Telenor Q3 held back by Norway; guidance trimmed

first_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 31 OCT 2013 Third quarter weakness in some of its Nordic mobile operations forced Telenor to trim its full-year guidance.Lacklustre mobile data growth in Norway was a particular disappointment. Domestic ARPU, year-on-year, dropped 4 per cent to NOK294 ($50).Reduced interconnect fees and lower roaming charges hardly helped, but mobile data growth was not strong enough to offset losses.“The revenue development in Norway is weaker than expected,” admitted Jon Fredrik Baksaas, Telenor’s chief executive.“In order to secure healthy return on our high network investments, we need to further optimise data centric offers to stimulate demand for mobile data and at the same time deliver the required revenue growth,” he continued.Accounting for around a quarter of group turnover, the performance of Norway’s mobile and fixed-line operations has an obvious impact on the group. Telenor trimmed its full-year organic revenue growth guidance from 2-4 per cent to 1-2 per cent.At a group level, Q3 revenue was up a modest 1 per cent, to NOK25.95 billion. Net income, however, was up a creditable 15 per cent, to NOK4.68 billion. And a record high EBITDA of NOK9.6 billion reinforces Telenor’s reputation for running a tight ship.In Norway, however, 3Q revenue fell slightly from last year’s NOK6.44 billion to NOK6.27 billion. Mobile revenue slipped from NOK3.48 billion to NOK3.37 billion.In Denmark, Baksaas flagged “continued challenging market conditions”. The executive said Telenor is now embarking upon “an ambitious transformation programme” in the country, which will run through 2014.Over in Sweden, however, Telenor seems to be doing a better job at mobile data. Although Q3 mobile ARPU decreased by 5 per cent in local currency, driven mainly by lower interconnect rates and increased handset-related discounts for new subscriptions, Telenor points out that if these factors were taken out of the equation then ARPU would have leapt 8 per cent through data-centric growth.In Asia, Telenor continues to make 3G progress in Thailand. Launching 3G services on 23 July, Telenor’s dtac subsidiary had migrated 3.7 million subscribers onto the new network as of 30 September.Adjusted for interconnect rate reductions, dtac Q3 revenue, in local currency, increased 9 per cent year-on-year through continued strong demand for mobile data.“The migration of customers is progressing according to plan and dtac aims to have a minimum of 10 million customers on the licenced network by the end of the year,” says Baksaas. “In the years to come, we expect significant cost savings and margin improvement from the transition to the licence regime.”Elsewhere in Asia, which includes operations in Bangladesh, India, Pakistan and Malaysia, Telenor’s boss sees plenty of scope for growth. Only around one in four of Telenor’s customers in Asia, he said, have access to the internet.Telenor’s Q3 subscription and traffic revenue increased by 9 per cent in Asia. “In Thailand and Malaysia, where the internet is already the main growth driver, we added 240,000 and 279,000 customers, respectively,” said Baksaas. Ken Wieland Telenor books loss on $780M Myanmar write-off Previous ArticleKT reveals huge data growthNext ArticleAlcatel-Lucent sees “positive signs” from restructuring, but debt climbs Ken has been part of the MWC Mobile World Daily editorial team for the last three years, and is now contributing regularly to Mobile World Live. He has been a telecoms journalist for over 15 years, which includes eight…More Read more Related Home Telenor Q3 held back by Norway; guidance trimmed Author Telenor advances multi-vendor SA 5G Telenor, Axiata plot Malaysian merger Tags FinancialTelenorlast_img read more


