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Posts Tagged ‘EBITDA’

  • South Africa: Telkom confirms R12 billion non-cash impairment of legacy network

    June 11, 2013 • Mobile and TelecomsComments Off on South Africa: Telkom confirms R12 billion non-cash impairment of legacy network

    Telkom SA today announced that, following a review by its board, it has taken a decision to impair the carrying value of its assets by R12 billion. After the impairment, the net asset value (“NAV”) per share is circa R34.   “We are committed to...

  • SA’s Neotel on a roll with LTE

    May 30, 2013 • Mobile and TelecomsComments Off on SA’s Neotel on a roll with LTE

    Neotel, South Africa’s first converged communications network operator, this week reported revenue growth of 12% while achieving the major milestone of being full-year EBIT positive for the first time since the company launched six years ago. Neotel’s...

  • Neotel shows 10% revenue growth

    November 7, 2012 • Mobile and TelecomsComments Off on Neotel shows 10% revenue growth

    Neotel has announced strong financial performance for the half year ended September 2012 with EBITDA consistently positive since Q2FY12 to Q2FY13. Sunil Joshi, MD & CEO of Neotel said, “Neotel continues to make significant progress in growing our...

  • Datatec grows revenues despite turbulent economy

    October 12, 2011 • Mobile and TelecomsComments Off on Datatec grows revenues despite turbulent economy

    Datatec Limited, the JSE (Johannesburg Stock Exchange) listed international Information and Communications Technology (ICT) group today published its unaudited interim results for the six months ended 31 August 2011. ”These are very good results given the...

  • Altron: Decrease – Revenue 2%, EBITDA 6%

    October 4, 2011 • Mobile and Telecoms, Top StoriesComments Off on Altron: Decrease – Revenue 2%, EBITDA 6%

    JSE listed Allied Electronics Corporation Limited (Altron) today announced its interim results for the six months ended August 2011.  Revenue decreased marginally by 2% to R11.5 billion and earnings before interest, tax, depreciation and amortisation...

  • Metrofile reports accelerated revenue growth

    August 31, 2011 • Top StoriesComments Off on Metrofile reports accelerated revenue growth

    Metrofile, the JSE listed information and records storage management business, which released its full-year results for the period ending 30 June 2011, has announced positive growth in earnings and revenue, alongside a maiden final dividend of 2.5 cents per...

  • Political instability shakes MTN Middle East business

    August 18, 2011 • Mobile and Telecoms, Top StoriesComments Off on Political instability shakes MTN Middle East business

    MTN Group is facing a challenging business environment in the middle east due to the political instability in Yemen and Syria. In Syria, MTN airtime and subscription revenue as well as interconnect revenue showed negative growth as a result of lower...

  • Orascom Telecom reports second quarter loss

    August 13, 2011 • Mobile and TelecomsComments Off on Orascom Telecom reports second quarter loss

    Egypt’s Orascom Telecom, the parent company of the second largest mobile operator Mobinil, reported a net loss of $58.5 million for the second quarter, despite an upsurge in the short-term revenues. Orascom Telecom was purchased by Russia’s Vimpelcom in...

  • Telecoms markets in North Africa set to shrink

    August 5, 2010 • Mobile and Telecoms, Top StoriesComments Off on Telecoms markets in North Africa set to shrink

    Telecommunication markets in North Africa present diverse opportunities and challenges. These markets have been growing at a CAGR of 20% during 2007-2009 and are expected to continue growing at a CAGR of around 7% over the next five years. The blend of strong...