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UK regulator proposes drop in licence charges for mobile operators
2015-02-19 13:36:56| Telecom - Topix.net
Mobile phone networks could pay lower fees to the government for using airwaves, British telecoms regulator Ofcom said on Thursday, after it recalculated the value of some blocks of spectrum following a 4G auction two years ago. Operators EE, owned by Deutsche Telekom and Orange, Telefonica's O2, Vodafone and Hutchison's Three, could see their total annual fees fall by 10 percent on Ofcom's previous proposal to a combined 223 million pounds a year, the regulator said.
Tags: mobile
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Coca-Cola HBC takes currency hit as FY sales drop
2015-02-18 10:35:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola HBC has warned it will face continued currency fluctuations this year after sales and underlying profits fell in full-year results.
Orange sees drop in EBITDA slowing in 2015
2015-02-17 08:36:00| Telecompaper Headlines
(Telecompaper) Orange reported adjusted EBITDA down 9.6 percent to EUR 12.19 billion, in line with its outlook for a figure of EUR 12.1-12.5 billion. The margin was stable at 30.9 percent. Revenues fell 3.7 percent to EUR 39.445 billion, with weakness across all the operator's main markets. Orange saw a small recovery in the last quarter of the year, when the drop in sales slowed to 1.9 percent. Excluding regulatory effects, revenues were unchanged year-on-year in Q4, led by an improving performance in France, Poland and Spain. Orange's net profit was still down sharply in 2014, to EUR 925 million from EUR 1.87 billion in 2013, due to restructuring charges and settling legal disputes in France. Capital expenditure was largely stable last year, at EUR 5.70 billion or 14.7 percent of revenue. Net debt fell by EUR 4.64 billion in the year to EUR 26.09 billion. Orange forecast a further fall in adjusted EBITDA in 2015, to EUR 11.9-12.1 billion. It will continue to focus on reducing costs in order to offset pressure on revenues. The operator aims to maintain its dividend at EUR 0.60 per share in 2015.
Tags: orange
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Coca-Cola Amatil profit slumps 25 pc as soft drink sales drop
2015-02-17 00:11:16| Beverages - Topix.net
CCA has cut 400 jobs as part of a plan to reduce costs by $100 million over three years and reinvest the savings into the business. Coca-Cola Amatil has posted its lowest profit for eight years, with underlying net profit falling 25.3 per cent to $375.5 million in 2014 as CCA's soft drink brands lost sales and market share in supermarkets and convenience outlets in Australia and Indonesia.
Kirin Group targets beer after group FY sales drop
2015-02-16 13:12:00| Daily beverage news and comment - from just-drinks.com
Kirin Group has said it will focus on boosting beer sales in Japan this year after group full-year revenues dipped.
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