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Mobile proves a drag on Sony profit — to the tune of $1.6B

Sony made a much bigger loss during its fiscal second quarter compared to a year earlier after being …

Twitter profit remains elusive as mobile contribution increases

Twitter announced yet another net loss for the third quarter, despite improving revenue during the …

Twitter reports larger Q2 loss despite mobile impact

Twitter reported a widened loss despite increasing revenue during the second quarter, with mobile continuing …

MTS hit by US1B Uzbek writedown

Russia-based operator group MTS reported a second quarter net loss after being forced to write down more than US$1 billion as a result of its operations in Uzbekistan being terminated.

Sony losses mount; 10,000 job cuts rumoured

Sony Mobile parent company Sony Corporation has reported a JPY520 billion (US$6.4 billion) net loss for the financial year ending in March 2012, amidst reports that it plans to cut around 10,000 jobs across the business

Mobile subscriber boost fails to prevent Telekom Austria loss

Austria-based operator group Telekom Austria achieved a 5.7 percent growth in its mobile customer base in 2011 but still made a substantial loss

Clearwire narrows losses in Q3

US wholesale operator Clearwire narrowed its net loss by 39.2 percent to US$84.8 million during its third quarter