IBM continues down the road to recovery
Rome wasn’t built in a day, and IBM’s readiness for the connected era certainly took some time, but another solid quarter perhaps demonstrates the corner has finally been turned.
Telecoms.com
results
Sprint sees $874m quarterly operating loss
US operator Sprint has posted an operating loss of $874m for the quarter ended June 30, 2013. The figure takes into account non-cash charges of $623m related to the shutdown of the Nextel iDEN platform. Accelerated depreciation of assets also accounted for approximately $430m of the loss.
Vodafone posts stagnant profit for full-year
UK-based carrier Vodafone revealed stability in its operations over the full year to end March 31, but recorded negligible growth.
MetroPCS Q1 results beat analyst expectations
Things are looking up for MetroPCS as it continues to roll out its LTE network. The operator, which was the first US network to launch LTE, has announced record first quarter results of US$285m, an increase of approximately 28 per cent over first quarter of 2010.
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