www.WirelessFederation.com/news: Banglalink, the Bangladeshi mobile operator, owned by Orascom Telecom, has posted a rise in revenues of 29% year-on-year in H1′09 to DT11.83 billion (USD175 million), as its subscriber base grew by 17% to 11.04 million at the end of June, up from 9.45 million at mid-2008. The operator’s market share also increased to 23.7% at mid-2009. The Bangladeshi operator’s ARPU also hiked by 18% to BDT182 by the end of June, compared to BDT154 a year earlier.
On 08.29.09, In Mobile, By Editor
On 08.29.09, In Mobile, By Editor
www.WirelessFederation.com/news: China Unicom (Hong Kong) Limited announced its 2009 interim results today. In the first half of 2009, the Chinese macroeconomy continued to encounter various challenges brought by the international financial crisis. With the restructuring of telecommunications industry and the issuance of the 3G license, industry competition environment has become increasingly complicated. In the first half of the year, the Company actively pushed forward its internal integration, leveraged on the advantage of full-service resources and stepped up efforts in business expansion. The Company has achieved new progress in various aspects.
In the first half of the year, the Company recorded operating revenue of RMB76.32 billion. Service revenue amounted to RMB74.51 billion, representing a decline of 4.3% over the same period of last year and a decline of 3.3% over the same period of last year when compared on the same basis (Note 1). Service revenue of the GSM business reached RMB34.19 billion, representing an increase of 5.7% over the same period of last year. Service revenue of the fixed-line business reached RMB40.19 billion, representing a decline of 11.3% over the same period of last year and a decline of 9.7% over the same period of last year when compared on the same basis (Note 1). Of the revenue from the fixed-line business, revenue from the fixed-line broadband service was RMB11.73 billion, representing an increase of 10.3% over the same period of last year.
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On 08.28.09, In Mobile, By Editor
www.WirelessFederation.com/news: MTN, the South African mobile operator, has reportedly announced a hike of 30.6% year-on-year in its H1′09 net profits to ZAR9.09 billion (USD1.16 billion). Revenues for the six months ended 30 June totalled ZAR57.27 billion, up 24% from ZAR46.13 billion a year earlier. EBITDA for the operator was up 25% year-on-year, to reach ZAR24.5 billion at June 2009 – end. Operating expenses for the period grew to ZAR8.06 billion, up from ZAR5.89 billion a year earlier. The operator added 29.2 million new subscribers in last twelve months ending June with 103.2 million mobile subscribers.
On 08.28.09, In Mobile, By Editor
www.WirelessFederation.com/news: Chunghwa Telecom, the Taiwanese mobile operator, has reported an operating revenue of TWD48.06 million (USD1.46 billion) for the three months ended 30 June 2009, down 3.8% year-on-year. The net income for the quarter dipped from TWD12.52 billion in Q208 to TWD11.48 billion a year later. The company added 259,000 net new subscribers to end June with a mobile subscriber base of 9.04 million. The total of 3G subscriptions grew from 2.89 million at the end of June 2008 to 4.11 million a year later.
On 08.26.09, In Mobile, By Editor
www.WirelessFederation.com/news: Zain Zambia has reportedly posted a growth of 20% in H1′09 despite a drop in its market share from 75% to 71% during H1′08. According to unaudited interim results for H1, Zain Zambia stated that its revenue grew to K653,199 million compared with K543,611 million gained during H1′08.
On the other hand, Zain Zambia Plc’s gross profit rose to K550,838 million during H1′09 from K471,831 million H1′08. “Despite this, we have still been able to grow our revenues by 20 per cent and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) by 14 per cent compared to the same period in 2008,” said managing director David Holliday. “In order to improve operational efficiency, we re-structured our organization and streamlined internal processes. Recent network disruptions, now resolved, unfortunately marred what would have been an unbroken period of technological excellence and customer experience.”
The operator posted a subscriber base of 2.8 million at June’09-end, up 23% since last year.
