Boosted by 14% growth at Italian broadband unit Fastweb, Swisscom said that group revenues rose 1% year-on-year on a like-for-like basis in the first quarter of 2009 to 2.92 billion Swiss francs (2.58 billion US dollars). Capital spending fell 16% to 351 million francs.
Swisscom maintained its forecast that, excluding Fastweb, revenue for 2009 will fall by up to 300 million Swiss francs to between 9.2 billion and 9.3 billion francs. It estimated that Fastweb's revenues will rise to 1.8 billion euros from 1.7 billion euros last year. source: Swisscom statement
Wednesday, May 6, 2009
Tuesday, May 5, 2009
Flat First Quarter for Telenor
With growth in Asia offsetting decline in eastern Europe, Telenor said that its revenues were flat on an organic basis at 24.78 billion Norwegian krone (3.91 billion US dollars) in the first quarter of 2009 compared with a year earlier. The Oslo-based company reduced capital spending by 35% year-on-year to 3.29 billion krone.
Telenor maintained its forecast that organic revenues, excluding its start-up operation in India, will be flat across 2009. It also estimated that capital expenditure will be between 15% and 17% of revenues, excluding licences and spectrum fees, in 2009 compared with almost 19% in 2008. source: Telenor statement
Telenor maintained its forecast that organic revenues, excluding its start-up operation in India, will be flat across 2009. It also estimated that capital expenditure will be between 15% and 17% of revenues, excluding licences and spectrum fees, in 2009 compared with almost 19% in 2008. source: Telenor statement
Subs Growth Slows at MTN
The MTN Group, with operations in 21 markets across Africa and the Middle East, said that its subscribers rose 8% during the first quarter to more than 98 million. In the same period of 2008, subscriber numbers rose 11% to more than 68 million.
MTN's group ARPU fell 6% during the first quarter of 2009, dragged down by the addition of lower-spending customers, seasonal factors, a slowdown in consumer spending and currency movements. source: MTN statement
MTN's group ARPU fell 6% during the first quarter of 2009, dragged down by the addition of lower-spending customers, seasonal factors, a slowdown in consumer spending and currency movements. source: MTN statement
Alcatel-Lucent Maintains Outlook
Hit by declining demand for its telecoms equipment in North America, Alcatel-Lucent reported a 11% year-on-year fall in first quarter revenue, at constant exchange rates, to 3.6 billion euros. However, revenues for its services segment rose 19% year-on-year at constant exchange rates to 797 million euros.
The Paris-based company continues to expect the global telecommunications equipment and related services market to be down between 8% and 12% at constant currencies in 2009. However, it still anticipates an adjusted operating profit around break-even in 2009. source: Alcatel-Lucent statement
The Paris-based company continues to expect the global telecommunications equipment and related services market to be down between 8% and 12% at constant currencies in 2009. However, it still anticipates an adjusted operating profit around break-even in 2009. source: Alcatel-Lucent statement
Sprint Sales Down 12%
Losing customers and market share, Sprint-Nextel reported a 12% year-on-year fall in consolidated net operating revenues to 8.2 billion US dollars for the first quarter of 2009.
Capital expenditure amounted to 291 million US dollars in the quarter, compared to 1.4 billion dollars in the first quarter of 2008, which included 236 million dollars in non-recurring spending related to the deployment of WiMAX prior to the closing of the Clearwire transaction.
Sprint said that the ARPU it earns from CDMA data services increased about 5% from the fourth quarter, to more than 18 dollars and data services now represent more than 31% of total CDMA ARPU.
Anticipating a further shift towards prepaid services in the U.S., Sprint Nextel forecast that it will lose less wireless customers in 2009 than in 2008 and that full-year capital expenditures in 2009 will be consistent with 2008 levels, excluding WiMAX. source: Sprint-Nextel statement
Capital expenditure amounted to 291 million US dollars in the quarter, compared to 1.4 billion dollars in the first quarter of 2008, which included 236 million dollars in non-recurring spending related to the deployment of WiMAX prior to the closing of the Clearwire transaction.
Sprint said that the ARPU it earns from CDMA data services increased about 5% from the fourth quarter, to more than 18 dollars and data services now represent more than 31% of total CDMA ARPU.
Anticipating a further shift towards prepaid services in the U.S., Sprint Nextel forecast that it will lose less wireless customers in 2009 than in 2008 and that full-year capital expenditures in 2009 will be consistent with 2008 levels, excluding WiMAX. source: Sprint-Nextel statement
Friday, May 1, 2009
Growing Comcast Cuts Capex
Benefiting from customer upgrades to digital and advanced video services, plus continued growth in high-speed Internet services, U.S. cable company Comcast said that its revenue increased 5% year-on-year in the first quarter of 2009 to 8.8 billion US dollars. Operating cash flow increased 8% to 3.4 billion dollars as Comcast cut back on capital spending by 19% to 1.2 billion dollars. source: Comcast statement
Telmex International Sees Strong Growth
Lifted by rising cable TV and Internet access revenues, Telmex International, which operates across Latin America, said first-quarter 2009 total consolidated revenues were 20.64 billion Mexican pesos (1.5 billion US dollars), 12% higher than in the same period of 2008. The Mexico-based company said revenue growth was 10% in Brazil, 37% in Colombia, 17% in Argentina, 37% in Chile, and 47% in Peru. source: Telmex International statement
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