Deutsche Telekom Posts 20.4% Y/Y Fall in Q3 Net Profit on Customer Exodus
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German incumbent Deutsche Telekom posted a 20.4% year-on-year (y/y) fall in its third-quarter net profit to 1.94 billion euro, from 2.44 billion euro in the same period last year, on a 2.8% y/y increase in revenues to 15.48 billion euro, from 15.06 billion euro respectively. Adjusted EBITDA (earnings before interest, taxes, depreciation ...
Verizon Launches FiOS and MPLS-Capable VPN WAN for Businesses
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In conjunction with the announcement that Verizon is to launch a new VPN WAN product aimed at business customers, it has been reported that Verizon is to utilise the fibre network currently being deployed mainly for consumer oriented services-FiOS internet and FiOS TV-for the roll-out of new business oriented offerings. The VPN WAN ...
BT Says Q2 Profit Rose 28 Percent on Global Services
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LONDON -- British telecommunications company BT Group PLC said Wednesday that fiscal second-quarter profit rose 28 percent as results from the company's global services technology consulting and management unit pushed up earnings. Net income came to 475 million pounds (US$904.7 million; E708.6 million) from 371 million ...
Case Study: Telenet's Broadband Service Offering
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Belgium's largest cable and Internet provider enticed subscribers to pay above and beyond their flat-rate charges but at the same time boosted customer satisfaction through personalized, self-managed plans. Telenet-Belgium's largest provider of Internet service and CATV-has a portfolio that includes broadband Internet access, ...
Analysis: Telecom Bill Unlikely Under New Congress
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At least one analyst firm believes the Democratic turn in Congress could bring more scrutiny to telecommunications issues, particularly merger activity and possibly spectrum, but it won't bring a major shift in telecommunications policy in general."We believe Democratic victories in the mid-term elections point to more ...
C&W: 'The Plan Is Working'
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Cable Wireless (C&W), releasing financial results for the first half of its fiscal year this morning, says its turnaround plan is working and, indeed, is ahead of schedule. The company took a 65-percent hit to net profits in order to pay for some of the massive layoffs involved in its plan, but it nonetheless handily beat ...
Cisco Soars in Q1
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Cisco Systems Inc. appears to be firing on all cylinders, as the company beat analyst estimates with its first-quarter earnings and claimed solid growth on all fronts. Pro forma earnings per share hit 31 cents, compared with analyst estimates of 29 cents as tallied by Reuters Research . Moreover, for its second quarter, which ...
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