Saturday, August 23, 2025

Financials

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 service. This arrangement, whereby companies can expand network capacity, and run applications directly on...

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 acquisition in Africa. Revenue for the quarter was about 173 billion rupees (US$3.5 billion), up...

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, on a comparable basis, driven by strong growth in its mobile and broadband divisions. AT&T...

Cisco profit fell one-third in Q4

Cisco's profit in its fiscal fourth quarter fell about one-third from a year earlier, while its sales increased only 3.3 percent, the company reported on Wednesday. Net income in the fourth quarter ended July 30 was US$1.2 billion,...

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