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Vodacom Annual Results Presentation
Vodacom Group Annual Results For the year ended 31 March 2020 The future is exciting. Ready? Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentations may lawfully be communicated (‘relevant persons’). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. Information in the following presentation relating to the price at which relevant investments have been bought or sold in the past or the yield on such investments cannot be relied upon as a guide to the future performance of such investments. This presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, subscribe for or otherwise acquire securities in any company within the Group. Promotional material used in this presentation that is based on pricing or service offering may no longer be applicable. This presentation contains certain non-GAAP financial information which has not been reviewed or reported on by the Group’s auditors. The Group’s management believes these measures provide valuable additional information in understanding the performance of the Group or the Group’s businesses because they provide measures used by the Group to assess performance. However, this additional information presented is not uniformly defined by all companies, including those in the Group’s industry. Accordingly, it may not be comparable with similarly titled measures and disclosures by other companies. Additionally, although these measures are important in the management of the business, they should not be viewed in isolation or as replacements for or alternatives to, but rather as complementary to, the comparable GAAP measures. -
ITIF Files Comments Supporting T-Mobile-Sprint Merger
Before the FEDERAL COMMUNICATIONS COMMISSION Washington, DC 20554 In the Matter of ) ) Applications of T-Mobile US, Inc. and Sprint ) WT Docket No. 18-197 Corporation for Consent to Transfer Control of ) Licenses and Authorizations ) OPPOSITION TO PETITIONS TO DENY OF ITIF The Information Technology and Innovation Foundation (“ITIF”)1 appreciates this opportunity to comment in support of the pending merger of T-Mobile US, Inc. (“T-Mobile”) and Sprint Corporation (“Sprint”).2 INTRODUCTION AND SUMMARY ITIF supports this transaction with the belief that the merger advances innovative wireless broadband services, offers significant benefits that will ultimately flow to consumers, and presents few concerns in terms of competition. The merger offers significant scale and operational efficiencies that will help accelerate the transition to next generation, 5G networks, intensifying competition, and bringing numerous benefits that flow throughout the economy. An honest examination of the facts should find this merger in the public interest under sections 214(a) and 310(d) of the Communications Act.3 Petitions to deny the merger do not fully appreciate the synergies of the transaction and take too myopic a view of how competition functions in today’s media and telecommunications landscape. Some critics of the merger focus narrowly on the number of competitors, decrying this merger as a 4 to 3 reduction. This view does not appreciate companies on the cusp of wireless entry, such as cable firms, or, more importantly, the 1 The Information Technology and Innovation Foundation (ITIF) is a non-partisan research and educational institute – a think tank – whose mission is to formulate and promote public policies to advance technological innovation and productivity internationally, in Washington, and in the states. -
Executive Summary
Executive summary For more information, visit: www.vodafone.com/investor Highlights Group highlights for the 2010 financial year Revenue Financial highlights ■ Total revenue of £44.5 billion, up 8.4%, with improving trends in most £44.5bn markets through the year. 8.4% growth ■ Adjusted operating profit of £11.5 billion, a 2.5% decrease in a recessionary environment. ■ Data revenue exceeded £4 billion for the first time and is now 10% Adjusted operating profit of service revenue. ■ £1 billion cost reduction programme delivered a year ahead of schedule; £11.5bn further £1 billion programme now underway. 