Staff laid off at SLM in Gweedore

first_img Loganair’s new Derry – Liverpool air service takes off from CODA Pinterest WhatsApp News, Sport and Obituaries on Monday May 24th Arranmore progress and potential flagged as population grows Facebook Nine til Noon Show – Listen back to Monday’s Programme WhatsApp 32 jobs are being lost at the SLM facility on the Gweedore Industrial Estate in West Donegal.There’s been no formal statement from the company, but local councillor Michael Colm Mac Giolla Easbuig, the Chair of the Glenties Municipal District says the workers were told at 2pm this afternoon that liquidators had been appointed to the digital marketting centre, whose owners are based in Manchester.It had been hoped that 125 jobs would be created at the plant, but accoprding to Udaras na Gaeltachta, there were 32 staff employed, 23 full time and 9 part time.Cllr Mac Giolla Easbuig was at the centre this afternoon after being called by workers. he says it came like a bolt from the blue…………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/12/michc5pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. DL Debate – 24/05/21 Homepage BannerNews Important message for people attending LUH’s INR clinic center_img Facebook Pinterest Twitter Google+ By News Highland – December 21, 2017 RELATED ARTICLESMORE FROM AUTHOR Twitter Staff laid off at SLM in Gweedore Previous articlePSNI investigate Derry fireNext articleMain Evening News, Sport and Obituaries Thursday December 21st News Highland Google+last_img read more


Valero Rivera about Qatar challenge: Amazing Federation, wonderful president

first_imgCroatia secure 3 points for Main Round Related Items:qatar 201, Qatar 2015, Qatar handball, valero rivera qatar  Loading …The first signs of Rivera’s work have been seen in the Asian Championship in Bahrein and Asian Games in Korea, where Qatari team beat two host nations in the final. That was the first home defeat for Koreans (24:21), who didn’t lose since the Olympic tournament 1988 in Seoul:– We are starting like another preseason and we will work with a group of between twenty and twenty-four players. I’m obviously very happy with how it has worked and has played in Korea, but is a long way ahead and you have to knock on wood to avoid  injuries,” stated legendary Valero. Click to comment ShareTweetShareShareEmailCommentsThe Qatar NT head-coach Valero Rivera has got the big reinforcements with Danijel Šarić (goalkeeper) and Žarko Marković (right back), who will be addition to his squad for the upcoming World Championship 2015 in Doha. He stated for the Spanish media that decision to turndown Qatari offer last year ” would have been one of the biggest mistakes” of his life.Like no other team, Rivera began final preparation in Spain, two months before TOP European teams, which have to wait the end of the first half of the season in European leagues. Rivera, who had fantastic achievements with FC Barcelona in the past, but also with the Spanish NT (current World title holder – 2013), praised all what he has experienced in Doha since April 2013, when he took the challenge of ambitious handball country:– Qatar has an amazing Federation, which allows you to work and makes players available for NT. Moreover, the president is wonderful – said Rivera, writes Spanish Marca. ShareTweetShareShareEmail How far Rivera can go with Qatar at WCh 2015? Preliminary Group TOP 16 TOP 8 Semi-final FinalView Results Recommended for you Qatar win Asian gold for the fourth time in a row! Qatar and Croatia secure Main Round tickets Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment.last_img read more


City, Champlain announce local skill accelerator for Burlingtonians hit by COVID recession

