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Indian device makers cut output

Indian mobile phone makers slashed working hours and output amid a slowdown in device sales caused …

SingTel boosted by one-off gains

Singapore-based operator group SingTel reported an increase in second quarter net profit despite recording a drop in group revenue compared to the same quarter in 2011.

Zain reports 7% profit boost despite currency losses

Kuwait-based operator group Zain has reported a 7 percent increase in net income for the first nine months of 2011 compared a year previously, despite US$100 million-worth of losses due to currency fluctuations