euNetworks reported financial results for the second quarter of 2016, with increases in key metrics. New sales reached €937k, up 18% year-over-year. Service installations were high at €904k. Recurring revenue grew 10% to €32.2m while gross profit increased 12% to €25.2m. Adjusted EBITDA improved 31% to €10.7m. However, capital expenditures increased to €16.1m to support network expansion projects. While most metrics improved, monthly incremental service revenue declined 33% from the previous quarter. Overall, euNetworks continued momentum from the first quarter and delivered solid financial growth.
NAGRA - Pay-TV Innovation Forum 2017 - Key Trends and Findings for North Amer...Christine Oury
Additional visuals and statistics on the North American research of the Pay-TV Innovation Forum, a program that explores the next generation business and technology developments of pay-TV operators around the world to uncover and understand what will drive the next phase of growth in the industry. For more information on the program and findings from the first year of research, please visit https://dtv.nagra.com/paytvif.
NAGRA - Pay-TV Innovation Forum 2017 - Exploring the Next Generation of Growt...NAGRA
Additional visuals and statistics on the European research of the Pay-TV Innovation Forum, a program that explores the next generation business and technology developments of pay-TV operators around the world to uncover and understand what will drive the next phase of growth in the industry. For more information on the program and findings from the first year of research, please visit https://dtv.nagra.com/paytvif.
2017 Pay-TV Innovation Forum – Early Findings and Service Provider Portfolio ...Christine Oury
Which pay-TV service providers offer the most advanced product portfolios? What proportion offer stand-alone OTT services and adjacencies - such as IoT or B2B services? What are their innovation priorities? Get a sneak peek at the early findings from the 2017 edition of the Pay-TV Innovation Forum in this latest SlideShare!
How does Pay-TV continue to grow and stay profitable through to 2020? Get the highlights from the Pay-TV Innovation Forum's Global Findings to find out who are today's innovation leaders and what opportunities lie ahead.
NAGRA - Pay-TV Innovation Forum 2017 - Key Trends and Findings for North Amer...Christine Oury
Additional visuals and statistics on the North American research of the Pay-TV Innovation Forum, a program that explores the next generation business and technology developments of pay-TV operators around the world to uncover and understand what will drive the next phase of growth in the industry. For more information on the program and findings from the first year of research, please visit https://dtv.nagra.com/paytvif.
NAGRA - Pay-TV Innovation Forum 2017 - Exploring the Next Generation of Growt...NAGRA
Additional visuals and statistics on the European research of the Pay-TV Innovation Forum, a program that explores the next generation business and technology developments of pay-TV operators around the world to uncover and understand what will drive the next phase of growth in the industry. For more information on the program and findings from the first year of research, please visit https://dtv.nagra.com/paytvif.
2017 Pay-TV Innovation Forum – Early Findings and Service Provider Portfolio ...Christine Oury
Which pay-TV service providers offer the most advanced product portfolios? What proportion offer stand-alone OTT services and adjacencies - such as IoT or B2B services? What are their innovation priorities? Get a sneak peek at the early findings from the 2017 edition of the Pay-TV Innovation Forum in this latest SlideShare!
How does Pay-TV continue to grow and stay profitable through to 2020? Get the highlights from the Pay-TV Innovation Forum's Global Findings to find out who are today's innovation leaders and what opportunities lie ahead.
As part of the 10 year strategic review of Digital Communications in the UK Analysis Mason provide a clear and concise of the coverage, connections and competition within the UK Broadband market. There is something for everyone in this report!
CEVA reported record revenues of $16.2 million for Q3 2015. Non-GAAP Earnings Per Share was 22 cents, driven by robust licensing and a record 27 million CEVA-powered LTE shipments.
Mike Lay, Group Product Manager - Broadband, Telstra Wholesale and Doug McClure, General Manager – nbn Operations, Telstra Wholesale present an overview of the nbn opportunity over the next 12-24 months.
The next 12 to 24 months is an important period for the nbn™ network. It has now truly hit scale. Nearly three million premises are ready to access nbn services, with over one million now connected. The rollout will speed up, adding another 2.5 million homes ready for service by the end of 2018.
