While many mobile devices makers, such as Apple and Samsung, are seeing record sales and ever-increasing revenues, Canadian firm Research In Motion are in the midst of a pronounced downward slide, which has today seen them announce a management restructuring and large-scale redundancies totalling around 11% of their workforce.
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...
Telefónica Peru confirmed its plan to invest US$ 1.5 million in the country during its financial results. According to a statement, investments from Spanish Telefónica group increased 13% in first half this year compared to the same period a year ago.
However, its revenue during...
Nokia has been having a hard time of it recently. The firm's floundering smartphone products have been almost completely eclipsed by efforts from Apple and Google, and now the once-king of the handset finds itself shedding marketshare at an alarming rate.
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...
Yesterday Apple held their quarterly earnings call to announce their revenues for the last three months and, somewhat unsurprisingly, they managed another quarter or massive growth, huge profits and all-round good times.
Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T's 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April 2011. Now, Alfa is now the sole shareholder of Alestra.
The transaction was approved by...
Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T's 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April 2011. Now, Alfa is now the sole shareholder of Alestra.
The transaction was approved by...
DigiTimes | July 11, 2011 | Ninelu Tu, Adam Hwang
Taiwan-based EMS provider Foxconn (Hon Hai Precision Industry) had non-consolidated revenues of NT$228.401 billion (US$7.9 billion) for June growing by 13.88% on month and by 15.70% on year.
Read the full article here...
DigiTimes | July 11, 2011 | Monica Chen, Adam Hwang
Taiwan-based vendor Asustek Computer generated non-consolidated revenues of NT$28.260 billion (US$978 million) for June, a 16-month high, while ODM Pegatron Technology's June consolidated revenues of NT$45.64 billion were a new monthly record,...
RIM's continued slowdown was laid bare in the company's quarterly earnings call yesterday, where the Canadian smartphone maker dished out their latest figures, which included lower-than-expected revenue, and bad news for those looking for a 4G Playbook.
Reuters | May 26, 2011 Â |Â Hyunjoo Jin
(Reuters) - KT Corp , South Korea's top telecom firm, said on Thursday that it and its affiliates aimed to generate nearly half of their revenues from "non-telecom" areas by 2015, up from 27 percent last year.
.....
Read full...
Reuters | May 26, 2011 Â |Â Hyunjoo Jin
(Reuters) - KT Corp , South Korea's top telecom firm, said on Thursday that it and its affiliates aimed to generate nearly half of their revenues from "non-telecom" areas by 2015, up from 27 percent last year.
.....
Read full...
Telefonica | May 13, 2011 | Press Release
The Company’s commercial focus on higher-value customers led to an 6% increase in the customer base to 290 million accesses,  with significant improvements in the contract mobile segment and growth businesses
TELEFÓNICA’S REVENUES ROSE 10.8% IN THE FIRST QUARTER OF 2011...
Telefonica | May 13, 2011 | Press Release
The Company’s commercial focus on higher-value customers led to an 6% increase in the customer base to 290 million accesses,  with significant improvements in the contract mobile segment and growth businesses
TELEFÓNICA’S REVENUES ROSE 10.8% IN THE FIRST QUARTER OF 2011...
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.
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...
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,...
Hot on the heels of Google's earnings call at the beginning of the week, today was Apple's turn to publish their figures and, surprise surprise, they beat expectations and sold a whole load of bushed aluminium to mobs of doe-eyed consumers.
Yep, it's quarterly earnings season again. Google are usually first out of the gate with their numbers, and as expected they dished the dirt yesterday on the absolutely obscene amounts of money they've been making across the board. However the announcements were marred slightly by Google not managing to match analysts' forecasts.
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...
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...
Bloomberg | February 4, 2011 | Mariko Yasu
Sony Corp. rose the most in more than a week in Tokyo trading after Japan’s largest exporter of electronics reported third-quarter profit that exceeded analyst estimates.
The stock climbed 1.8 percent to close at 2,919 yen on the...