2.5% decrease ■ Final dividend per share of 5.65 pence, resulting in a total for the year of 8.31 pence, up 7%. ■ Higher dividends supported by £7.2 billion of free cash flow, an increase Free cash flow of 26.5%. £7.2bn Operational highlights 26.5% growth ■ We are one of the world’s largest mobile communications companies by revenue with 341.1 million proportionate mobile customers, up 12.7% during the year. Proportionate mobile customers ■ Improved performance in emerging markets with increasing revenue market share in India, Turkey and South Africa during the year. ■ Expanded fixed broadband customer base to 5.6 million, up 1 million 341.1m during the year. 12.7% growth ■ Comprehensive smartphone range, including the iPhone, BlackBerry® Bold and Samsung H1. ■ Launch of Vodafone 360, a new internet service for the mobile and internet. ■ High speed mobile broadband network with peak speeds of up to 28.8 Mbps. Vodafone Group Plc Annual Report 2010 1 Sir John Bond Chairman Chairman’s statement Your Company continues to deliver strong cash generation, is well positioned to benefit from economic recovery and looks to the future with confidence. -
(MTS) Converges Fixed and Mobile Telephony
Customer Case Study Mobile TeleSystems (MTS) Converges Fixed and Mobile Telephony MTS creates new revenue opportunities with new services. Business Challenge EXECUTIVE SUMMARY Wireless applications for voice and data are Mobile TeleSystems (MTS) Industry: Telecommunications becoming as essential to today’s businesses as their BUSINESS CHALLENGE fixed, or wired, counterparts. Although many Increase revenue opportunities and market enterprises have sophisticated IP data networks in share by offering fixed-mobile converged voice services. place, and many have implemented IP NETWORK SOLUTION Communications applications over those networks, A Cisco gateway and softswitch solution that they must still rely on a separate mobile voice delivers enhanced signaling and call control. network. In Europe, many operators of Global BUSINESS RESULTS Systems for Mobile Communications (GSM) Delivered new fixed-mobile converged voice solution to customers in multiple regions. networks are monitoring technology advances that Reduced capital and operating expenses in purchasing, maintaining, and supporting new will enable them to build an open, IP-based service infrastructure. infrastructure that can provide a reliable foundation Gained competitive advantage by presenting customers with a unified bill. from which to deploy rich multimedia communication services – including mixed telecom and data services and combined fixed and mobile services. The emerging IP Multimedia Subsystem (IMS) approach to deploying IP infrastructure promises to help operators achieve this goal. Mobile TeleSystems (MTS), with multiple networks and more than 50 million existing customers in Eastern Europe and Russia, saw an opportunity to increase its revenue opportunities and market share in large enterprises by offering a fixed-mobile converged voice service. If successful, the service could advance MTS well ahead of its competitors and allow it to capture a significantly large share of the enterprise telecom revenue. -
Bringing the Future Faster
6mm hinge Bringing the future faster. Annual Report 2019 WorldReginfo - 7329578e-d26a-4187-bd38-e4ce747199c1 Bringing the future faster Spark New Zealand Annual Report 2019 Bringing the future faster Contents Build customer intimacy We need to understand BRINGING THE FUTURE FASTER and anticipate the needs of New Zealanders, and Spark performance snapshot 4 technology enables us Chair and CEO review 6 to apply these insights Our purpose and strategy 10 to every interaction, Our performance 12 helping us serve our Our customers 14 customers better. Our products and technology 18 Read more pages 7 and 14. Our people 20 Our environmental impact 22 Our community involvement 24 Our Board 26 Our Leadership Squad 30 Our governance and risk management 32 Our suppliers 33 Leadership and Board remuneration 34 FINANCIAL STATEMENTS Financial statements 38 Notes to the financial statements 44 Independent auditor’s report 90 OTHER INFORMATION Corporate governance disclosures 95 Managing risk framework roles and 106 responsibilities Materiality assessment 107 Stakeholder engagement 108 Global Reporting Initiative (GRI) content 109 index Glossary 112 Contact details 113 This report is dated 21 August 2019 and is signed on behalf of the Board of Spark New Zealand Limited by Justine Smyth, Chair and Charles Sitch, Chair, Audit and Risk Management Committee. Justine Smyth Key Dates Annual Meeting 7 November 2019 Chair FY20 half-year results announcement 19 February 2020 FY20 year-end results announcement 26 August 2020 Charles Sitch Chair Audit and Risk Management Committee WorldReginfo - 7329578e-d26a-4187-bd38-e4ce747199c1 Create New Zealand’s premier sports streaming business Spark Sport is revolutionising how New Zealanders watch their favourite sports events. -
