Tuesday, February 4

Tag: Mobile Telecommunications

MTN Group Earnings Rise Despite Difficult Conditions; Backs 2023 Outlook
7Nov By adminNo Comments
World

MTN Group Earnings Rise Despite Difficult Conditions; Backs 2023 Outlook

MTN Group said earnings rose in the first nine months of the year despite difficult macroeconomic conditions and inflation, and it backed its expectations for the full year.The South Africa-based telecommunications group said Tuesday that earnings before interest, taxes, depreciation and amortization for the nine months to Sept. 30 were 70.31 billion South African rand ($3.84 billion) compared with ZAR68.40 billion a year before.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Vodafone to Sell Spanish Unit to Zegona Communications for Around $5.3 Bln
31Oct By adminNo Comments
World

Vodafone to Sell Spanish Unit to Zegona Communications for Around $5.3 Bln

Updated Oct. 31, 2023 4:07 am ETVodafone Group has agreed to sell its Spanish unit to European telecommunications investment company Zegona Communications for an enterprise value of around 5 billion euros ($5.31 billion).The U.K.-based telecommunications group on Tuesday said the deal is for 100% of Vodafone Spain.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wireless Companies are Getting More Money out of Your Older Phone
31Oct By adminNo Comments
World

Wireless Companies are Getting More Money out of Your Older Phone

U.S. wireless companies are showing they can still upsell customers in no hurry to buy a new smartphone.AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wireless Companies are Getting More Money out of Your Older Phone
30Oct By adminNo Comments
World

Wireless Companies are Getting More Money out of Your Older Phone

U.S. wireless companies are showing they can still upsell customers in no hurry to buy a new smartphone.AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Telia Co. Raises Guidance After 3Q Earnings Beat Forecasts
19Oct By adminNo Comments
World

Telia Co. Raises Guidance After 3Q Earnings Beat Forecasts

Telia Co. raised its full-year guidance after third-quarter adjusted earnings beat forecasts as its telecommunications business offset weakness in television and media.The Swedish telecommunications operator said Thursday its adjusted earnings before interest, taxes, depreciation and amortization—the company’s preferred metric, which strips out exceptional and other one-off items—rose 9.5% to 8.47 billion Swedish kronor ($768.7 million) from SEK7.96 billion expected in a FactSet poll.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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