Airtel’s Revenue Share at an All Time High of 33% in Q3 2016!

Despite Reliance Jio’s attempt to rake in as many customers as possible from Airtel, Vodafone and Idea, these three leaders have still continued to show positive results. Specifically Airtel has shown a growth in Q3 2016 as compared to the previous quarters. Bharti Airtel has grabbed the largest revenue market share amongst all telcos, at 33%, which is also a seven year highest for the company. In spite of a month overlap with Reliance Jio, the company realised a good market share over the last quarter. The analysts note that the reason Airtel has shown such strong results is because of the strength of swift data network rollouts and a superior 3G/4G spectrum mix. Airtel introduced its ‘Open Network’ policy that none of the other telcos, except Reliance Jio, bothered to release. As compared to the previous quarter, Airtel’s revenue market share(RMS) grew by 20 basis points(bps) to 33%. Compared to this, the RMS of Vodafone and Idea is 23.5% and 18.8%. Vodafone has shown a growth of 10 bps, while Idea has shown a decline of 50bps.

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Bend the Arc: A Jewish Partnership for Justice

Bend the Arc engages people and communities throughout the United States in creating economic opportunity and promoting social justice. We are building a national movement that pursues justice as a core expression of Jewish tradition. We invest to revitalize neighborhoods, organize in communities across lines of race and faith, and train Jewish and interfaith social justice leaders. Join us.

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Nonprofit Management

Popular Cloud Technologies for Nonprofits

Article | July 20, 2022

As the fiscal year draws to a close for many U.S. nonprofits, we have decided to spotlight some of the best cloud products we offer. Budgets can be tight at the best of times, and we know that many nonprofits are paying extra-close attention to their finances over the past several months. But cloud-based tools are a good investment for years to come in terms of flexibility, security, and the ease with which they can be used remotely.

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Nonprofit Management

Business Continuity Plans for Nonprofits

Article | July 29, 2022

Many organizations have found themselves in a “gotcha” moment. Business continuity plans are what nonprofits use to make sure operations are uninterrupted during unexpected circumstances. You knew that a business continuity plan was essential. Yet, you put it off because it didn’t seem urgent. Suddenly you are faced with a pandemic and you had to figure out how to operate when offices closed, people had to work from home, clients still needed services, and the board needed to make decisions. You aren’t alone. Many organizations face the same dilemma. How do you operate if there is a catastrophic situation that disrupts everything you do?

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Nonprofit Management

What You Post Matters! Tips to Grow Your Nonprofit’s Following

Article | July 14, 2022

Increasing the number of followers your nonprofit has on social media can bring awareness to your cause, result in more donations to your organization, increase event attendance, and much more. The larger your following, the more people see your content and calls to action. So, what’s the best way to gain followers? In short, it’s all about engaging content. What you post matters.

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How Nonprofits Can and Should Approach Machine Learning and AI

Article | May 26, 2020

Nonprofits can learn a lot about technology, operations, and more from companies in the for-profit sector. One technology that has been gaining popularity among c-level executives is machine learning and its contributions to modern Artificial Intelligence (AI). Since true AI — the ability for computers to process unstructured data, form conclusions, and take action — is not yet on the horizon of possibilities, machine learning models have become synonymous with AI.

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Spotlight

Bend the Arc: A Jewish Partnership for Justice

Bend the Arc engages people and communities throughout the United States in creating economic opportunity and promoting social justice. We are building a national movement that pursues justice as a core expression of Jewish tradition. We invest to revitalize neighborhoods, organize in communities across lines of race and faith, and train Jewish and interfaith social justice leaders. Join us.

Related News

Apple iPhone revenue slump results into CEO Tim Cook 15% salary-cut

Apple | January 07, 2017

Apple iPhone sales took a slump, which led to the company not meeting its revenue and profit target for the year 2016. The sales dip has made the Cupertino giant cut its CEO Tim Cook’s pay for year. Cook received $8.75 million (roughly Rs 57.88 crore) in total compensation for 2016, which was $10.28 million in 2015. Earlier, the $10.28 million (roughly) Rs 68.52 crore) pay was declined by the company when Cook assumed office in 2011. However the base salary of CEO rose 50 per cent, up to $3 million. “According to a regulatory filing on Friday, Apple said its annual sales of $215.6 billion were 3.7 per cent below its target of $223.6 billion, and its operating income of $60 billion was 0.5 per cent short of the $60.3 billion target,” The Wall Street Journal reported. Not only Cook, but Apple’s five-most senior executives also observed their total compensation going down for fiscal year 2016, each declining around nine per cent to about $22.8 million from $25 million in the previous year. The fall in revenues has been observed for the first time since 2001. Also this is for the first time when iPhone sales took a dip, ever since the first iPhone device was introduced in 2007.

