down 3.6 percent, and Telenor now expects a low single-digit decline over the full year. Cost reductions helped the company lift EBITDA in the quarter, and Telenor targets a stable result in the full year.
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turn
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underlying
Tele2 reinstates FY guidance and extraordinary dividend proposal as Q2 underlying EBITDAaL rises 4%
2020-07-15 09:55:00| Telecompaper Headlines
(Telecompaper) Tele2 said it is reinstating its 2020 guidance and its proposal to distribute an extraordinary dividend of SEK 3.50 per share as it declared that it had fared relatively well in a difficult second quarter for the telecoms sector and society as a whole. Revenue fell by 2 percent and underlying EBITDAaL rose by 4 percent. The operator said it now has 242,000 fixed-mobile convergence (FMC) customers and that it launched Sweden's first public 5G network during Q2.
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guidance
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extraordinary
MTN grows underlying service revenue 11% in Q1
2020-05-14 09:33:00| Telecompaper Headlines
(Telecompaper) MTN Group said it delivered a solid performance in the first quarter, increasing service revenue 16.5 percent to ZAR 38.7 billion. On a constant currency basis, service revenue rose 11.1 percent, as strong growth in markets such as Ghana and Nigeria helped offset lower revenues in its home market South Africa.
Tags: service
revenue
underlying
grows