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Nos Q3 telecom revenues down 1% to EUR 342 million, total RGUs up 3%
2020-11-06 15:26:00| Telecompaper Headlines
(Telecompaper) Portuguese operator Nos reported a 1.4 percent annual drop in telecom revenues during Q3 to EUR 341.7 million and EBITDA declined by 1.0 percent to EUR 155.5 million, giving an EBITDA margin of 45.4 percent (+0.2%). Telco capex dropped 11.2 percent to EUR 79.4 million, resulting in operating cashflow (EBITDA-capex) down 21.9 percent to EUR 62.8 million.
Millicom third-quarter revenues down 6.5% YoY, customer base up 2%
2020-10-30 11:59:00| Telecompaper Headlines
(Telecompaper) Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 6.5 percent year on year fall in revenues to USD 1.03 billion in the third quarter of 2020, impacted by the ongoing effects on its business of the Covid-19 pandemic. However, the company was keen to emphasise that the result was an improvement on the 8.0 percent decline posted in the previous quarters as lockdowns eased in most of its countries and the improved performance that began in June continued in the July to September period with robust customer growth. On a year-on-year basis, service revenue declined 3.1 percent organically, improving from a 6.8 percent fall in Q2, with EBITDA down 6.1 percent year on year to USD 581 million. Third-quarter net loss improved to USD 51 million from a negative USD 131 million a year earlier.
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Porsche increases electric range for all Cayenne E-Hybrid PHEVs by up to 30%
2020-10-28 10:55:35| Green Car Congress
Telefonica Germany grows Q3 revenue and profits slightly, mobile postpaid base up 5%
2020-10-28 10:07:00| Telecompaper Headlines
(Telecompaper) Telefonica Germany saw its revenues increase by 0.4 percent year-on-year in Q3 2020 to EUR 1.87 billion thanks to high customer interest, especially in mobile tariffs of the core brand O2 and fixed-network offers, and with sustained trends in mobile service revenue (MSR) and fixed revenue. Operating profit before depreciation and amortisation (OIBDA) rose OIBDA rose by 0.8 percent to EUR 595 million.
Gap Inc sets out plans to shake up its business
2020-10-23 14:45:00| Daily apparel & textile news and comment - from just-style.com
US specialty apparel retailer Gap Inc has set out proposals to shake up its business, with a heavier focus on the Old Navy and Athleta brands and the closure of around one-third of Gap and Banana Republic stores in North America.
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