Financials
Financials
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 venture generated a loss of €207 million ($268.5 million) during the quarter compared to break...
Financials
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 using customers. The operator announced an 8.8% increase in operating revenue to S$1.06 billion,...
Financials
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 takes a comprehensive look at the mobile and wireless equipment markets, including vendor market share,...
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...
Financials
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...
Financials
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...
Financials
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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