Verizon Wireless Communications: a Financial Analysis
Minnesota State University Moorhead RED: a Repository of Digital Collections Dissertations, Theses, and Projects Graduate Studies Fall 12-20-2018 Verizon Wireless Communications: A Financial Analysis MacKenzie Barry [email protected] Follow this and additional works at: https://red.mnstate.edu/thesis Recommended Citation Barry, MacKenzie, "Verizon Wireless Communications: A Financial Analysis" (2018). Dissertations, Theses, and Projects. 147. https://red.mnstate.edu/thesis/147 This Project (696 or 796 registration) is brought to you for free and open access by the Graduate Studies at RED: a Repository of Digital Collections. It has been accepted for inclusion in Dissertations, Theses, and Projects by an authorized administrator of RED: a Repository of Digital Collections. For more information, please contact [email protected]. Verizon Wireless Communications: A Financial Analysis A Project Presented to the Graduate Faculty of Minnesota State University Moorhead By MacKenzie Frances Barry In Partial Fulfillment of the Requirements for the Degree of Master of Science in Accounting and Finance December 2018 Moorhead, Minnesota EXECUTIVE SUMMARY Verizon Communications, Inc. (VZ) operates the largest wireless and second largest wireline telecom networks in the United States. These two segments focus on providing communication, information, and entertainment to consumers, businesses, and government agencies. Verizon is based out of New York, New York and was incorporated in 2000. In recent news, the company has added 603,000 postpaid wireless customers, which was well above the consensus estimate of 438,000 subscriber additions. The solid customer additions were partially due to a significant year-over-year drop in churn (percentage of consumers leaving Verizon). Verizon also announced that Marni Walden, executive vice president and president of global media, left the company in February 2018. -
Sunday, February 23
Parish Health Departments Islandwide Fogging Schedule February 23- February 29, 2020 Sunday, February 23 St. Elizabeth Union Aberdeen Portland Pleasant Hill St. Catherine Tawes Meadows Ellerslie Gardens Hanover Norman Manley Blvd Mt Peto Clarendon Treadlight Treadlight Common St. James Unity Hall Anchovy Kingston & St. Andrew 1 | P a g e Cargill Avenue Balmoral Avenue Kencot Cross Roads Area St. Thomas Eleven Miles Monday, February 24 St. Mary Annotto Bay Roadside (Islington) Top Albany Richmond Road Mile Gully New Road Portland Hector River Township St. Ann Moneague Town Area Silk Street Clinic Street Scot Hill Moneague College compound Manchester Mt Pleasant & Schools Spring Grove & Schools Redberry Baptist Street Old Porus Road Reeveswood Watermouth 2 | P a g e Hanover Orange Bay Mt Peto Westmoreland Amity Pipers Corner Sweet River Trelawny Duanvale Ulster Spring St. James Unity Hall Lethe Clarendon Raymonds Hayes Savannah Monymusk Newtown St. Elizabeth Treasure Beach St. Catherine Seafort Hellshire Heights Cave Hill Braeton 2, 3 & 7 St. Thomas Eleven Miles Kingston & St. Andrew Garages and Tyre Shops Zones 4,5,6 Jones Town- Greenwich Park Road 3 | P a g e Seventh Street Slipe Pen Road Tuesday, February 25 Hanover Green Island Industry Cove Copse Westmoreland Jerusalem Mtn Meylersfield Mtn Trelawny Duanvale Butt-Up Town St. James Coral Gardens Lethe St. Catherine Dover Cherry Byles Fletchers Kingland St. Ann Grants Mountain Manchester 4 | P a g e Plowden Heartease Old England St. Elizabeth Treasure Beach Kingston & St. Andrew Duncaster Bournemouth Gardens Manley Meadows Clarendon Top and Bottom Halse Hall New Bowens Portland Manchioneal St. Mary Enfield Frontier Paggee Tremolesworth Top Road George Town St. -
Annual Report 2019 001 2019 MILESTONES
