Huawei boasts 30% growth in sales revenue

Chinese kit vendor Huawei has announced its first half 2015 sales results, laying claim to a growth in sales revenue of CNY 175.9billion ($28.32bn), an increase of 30% year-on-year.

Vodafone optimistic on strong demand for data

UK operator giant Vodafone was keen to highlight its steady progress when announcing its latest quarterly and full year earnings, focusing on organic growth, investment and untapped market potential.

Profits plummet at Nokia Networks

Finnish telco Nokia’s Q1 2015 earnings report revealed a dramatic decline in profits from its core networking operations. While Nokia Networks revenues were up 15% year-on-year, operating profit was down a massive 61%, with the Mobile Broadband division registering a loss of €3 million.

Chinese mass market iPhone adoption drives strong Apple quarter

US tech giant Apple continued to ride the popularity of its new iPhone 6 models to another very strong quarter. Apple sold 61.2 million iPhones globally in the March quarter, which was 40% more than the year-ago quarter and generated 55% more revenue, implying improving margins too.

EE talks up Q1 4G and broadband subscriber gains

The UK’s largest mobile operator by subscriber count – EE – has announced Q1 revenues that were broadly flat year-on-year. Within that, however, EE continued the healthy growth of its 4G subscriber base and also added 50,000 broadband subscribers.

Vimpelcom Q1 profit down by 90 per cent

Amsterdam-headquartered operator Vimpelcom, which has operations in Russia, the CIS as well as Algeria, Bangladesh, Italy and Pakistan, has reported a 90 per cent year-on-year dive in net profit for the first quarter of 2014. Revenue was down ten per cent to $5.02bn, while profit for the quarter sat at $39m, down from $408m for the first quarter of 2013.

Telenor hails encouraging quarterly performance

Norwegian operator group Telenor has seen its revenue in 1Q14 grow 7.2 per cent year on year to reach NOK26.5bn ($4.48bn), up from NOK24.7bn in 1Q13. The group’s adjusted operating profit also grew 11.9 per cent year on year from NOK4.99bn in 1Q13 to NOK5.58bn in 1Q14.

T-Mobile USA reports subscriber growth as Sprint takeover rumours gather momentum

US operator T-Mobile has claimed to have taken “virtually all of the industry phone growth” in 1Q14 winning market share from its competitors in the process, reporting total net subscriber additions of 2.4 million. However, the operator recorded a $154m loss in the quarter, compared to a $106m profit in the first quarter of 2013.

KPN reports 98% drop in net income

European operator group KPN reported a whopping 98 per cent year on year drop in net income for the quarter to the end of March. The operator blamed intense competition in its mobile markets leading to decline in ARPU and competitive pressure in the business environment for the steep decline in profitability.

EE sees quarterly revenue drop but strong 4G subs growth

UK operator EE has posted a year on year drop in revenue for the first quarter of 2014 but said that it saw the highest number of new 4G subscribers during the quarter. The firm’s revenue for the quarter fell 3.6 per cent year on year to reach £1.55bn; the operator did not divulge the size of its quarterly profit or loss.

Apple impresses with quarterly performance

Device manufacturer Apple continued with an impressive financial performance for the quarter to end-March, generating revenue of $45.6bn for the period, as well as net profit of $10.2bn.


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