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UPDATE 1-Vertex issues revenue outlook for cystic fibrosis treatments

Vertex | January 08, 2017

Vertex Pharmaceuticals Inc said on Sunday that it expected full-year 2017 revenue from its Orkambi cystic fibrosis treatment of $1.1 billion to $1.3 billion and revenue from its Kalydeco treatment of $690 million to $710 million. The company provided the outlook in a news release ahead of a presentation on Monday at the annual JPMorgan healthcare conference in San Francisco. The outlook for Orkambi appeared to be below expectations of brokerage firm analysts but closer to levels anticipated by institutional investors, Evercore ISI analyst John Scotti said in a research note after the announcement. The company said it expected later this month to report fourth-quarter Orkambi revenue of about $276 million. If that sales rate continues, the company will achieve at least the low end of its 2017 forecast, analysts at RBC Capital Markets said in a note.

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OCS Group targets Rs 1,000 crore revenue by financial year 2020

OCS | January 08, 2017

Facility management services firm OCS Group (India) expects its revenue to more than double to Rs 1,000 crore in the next three years. "The Bombay High Court has sanctioned the composite scheme of amalgamation and arrangement between Absotherm Facility Management and Cannon Hygiene (India) and OCS Group (India) to facilitate the formation of a single unified Indian entity of the global major OCS Group in facilities management.

Read More

Apple iPhone revenue slump results into CEO Tim Cook 15% salary-cut

Apple | January 07, 2017

Apple iPhone sales took a slump, which led to the company not meeting its revenue and profit target for the year 2016. The sales dip has made the Cupertino giant cut its CEO Tim Cook’s pay for year. Cook received $8.75 million (roughly Rs 57.88 crore) in total compensation for 2016, which was $10.28 million in 2015. Earlier, the $10.28 million (roughly) Rs 68.52 crore) pay was declined by the company when Cook assumed office in 2011. However the base salary of CEO rose 50 per cent, up to $3 million. “According to a regulatory filing on Friday, Apple said its annual sales of $215.6 billion were 3.7 per cent below its target of $223.6 billion, and its operating income of $60 billion was 0.5 per cent short of the $60.3 billion target,” The Wall Street Journal reported. Not only Cook, but Apple’s five-most senior executives also observed their total compensation going down for fiscal year 2016, each declining around nine per cent to about $22.8 million from $25 million in the previous year. The fall in revenues has been observed for the first time since 2001. Also this is for the first time when iPhone sales took a dip, ever since the first iPhone device was introduced in 2007.

Read More

UPDATE 1-Vertex issues revenue outlook for cystic fibrosis treatments

Vertex | January 08, 2017

Vertex Pharmaceuticals Inc said on Sunday that it expected full-year 2017 revenue from its Orkambi cystic fibrosis treatment of $1.1 billion to $1.3 billion and revenue from its Kalydeco treatment of $690 million to $710 million. The company provided the outlook in a news release ahead of a presentation on Monday at the annual JPMorgan healthcare conference in San Francisco. The outlook for Orkambi appeared to be below expectations of brokerage firm analysts but closer to levels anticipated by institutional investors, Evercore ISI analyst John Scotti said in a research note after the announcement. The company said it expected later this month to report fourth-quarter Orkambi revenue of about $276 million. If that sales rate continues, the company will achieve at least the low end of its 2017 forecast, analysts at RBC Capital Markets said in a note.

Read More

OCS Group targets Rs 1,000 crore revenue by financial year 2020

OCS | January 08, 2017

Facility management services firm OCS Group (India) expects its revenue to more than double to Rs 1,000 crore in the next three years. "The Bombay High Court has sanctioned the composite scheme of amalgamation and arrangement between Absotherm Facility Management and Cannon Hygiene (India) and OCS Group (India) to facilitate the formation of a single unified Indian entity of the global major OCS Group in facilities management.

Read More

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