Telekom Austria revenues drop 1.9%, net profit down 16.5%

Telekom Austria revenues drop 1.9%, net profit down 16.5%
(Telecompaper) Telekom Austria saw its group revenues drop by 1.9 percent year-on-year to EUR 1.169 billion, slowing down from around a decrease of around 6 percent in the first quarter of this year. The slowdown of the rate of decline compared to previous quarters was driven by higher fixed network revenues of EUR 485.5 million (up 0.4%) and a slower mobile revenue decline of 2.8 percent to EUR 778.4 million compared with a 7 percent drop in the first quarter. The group EBITDA decreased by 10.3 percent to EUR 403.8 million including an one-off expense for the fixed network division of EUR 14 million. Without the expense, the EBITDA dropped by 7.2 percent to EUR 417.8 million and the net profit dropped by 16.5 percent to EUR 68.7 million with an improved financial result and lower income tax expenses mitigating the impact of operating results on net profit. Telekom Austria’s group Capex increased 7.2 percent to EUR 160.1 million, due to higher investments in the next generation network in the Fixed Net segment. The group’s mobile communication subscriber base grew by 5.9 percent to 19.2 million on 30 June of this year.[Lees verder]

Nokia unveils Touch and Type design with Nokia X3
(Telecompaper) Nokia unveiled the Nokia X3, its first device featuring its new ‘Touch and Type’ design. The device features a touch screen and traditional 12 button phone keypad and is expected to be on sale in Q3 for approximately EUR 125, excluding taxes and subsidies. Measuring 9.6mm thick, the Nokia X3 comes with a brushed aluminum back cover which will come in five vibrant colors. Other features include 3G, WLAN, a music player, FM radio and 5 megapixel camera with 4X digital zoom. It also features dedicated music and messaging keys allowing fast access to Nokia’s Ovi services, including social and entertainment applications. In addition to Ovi Mail, consumer e-mail and chat accounts can be pushed direct to the phone via Nokia Messaging. In certain markets, the new phone will also be available with Ovi Music Unlimited, enabling the owner to access music that can be stored on the available 16GB memory card. The Nokia X3 Touch and Type sits alongside the Nokia X3-00, a slider with strong music functionality, which was launched in September 2009. Music lovers can boost the Nokia X3’s inbuilt speaker with the new MD-11, a light pocket-size speaker with great audio quality. The Nokia Mini Speaker MD-11 is estimated to retail for EUR 25.[Lees verder]

Televisa-Nextel consortium wins Mexican mobile tender
(Telecompaper) The consortium comprising media group Televisa and Nextel Mexico, a unit of NII Holdings, has won Mexico’s second mobile spectrum auction. Mexican telecoms regulator Cofetel declared the consortium the winner of a nationwide licence that aims to increase competition on the local market. According to Cofetel, the consortium offered the minimum bid price of MXN 180.3 million (approximately USD 14.2 million) for 30 MHz spectrum in the 1710MHz to 2170MHz frequency band in each of the country’s nine mobile operating regions. The amount must be paid to the government within 45 days. Additionally, the tender winner will have to pay MXN 18.13 billion in annual instalments over the 20-year life of the licence. Market leader Telcel, a unit of America Movil, won 21 blocks of 10 MHz in all operating regions with a bid of MXN 3.79 billion, plus MXN 12.70 billion in other fees during the life of the licences. Telefonica’s local unit also won six 10 MHz blocks in six regions with a MXN 1.27 billion offer, plus the agreement to pay MXN 5.43 billion in other fees. Nextel said it plans to start selling service on the new network in parts of Mexico as soon as 12 months after it gets the airwaves.[Lees verder]

Daum sells Lycos US to Ybrandt Digital Marketing
(Telecompaper) Korean internet portal Daum has sold US search engine Lycos to Ybrandt Digital Marketing for USD 36 million, the Korea Times reports. Daum bought the US-based activities of Lycos from Telefonica’s Terra Networks in 2004 for USD 94 million. The divestment completes the sale of its overseas activities. Lycos claims an average monthly audience of 16 million visitors in the US and also operates online games, web publishing and paging services.[Lees verder]