Read the complete article here: https://telstrawholesaleblog.com.au/transitioning-to-growth-on-the-nbn
Luar do Pontal - Apartamentos de 2 e 3 quartos no RecreioMais Imóvel Vendas
Conheça o lançamento da Even, Luar do Pontal! São apartamentos de 2 e 3 quartos em um dois bairros que mais se valoriza no Rio, o Recreio dos Bandeirantes.
Contato: www.maisimovelvendas.com.br ou (21) 3535-5020
As part of the 10 year strategic review of Digital Communications in the UK Analysis Mason provide a clear and concise of the coverage, connections and competition within the UK Broadband market. There is something for everyone in this report!
CEVA reported record revenues of $16.2 million for Q3 2015. Non-GAAP Earnings Per Share was 22 cents, driven by robust licensing and a record 27 million CEVA-powered LTE shipments.
Mike Lay, Group Product Manager - Broadband, Telstra Wholesale and Doug McClure, General Manager – nbn Operations, Telstra Wholesale present an overview of the nbn opportunity over the next 12-24 months.
The next 12 to 24 months is an important period for the nbn™ network. It has now truly hit scale. Nearly three million premises are ready to access nbn services, with over one million now connected. The rollout will speed up, adding another 2.5 million homes ready for service by the end of 2018.
Read the complete article here: https://telstrawholesaleblog.com.au/transitioning-to-growth-on-the-nbn
Luar do Pontal - Apartamentos de 2 e 3 quartos no RecreioMais Imóvel Vendas
Conheça o lançamento da Even, Luar do Pontal! São apartamentos de 2 e 3 quartos em um dois bairros que mais se valoriza no Rio, o Recreio dos Bandeirantes.
Contato: www.maisimovelvendas.com.br ou (21) 3535-5020
Con esta sesión se cierra una etapa muy aleccionadora. Profesionalmente me queda la satisfacción de contribuir a fortalecer la experiencia de los CTEs. Agradezco el seguimiento que han hecho a estos materiales muchas personas. Gracias por respetar créditos y características del la presentación.
Telecom strategy review 2015: Europe (part 2)tmtventure
Orange SA, Telenor Group, Vimpelcom, Vodafone, Deustche Telecom, Telefonica and other leading European telecommunication companies.
2nd part of global telecoms strategy review. Total companies to be reviewed is about 16-18. We looked through their reports, interviews and made our own view on their strategy.
Feel free to contact us with your commentary or if you've found any mistakes.
Financial Results for the Fiscal Year Ended March 2015KDDI
The figures included in the following brief, including the business performance target and the target for the number of subscribers are all projected data based on the information currently available to the KDDI Group, and are subject to variable factors such as economic conditions, a competitive environment and the future prospects for newly introduced services.
Accordingly, please be advised that the actual results of business performance or of the number of subscribers may differ substantially from the projections described here.
Janette Stewart, Analysys Mason - Presentation from Analysys Mason (Qualcomm study) for SPF 140217
Presented at the Cluster 1/4 UK Spectrum Policy Forum meeting
More information is available http://www.techuk.org/about/uk-spectrum-policy-forum
This document brings together a set of latest data points and publicly available information relevant for Utilities. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
1.
euNetworks Reports Second Quarter 2016 Results
For the quarter ended 30 June 2016:
• Solid sales and high installations supported a good monthly incremental service revenue performance
• Strong growth in recurring revenue, gross profit and Adjusted EBITDA
London, UNITED KINGDOM – 28 July 2016 – euNetworks Group Limited, a provider
of bandwidth infrastructure services in Europe, announced results for the three months
ended 30 June 2016. New sales reached €937k in Q2 2016, up 18% from Q2 2015 and
down 3% from Q1 2016. Service installations were high at €904k in the quarter,
increasing from Q2 2015 and Q1 2016. Disconnections increased from Q2 2015 and Q1
2016, with average churn at 1.1% following low churn of 0.7% in Q1 2016. 49% of
these disconnections were due to service replacements, largely driven by a move in
trading venue for euTrade services. Total monthly incremental service revenue (MISR)
was €254k in Q2 2016, up from €240k in Q2 2015 and down from €381k in Q1 2016.