first_imgChamplain College,Champlain College to Offer a Tuition Reduction for City Residents in Online Undergraduate Certificate Programs; Designed to Help Those Out of Work or Considering a Career Transition to Get the Skills Necessary to Find a Rewarding New JobVermont Business Magazine Mayor Miro Weinberger and Champlain College President Dr Benjamin Akande on Wednesday announced the Local Skill Accelerator Program, a partnership designed to leverage Champlain College’s extensive online education programs to allow Burlingtonians to access additional savings for undergraduate certificate programs and, ultimately, a full undergraduate degree. Champlain College’s online curriculum is nationally recognized, taught by expert-practitioner faculty, and well-suited to help residents seeking a new job or a career transition in an era when demonstrable skills in information technology, cybersecurity, project management, or human resources can be a huge advantage in securing new employment opportunities.“In a time of sudden and unprecedented economic disruption, and severe restrictions on many fronts, the Local Skill Accelerator Program creates new opportunities for Burlingtonians to grow and develop skills needed in a quickly changing world,” said Mayor Weinberger. “Champlain College has long been a tremendous partner for the City of Burlington, and I am grateful that one of Dr. Akande’s first acts as President is to continue this partnership by making the College’s high-quality and practical online curriculum even more accessible to Burlington residents.”“Two months ago, in my first conversation with the Mayor, we discussed this partnership, and our teams went to work to create this opportunity for citizens of Burlington who are seeking to gain new skillsets in the wake of shifting employment challenges – both today and in the post COVID-19 era,” said Dr. Akande. “This is a pioneering moment for Champlain College Online and the City of Burlington, and I expect it to be one of many more to come.” Local Skills Accelerator OverviewChamplain College’s online programs are consistently rated among the best online bachelor’s programs by U.S. News and World Report(link is external). Two years ago, the College cut the cost of its online undergraduate programs in half – making it one of the most accessible online institutions in the country, and putting it at the leading edge of evolving online education options in the United States. The further 17 percent offered today drops the cost for Burlington residents to $265 per credit hour. Champlain College has further committed that the preferred rate will hold for residents completing a certificate program who then wish to continue on toward a full undergraduate degree. Residents must complete the certificate first before proceeding on to an undergraduate degree.Further details on the Local Skill Accelerator program are available at online.champlain.edu/BTV(link is external), including a full list of available online undergraduate certificates. These career-focused certificate programs allow students to build applicable knowledge and credentials in a short timeframe, with most programs consisting of between 16 and 18 credit hours and take from six to nine months to complete. For many looking for new work or considering a career change, an undergraduate certificate is one of the most efficient ways to jumpstart that process, allowing students to develop in-demand, industry-relevant skills and better positioning them to find work in their field upon program completion.If a resident has a GED or a high school transcript, they are also eligible to apply for Federal financial aid to further defray the cost of education, in addition to the tuition reduction being offered through this program. No SAT or ACT scores are required for admission to Champlain College Online; however, all Burlingtonians must complete an application for the program to which they are applying, which will be reviewed by the College in considering admission.Mayor Weinberger and President Akande were joined at the announcement by the City’s Chief Innovation Officer, Brian Lowe, and Champlain College Online Associate Vice President, Melissa Marcello.“The completion of a career-focused undergraduate certificate from Champlain College Online offers the opportunity for Burlington residents to pivot to a new career or advance into a more specialized role at their current employer in less than six months,” said Vice President Marcello. As part of the contract signed between the City and Champlain College, the City will cover the expected additional cost for the implementation of the new program, expected to be $5,000 or less. These costs primarily involve resetting tuition at the lower rate for those residents currently enrolled in undergraduate certificate programs. Applicants will be required to self-certify their status as residents of Burlington, and the College reserves the right to seek additional information (such as utility bill payments or current lease agreements) should the need arise.“This program creates a new opportunity for Burlington residents who may have lost their job or are looking for a new one, and it also creates a new way for Champlain College to relate to and support the community,” said Brian Lowe, the City’s Chief Innovation Officer. “If the program generates interest, we are hopeful that Champlain will be able to expand it to other Vermont cities and towns in the coming months and years to increase access to skills that give people a leg up in the 21st century workforce.”Applications must be submitted by July 31, 2020 for the Fall A term beginning on August 31, 2020. The application deadline for the Fall B term is September 25, 2020, with classes starting on October 26, 2020.Source: Burlington, VT – Mayor 7.8.2020last_img read more


