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iPhone 5 first weekend sales crosses five million mark

Apple on Monday said that it has sold over five million of its new iPhone 5, just three days after its launch on...

Oracle Q1 profit up 11% on improving software revenue

Company expects SaaS division to generate $1 billion in annual sales. Oracle Corp.'s fiscal first-quarter earnings climbed 11% as...

Partner Communications Q2 net drops 42% on subscriber exodus

Israeli operator hit by tougher competition; warns of workforce 'adjustment'. Partner Communications Co.'s second-quarter earnings dropped 42% on increased competition...

Telstra full year profit up 5.4%, mobile customers grow

Australian incumbent benefits from rival Vodafone Hutchison's subscriber exodus. Telstra Corp., Australia's largest telecoms company by market value, Thursday reported a 5.4% rise...

SK Telecom Q2 net drops 74% on lower phone fees, higher marketing costs

Analysts expect earnings to improve through remainder of year as high-speed broadband service boosts ARPU. SK Telecom Co., South Korea's largest mobile carrier...

Telecom Argentina 1H profit up 1%

Value-added services contribute to 21% revenue rise. Phone company Telecom Argentina SA said Tuesday its first-half net profit rose 1% to 1.29 billion...

Texas Instruments Q2 net down 34%

Texas Instruments Inc. reported a 34% decline in second-quarter profit and predicted soft third-quarter results, saying an uncertain economic climate is leading to caution...

Kuwait’s Wataniya posts 49% fall in Q2 profit

Wataniya, Kuwait's No. 2 telecoms operator, reported a 49 percent drop in second-quarter profit on Monday, hit by foreign exchange losses from its Algeria...

Vodafone India Q1 revenue falls to Rs 8966.7 crore

Vodafone Group PLC, Europe's largest mobile phone company, said on Friday that revenue fell by 7.7 per cent in the three months ending June...

Reliance Communications scraps undersea assets IPO

Reliance Communications Ltd. on Friday pulled the initial public offering of a unit that holds its undersea cable assets, adding to a string of...

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