India amenaza con actuar contra la nueva política de privacidad de WhatsApp Tags Related Bharti Airtel suffered a sixth consecutive quarterly decline in profit during its fiscal Q2 ending 30 September, as an ongoing price war weighed on its key India market.The operator’s net profit for fiscal Q2 2018 fell 77 per cent year-on-year to INR3.43 billion ($52.5 million). A one-time charge of INR1.46 billion for network refarming and upgrades played a part in the decline, Airtel said in a statement.Consolidated revenue for the quarter dropped 11.7 per cent from the comparable 2016 quarter to INR218 billion, with turnover in India falling 13 per cent to INR167 billion, while in Africa revenue rose 2.6 per cent to $782 million.India price warMobile service revenue in India decreased 16.8 per cent year-on-year to INR122.6 billion, with the company stating the segment “continues to experience value erosion and financial stress led by competitive pressures”.The country’s top three mobile players have faced more intense competition since the entry of Reliance Jio in September 2016 and have been forced to reduce data prices.ARPU declined 23 per cent year-on-year to INR154 in the recent quarter.Gopal Vittal, Airtel’s MD and CEO for India and South Asia, said: “The financial stress in the industry continues due to double-digit revenue decline and will be further accentuated by the reduction in IUC [interconnect usage charge] rates in the next quarter. This will eventually force operator consolidation and exits as we have witnessed in the recent past.”The mobile operator, India’s largest with a 23.5 per cent market share, grew its mobile subscriber base 8.5 per cent year-on-year to 282 million. It said mobile broadband subscribers rose 33.6 per cent from fiscal Q2 2017 to 55.2 million in the recent period. Mobile data traffic jumped fourfold year-on-year.It added 78,000 base stations across the India, taking its total to 226,000 at end-September.AfricaIts mobile subscriber base in Africa rose 4.8 per cent year-on-year to nearly 82 million at end-September. Data subscribers increased 20.1 per cent to 21.7 million.The company said cost control initiatives resulted in its underlying EBITDA margin increasing by 9.1 per cent year-on-year to 32.1 per cent.Raghunath Mandava, MD and CEO of Airtel Africa, said data traffic grew 83.8 per cent year-on-year and Airtel Money transaction value expanded 31 per cent to $4.9 billion.The number of Airtel Money customers increased 3.5 per cent to 9.5 million, while the number of transactions during the quarter increased 23.8 per cent to 424 million.Tower assets Airtel’s tower unit reported an 11 per cent rise in revenue to INR16.6 billion. The business had more than 39,000 standalone towers at end-September.Meanwhile, a group of international investors approached Airtel about acquiring a significant stake in its listed tower company Bharti Infratel, The Economic Times reported. Airtel holds a 58 per cent stake in the tower company, which operates about 91,000 towers. Previous ArticleChina retailers discount iPhone 8Next ArticleOrange deputy chief calls for investment focus Joseph Waring AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 01 NOV 2017 Español Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more Home Airtel profit drops for 6th straight quarter WhatsApp sues India over new internet regulations Author AfricaBharti-AirtelIndia WhatsApp shrugs off India privacy update pressure
Blog: How is chip shortage affecting US? AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 07 JAN 2019 Español Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist…More Read more Tags HonorHuawei Previous ArticleApple inks Samsung deal as services drive continuesNext ArticleNintendo mobile revenue on the up Related Author Steve Costello Home Honor 10 Lite rollout gathers pace El fundador de Huawei propugna una transición hacia el software Honor announced availability of its Honor 10 Lite smartphone in the UK market, as the affordable device is launched in more global markets.In addition to other parts of Europe, the device is expected to launch in India imminently. It is already available in some markets across the Middle East and Asia, and obviously China was the first launch of the device from the Huawei subsidiary.Priced at £199 in the UK, Honor UK marketing manager Ali Qureshi said: “in terms of targeting, it’s all about the look and feel of the device”. Honor 10 Lite has a “shimmering colour gradient back”, with three colours available: sky blue, sapphire blue and midnight black.It features a 6.2-inch full HD display, with its small “teardrop” notch meaning the screen-to-body ratio is over 90 per cent. “It’s all about minimising the effect it has on the screen real estate,” Qureshi noted.On the rear are 13MP+2MP cameras, with ƒ/1.8 and ƒ/2.4 apertures. It includes artificial intelligence (AI)-powered image stabilisation, portrait mode, translation and identity. Up front is a 24MP camera with ƒ/2.0 aperture and AI recognition of eight scenarios. It includes 3D portrait lighting with multiple options.Honor 10 Lite offers somewhat old-school features. It includes a 3.5mm headphone jack, which Qureshi said fits with the desire to offer devices consumers can use without having to buy new accessories. It also offers micro USB charging, rather than the increasingly common USB-C.The device is powered by an octacore Huawei Kirin 710 processor, which is said to offer 130 per cent improvement in GPU performance and a 75 per cent CPU boost: “Even though you are buying a device at a lower-tier price point, you don’t have to compromise on performance,” Qureshi said.Several configurations are available, with 3GB, 4GB or 6GB of RAM and 32GB or 64GB of storage. The UK version has the 3GB/64GB combination at launch. Subscribe to our daily newsletter Back FCC mulls expanded Huawei, ZTE bans
iStock(VANCOUVER, Wash.) — At least three people were wounded in a shooting at an apartment building in downtown Vancouver, Washington.Two of those shot are in critical condition, according to Portland ABC affiliate KATU-TV.Police have massed at Smith Tower, where shots were fired in the lobby of the building, authorities said.The shooter is now holed up in his apartment in the building, with police trying to get him to surrender, police said.PeaceHealth Southwest Medical Center in Vancouver confirmed to ABC News it received two patients.Vancouver is just across the Columbia River from Portland, Oregon.Copyright © 2019, ABC Radio. All rights reserved.