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Netflix adds record 10 mln new customers in Q2, misses profit guidance

2020-07-17 09:17:00| Telecompaper Headlines

(Telecompaper) The company added 10.1 million new subscribers in the second quarter, a sharp rise from the year before's 2.7 million, boosted by people staying at home due to lockdown measures amid the coronavirus pandemic. The increase brings the number of additions for the first half to 26 million from 12 million year-on-year, a leap the company says will likely start slowing down in the second half of the year as people get through the initial shock of covid-19 and accompanying social restrictions. Net adds for the third quarter are seen at 2.5 million, against 6.8 million the year before, as the earlier sharp rise pulls forward some demand. 

Tags: record customers profit guidance

 

Coronavirus: 'Dear customers, I face ruin, please come back'

2020-07-17 01:02:36| BBC News | Business | UK Edition

Rumit Shah, who runs a chain of greeting cards shops, explains why empty city streets are ruining his business.

Tags: back face customers dear

 
 

America Movil revenue growth slows in Q2 as over 5 mln mobile customers lost

2020-07-15 08:48:00| Telecompaper Headlines

(Telecompaper) America Movil said it lost over 5 million mobile customers in the second quarter, as Covid-19 lockdown measures across almost its entire footprint impacted especially the prepaid market. Fixed customers continued to grow, with 450,000 broadband subscribers added, and underlying service revenues were 0.8 percent higher year-on-year in Q2. 

Tags: mobile lost america growth

 

Energy regulator Ofgem plans 20 cut to customers' bills

2020-07-09 09:22:53| BBC News | Business | UK Edition

Ofgem also wants energy companies to spend 25bn in the next five years to invest in greener energy.

Tags: plans energy customers cut

 

Tapping data goldmine could bring Zombie customers to life

2020-07-08 02:00:00| Total Telecom industry news

Knowledge is power. In the modern world, such a phrase is almost synonymous with mass data analysis, drawing broad conclusions about distinct market segments. But now, cloud-based platforms could soon make it possible to respond optimally to individual customers needs in realtime.   As the handlers of a vast quantity data, one would be excused for thinking that network operators themselves are at the forefront harnessing digital customer data. However…read more on TotalTele.com »

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