www.WirelessFederation.com/news: TOT has posted a fall of 4.5% year-on-year to THB13 billion (USD385 million) in its operating revenues in the first half of 2009, despite its profit after tax increased by 80% to THB3.6 billion, up from THB2 billion in the same period of last year, through savings achieved by a cost cutting programme. TOT says it will increase its focus on broadband internet access and high speed multimedia content to boost its flagging revenues as part of its 2010-13 strategic plan.
On 08.12.09, In Mobile, By Editor
On 08.12.09, In Mobile, By Editor
www.WirelessFederation.com/news: Partner Communications has posted financial results for the three month period ended 30 June 2009. The telco posted 2.1% year-on-year increase in net profit, regardless of a drop in both revenue and operating profit. Partner posted a net income of ILS288 million (USD73 million) for the three-month period, up from ILS282 million a year ago, while revenue plunged 1.6% y-o-y to ILS1.514 billion and operating profit 2.9% against 2Q08 to ILS434 million. Earnings before interest, tax, depreciation and amortisation (EBITDA) were up 1.8% against the same period a year earlier at ILS574 million.
The telco gained 41,000 new subscribers on this quarter, taking its toal base to 2.94 million, of which it said 1.102 million were subscribed to 3G services. It also noted that average minutes of use (MoU) and average revenue per user (ARPU) had both declined compared to the same quarter a year earlier; it attributed the fall in ARPU to lower roaming revenue coupled with the switch from twelve-second billing intervals to one-second. David Avner, Partner’s CEO, said, ‘I am very satisfied with our operational and financial performance, which demonstrates our focus on the realisation of the company’s short-term objectives and long-term strategy.’
On 08.10.09, In Mobile, By Editor
www.WirelessFederation.com/news: Polska Telefonia Cyfrowa (PTC), the Polish wireless network operator, has reported a drop by half a percent in the six months ended 30 June
2009, reflecting improved performance in the second quarter from the previous quarter as the company managed to attract new clients. The revenue was up 4.5% in the second quarter to PLN1.96 billion (USD681 million) compared to the first quarter. First-half revenue plunged only 0.5% year-on-year to PLN3.83 billion despite heavy price pressure, attributed to a 4.5% net growth of the subscriber base and the low churn rate.
‘Despite the drop of interconnect rates, the economic downturn and the strong depreciation of the zloty, in the second quarter PTC kept its revenues at the budgeted level,’ the company said.
The telco second quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) mounted 3.8% from the same period a year earlier to PLN758 million, while EBITDA margin rose 1.8 percentage points year-on-year to 38.7% at end-June. Average revenue per user was PLN47 in the second quarter. The firm ended June with a subscriber base of 13.41 million, up 4.5% from the same period a year ago, comprises of 6.477 million postpaid subscribers.
On 08.06.09, In Mobile, By Editor
www.WirelessFederation.com/news: Turkcell has posted net profit of USD245.8 million for the Q2′09, down 42.4% year-on-year. The drop is driven by the ongoing depreciation of the Turkish lira against the US dollar and provisions set aside for litigation which impacted the bottom line by TRY123 million (USD84.4 million). The telco reported revenues of USD1.4 billion for the three months ended 30 June, down 20.3% in comparison to Q208. The telco ended June with a subscriber base of 36.3 million.
On 08.06.09, In Mobile, By Editor
www.WirelessFederation.com/news: T-Mobile USA, Inc. (T-Mobile USA) today reported second quarter of 2009 results. In the second quarter of 2009, T-Mobile USA reported
OIBDA of $1.6 billion, up 16% compared to the first quarter of 2009 and up 1% from the second quarter of 2008, with an OIBDA margin of 34%.
Additionally, T-Mobile USA reported contract churn of 2.2%, down from 2.3% in the first quarter of 2009, and 325,000 net new customers in the second quarter of 2009.
“In 2009, we’re launching the best products and services we’ve ever brought to market,” said Robert Dotson, President and CEO, T-Mobile USA.
“In the quarter, we unveiled devices like our new T-Mobile myTouch 3G with Google. The myTouch will join other new T-Mobile 3G devices just in time for a powerful back-to-school offering available in even more locations with our newly announced RadioShack retail agreement. In the quarter, we also made steady progress in growing data revenues as more customers move to craved-for mobile internet and messaging services. And finally, in Q2 we also drove operational cost efficiencies that helped us deliver a much better margin for the quarter.”
“We see opportunities for new growth given the anticipated growing demand for innovative mobile internet and data services in the U.S. market,” said Rene Obermann, CEO of Deutsche Telekom. “In the area of cost control, I’m pleased with efforts by the U.S. team to drive a sequential increase in margin.”
On 08.05.09, In Mobile, By Editor
www.WirelessFederation.com/news: Entel has reported net profit of CLP33.3 billion (USD61.7 million) in Q2′09, down 6% from CLP35.4 billion in the same quarter a year earlier. For the first six months of the year earnings were CLP64.5billion, also down 6% from CLP68.4 billion a year ago. Total revenues for the quarter were CLP239 billion, up only 1% in comparison to CLP236 billion in 2Q08. Sales were affected by a 45% drop in mobile interconnection rates that came into effect earlier this year.
