EE Q2 results up four per cent to £1.326 billion while BT struggles
EE is on target to make an efficiency saving of £250 million EE reported its fiscal Q2 results rose four per cent year-on-year to £1.326 billion, its also on target to make an efficiency saving of £250...
View ArticleVodafone doubles profit forecast for the year after strong H1
Full year earnings predictions have also grown €200 million (£178bn) despite a fall in total revenue Vodafone has announced it expects to grow twice as fast as originally thought following a strong...
View ArticleAutumn Budget: Chancellor commits half a billion pounds into 5G, AI and fibre...
Around £160m of this figure will be committed to the development of 5G Chancellor of the exchequer Philip Hammond has announced today (Nov 22) in the Autumn Budget a further £500 million will be...
View Article1.1 million UK homes and businesses can’t connect to ‘decent broadband’
The average UK home consumes 190GB of data per month Around 1.1 million UK homes and businesses are unable to connect to a good broadband connection, according to an Ofcom report. The report was posted...
View ArticleBT revenue drops 3pc due to higher business rates and pension charges
Profit before tax rose 25 per cent to £660m while adjusted EBITDA fell two per cent to £1.83bn BT announced today (Feb 2) revenue dropped three per cent to £5.97 billion in Q3 due to higher business...
View ArticleEE Q3 revenue up four percent to £1.357bn
Operating profit down to £62 million, down 16 per cent year-on-year EE reported a four percent rise in revenue to £1.357 billion for its 2017 Q3 results as rising handset costs and the launch of three...
View ArticleHuawei 2017 revenue surges 15.7pc to £68.1bn
The company also reported net profits of £7.3bn despite plans to range in US operators collapsing Huawei reported a 15.7 per cent surge in revenue rising to 603.6 billion CNY (£68.1 billion) for its...
View ArticleGamma 2017 revenue grew 11pc to £213.5 million
Gross profit is up 14 per cent from £98.8m to £113m, while EBITDA rose 27pc to £39.6m Gamma saw strong financial growth for its 2017 fiscal year with revenue up 12 per cent to £238.4 million from...
View ArticleDixons Carphone reports £118m profit drop for 2017
The retail giant admitted there’s “plenty of work to do” Dixons Carphone saw pre-tax profits for 2017/18, falling 24pc to £382m from £500m year-on-year. The financial year ended April 28 for the group....
View ArticlePoor S9 performance sees Samsung revenue slump
South Korea firm took KRW 4.45 trillion (£3.02Bn) less in the mobile sector in the second quarter compared to Q1 Samsung have reported a decline in quarter on quarter in shipments of its flagship...
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