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    America Movil Q3 profit hit by higher taxes; mobile data growth s... Edit Post

    America Movil, the largest telecoms group in Latin America, blamed a higher tax bill and rising service costs for its 39.3 per cent year-on-year slump in Q3 net income, to MXN10.1 billion ($746 million), yet mobile data remains a bright spot with stable growth – “over the last several quarters” – of around 15 per ...
  • FDD-TDD

    China Unicom, Telecom seek additional TDD-FDD trials -- report Edit Post

    China Unicom and China Telecom reportedly have applied to the country’s Ministry of Industry and Information Technology (MIIT) for a third batch of hybrid (TDD-FDD LTE) 4G network trials that would extend coverage to a total of 237 cities. C114.net reported today that the operators are seeking additional trials since the approved 4G coverage in 40 cities ...
  • amazon-fire

    Amazon takes $170M charge on Fire phone Edit Post

    Amazon has taken a $170 million charge related to its Fire smartphone business, amid reports the device has failed to find buyers. In a Q3 conference call, Tom Szkutak, its CFO, said this was primarily related to “Fire phone inventory evaluation and supplier commitment cost”. The retail giant announced its debut smartphone in June 2014, and it features ...
  • ZTE Logo

    ZTE’s Q3 profit jumps 191% as handset sales surge Edit Post

    ZTE’s Q3 net profit soared 191 per cent to CNY703 million ($114 million), as a 40 per cent jump in handset sales helped fuel a 24 per cent increase in total company revenue to CNY21.1 billion. The Shenzhen-based company said it also had strong revenue growth in 4G network gear. Key growth markets were Europe, North ...
  • China Unicom

    China Unicom net profit up 26% despite revenue dip Edit Post

    China Unicom’s profit increased 26 per cent to CNY10.6 billion ($1.7 billion) in the first nine months of the year while revenue declined 2 per cent to CNY215.3 billion. Service revenue during the period was up 5.3 per cent to CNY186.8 billion. Mobile broadband revenue increased 24 per cent to CNY80.4 billion, and now accounts for ...

  • jan_frykhammar_175x175

    Ericsson sales rise as currency shifts hits profitability Edit Post

    Ericsson saw sales increase in the third quarter, driven by increased activity in its networks business, although profit suffered as the result of the Swedish krona losing value to the US dollar. Sales for the period were SEK57.6 billion ($7.94 billion), representing a 9 per cent year-on-year increase and 5 per cent improvement on the prior ...
  • Oettinger

    Incoming EU digital chief wants rules that help operator profits Edit Post

    New EU digital chief, Guenther Oettinger, called for measures to boost the bottom line of Europe’s operators and IT companies, said Handelsblatt. “In the future, it must again be allowed for companies to make a fair profit,” said Oettinger (pictured). This improvement to margin could partly be achieved through the regulation of “network fees”, he suggested. His calls ...


  • Ramon Fernandez

    Orange reports slowing revenue decline; wants French consolidation Edit Post

    Orange saw Q3 revenue decline by 2.3 per cent to €9.8 billion, an improvement on recent quarters. Meanwhile chief financial and strategy officer Ramon Fernandez said the operator remains “very attentive” to possible M&A in its domestic market. Revenue decline slowed compared with Q2 (3.4 per cent) and Q1 (3.8 per cent), thanks primarily to better ...