ZTE expects up to 80% fall in 1H profit
Chinese equipment maker says shar drop reflects sale of Nationz Technologies stake. Chinese telecommunications equipment maker ZTE Corp. said Friday it expects to...
Infosys disappoints with 33% profit rise, outlook cut
India's Infosys Ltd. Thursday reported a lower-than-expected net profit for its fiscal first quarter and cut its dollar revenue forecast for the year, leading...
Adtran Q2 net down 43% on higher costs
CEO Tom Stanton blames 'tightening spending environment' for profit dip, flat sales. Adtran Inc.'s second-quarter earnings fell 43% as the company's revenue declined...
Microsoft to record $6.2 billion goodwill writedown in Q4
Software giant says writedown largely result of 2007 acquisition of aQuantive. Microsoft Corp. said it will record a $6.2 billion goodwill writedown in...
TeliaSonera has acquired 85.6% of TEO
TeliaSonera, who launched a voluntary takeover bid to acquire all the outstanding shares in TEO LT, continues to purchase shares through open market transactions....
America Movil raises stake in KPN to 7.3%
Mexican telco bought more shares in four separate transactions. Mexican mobile giant America Movil late Monday said it has further increased its stake...
Telefonica to sell 4.56% China Unicom stake to parent
€1.13 billion deal will see Spanish incumbent lower its holding to 5.01%. Telefonica SA said Sunday it has agreed to sell a 4.56%...
Crest Financial reports 5.9% stake in Clearwire
Crest Financial Ltd. reported a 5.9% stake in Clearwire Corp., making it one of the telecommunications company's largest shareholders, and said it seeks to...
Berg Insight releases summary of mobile operator M2M subscriber data for Q1-2012
New market data from Berg Insight shows a sustained strong momentum for wireless M2M communication in the beginning of 2012. According to figures disclosed...
Defying sluggish global trend, Q1 mobile sales grow 16% in MEA
Defying signs of a global slowdown, sales of mobile devices in the Middle East and Africa rose 16% in the first quarter, fueled a...
