financials

Lack of brotherly love leaves RCom circling the drain

It’s a tale of two billionaire brothers having very different experiences in the telco space. Reliance Jio is flying high, its quarterly report implies Reliance Communications is dying a slow and painful death.

Ain’t no party like a Softbank party

Not even the end of its relationship with Deutsche Telekom could dampen spirits at the Softbank party, as the team reported $3.46 billion in profit, up 21% year-on-year, for the last quarter.

Apple bags $52 billion with more to come at Xmas

What do you get when you sell more iPhones, iPads and Macs than ever, as well as the highest ever number of subscribers for your services products? A massive pile of cash, that’s what.

Telenor tightens the purse strings

The team claim to have shaved 1 billion kroner (roughly €105 million) of fat across the business, but it doesn’t want to stop there.

MTN releases mixed bag for quarterlies

South Africa-based telco MTN has released its quarterly figures, and while it is not a complete disaster, things could certainly have gone better.

T-Mobile train thunders through Q2

T-Mobile has continued to defy global trends of a slowdown as it reports another quarter of 1 million net adds as consolidation rumours continue to swirl.

TalkTalk talks up Business business

TalkTalk delivered mixed news at its end of year financial report as the fixed operator continues to recover from last year’s hefty cyber attack, claiming impressive growth in its Business business.

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.

Telecom Italia reports first profit since 2010

Telecom Italia has posted its 2014 full year results showing the telco achieved profits for the first time in three years. This follows the operator’s recently announced three-year strategic plan, under which it plans to invest some €14.5 billion to modernise its network infrastructure.

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