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T-Mobile adds 2.1 mln customers, nearly trebles profit in Q4

2016-02-17 15:21:00| Telecompaper Headlines

(Telecompaper) T-Mobile US added 2.1 million net customers in Q4 2015, bringing its total customer count to over 63 million. This was the eleventh consecutive quarter that the wireless carrier has generated more than 1 million net customer additions and the third consecutive quarter with more than 2 million net customer additions. T-Mobile posted USD 8.25 billion of revenue in Q4 2015, up 1.1 percent on Q4 2014, with service revenue up 11.7 percent and 10.8 million devices. Adjusted EBITDA improved by 30.2 percent to USD 2.3 billion. The operator increased its net profit to USD 297 million (USD 0.34 EPS) in its latest quarter, versus USD USD 101 million (USD 0.12) in Q4 2014. 

Tags: customers profit adds q4

 

Neenahs Sales Up 13% in Q4

2016-02-17 06:00:00| Nonwovens Industry Breaking News

Full year sales increased 6%.

Tags: sales q4

 
 

Telecom Italia sales down 6.7% in Q4, accelerates spending

2016-02-16 08:34:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported a 6.7 percent year-on-year fall in fourth-quarter revenues to EUR 4.84 billion in organic terms, hurt by the effects of the macroeconomic situation in Brazil and wholesale price revision in Italy. Domestic revenues came in at EUR 3.87 billion on an organic basis, down 2.6 percent year-on-year but a 0.7 percent improvement compared to Q3, while sales at its Brazil unit TIM Brasil plummeted 20.2 percent on an organic basis to EUR 940 million, impacted by lower handset sales and what the company described as challenging macro and regulatory environments. Group EBITDA fell 33.2 percent to EUR 1.39 billion, with the EBITDA margin dropping 11.3 percentage points to 28.7 percent at the end of Q4. The group said its net debt would fall to below 3 times EBITDA by the end of 2018. Full-year capex was up 18.5 percent to EUR 5.20 billion compared to EUR 4.98 billion in 2014, reaching 27.2 percent of revenues. Separately, the company also announced an investment of around EUR 12 billion on Italian broadband services as part of its new three-year business plan to 2018, around EUR 2 billion more than the previous plan.

Tags: sales italia spending telecom

 

MillerCoors FY profits dampened by Q4 one-offs

2016-02-11 18:27:00| Daily beverage news and comment - from just-drinks.com

MillerCoors has seen the latter part of 2015 pull on its full-year bottom line, with one-offs in the fourth quarter hitting profits.

Tags: profits q4 dampened millercoors

 

Millicom reports organic service revenue up 5.9% in Q4

2016-02-10 08:23:00| Telecompaper Headlines

(Telecompaper) Millicom reported a fall in fourth-quarter results, hurt by negative currency effects and a number of one-off charges. Revenues fell 9.8 percent to USD 1.68 billion, and adjusted EBITDA was down 7.4 percent to USD 551 million. The company said organic service revenue was still up 5.9 percent year-on-year on mobile data and cable growth, and the adjusted EBITDA margin improved 0.9 percent points to 32.9 percent on efficiency measures. In Latin America, organic revenue rose 2.8 percent to USD 1.42 billion, reflecting some slowdown in Colombia and macro conditions in Paraguay. Service revenue still grew 4.4 percent. EBITDA was USD 513 million, after USD 33 million in one-off charges relating to Colombia integration costs and a bad debt charge. In Africa, organic revenue grew 13.4 percent to USD 258 million, and EBITDA was USD 17 million after USD 26 million of restructuring and one-off items. For 2016, Millicom forecast mid-single digit growth in service revenue, mid- to high-single digit growth in adjusted EBITDA and capital expenditure of USD 1.15-1.25 billion, down slightly from USD 1.28 billion last year. The forecast is based on constant currency rates and scope. 

Tags: service reports revenue organic

 

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