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Zain Group H1 revenue falls 2% to KWD 552 mln, EBITDA up 6%
2016-08-01 09:03:00| Telecompaper Headlines
(Telecompaper) Zain Group reported revenues for the first six months of 2016 of KWD 552 million, down 2 percent year-on-year. EBITDA rose by 6 percent to KWD 255 million compared with the same period in 2015. The EBITDA margin increased to 46.2 percent from 42.8 percent for the same period of 2015.
Global tablet shipments fall 8 percent in Q1, ASP up 9%
2016-08-01 08:41:00| Telecompaper Headlines
(Telecompaper) Global tablet shipments fell 8 percent year-on-year in the second quarter to 46.7 million units, while average selling prices increased 9 percent over the same period, according to Strategy Analytics. Advanced tablets, such as the iPad Pro and Microsoft's Surface Pro 4, helped drive the price increase, as consumers and enterprises alike turned to 2-in-1 type devices that offer the features of a real computer. The market researcher estimates that Apple was largest vendor in the period, with a 21.3 percent share of shipments, little changed from a year ago. Samsung's share fell to 13.2 percent, after an estimated fall in shipments to 6.1 million from 8.0 million a year ago.
Sales of Ford Fusion Hybrid, Fusion Energi jump in LA in June; up 35% and 40% y-o-y respectively
2016-07-26 12:55:58| Green Car Congress
The climate that most of us grew up with is gone for good
2016-07-21 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Mashable: On Tuesday, two government science agencies announced that the first six months of 2016 were the warmest first half of any year on record. The data confirms what climate scientists have been startled to see during the past several years -- the Earth's climate has made a step jump into a new, hotter era with more intense and frequent extreme events. SEE ALSO: June marks Earth's 14th-straight record warm month, catapults globe into new climate regime One way to look at the recent climate trends...
Tele2 quarterly EBITDA falls 22%, sales up 1%
2016-07-21 09:08:00| Telecompaper Headlines
(Telecompaper) Tele2 reported a drop in second-quarter profits as the company increased commercial spending in an effort to accelerate sales in its largest markets, Sweden and the Netherlands. While revenues rose slightly to SEK 6.668 billion from SEK 6.611 billion a year ago, EBITDA dropped to SEK 1.087 billion from SEK 1.393 billion. The margin dropped to 16 percent from 21 percent a year ago. After SEK 95 million in restructuring charges and a higher tax bill, Tele2 posted a net loss of SEK 60 million from the quarter, versus a profit of SEK 309 million a year ago. Tele2 maintained its outlook for mobile end-user service revenue growth in the mid single digits in 2016, after 2 percent growth in Q2.
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