Limited edition BOOST the Nation collection from adidas

first_img Related adidas and Refinery29 are partnering with celebrated female artists to create one-of-a-kind pairs of UltraBOOST X representing all 50 US states. The limited edition BOOST the Nation collection is created for women by women to unite creativity through sport and reflect the US nation’s individuality.Sneakers will be available starting 4 July 2017 by auction and 100% of the funds raised will be donated to Women Win, an organization that empowers girls to build leadership skills and address gender equity through sport.“It’s not about competing with each other, but lifting each other up and celebrating the diversity of this country,” said fashion illustrator Meagan Morrison who designed sneakers inspired by Alabama, California, Connecticut, Missouri and Virginia.Refinery29 curated a diverse group of artists – including Meagan Morrison, Maria ‘Too Fly’ Castillo, Bree Poort, Lizzie Darden, Jenny Kiker, Sophia Chang, Mari Orr, Jen Mussari, Carrie Chan, Jordana Schrager and Refinery29 fashion editor Alyssa Coscarelli – to design the custom sneakers. Each is inspired by a state’s unique culture, landscapes and notable landmarks, to create an original work of art.“We can find beauty despite diversity and, more importantly, because of diversity, from shorelines to glaciers, from farmland to mountaintop to prairie. If everything was the same, nothing would be remarkable,” said chemist turned artist Mari Orr who designed sneakers inspired by Alaska, Iowa, Maryland, Nebraska and South Dakota.In collaboration with digital campaign platform Wyng, adidas and Refinery29 are running a digital silent auction marketing campaign for a good cause integrated with the brand’s e-commerce platform. Launching on 4 July through 11 July, consumers can select their favourite pair and bid to purchase the coveted custom sneakers by visiting BOOST the Nation on adidas.com. The auction includes an option to donate and support the cause without having to win and share across social channels.“UltraBOOST X is the best performance shoe for the female athlete and it’s as stylish and versatile as you need it to be,” said Alexa Andersen, US Category Director for Women’s Running at adidas. “As a brand that walks the line between sport and creativity, we saw the triple white silhouette as a blank canvas full of possibilities to collaborate with powerful and expressive women in a way that would celebrate differences and highlight the unique characteristics that unite us.”“At Refinery29 we believe strongly in the power of art and design to incite meaningful conversation and inspire change, so partnering with adidas to launch the BOOST the Nation custom sneaker auction was a natural fit,” said Hallie Johnston, SVP, Client Services & Strategy, Branded Content at Refinery29. “The custom sneakers designed for women by women celebrate the diversity and creativity of this country, while intersecting sport and art in a unique and shareable way.”The adidas UltraBOOST X is available now for US$180 on adidas.com in six colours including triple white, mystery blue, trace pink, core black, clear grey and glow orange.www.adidas.comlast_img read more


A key lesson for Cameron, but he must try harder

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img


Don’t let lawyers’ reputation go the way of politicians’ – Woolf

first_imgA former lord chief justice – and one of the architects of the modern civil justice system – has expressed public concern that the reputation of the legal profession is under threat.Speaking at a conference in London today, The Rt Hon Lord Woolf (pictured) said one of the biggest challenges facing the legal sector is to uphold its standing with the public.Asked about whether he would encourage young people to be a lawyer, Woolf said it had been a ‘privilege’ to practise and warned this should not be lost in future.‘I would hate to think our standards would sink below the standard I know so the reputation of the profession was to be tarnished,’ he said.‘No matter how enthusiastic we may be things happen which really worry me. Things happened in the political arena which have challenged the reputation of politicians.‘We have to take great care we don’t damage the occupation that I love. We can discard practices [that are] no longer relevant but cannot ignore standards.’During a wide-ranging discussion at the SJ Live event, Woolf expressed his ‘regret’ at the need for McKenzie friends to step in to help those who cannot get legal representation in the conventional way, although he noted that some can provide ‘great assistance’.Woolf voiced concern that the volume and scale of inquires into historic child sex offences, notably the ongoing Goddard inquiry, threatens funding for other areas of justice.‘My fear is they are sucking huge amounts of resources away from the normal role of the justice system. We should be putting ordinary needs at the heart of the justice system first.’But on the issue of whether increased court fees could help plug the funding gap, Woolf said the government should act ‘responsibly’ and maintain proportionality.‘[Fees] should not place a burden on a particular section of the community.’Woolf, whose civil justice reforms came into force in 1999, advocated efforts to change the system and said the reform process should be ‘continuous’.As a member of parliament’s joint committee on human rights, the judge was asked about government plans to replace the Human Rights Act with a British bill of rights.He said: ‘The present Human Rights Act serves us well but I am not entrenched. It is critical it should not be a bill which provides inadequate rights. If we have a new British bill of rights we are going to have a lot of work to do in the courts and as lawyers to absorb the new bill.’Day in and day out, the courts have dealt with the Human Rights Act and accumulated a wisdom about applying it. We have, over time, seen things that have not have been constructive and tried to put them right. [Under a new bill of rights] there is going to be great uncertainty which will take a number of years to work out.’last_img read more


