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Google to sell entire Clearwire stake at $453m loss

Google Inc., an early investor in Clearwire Corp., said it would seek to sell its entire stake in the wholesale mobile broadband provider at...

NII Holdings swings to surprise Q4 loss on higher costs

NII Holdings Inc. swung to a surprise fourth-quarter loss as higher operating costs masked revenue and subscriber growth. Looking ahead, NII forecast 2012...

Nokia loses €1bn in Q4 2011

Nokia has suffered a large loss in its latest financial results, with the company’s operating profit dropping by €950 million in the fourth quarter...

Apple announces profits have doubled

Apple has announced its latest financial results for the first quarter of fiscal 2012, the three months running up to the end of December...

Sony Ericsson falls back into red in Q4

Sony Ericsson blames tough competition and the effects of flooding in Thailand for slipping back into the red during 4Q11. The handset joint...

Smartphone adoption boosts M1’s FY profit

Singapore's M1 has reported a 4.5% growth in 2011 profit to S$164.1 million ($127.4 million), largely as a result of an increase in smartphone...
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European Union sovereign-debt crisis having minimal impact on telecoms

Market research firm Infonetics Research today released excerpts from its third quarter 2011 (3Q11) 2G/3G/4G (LTE and WiMAX) Infrastructure and Subscribers report, which...

Cloud Computing Services Market to Reach US$127 Billion by 2017

Cloud computing is an emerging paradigm computing concept that enables both information technology infrastructure and software to be delivered directly over the Internet as a...

Airtel’s profits continue to be weighed down by Africa, 3G

Bharti Airtel's third-quarter profit was hit by high interest and amortization costs related to the mobile network operator's 3G rollout in India and its...

AT&T revenue down slightly, but net income up

AT&T's revenue was down slightly in the third quarter of 2011, compared to a year earlier, but net income rose by about US$400 million,...

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