CORPORATE CULTURE About China Telecom China Telecom Corporation Limited (“China Telecom” or the “Company”, a joint stock Corporate Mission limited company incorporated in the People’s Republic of China with limited liability, together with its subsidiaries, collectively the “Group”) is a large-scale and leading Let the customers fully enjoy a new information life integrated intelligent information services operator in the world, providing wireline & mobile telecommunications services, Internet access services, information services and other value-added telecommunications services primarily in the PRC. As at the end of 2019, the Strategic Goal Company had mobile subscribers of about 336 million, wireline broadband subscribers of about 153 million and access lines in service of about 111 million. The Company’s H shares Be a leading integrated intelligent information services operator and American Depositary Shares (“ADSs”) are listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange” or ”HKSE”) and the New York Stock Exchange respectively. Core Value Comprehensive innovation, pursuing truth and pragmatism, respecting people and creating value all together Operation Philosophy Pursue mutual growth of corporate value and customer value Service Philosophy Customer First Service Foremost Code of Corporate Practice Keep promise and provide excellent service for customers Cooperate honestly and seek win-win result in joint innovation Operate prudently and enhance corporate value continuously Manage precisely and allocate resources scientifically Care the staff and tap their potential to the full Reward the society and be a responsible corporate citizen Corporate Slogan Connecting the World Forward-Looking Statements Certain statements contained in this report may be viewed as “forward-looking statements” within the meaning of Section 27A of the U.S. -
Selected Financial Data
Selected Financial Data (dollars in millions, except per share amounts) 2016 2015 2014 2013 2012 Results of Operations Operating revenues $ 125,980 $ 131,620 $ 127,079 $ 120,550 $ 115,846 Operating income 27,059 33,060 19,599 31,968 13,160 Net income attributable to Verizon 13,127 17,879 9,625 11,497 875 Per common share — basic 3.22 4.38 2.42 4.01 .31 Per common share — diluted 3.21 4.37 2.42 4.00 .31 Cash dividends declared per common share 2.285 2.230 2.160 2.090 2.030 Net income attributable to noncontrolling interests 481 496 2,331 12,050 9,682 Financial Position Total assets $ 244,180 $ 244,175 $ 232,109 $ 273,184 $ 222,720 Debt maturing within one year 2,645 6,489 2,735 3,933 4,369 Long-term debt 105,433 103,240 110,029 89,188 47,428 Employee benefit obligations 26,166 29,957 33,280 27,682 34,346 Noncontrolling interests 1,508 1,414 1,378 56,580 52,376 Equity attributable to Verizon 22,524 16,428 12,298 38,836 33,157 • Significant events affecting our historical earnings trends in 2014 through 2016 are described in “Other Items” in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section. • 2013 data includes severance, pension and benefit charges, gain on spectrum license transactions and wireless transaction costs. 2012 data includes severance, pension and benefit charges, early debt redemption costs and litigation settlement charges. Stock Performance Graph Comparison of Five-Year Total Return Among Verizon, S&P 500 Telecommunications Services Index and S&P 500 Stock Index $200 $180 $160 $140 Dollars $120 $100 Verizon $80 S&P 500 Telecom Services $60 S&P 500 2011 2012 2013 2014 2015 2016 At December 31, Data Points in Dollars 2011 2012 2013 2014 2015 2016 Verizon 100.0 113.2 134.0 133.3 137.9 166.5 S&P 500 Telecom Services 100.0 118.3 131.7 135.6 140.1 173.0 S&P 500 100.0 116.0 153.5 174.5 176.9 198.0 The graph compares the cumulative total returns of Verizon, the S&P 500 Telecommunications Services Index, and the S&P 500 Stock Index over a five-year period. -
Supreme Court List for the Week of the 16Th December
Supreme Court of Judicature of Jamaica Civil Division List of Sittings for the week commencing the 16th December 2013 ACTION MATTERS COURT 9 COR: THE HONOURABLE MR. JUSTICE R. KING CLERK: MISS A. MILLS MONDAY 16TH DECEMBER, 2013 2008HCV02744 Richards V Rhoden & Ors Kghn&Kghn:WM:BL:DSP 2010HCV02112 Quest V Wright & Ors 2011HCV03793 Wright V A1 Plumbing & Maintenance (2 days) Services Ltd & Anor TUESDAY 17TH DECEMBER, 2013 2010HCV03190 Beckford V Randle EB:MF&G Partheard (2 days) THURSDAY 19TH DECEMBER, 2013 PETITIONS 2013HCV04998 Dunrobin Plaza Ltd V CMP Home & Office Ltd Petition for Winding Up D-AG&ASSOC 2012HCV02314 Re: CICSA Jamaica Ltd Petition for Winding Up Shellards 2013HCV04370 Douglas V Francis & Anor Petition for Winding Up Company Kghn&Kghn 2012HCV04553 Re: Baker & Sons Construction Descaling Ltd Petition for Winding Up SB&B MOTIONS 2010HCV04604 Registrar of Companies V Banks Trucking Company Ltd Notice of Application for contempt of Court C&S 2007HCV04061 International Asset Services Ltd V Matthews Notice of Application for committal