Entel’s CFO Felipe Ureta said the global economic crisis was responsible for a weaker economic environment, which in turn had impacted results. Nonetheless, he said he expects demand to pick up in the third quarter of the year. ‘Despite the 45% decline in mobile interconnection rates and a weaker domestic economic environment, consolidated revenues for the quarter increased 1%. This result was principally driven by higher revenues in the Chile wireline business, fueled by data and IT services,’ Ureta said. The telco is home to 5.95 million subscribers, up 2%, holds a market share of 39%. In the post-paid arena, total subscriber base reaches to 31% corresponding to 28% a year ago.
On 08.04.09, In Mobile, By Editor
www.WirelessFederation.com/news: Cincinnati Bell today announced second quarter 2009 net income of $26 million, or 11 cents per diluted share, which is a diluted earnings per share increase of 18 percent compared to the second quarter of 2008. Total revenues for the second quarter of $328 million decreased 7 percent from the second quarter of 2008. Operating income decreased $4 million, or 5 percent, to $76 million in the second quarter of 2009, and adjusted earnings before interest, taxes, depreciation and amortization1 (Adjusted EBITDA) of $118 million decreased $1 million or 1 percent compared to last year.
“Cincinnati Bell continues to perform well in this difficult economy,” said Jack Cassidy, president and chief executive officer. “The aggressive expense reductions we implemented in the first half of the year have allowed us to maintain our profitability and increase our cash flow, despite the poor economy. Also, we are pleased with the continuing success of our data center and managed services operations, which had revenue growth of 14 percent compared to last year.” Quarterly Highlights Quarterly revenue fromTechnology Solutions ( News – Alert) totaled $66 million reflecting a year-over-year increase in data center and managed services revenue of $4 million, or 14 percent, offset by a decline in revenue from telecom and IT equipment of $17 million, or 34 percent. The growth in the data center business contributed to a 17 percent increase in Adjusted EBITDA for Technology Solutions, in spite of a 15 percent reduction in total revenue. Utilization of the company’s data center capacity increased to 81 percent during the quarter.
Wireless service revenue in the second quarter of 2009 was $71 million compared to $72 million in the prior year quarter. Higher data revenue, driven by smartphone subscriber growth, was more than offset by lower voice revenue resulting from a year-over-year decline in postpaid voice minutes of use per subscriber. Cincinnati Bell’s focus on smartphone subscriber growth resulted in the net addition of 8,000 smartphone activations in the second quarter of 2009.
Bundled customers increased by 2,000 during the second quarter, driven by the company’s Priced For Life bundled program. With Priced For Life, customers can eliminate price increases by establishing a permanent monthly rate for a bundle of two or more communications services without a contract.
Cincinnati Bell continued to repurchase common stock under the program authorized by its Board of Directors in February 2008. In the second quarter of 2009, common stock repurchases totaled 5 million shares for $13 million. Since the program’s inception, the company has purchased 37 million shares for $111 million, representing 15 percent of shares outstanding at the end of 2007.
On 08.04.09, In Mobile, By Editor
www.WirelessFederation.com/news: Reliance Communications (RCOM) has reported its financial results for the three months ended 30 June 2009, unveiled a rise of 8.3% in net profit. RCOM posted net profit of INR16.37 billion (USD342 million) for its first quarter of the 2009-10 fiscal year, in comparison to INR15.12 billion a year ago. Revenue for this quarter mounted 15.5% y-o-y to INR61.45 billion, while earnings before interest, tax, depreciation and amortisation (EBITDA) rose to INR24.52 billion, up 8.9% against the same period a year earlier.
Anil Dhirubhai Ambani, RCOM’s Chairman, said, ‘Successful commercial launch of nationwide GSM services and other new initiatives across all our businesses helped to drive profitable and sustainable growth at RCOM.’
On 08.02.09, In Mobile, By Editor
www.WirelessFederation.com/news: Softbank Corp has reported net income of JPY27.4 billion (USD288 million), up 41.4% year-on-year after the company cut costs and achieved a slight increase in revenue of 2.9% to JPY666.3 billion. The company said the soaring profit in April-June was boosted by lower procurement costs for its e-commerce business and by holding fewer handsets in storage compared with the amount sold. The telco is an exclusive seller of the Apple iPhone in Japan, which proved to be a contributing factor to the cellco’s increased revenue from wireless internet and data-based applications.
On 08.02.09, In Mobile, By Editor
www.WirelessFederation.com/news: T-Hrvatski Telekom (T-HT) has posted a drop of 2.9% year-on-year to HRK1.1 billion (USD210 million), in net income. The Deutsche Telekom subsidiary, which includes mobile unit T-Mobile Croatia, blamed the drop in profitability on restructuring costs, where as it said the slight increase in turnover was driven by growth in its customer bases for fixed broadband internet access, mobile telephony and mobile data services.