About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 29, 2016

DOCOMO Maintains New Momentum

NTT DOCOMO reported a 3% year-on-year increase in operating revenues for the quarter ending June 30th to 1.11 trillion Japanese yen (10.8 billion US dollars).  In the year ending March 31, revenues were up 3.3%. The leading Japanese operator said that revenues in its Smart Life business, which includes digital content and commerce services, rose 6% in the quarter ending June 30 to 125 billion yen (1.22 billion dollars). source: DOCOMO presentation

Amazon Sees Slight Slowdown Ahead

Amazon reported a 31% year-on-year increase in net sales to 30.4 billion US dollars in the second quarter. On an constant currency basis, sales were up 30%. In North America, sales were up 28%, while international sales rose 30% and Amazon Web Sales' revenues leapt 58%.

Amazon forecast that net sales will grow between 22% and 32% in the current quarter to between 31 billion and 33.5 billion dollars. source: Amazon statement

Google Sustains Serious Growth

Alphabet, the company formerly known as Google, reported a 25% year-on-year increase in revenues in the second quarter to 21.5 billion US dollars on a constant currency basis. That compares with 23% growth in the previous quarter. Alphabet said that aggregate paid clicks on the adverts it brokers were up 29%, but the average price per click fell 7%. source: Alphabet statement

Thursday, July 28, 2016

AT&T's Core Revenues Under Pressure

AT&T reported a 6% year-on-year decline in revenues in its consumer mobility division for the second quarter, while is business solutions revenues also fell. But entertainment and international revenues rose rapidly on the back of acquisitions. Although AT&T said it continues to see rapid mobile data traffic growth, it is cutting its capital intensity. source: AT&T statements

Mexico Pulls Down América Móvil

América Móvil, one of Latin America's leading telcos, reported that second quarter revenues fell 2.1% year-on-year at constant exchange rates to 233 billion Mexican pesos (12.3 billion US dollars).  The telco said: "Substantially all our operations maintained their growth trends in local currency terms. In Mexico, however, we saw a step down in revenues brought about mostly by more aggressive commercial plans in the pre-paid segment as a greater part of our subscribers moved towards unlimited call plans." source: América Móvil statement

Facebook's Growth Accelerates

Facebook reported a 59% year-on-year rise in revenue in the second quarter to 6.44 billion US dollars, fuelled by a 63% leap in advertising revenues. Revenue growth in the first quarter was 52%. In June 2016, daily active users were up 17% year-on-year to 1.13 billion.

Facebook said that its Messenger service, which it is now seeking to monetise, hosts one billion "organic interactions" between businesses and consumers each month.  It also claimed that people are conducting two billion searches a day across the 2.5 trillion posts in its network. The social network also noted that more than four million 360 degree photos have been shared on Facebook since the launch of this service in the second quarter. It added that one million more are now being shared every week. source: Facebook presentation and transcript

Wednesday, July 27, 2016

Apple's Top Line Sinks Again

Apple reported a 15% year-on-year decline in revenue for the quarter ending June 25th to 42.4 billion US dollars. It said that iPhone revenues were down 23% to 24 billion dollars, but services revenues climbed 19% to almost 6 billion dollars.

Apple forecast revenues of between 45.5 billion and 47.5 billion dollars for the current quarter, which would represent a decline of between 8% and 11% from the 51.5 billion dollars it reported for the equivalent quarter last year. Source: Apple statement

Digital TV Helps Drive Bharti Onwards and Upwards

Bharti Airtel reported a 8.4% year-on-year increase in revenues "on an underlying basis" to 255 billion Indian rupees (3.8 billion US dollars) for the quarter ending June 30th. In the previous quarter, growth was 10.1%.

The multinational operator said that revenues in India rose 10.3%, while growth in Africa was 3.8% on an underlying basis. In India, Bharti's mobile revenues rose 9.1%, while "homes" (DSL) revenue was up 11%, digital TV up 22% and Airtel Business 10.4%. source: Bharti statement

Tuesday, July 26, 2016

Verizon Continues in Reverse

Verizon Communications reported a 3.5% year-on-year decline in operating revenues in the second quarter 2016 to 30.5 billion dollars on a like-for-like basis. That was a sharper fall than in the first quarter when revenues fell 1.5%. Verizon said its total wireless revenues fell 4% to 21.7 billion dollars, as "more customers continued to choose unsubsidised device payment plans."  However, Verizon said new revenue streams from Internet of Things continue to grow, with revenues of approximately 205 million dollars in the quarter, a year-on-year increase of about 25%. Source: Verizon presentation

Wednesday, July 20, 2016

Telenor Lowers Sales Targets

Telenor, which has operations in Europe and Asia, lowered its sales growth target for 2016 to between 1% and 2% on an organic basis, from its previous target of 2% to 4%. It also said its capex/sales ratio would be about 17%, at the low end of its original forecast of 17%-19%.

For the second quarter, Telenor reported organic sales growth of 0.6% to 32.5 billion Norwegian krone (3.82 billion US dollars). source: Telenor presentation 

Tuesday, July 19, 2016

Ericsson Suffers Further Slowdown

Ericsson reported a 7% year-on-year decline in sales in the second quarter on a like-for-like basis to 54.1 billion Swedish kroner (6.3 billion US dollars). Sales fell 1% in the first quarter on the same basis.

The Stockholm-based company said that "mobile broadband sales continued to decline, particularly in markets impacted by a weak macro-economic environment such as Brazil, Russia and the Middle East." source: Ericsson statement