PP:N-BG&F Supreme Court Listing for the week 16th December 2013 Page 1 of 36 (To view the weekly court list please visit our website www.supremecourt.gov.jm.) N.B. The Christmas Term ends on the 20th day of December, 2013. Public Holidays are Christmas Day, Boxing Day and New Years Day – 25th, 26th December, 2013 and 1st January, 2014. The Court and Registry will be closed. The Hillary Term commences on the 7th day of January, 2014. ACTION MATTERS CONT’D 2009HCV01080 Kingston & St. Andrew V Lincolin Notice of Application for contempt of Corporation Court B&B-B:P&CO 2012HCV01892 Richards V The Attorney General of Notice of Motion for contempt of Jamaica Court BB&CO:DSP 2003HCV01213 Adams V Snipe Motion Hearing of Hearing for committal W&S C.L.2001/R000134 Robinson V Anderson UW&CO COURT V COR: THE HONOURABLE MRS. -
Free Cash Flow
FY21 Results 18 May 2021 Agenda & contents Highlights Nick Read p3 Chief Executive Financial Margherita Della Valle p8 performance Chief Financial Officer We connect for a better future Strategy Nick Read p22 update Chief Executive The new generation connectivity & digital services provider for Europe & Africa enabling an inclusive & sustainable digital society Appendices p41 FY21 Results May 2021 2 Highlights Resilient performance and back to growth Service revenue growth Adjusted EBITDA Free cash flow ⫶ 17 16 FCF Pre-spectrum & restructuring Ex-roaming & visitor revenue 6 15 1.5% 1.8% 1.7% €5.7bn 5 1.6% 14 €14.9bn €5.4bn 1.5% €5.0bn 1.0% €14.4bn €4.9bn 13 €13.9bn 4 €4.4bn 0.8% 0.8% 0.5% 0.7% 12 0.6% 0.4% 3 11 0.0% 33.1% 32.8% €3.1bn (0.4)% (0.2)% 10 31.9% 2 -0 .5% 9 1 -1 .0% (1.3)% 8 0 -1 .5% 7 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY19 FY20 FY21 FY20 FY20 FY20 FY20 FY21 FY21 FY21 FY21 FY19 FY20 FY21 • Good underlying • In-line with upwards- • In-line with guidance momentum sustained revised guidance • Good spectrum auction • ‘Lapping’ COVID impact • Strong progress with outcomes from Q1 FY22 efficiency programme mitigating COVID impacts • Total dividend maintained at 9c • Roaming impact of €0.4bn FY21 Results May 2021 3 Highlights Strong delivery of strategic priorities Deepening ⫶ Accelerating Improving Optimising customer digital asset the engagement transformation utilisation portfolio • 10th consecutive • Accelerated cost • Committed to network • Successful €2.2bn quarter of customer savings with €0.5bn sharing across Europe Vantage Towers IPO -
MTS Landmark® Testing Solutions Versatile, High-Performance Servohydraulic Systems for Static and Dynamic Material and Component Testing
l MTS Landmark® Testing Solutions Versatile, high-performance servohydraulic systems for static and dynamic material and component testing be certain. MTS LANDMARK SYSTEMS INTEGRATE THE LATEST IN MTS SERVOHYDRAULIC INNOVATION, VERSATILE FLEXTEST® CONTROLS, PROVEN MTS APPLICATION SOFTWARE AND A COMPLETE SELECTION OF ACCESSORIES TO PROVIDE HIGHLY ACCURATE AND REPEATABLE STATIC AND DYNAMIC TESTING ACROSS THE MATERIAL TESTING CONTINUUM. MTS Landmark Servohydraulic Test Systems Meet a full spectrum of static and dynamic material test requirements – now and well into the future Available in highly configurable floor-standing and tabletop models, these systems are ideal for testing components 3 and materials such as plastics, elastomers, aluminum, composites, steel, super alloys and more. Marking the optimization of the world’s most widely deployed servohydraulic testing technology, the MTS Landmark System delivers the high-performance and flexibility that MTS test systems are renowned for in a new highly stiff, ergonomic and easy-to-maintain load frame. » High cycle fatigue » Low cycle fatigue » Advanced low cycle fatigue » Fatigue crack growth » Fracture toughness » Crack propagation » KIc, JIc » Component strength and durability » Environmental testing » Thermal mechanical fatigue » Tension » Compression » Bending » Stress relaxation Material Testing Continuum 5 kN 25 kN 100 kN 250 kN 500 kN Force Range (1 kip) ( 5.5 kip) (22 kip) (55 kip) (110 kip) FLOOR-STANDING Range of Available Moderate High Very High Performance Material Strength Plastics Elastomers Aluminum Composites Steel Super Alloys TABLETOP Specimen Size Subsized Standard Medium Large A milestone in the long history of MTS material testing leadership and innovation, the MTS Landmark System is an amalgam of more than four decades of MTS servohydraulic testing 5 expertise, in-depth customer research and a world-class industrial design program.