Archive August 16, 2019

How to cut the cost of a data breach

IBM’s Wendi Whitmore explains why a data breach isn’t a one-time cost and recommends cost-saving tips, which include having access to an incident response team.

Swisscom sticks to FY guidance as Q2 revenue falls but EBITDA grows

(Telecompaper) The Swisscom group said its outlook for the full year remains unchanged as its operating results were within expectations in the first half of 2019. Second quarter group net revenue fell by 4 percent to CHF 2.80 billion from CHF 2.92 billion a year earlier but EBITDA rose to CHF 1.12 billion from CHF 1.09 billion a year earlier.

United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth

(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it’s also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business.