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Safaricom H1 service revenue falls 5% as M-Pesa turnover shrinks by 15%, active customers rise 14%

2020-11-09 09:33:00| Telecompaper Headlines

(Telecompaper) Kenyan operator Safaricom's net profit decreased by 6.0 percent to KES 33.07 billion in the first six months to 30 September from KES 35.19 billion in the same period of 2019. Total revenue decreased by 4.1 percent to KES 124.53 billion from KES 129.92 billion in 2019 with service revenue dropping 4.8 percent to KES 118.41 billion from KES 124.32 billion. The company attributed the decline to Covid-19 pandemic, blaming the decline in service revenue performance on lower M-Pesa and voice revenues.

Tags: service active customers rise

 

Sunny payday loan customers may get nothing in payouts

2020-11-06 19:43:52| BBC News | Business | UK Edition

Some 500,000 Sunny customers were mis-sold payday loans by Sunny before it collapsed.

Tags: nothing customers loan sunny

 
 

T-Mobile US raises EBITDA outlook after over 2 million customers added in Q3

2020-11-06 08:48:00| Telecompaper Headlines

(Telecompaper) T-Mobile US has significantly increased its outlook for second-half EBITDA and cash flow after record customer growth in the third quarter. The mobile operator added 2.035 million new customers, taking its past 100 million in total for the first time. 

Tags: in added million customers

 

Sunrise sees slight revenue decrease but EBITDA and mobile prepaid customers grow in Q3

2020-11-05 09:25:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise said revenues decreased year-on-year in Q3 2020 by 0.5 percent to CHF 471 million due to less hubbing business. Service revenues excluding hubbing and hardware increased by 1.9 percent in the third quarter year-on-year to CHF 400 million, after a slight decrease in Q2. The rebound was the result of customer momentum, less intense headwinds in roaming and project-driven 'Integration' business, as well as an improving trend in postpaid value mix.

Tags: in mobile customers grow

 

Charter residential video customers up 53,000 in 3Q 2020

2020-10-30 12:30:32| Digital TV News

Charter Communications has reported results to September 30, 2020. Residential video customers increased by 53,000 in the quarter. At the end of the period, Charter had 15.7 million residential video customers.

Tags: video customers residential charter

 

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