Ericsson has unveiled its financial results and, although the world's largest network equipment maker had reported a decline in sales in North America, Latin America’s sales increased 17% year-over-year and 23% sequentially, achieving US$ 781 million in the second quarter of 2011.
The results were...
Net income for the second quarter at Mexican fixed line incumbent Telefonos de Mexico SAB fell 11.8% from the year-ago period. Telmex’s revenue also dropped 2.9% from the year-ago period to 27.614 billions pesos (US$ 2.357 billions).
From April to June 2011, earnings were 11.074...
América Móvil’s net profit (earnings) of 24.1 billion pesos (US$ 2.1 billion) increased 14.1% in the second quarter of 2011, compared to the same period year earlier. Earnings were equivalent to 61 peso cents per share and US$ 1.04 per ADR. At the end...
NEC Corp., Japan’s biggest telecommunications equipment maker, is very optimist about Latin America. Its operations in countries such as Mexico, Brazil, Colombia and Chile is addressing important growth, and the region will play a crucial role to help NEC reach its goals. The company...
Sistema Shyam TeleServices | June 7, 2011 | Press Release
Sistema Shyam TeleServices Ltd. (SSTL), which operates its telecom services under the MTS brand in India, today announces its unaudited consolidated US GAAP financial results for the first quarter ended March 31, 2011.
Key Financial &...
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...
Huawei | April 18, 2011 | Press Release
A key focus on the expansion of enterprise and device businesses
Huawei Technologies Co. Ltd. ("Huawei"), a world-leading telecom solutions provider, today released its audited full-year 2010 financial results highlighted by sales revenues of CNY 185.2 billion,...