(€k) Q2
2016
Q2
2015
%
change
Q1
2016
%
change
New Sales 937 796 18 970 (3)
Installations 904 774 17 706 28
Monthly Incremental Service
Revenue
254 240 6 381 (33)
(€m) Q2
2016
Q2
2015
%
change
Q1
2016
%
change
Total Revenue
Recurring Revenue
32.2
32.2
29.2
29.2
10
10
30.6
30.6
5
5
Gross Profit 25.2 22.5 12 23.9 6
Gross Profit Margin % 78.4% 77.2% 1.2 78.0% 0.4
Adjusted EBITDA(1)
10.7 8.2 31 9.8 9
Capital Expenditure 16.1 9.8 n/a 11.5 n/a
Proxy Cash Flow(2)
(5.6) (1.6) n/a (1.7) n/a
1. Adjusted EBITDA means EBITDA before the deduction of share option expense.
2. Proxy cash flow is calculated as Adjusted EBITDA less capital expenditure.
Recurring revenue was €32.2m in Q2 2016, growing 10% from Q2 2015 and 5% from
Q1 2016. Gross profit was €25.2m, up 12% from Q2 2015 and 6% from Q1 2016. Gross
margin improved to 78.4% in Q2 2016, from 77.2% in Q2 2015 and from 78.0% in Q1
2016.
Adjusted EBITDA was €10.7m in Q2 2016, improving by 31% from Q2 2015 and by 9%
from Q1 2016.
Capital expenditure supporting revenue growth was €16.1m in the quarter as
euNetworks continues to invest for growth. This contributed to proxy cash flow of
€(5.6)m in Q2 2016.
“After a strong start to the year, we continued this momentum through Q2 2016,” said
Brady Rafuse, Chief Executive Officer of euNetworks. “Operating performance remained
strong and the significant customer driven network development projects were
successfully completed. Sales growth continued to be good after the record performance
in Q1. Service installations were high, with some of this growth driven by a move in an
euTrade service trading venue. Disconnections were also higher than prior quarters, with
the euTrade service replacements driving this churn. Despite these movements, we
delivered good overall growth.”
“For the quarter, our financial performance remained solid, with 10% growth in recurring
revenue. Gross profit increased by 12% and Adjusted EBITDA by 31% from Q2 2015,”
said Rafuse.
2.
Page | 2
“Our capital expenditure was higher in Q2 2016 than previous quarters. This was due to
the completion of the network development expansion projects to Marseille and
Stockholm and further network investment projects now underway. These projects are
all closely aligned with our customers’ growing bandwidth demands in 2016 and our
strategy of investing in the network for our organic growth. Spend on success based
customer projects was also higher in the quarter, in line with project delivery timescales
in support of our customers. We will announce further network investment projects in
due course and remain confident about the opportunities these bring us for further
growth.”
Further review and discussion of the performance of the Group for Q2 2016 can
be found in the accompanying results supplement available here
About euNetworks
euNetworks is a bandwidth infrastructure provider, owning and operating 13 fibre based
metropolitan networks across Europe connected with a high capacity intercity backbone
covering 45 cities in 10 countries. The company leads the market in data centre
connectivity, directly connecting over 280 in Europe today. euNetworks is also a leading
cloud connectivity provider, connecting 15 cloud platforms. The company offers a
portfolio of metropolitan and long haul services including Dark Fibre, Metro Wavelengths,
Wavelengths, Ethernet, and Internet. Media, finance, content, enterprise and carrier
customers benefit from euNetworks’ unique inventory of fibre and duct based assets that
are tailored to fulfil their high bandwidth needs.
euNetworks Group Limited is headquartered in London. For further information please
visit www.eunetworks.com.
euNetworks Investor and Press Contact:
Hannah Fox | Senior Director Marketing | euNetworks
15 Worship Street | London EC2A 2DT
hannah.fox@eunetworks.com email | hannah_britt skype
+44 20 7952 1338 office | +44 7717 896 446 mobile