0
Broadband

QSC revenues down to EUR 87 mln in Q1

Monday 13 May 2019 | 15:43 CET | News
German service provider QSC reported revenues down to EUR 87.4 million in Q1 from EUR 94.1 million in the previous year's quarter, in line with expectations. It recorded significantly higher Cloud and Consulting revenues, offset by lower TC and Outsourcing revenues in Q1. Growth in the Cloud segment, with its core areas of Cloud Services and Internet of Things (IoT), accelerated yet further. Cloud revenues surged by 49 percent to EUR 10.6 million in Q1.

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: Fixed
Companies: Plusnet / QSC
Countries: Germany
::: add a comment
This article is part of dossier

IoT


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.


Related

QSC raises EBITDA forecast for 2019 after agreeing to sell Plusnet

Published 24 May 2019 16:39 CET | Germany
German service provider QSC said it has upgraded its forecast for the fiscal year 2019, based on the sale of its subsidiary ...

Last week in telecoms: Vodafone earnings, German deal in danger, Italy heading for more network sharing

Published 20 May 2019 07:01 CET | Europe
Vodafone's quarterly results and dividend cut set the TPSI European Telecoms Services lower last week. The index ended week 20 ...

QSC sells Plusnet to EnBW Telekommunikation for EUR 229 mln

Published 07 May 2019 09:49 CET | Germany
The divestment is expected to help QSC accelerate its expansion in the cloud and IoT businesses. The firm said it intends to ...

QSC enters final negotiations on Plusnet sale after multiple offers

Published 09 Apr 2019 18:16 CET | Germany
German operator QSC said it's getting closer to a sale agreement for its unit Plusnet. The board agreed to enter into "precise ...

QSC signs contract to migrate SAP system of Fressnap

Published 09 Apr 2019 09:25 CET | Germany
The SAP system of Fressnap will be managed in the SAP HANA Enterprise Cloud. QSC will migrate its SAP ERP and CRM systems to the ...

Q-loud operates Huawei's OceanConnect narrowband IoT platform for European region

Published 02 Apr 2019 09:46 CET | Europe
Huawei Technologies named QSC's IoT subsidiary Q-loud as European operator of OceanConnect, Huawei's IoT device management ...

QSC beats FY revenue outlook, EBITDA in line

Published 27 Feb 2019 16:08 CET | Germany
German service provider QSC said revenues increased to EUR 366.8 million in 2018, up from EUR 357.9 million in the previous year ...