On 08.22.09, In Mobile, By Editor
www.WirelessFederation.com/news: Telecom New Zealand has posted a drop of 32% year-on-year net income, for the year ended 30th June 2009. The net income is down from NZD713 million (USD481 million) in FY07/08 to NZD483million a year later. This drop is driven by a 20% increase in depreciation and amortisation expenses, up to NZD917 million at the end of June. Earnings before interest, taxes, depreciation and amortisation (EBITDA) plunged by 7% year-on-year, down to NZD1.77 billion. Revenues dropped by NZD86 million over the course of the year to NZD5.59 billion, while operating expenses grew marginally to NZD3.81 billion, up from NZD3.78 billion at the end of June 2008.
Its W-CDMA based ‘XT’network, which was launched on 29 May 2009, has gained 165,000 subscribers in its first two months of operation. Although, there was a decline of 26,000 net subscribers to Telecom’s overall mobile networks.
On 08.22.09, In Mobile, By Editor
www.WirelessFederation.com/news: Chief Executive of Telecom New Zealand, Paul Reynolds, said the company is continuing to maintain its medium-term operating-profit guidance. Reynolds reportedly said that the country’s dominant phone company by revenue expects to increase earnings before interest, taxes, depreciation and amortization 4% to 6% in fiscal years 2011 to 2013. Reynolds said the guidance was subject to “some sensitivities” around the broader economy, which is currently battling a prolonged recession.
On 08.20.09, In Mobile, By Editor
www.WirelessFederation.com/news: The Telecommunications Regulatory Authority (TRA) held today a press conference to announce its achievements and presented its 2008 Annual Report. The press conference was attended by members of the media, TRA’s Board of Directors and TRA’s management team.
In his opening speech TRA’s Chairman Dr. Mohammed Ahmed Al Amer said “TRA can be proud of what it has achieved for consumers, businesses and the economy of the Kingdom of Bahrain for the telecommunications sector.” He went on to presented an overview of TRA’s achievements since liberalisations. Dr Mohammed said “2008 has been
an empowering year to consumers. A year that has witnessed more choice of telecommunications services especially fixed wireless broadband using WiMax technology, better value for money and improved customer services. But we still have a long way to go to achieve sustainable competition in all markets especially the international connectivity that will have an impact on the prices and quality of broadband and international calling achieving the objectives of the Kingdom’s 2030 economic vision.”
2008 witnessed 6% growth in revenues of the Telecommunications Sector, 29% increase in mobile subscribers, Broadband subscribers increased by 50%, while fixed line customers increased by 8% and employment in the sector increased by 4%. (more…)
On 08.20.09, In Mobile, By Editor
www.WirelessFederation.com/news: BayanTel, the Filipino mobile operator has halved its new losses for H1′09 on an annual basis, driven by strong revenue growth. According to the chief executive consultant, Tunde Fafunwa consolidated net losses shrunk by 66% to PHP533.8 million (USD11.01 million), compared to PHP1.57 billion in the H1′08.
Turnover hiked 8% over the same period from PHP3.07 billion to PHP3.32 billion, while EBITDA jumped 38% from PHP987 million to PHP1.36 billion.
Fafunwa said he anticipates the trend to continue into H2′09 with ‘continuous moderate’ growth. The operator further ended June with 500,000 mobile subscribers.
On 08.17.09, In Mobile, By Editor
www.WirelessFederation.com/news: mCel, the Mozambique based mobile operator, has reported net profit of MZN548 million (USD20.76 million) for 2008, up 58% year-on-year from MZN348 million in 2007. mCel CEO Gomes Zita said: ‘With the exception of the 2004 financial year, when net profits of MZN660 million were posted due to currency exchange gains, 2008 was our most successful term in the last five years.’
The revenues for the telco grew from MZN5.83 billion in 2007 to MZN7.09 billion in 2008. The operator’s mobile subscriber base rose by 36% to 3.1 million compared to just over 2.3 million at the end of 2007. The company estimates that its market share at the end of 2008 stood at 69%, up 3% year-on-year.