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UPDATE 2-Mexico's Telmex profit slumps 32 pct on tax hit

Reuters | February 3, 2011 | Michael O'Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds 291k line, adds 835k broadband, yr/yr (Adds detail on broadband subscribers) Billionaire Carlos Slim's  Telmex, Mexico's...

Fixed-line revenue still broken at Telstra

The Australian | February 7, 2011 | Mitchell Bingemann TELSTRA will this week reveal that the rot in its fixed telephony business has continued to drag down earnings, but analysts are more concerned with whether or not the seeds of its $1 billion turnaround strategy...

INTERVIEW: Telefonica net boosted by Brazilian Real – CFO

Wall Street Journal | February 4, 2011 | David Roman -- Hedges around EUR5 billion a year through forex derivatives -- Hedging principally relates to repatriation of cash from subsidiaries -- Aims to neutralize forex impact on repatriated cashflow over 18 months -- High-risk taking in forex markets...

Toshiba Q3 profit surges on smartphone boom, cost cuts

Reuters | January 31, 2011 | Isabel Reynolds (Reuters) - Japan's Toshiba Corp (6502.T) more than doubled its quarterly operating profit on booming sales of NAND flash memory chips and robust demand for LCD panels used in smartphones and tablets. But the sprawling conglomerate cut its full...

KT Corp. fourth-quarter profit misses estimates on costs for smartphones

Bloomberg | January 27, 2011 | Jun Yang KT Corp., South Korea’s largest phone and Internet company, reported fourth-quarter profit that missed analysts’ estimates after marketing and smartphone costs increased. Fourth-quarter net income was 105.1 billion won ($95 million), compared with a loss of 430.5 billion...

Nokia’s market share troubles to hit profits

Reuters | January 19, 2011 | Tarmo Virki (Reuters) - Nokia is expected to report its third profit fall in a row as the mobile phone company struggles to compete against high-end smartphones of Apple and Samsung, while also losing share at the cheaper end...

Nokia's market share troubles to hit profits

Reuters | January 19, 2011 | Tarmo Virki (Reuters) - Nokia is expected to report its third profit fall in a row as the mobile phone company struggles to compete against high-end smartphones of Apple and Samsung, while also losing share at the cheaper end...

Chunghwa Telecom profit gains on internet, tax cut

Business Week | January 10, 2011 | Tim Culpan Jan. 10 (Bloomberg) -- Chunghwa Telecom Co., Taiwan’s largest phone operator, posted a 1.6 percent increase in quarterly profit after a reduction in corporate taxes and higher Internet revenue offset a decline in telephony fees. Fourth-quarter net...