Wall Street Journal | May 6, 2011 | Giada Zampano
ROME (Dow Jones)--Telecom Italia SpA (TI) Friday confirmed its full-year targets despite a sharp fall in first-quarter net profit, as a strong performance in Brazil and Argentina failed to offset continued weakness in its domestic...
Alcatel-Lucent | May 6, 2011 | Press Release (Highlights)
Alcatel-Lucent released it's first quarter 2011 earnings.
Key Highlights:
Alcatel-Lucent continues its momentum into 2011 with a strong start to the year: 15% top line year-over-year growth in Q1’11 & positive adjusted operating profit
KEY NUMBERSÂ FOR THE FIRST...
As I sat listening to a series of presentations by successful entrepreneurs at the University of Texas’s AT&T Conference Center in Austin for Texas Venture Week today, it became increasingly obvious that one particular factor was key to their success....
MarketWatch | May 4, 2011 | Carla Mozee
LOS ANGELES (MarketWatch) — Mexican stocks dropped Wednesday, with shares of market heavyweight America Movil SAB extending losses and ending at an eight-month low following a court ruling about telecom industry fees.
Mexico’s IPC equity index XX:IPC -0.95% fell 1%...
In News Corp.'s quarterly earnings call yesterday there was good and bad news for the media giant - although mostly bad. TV revenues grew, movie revenues were reasonable, however Murdoch's online division, which includes the likes of MySpace and The Daily, lost a massive $165 million in the first three months of the year.
Spiceworks | April 28, 2011 | Press Release
Adams Street Partners and Tenaya Capital Lead Growth Investment Financing Round
AUSTIN, Texas – April 28, 2011 – Spiceworks™, Inc. today announced it has closed a $25 million financing round with new investors Adams Street Partners and Tenaya Capital...
The Hindu Business Line | May 2, 2011
To invest Rs 1,000 cr this year
NEW DELHI, MAY 2:Â Spice Mobility Ltd on Monday announced that it will invest Rs 1,000 crore in the current financial year in a bid to reposition itself as a mobile Internet...
Hindustan Times | April 29, 2011
Research In Motion has sharply cut its quarterly profit forecast, citing sluggish sales of BlackBerry smartphones, which are facing security concerns in India and the Middle East as well as stiff competition from other mobile phone makers. The announcement,...
Wall Street Journal | April 27, 2011 | Polly Hui, Kate O'Keefe, Fiona Law
HONG KONG—Hong Kong's dominant fixed-line operator, PCCW Ltd., said Wednesday the Hong Kong bourse rejected its plan to carve out its telecommunications business in the form of a listed business trust,...
MercadoLibre | April 27, 2011 | Press Release
BUENOS AIRES, Argentina, April 27, 2011 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) intends to release financial results for its first fiscal quarter ended March 31, 2011 on May 4, 2011 after the close of the day's...
NII Holdings | April 28, 2011 | Press Release
Company achieves record level of Operating Income Before Depreciation and Amortization
- Net subscriber additions of 403,000
- Consolidated operating revenues of $1.62 billion
- Consolidated operating income before depreciation and amortization (OIBDA) of $431 million
- Consolidated operating income...
LIMA (Dow Jones)--Peru's largest telecommunications company, Telefonica del Peru SAA (TELEFBC1.VL), reported first-quarter net profit of 201.1 million soles ($70 million) compared with PEN154.7 million in the same period of the previous year.
The increase was due to reduced costs.
.....
Read full article here via Wall...
The Hindu | April 27, 2011
Wipro on Wednesday announced that it had posted consolidated revenues of Rs.31,099 crore, an increase of 15 per cent over the previous year. The company posted a net profit of Rs.5,298 crore, an increase of 15 per cent over...
Wall Street Journal | April 13, 2011 | Taos Turner
BUENOS AIRES --Argentina's government increased its sway over dozens of companies through a presidential decree on Wednesday, a move that will grant the administration a larger influence in some of the key sectors of the...
Reuters | April 22, 2011 |Â Hyunjoo Jin
(Reuters) - KT Corp , South Korea's top fixed-line and No.2 mobile company, is in talks to sell its Russian unit New Telephone Company (NTC), its chief executive said on Friday.
"We are in talks to sell the business,"...
The Star | April 23, 2011 | Leong Hung Yee
KUALA LUMPUR:Â Celcom Axiata Bhd expects high subsidy on smartphones will put a dent on its earnings before interest, tax, depreciation and amortisation (EBITDA) margin.
“It (subsidy) will put a pressure on our ebitda margin but we...
Brightpoint | April 20, 2011 | Press Release
INDIANAPOLIS, April 20, 2011 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL), a global leader in providing supply chain solutions to the wireless industry, today announced the successful completion of its strategic investment in Intcomex, Inc. by its wholly-owned Miami-based subsidiary, Brightpoint Latin America, Inc. ("Brightpoint Latin America")....
Reuters | April 18, 2011 |Â Joseph Radford
(Reuters) - Troubled Tokyo Electric Power Co. (9501.T) said on Monday it is mulling the sale of stock holdings and real estate, but said it has not decided whether to offload its shares in Japan's No. 2 mobile...
Telefonica | April 13, 2011 | Press Release
The company reiterates its commitment to pay a dividend of €1.75 per share in 2012 and announces a minimum annual shareholder remuneration target of €1.75 per share from 2012.
Madrid-London, 13 April 2011.- Telefónica today announced its shareholder...
Bloomberg | April 13, 2011 |Â Manuel Baigorri
Telefonica SA (TEF), Spain’s former phone monopoly, forecast revenue growth of at least 1 percent annually through 2013 and budgeted as much as 27 billion euros ($39 billion) in spending as part of its Latin American push.
Group sales...
Reuters | April 12, 2011 |Â Bharghavi Nagaraju
(Reuters) - India's top three technology firms are likely to post strong quarterly profit and indicate robust revenue growth for the year ending March 2012 as overseas clients boost technology spending in an improving global economy.
However, salary increases...
Wall Street Journal | April 11, 2011 | Kenan Machado
Mumbai--Singapore Telecommunications has increased its stake in India's Bharti Airtel through the purchase of 2.83 million shares for 934 million rupees.
In a filing to the Singapore Stock Exchange, SingTel said a wholly owned uni --...
Economic Times | April 8, 2011 | Deepali Gupta
MUMBAI: Vodafone's $5-billion deal to buy out Essar in India's third-largest mobile phone company may run into trouble with the local partner seeking $600-700 million more for its 33% holding.
Essar group, known for its strong-arm negotiation...
