financial results

Huawei revenue decline slows in H1 2022

The Chinese telecommunications vendor Huawei has announced a slight slowdown in the decline of its revenue results for H1 2022, a first since the 2020 US imposed sanctions.

IOH reports solid Q2 results

Indonesia-based telco Indosat Ooredoo Hutchison (IOH) reports healthy financials in Q2 2022, including revenues up 7.2% QoQ, EBITDA up 9.5% QoQ, and EBIDTA margin reaching 41.2% in the second quarter.

Non-wireless business propels Nokia to improve outlook

Nokia slightly improved its full-year outlook after delivering a healthy quarter, driven mainly by its network infrastructure and licensing business groups, partly offset by weakness in the mobile networks business.

Rakuten Mobile loss almost doubled in Q2

Operating loss incurred at Japan’s challenger operator increased by 85% in Q2 to reach $900 million, which the company attributed to aggressive investment in network rollout and rising roaming cost.

BT loses 7% of revenues to COVID-19

BT has reported its financial results for the three-month period to June 30, with the revenues taking a 7% decline due to the impact of the coronavirus.

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