0
Wireless

Comba buys majority stake in Laos' ETL amid lower FY

Thursday 23 March 2017 | 12:32 CET | News
Comba Telecom, a global provider of wireless products based in Hong Kong, said full year revenues fell over 12 percent from the year before to HKD 5.94 billion, as most mobile network operators spent less on the back of rapid 4G penetration and the still depressed macro-economic situation. The operator profit sank almost 24 percent although the gross profit margin increased by 0.7 percentage point, due to better efficiencies, plus growing revenue contributions from some high-end products. Combo will recommend a final dividend of 0.8 cents per ordinary share, for an annual dividend payout

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Lao People's Democratic Republic / World
::: add a comment
This article is part of dossier

5G


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







-/- 0.2%
Total service revenues y-o-y
Belgium  |  2017 Q3