Samsung forecasts a hefty 52% Q4 profit hike
Korean tech giant Samsung has issued earnings guidance for the final quarter of 2021, showing a likely 52% profit jump.
Telecoms.com
financial
TIM and Vodafone allegedly settled decade-long disputes
An Italian newspaper reported the two telco giants reached an out-of-court agreement to settle all disputes running back to 2012.
Huawei revenues dip 29% in third straight quarter of decline
Huawei has had its biggest-ever dip in revenue, from two years into Washington’s sanctions which battered both its network infrastructure and smartphone sales and the company’s crucial access to semiconductors.
Eurobites: Ethiopia to re-open bidding on second operator licence
Also in today’s EMEA regional round-up: MTN warns of H1 earnings fall; Orange combines with SSE Networks for improved maritime connectivity; Brussels looks into latest Facebook acquisition.
Rakuten defends its record and promises more disruptions
Japan’s disruptive greenfield operator has defended its underwhelming subscriber growth and declared it is prepared to disrupt more markets.
Vodafone bucks the trend to grow revenues and hold onto dividends
Growing revenues and profits while maintaining the dividend are three things which are not supposed to happen together amid COVID-19, but Vodafone has done it.
Samsung smartphone recovery overshadowed by semiconductor gloom
Samsung’s Q3 2019 numbers show improved performance in the smartphone business, but the semiconductor sector remains weak, which contributed to the 56% decrease in corporate level operating profit.
AT&T delivers bullish 3-year outlook after a mixed Q3 (Updated)
US telecom and media giant AT&T has reported a steady Q3, with revenues slightly down coupled with improved operation. A bullish 3-year outlook to further de-leverage is welcome news to the capital market.
Telefonica pairs up with Santander for banking 5G usecase
Telefonica Spain has announced a tie-up with Santander to launch a joint-innovation project to test out 5G applications in the banking sector.
UK is the tech start-up centre of Europe – research
A new report from Tech Nation has crowned the UK as the European hotspot for technology start-ups, and fourth worldwide for scale-up investment after US, China and India.
Facebook financial foray flops face first
Facebook has killed a feature which allowed users to pay connections through its Messenger app due to a lack of uptake.
Facebook hit with Italian fine as share buy-back ramps up
The Italian watchdog is the latest to slap a fine on Facebook for misleading and abusing consumer confidence.
Microsoft CEO and other execs offload $47 million of shares
It might be nothing, but it is always intriguing when major amounts of stock in public companies start shifting around, especially when it’s owned by senior executives of that same company.
AT&T marketing desperation wanders into realms of fantasy
AT&T has been making waves in the industry after a less than enthralling quarterly earnings call and a suspect advertising campaign stretches the boundaries of truth.
Orange Bank finally unveiled but initially only for France
It’s been a secret which was never really a secret, but Orange has finally taken the plunge, meandering into the world of mobile finance.
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