Taibe Ussein suffered a serious injury and will be absent for…

first_imgOur big star in the fight – Taibe Ussein, underwent a successful operation after a serious injury.Athlete №1 of Bulgaria for 2018, has torn knee ligaments, which necessitated an intervention with Dr. Dinko Hubenov.This will get Ussein off the mat for at least six months, in such an important period before the Olympics.The good news is that Taibe Ussein is currently our only player with a quota for Tokyo, which will not require her hasty return.This way she will be able to focus her recovery and preparation entirely on the games.Taibeh Ussein has won world and two European titles, and in total her medals from major championships are 13.She is also our biggest hope for a gold medal in Tokyo.last_img read more


Ravens-Giants: Inactives and pre-game notes

first_imgEAST RUTHERFORD, N.J. — The Ravens are seeking a fresh start under new offensive coordinator Marty Mornhinweg after the dismissal of Marc Trestman this past week.The problem is having three offensive starters inactive for the Week 6 meeting with the New York Giants as both teams attempt to snap losing streaks on Sunday. As expected, No. 1 wide receiver Steve Smith (ankle), Pro Bowl right guard Marshal Yanda (shoulder), and rookie left tackle Ronnie Stanley (foot) were all deactivated by Baltimore after missing practices and being listed as doubtful to play this week.Smith left last Sunday’s loss to Washington in the first quarter and did not return while Yanda is missing his first game since the end of the 2012 regular season. Stanley practiced on a limited basis on Thursday and Friday, but he will now miss his third straight game with a lingering foot ailment.With Stanley out, fellow rookie Alex Lewis will make his second straight start at left tackle with John Urschel starting once again at left guard. Ryan Jensen will start at right guard in place of Yanda.Despite veteran right tackle Rick Wagner (thigh) being active, he is not 100 percent and may only be available as an emergency backup. Third-year lineman James Hurst was working as the starting right tackle during pre-game warmups.The defense is also in rough shape as linebackers Elvis Dumervil (foot) and C.J. Mosley (hamstring) will not play after being deactivated. Dumervil was shut down again this week after quiet performances in his first two games since returning from offseason foot surgery. Mosley hurt his hamstring in the second half of the Week 5 loss to Washington and didn’t return.With Mosley out, third-year inside linebacker Zach Orr will relay the defensive calls in the huddle and veteran Albert McClellan will move inside. Dumervil’s absence should lead to more pass-rushing opportunities for the likes of Za’Darius Smith, Matt Judon, and possibly Kamalei Correa on Sunday.Veteran return specialist Devin Hester (thigh) is also inactive after missing practices on Thursday and Friday. How the Ravens elect to handle the return duties is more of a mystery as veterans Lardarius Webb, Mike Wallace, and Terrance West and rookies Chris Moore, Kenneth Dixon, and Tavon Young all fielded kicks during pre-game warmups. Webb did appear to field the majority of the punts, however.In all, the Ravens will be trying to break their two-game slide with five former Pro Bowl players sidelined with injuries. Rookie defensive tackle Willie Henry was the only healthy scratch for Baltimore.Meanwhile, there were no surprises among the New York Week 6 inactives as safeties Nat Berhe (concussion) and Darian Thompson (foot) and starting right tackle Marshall Newhouse (calf) were declared out on Friday. As expected, defensive end Jason Pierre-Paul (groin) and running back Rashad Jennings (thumb) were active after being listed as questionable.Sunday’s referee will be Jeff Triplette.According to Weather.com, the Sunday forecast calls for partly cloudy skies with temperatures reaching the low 70s and winds up to nine miler per hour.The Ravens will wear white jerseys with black pants while the Giants don blue tops with white pants.Sunday marks the fifth regular-season meeting between these teams with Baltimore holding a 3-1 advantage, which doesn’t include the 34-7 victory in Super Bowl XXXV on Jan. 28, 2001. However, the Ravens haven’t won a road game against the Giants since Sept. 14, 1997.Below are Sunday’s inactives:BALTIMOREWR/RS Devin HesterLB C.J. MosleyLB Elvis DumervilDT Willie HenryG Marshal YandaOT Ronnie StanleyWR Steve SmithNEW YORKCB Eli AppleQB Josh JohnsonWR Tavarres KingS Darian ThompsonS Nat BerheLB Deontae SkinnerOT Marshall Newhouselast_img read more