Financials

CITIC Telecom International Holdings Limited, a leading international integrated telecommunications and information and communications technologies services provider in Asia, reported profit attributable to equity shareholders of HK$1,023 million for the year ended 31 December 2020, representing a year-on-year increase...

Accenture will also be better positioned to enhance 5G network capabilities in Spain and Portugal In an effort to bolster is 5G network capabilities, Accenture has acquired Arca, a Spanish engineering services company with a focus on network operations and...

IT major Accenture has announced the acquisition of Byte Prophecy, a little known AI startup based out of India’s industrial town of Ahmedabad. Byte Prophecy has developed a highly sophisticated enterprise solution that provides AI powered insights and data...

Meriplex Communications, a managed IT and SD-WAN solutions provider specializing in intelligent networks, cybersecurity, cloud communications, and managed services, announces its acquisition of Dallas-based telecommunications company, Vergent Communications on May 1, 2020. Vergent Communications, originally founded in 1992 as Fluent...

Ericsson's financial report for the fourth quarter and full-year of 2019 will be published at approximately 7:00 AM CET on January 24, 2020. The company will issue a press release with the complete financial report attached, including tables, in PDF...

MTN announced its Asset Realisation Programme (“ARP”) in March 2019 which aims to simplify its portfolio, reduce debt and risk, improve returns and realise proceeds of at least R15 billion over three years. Following on the proceeds raised from the...

Google Cloud has announced the acquisition of CloudSimple, a California-based provider of software to help organisations run VMware workloads in the cloud. The move expands on the companies’ existing partnership and will enable Google to bring forward a fully integrated...