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BT earnings hit by Italian charge, underlying sales up 1.1%

2016-10-27 10:55:00| Telecompaper Headlines

(Telecompaper) BT said it booked a GBP 145 million non-cash writedown in its fiscal second quarter to September following an internal probe into "inappropriate management behaviour" in its BT Italia operations. The announcement came as the group posted a 35 percent increase in reported revenue in the period to GBP 6.007 billion, thanks mainly to the EE acqusition. On a pro forma basis and excluding transit revenues, sales were up 1.1 percent year-on-year, led by growth in the consumer division.

Tags: up sales hit charge

Satellite TV now in 8.4 million Italian homes

2016-10-25 20:30:22| Digital TV News

Eutelsat (Paris: ETL) has presented fresh data on trends shaping Italys TV landscape where average viewing of linear content is the highest in Western Europe, at four hours and 40 minutes per person per day.

Tags: million homes italian satellite

Celanese buying Italian compounder SO.F.TER. Group

2016-10-19 21:27:34| Canadian Plastics Headlines

Material supplier Celanese Corporation is acquiring Italy-based SO.F.TER. Group, a maker of thermoplastics and thermoplastic elastomers. The terms of the transaction which includes all of SO.F.TER. Groups customer agreements and manufacturing, technology, and commercial facilities have not been… The post Celanese buying Italian compounder SO.F.TER. Group appeared first on Canadian Plastics.

Tags: group buying italian softer