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Mediobanca net profit down 73% on Telco, loan losses

Telecom Italia parent reported €1 billion loss on nine months ended 31 January. Italian merchant bank Mediobanca SpA Wednesday reported a 73% drop in net...

Evolving Systems Q1 net down 19%

Firm declares new special dividend of $1.70, costing it approximately $19.3 million. Evolving Systems Inc.'s first-quarter profit dropped 19% as the networking-services company's year-ago period...

Globe Telecom Q1 net profit falls 10%

Philippine-based telco says 2012 is a year of investment in customers, networks, processes. Globe Telecom Inc., the country's second-largest telecommunications company by revenue, said Tuesday...

Rogers Q4 net up 8%, boosts dividend

Rogers Communications Inc. said fourth-quarter earnings rose 8% and revenue edged up 1% as new smartphone customers continued to grow. The Toronto-based communications...

IHS expects sales of chipsets for tablets to reach $18.2 billion in two years...

Comtech Telecommunications Corp.'s fiscal second-quarter earnings fell 64% as the seller of radio-frequency amplifiers used in aircraft communications continued to see its revenue drop....

Telekom Malaysia Q4 profit rises 49%

Malaysian state-owned fixed-line operator Telekom Malaysia Bhd. said Friday it plans to distribute a total of MYR1.42 billion ($472.2 million) to shareholders after it...

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...

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