Telekom Austria revenues drop 1.9%, net profit down 16.5%
(Telecompaper) Telekom Austria saw its group revenues drop by 1.9 percent year-on-year to EUR 1.169 billion, slowing down from around a decrease of around 6 percent in the first quarter of this year. The slowdown of the rate of decline compared to previous quarters was driven by higher fixed network revenues of EUR 485.5 million (up 0.4%) and a slower mobile revenue decline of 2.8 percent to EUR 778.4 million compared with a 7 percent drop in the first quarter. The group EBITDA decreased by 10.3 percent to EUR 403.8 million including an one-off expense for the fixed network division of EUR 14 million. Without the expense, the EBITDA dropped by 7.2 percent to EUR 417.8 million and the net profit dropped by 16.5 percent to EUR 68.7 million with an improved financial result and lower income tax expenses mitigating the impact of operating results on net profit. Telekom Austria’s group Capex increased 7.2 percent to EUR 160.1 million, due to higher investments in the next generation network in the Fixed Net segment. The group’s mobile communication subscriber base grew by 5.9 percent to 19.2 million on 30 June of this year.[Lees verder]

Nokia unveils Touch and Type design with Nokia X3
(Telecompaper) Nokia unveiled the Nokia X3, its first device featuring its new ‘Touch and Type’ design. The device features a touch screen and traditional 12 button phone keypad and is expected to be on sale in Q3 for approximately EUR 125, excluding taxes and subsidies. Measuring 9.6mm thick, the Nokia X3 comes with a brushed aluminum back cover which will come in five vibrant colors. Other features include 3G, WLAN, a music player, FM radio and 5 megapixel camera with 4X digital zoom. It also features dedicated music and messaging keys allowing fast access to Nokia’s Ovi services, including social and entertainment applications. In addition to Ovi Mail, consumer e-mail and chat accounts can be pushed direct to the phone via Nokia Messaging. In certain markets, the new phone will also be available with Ovi Music Unlimited, enabling the owner to access music that can be stored on the available 16GB memory card. The Nokia X3 Touch and Type sits alongside the Nokia X3-00, a slider with strong music functionality, which was launched in September 2009. Music lovers can boost the Nokia X3’s inbuilt speaker with the new MD-11, a light pocket-size speaker with great audio quality. The Nokia Mini Speaker MD-11 is estimated to retail for EUR 25.[Lees verder]

Televisa-Nextel consortium wins Mexican mobile tender
(Telecompaper) The consortium comprising media group Televisa and Nextel Mexico, a unit of NII Holdings, has won Mexico’s second mobile spectrum auction. Mexican telecoms regulator Cofetel declared the consortium the winner of a nationwide licence that aims to increase competition on the local market. According to Cofetel, the consortium offered the minimum bid price of MXN 180.3 million (approximately USD 14.2 million) for 30 MHz spectrum in the 1710MHz to 2170MHz frequency band in each of the country’s nine mobile operating regions. The amount must be paid to the government within 45 days. Additionally, the tender winner will have to pay MXN 18.13 billion in annual instalments over the 20-year life of the licence. Market leader Telcel, a unit of America Movil, won 21 blocks of 10 MHz in all operating regions with a bid of MXN 3.79 billion, plus MXN 12.70 billion in other fees during the life of the licences. Telefonica’s local unit also won six 10 MHz blocks in six regions with a MXN 1.27 billion offer, plus the agreement to pay MXN 5.43 billion in other fees. Nextel said it plans to start selling service on the new network in parts of Mexico as soon as 12 months after it gets the airwaves.[Lees verder]

Daum sells Lycos US to Ybrandt Digital Marketing
(Telecompaper) Korean internet portal Daum has sold US search engine Lycos to Ybrandt Digital Marketing for USD 36 million, the Korea Times reports. Daum bought the US-based activities of Lycos from Telefonica’s Terra Networks in 2004 for USD 94 million. The divestment completes the sale of its overseas activities. Lycos claims an average monthly audience of 16 million visitors in the US and also operates online games, web publishing and paging services.[Lees verder]