SFR's third-quarter operating profit sagged nearly 17 percent, year over year in the third quarter of 2012, Reuters reports. For the full year, SFRT now expects a decline of annual earnings of about 12 percent.
SFR added only 40,000 new mobile customers on long-term contracts and 24,000 broadband customers in the quarter, compared with larger rival France Telecom's 320,000 new mobile contract customers.
Vodafone Group reported service revenue that fell 1.4 percent in the second quarter ended Sept. 30, 2012.
Deutsche Telekom, the former German phone monopoly, last week reported a 0.1 percent decline in third-quarter revenue.
Telefonica, Spain’s biggest telecommunications company, said sales for the same period dropped 1.6 percent.
Wednesday, November 14, 2012
European Mobile Providers Have a Tough 3rd Quarter 2012
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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