Baidu advertising revenue slides
Chinese internet giant Baidu booked a net loss in Q1, as Covid-19 (coronavirus) restrictions slowed …
Axiata bottom-line hit by forex losses
Axiata Group’s top-line in Q1 benefited from growth across all its operating units except its …
Iliad credits sizeable investments for positive Q1
Disruptive operator Iliad Group highlighted the continuation of what it described as a solid growth …
Xiaomi bemoans shortages as Q1 shipments drop
Smartphone brand Xiaomi recorded sizeable drops in shipments and smartphone revenue in Q1, as a …
Tencent targets cost squeeze to fend off challenges
Chinese internet giant Tencent registered a drop in profit in Q1, as gaming revenue was …
True losses widen as costs rise
Thailand-based True Corp highlighted cautious consumer spending, a slow macroeconomic recovery and fierce competition pressuring …
LG Uplus profit hit by lower handset sales
South Korean operator LG Plus blamed flat revenue in the opening quarter of 2022 on …
Deutsche Telekom raises outlook on US momentum
Deutsche Telekom continued growth at the start of 2022, with net income and revenue boosted …
MTN boosted by data, mobile money growth
Increased adoption of data and financial services helped propel MTN Group service revenue in Q1, …
Starry to seek more capital to fund growth
US-based fixed wireless access (FWA) service provider Starry Internet revealed it added 8,017 customers during …
