Inmarsat sees revenues jump despite earnings slump in its biggest division
Maritime earnings make up almost half of Inmarsat’s total revenues, but they were down for the second year in a row
Sector
Telecommunications
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BATM Advanced Communications strikes upbeat note
On revenues of US$90.4mln the company generated underlying earnings (EBITDA) of US$2.8mln with the gross margin remaining steady at just over 31%.
Snap Inc continues to lose value on fourth trading day
Snap's investors will be hoping to see its shares reverse yesterday's decline as it enters its fourth day of trading
BATM lands US$2.5mln order for world’s first mobile agri-waste treatment unit
Chief executive Zvi Marom said: "We are very pleased to have received this significant order for our mobile agri-waste treatment solution from such a major customer."
Snap shares break two-day rally
Shares of Snap Inc, the company behind vanishing messages app Snapchat, fell as much as 9.2 per cent to $24.61 on Monday, reversing earlier gains of as much as 4.3%
Satellite Solutions makes first acquisitions of 2017
The group has expanded its presence in Australia and Norway with the acquisitions of BorderNET, NextNet and AS Distriktsnett
BT scores £1.2bn deal to secure UEFA Champions and Europa League broadcast rights for another 3 years
The FTSE 100-listed firm will pay around £394m each year for the rights which will run until the end of the 2020/21 season.
Satellite Solutions Worldwide Group continues to grow through acquisitions
The fourth largest independent provider of satellite broadband internet services in the world expects to reach its target of 100,000 customers by year-end
Snap Inc shares top $27 after NBCUniversal pledges $500mln investment
Shares of Wall Street debutante Snap Inc owner of the popular vanishing messenger Snapchat, jumped more than 10% on Friday as the first full day of trading saw NBCUniversal take a strategic stake in the enterprise
Snap Inc's shares surge in first day of trading but will its value hold up?
Snap's value may have jumped in its first day of trading but will it flop like Twitter or grow like Facebook further down the line?
Satellite Solutions agrees new five-year, £5mln credit facility with HSBC
The last-mile broadband provider said it will use the cash to finance more acquisitions
Snap shares jump 48% at debut, opening at $24
Shares in Snap open at $24, at a considerable premium to the $17 the group priced at the previous day and giving it a market valuation of $27.8bn
Snapchat IPO considered overvalued by analysts
Analysts believe investors in Snapchat's IPO may be taking a risk as its targeted valuation is considered overpriced by some
BATM enjoys strong second half
Revenues for the year to December 31 will be "slightly more than US$90mln", BATM said in a trading statement ahead of its prelims on March 8.
Competitive pricing pressure sees US Cellular's fourth-quarter revenues miss forecasts
The firm reported total operating revenues of US$991mln for the three months to December 31, below the consensus forecast for US$1.03bn.
Monitise narrows first half losses as it slashes costs
Cost cuts offset lower revenues in the first half, leading to narrowed losses for Monitise.
Vodafone undervalued - if it rids itself of Indian millstone
Jefferies and JP Morgan Cazenove both agree Vodafone is cheap, and if it can hive off its Indian arm, it looks cheaper still
Verizon snatches Apple’s creative chieftain
US telecoms group Verizon Communications, currently in the midst of trying to buy Yahoo! assets, said on Monday that it snared Apple’s global creative director to lead its newly-built in-house advertising agency
BT hanging in there against Virgin Media onslaught
Haitong says BT's Openreach arm is holding up well in the face of the network expansion by Virgin Media
Charter Communications tops expectations
The company acquired Time Warner Cable and Bright House Networks in 2016