Omantel reports net income of $95 million for the second quarter of 2008, rise of 48.8% with the growth of subscriber and cost cuts. At the end of the June net income grew 54.4%. CEO Mohammed Al Wohaibi said “he hopes the company will maintain for the entire year”. Corresponding to last year, Quarter’s Revenue stood at OMR 201.1 million, up by 14.3%.
Wireless Federation » archive for 'Revenue'
Omantel shows growth of 48.8% in Q2 (Oman)
- August 5th, 2008
- 2:14 pm
France adds 303,300 mobile subscribers in Q2′08 (France)
- August 5th, 2008
- 10:52 am
The number of mobile subscribers, in Q2′08, in France rose by 303,300 to 56.034 million at the end of June. The postpaid subscribers added 607,000, while the prepaid base fell by 303,700. At the end of June, a decline was seen in MVNOs, as their market share went down to 4.67%. 88% of the french population owns a mobile phone now, up from 83.2%. The calling hours rose by 5.2%, to 35.419 billion minutes. The total revenues generated, by the mobile sector were of EUR 5.318 billion during the quarter, up from EUR 5.261 billion a year ago.
Spirent Communications earns a profit of $44.47 million (UK)
- August 5th, 2008
- 10:36 am
Spirent Communications, British telecoms company, posted H1′08 profit of 22.6 million pounds ($44.47 million), up from 8.1 million pounds, reason being the increased demand for broadband wireless testing.
H1 revenues grew 6% to 120.5 million. “Trading in July has given an encouraging start to the second half-year and the outlook for the rest of the year continues to be in line with our expectations,” the company said in a statement.
BT revenue grows 3%, share price plunges 10% (UK)
- July 31st, 2008
- 1:52 pm
BT’s revenue rises 3% on last year. Along with this rise its shares price drop by a 10%. The telco made earnings before interest, taxation, depreciation and amortisation (EBITDA) of £1.433 billion, up 1% on the same period a year ago. Company warned of margin pressure partly due to currency charges, it remains confident to hit the revenue targets for the full year.
Vivo reports a net loss of $38 million in Q2′08 (Brazil)
- July 31st, 2008
- 12:36 pm
Vivo, Brazil’s number one mobile operator by subscribers, posted a net loss of BRL59.5 million (USD38 million) in the three months to end-June, narrowing a net loss of BRL65.1 million in the same period last year. The improved performance was attributed to an increase in interest rates and to the debt necessary for the purchase of regional mobile operator Telemig Celular.
Vivo’s operational net revenues in the quarter climbed 12.9% year-on-year from BRL3.36 billion to BRL3.79 billion, while group EBITDA rose 16% from BRL756 million to BRL879 million. The EBITDA margin rose marginally by point six of one percent to 23.2%. The operator said it added two million net new subscribers in the period under review to end June with 40.4 million users, up 19.4% compared to 33.7 million in Q2 2007. Of the total, 7.7 million are post-paid and the remaining 32.7 pre-paid. Vivo’s GSM operations reached 22.5 million users, or 55% of the total, while overall, the cellco had a market share of 30.4% at the start of July 2008. The company said its strong net additions in the second quarter were the result of aggressive marketing campaigns and the completion of the acquisition of fellow mobile carrier Telemig Celular on 3 April. Operational costs in the period totalled BRL2.91 billion, up 12% y-o-y, and CAPEX was BRL1.56 billion, up 332% on 2Q 2007, as Vivo progressed plans to expand its GSM coverage and made a part-payment on its 3G licences.
Spain Telefonica’s revenues grew 2.1% in H1′08 (Spain)
- July 31st, 2008
- 9:24 am
Spain’s Telefonica’s first-half revenues in Spain grew 2.1 percent in year-on-year, driven by a 10.4 percent rise in mobile clients.
The figures contrast with those published last week by rival Vodafone, which blamed a sharp economic slowdown in Spain for weaker-than-expected results and a lower full-year forecast.
Apple anounces a growth of 37% in it’s quaterly revenue (US)
- July 22nd, 2008
- 8:52 am
Apple, the maker of computers, iPods and iPhones announced it’s quarterly revenue of $7.46 billion, compared to estimates of $7.37 billion and year-ago revenue of $5.41 billion, for growth of 37 percent. Net income came to $1.07 billion ($1.19 per share), compared to estimates of $1.08 per share and last year’s income of $818 million, for growth of 31 percent.
717,000 iPhones were sold in the quarter, though the number was low due to the release of the then-impending iPhone 3G launch. The company says music-related services revenue was $881 million compared to $819 million a year ago. This includes iTunes Music Store revenue, though it also includes stuff like iPod accessories.
