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RHB Research ups Axiata fair value to RM5.75 from RM5.52

The Edge Malaysia | February 2, 2011 KUALA LUMPUR: RHB Research Institute said Axiata’s 67%-subsidiary, XL Axiata (XL) full year FY10 core net profit of Rp 3,035 billion (+>100% on-year) came in within its but above consensus full-year estimates at 104% and 107% respectively. It said...

ZTE announces preliminary financial results for 2010

ZTE | January 28, 2011 | Press Release (Hong Kong) – ZTE Corporation (“ZTE” or the “Group”) (H share stock code: 0763.HK / A share stock code: 000063.SZ) today announced its 2010 Preliminary Financial Results. Applying PRC ASBEs, during the year under review, the Group's revenue...

UPDATE 1-HTC sees Q1 revenue, shipments more than double

Reuters | Janaury 21, 2011 | Clare Jim * Sees Q1 revenue T$94 bln, shipments 8.5 mln units * Guidance quite conservative-analyst (Adds comment, details) TAIPEI Jan 21 (Reuters) - Taiwan's HTC Corp (2498.TW), the world's No.4 smartphone brand, expects revenue and shipments to more than...

M1's full-year net profit up 4.5% to S$157m – Singapore

Channel News Asia | January 19, 2011 | Rachel Kelly Singapore’s smallest operator M1 has announced a 4.5% increase in profits for the year ending 31 December 2010. The firm’s net profit after tax stood at S$157.1 million ($122.2 million). M1’s operating revenue went up 25.3%...

M1’s full-year net profit up 4.5% to S$157m – Singapore

Channel News Asia | January 19, 2011 | Rachel Kelly Singapore’s smallest operator M1 has announced a 4.5% increase in profits for the year ending 31 December 2010. The firm’s net profit after tax stood at S$157.1 million ($122.2 million). M1’s operating revenue went up 25.3%...

Quanta, 3M to broaden collaboration

Taipei Times | January 11, 2011 | Jason Tan NEW OPPORTUNITIES: Compal said that its revenues jumped 34 percent to NT$851.9 billion last year from NT$636.81 billion in 2009, after it shipped 48 million portable PCs Quanta Computer Inc (廣達電腦), the world’s largest notebook PC contract...

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...

Mobile Data Revenue to Triple in Peru as 3G Services Increase, Pyramid Finds

PR Newswire | January 6, 2011 | Press Release CAMBRIDGE, Mass., Jan. 6, 2011 /PRNewswire/ -- Due to low penetration rates, an expanding economy, deploying 3G networks, and declining smartphone prices, mobile data revenue is expected to triple over the next five years in Peru,...

Thailand's NTC targets 80% broadband coverage by 2016

Thailand's National Telecommunications Commission (NTC) has drafted the 2011-16 Universal Service Obligation (USO) plan, aiming to achieve broadband coverage for at least 80 percent of the population by 2016, up from the current 37 percent, reports The Nation. It will also offer the plan...

First ten months of 2010, total revenue of China's telecommunication sector reached 2.544 trillion

Dec. 9 (C114) -- According to a latest statistics released by the Ministry of Industry and Information Technology of China (MIIT), that from January to October, 2010 (a total of ten months), cumulative revenue of chinese telecommunication industry achieved 2.544 trillion ...