revenue

Huawei returns to growth

Chinese tech giant Huawei has announced its revenues for the first three quarters of the year, which indicate a return to growth.

Nokia Networks Q4 boosted by strong North America sales

Nokia has reported its results for Q4 and the full year 2014 showing growth in the networks business aided by strong sales in the North American market. The kit maker’s services also returned to year-on-year growth for the first time since the final quarter of 2012.

ZTE almost doubled profits in 2014

Chinese telecom kit vendor ZTE has announced preliminary full-year financial results showing 94.2% increase in in net profits for 2014. However, the firm’s annual revenue is expected to grow at a more modest rate with an 8% increase compared to 2013.

$47 billion global mobile operator revenue boost untapped – report

Mobile operators could boost annual global data revenues by $47 billion through brushing up their upsell strategies, according to a report by BSS solution provider Openet. The report said telcos should have a system in place which, by taking into account the customer context, automatically triggers the most relevant offer to be sent to the customer device, allowing the immediate purchase and activation of the product.

4G capacity demand drives Ericsson Q2 recovery

Network infrastructure vendor Ericsson has reported Q2 earnings down 1% from the year-ago quarter, but up 13% from Q1. “Sales in the quarter year-over-year were driven by growth in the Middle East, China and India, as well as continued capacity business in North America,” said Ericsson CEO Hans Vestberg.

LTE to account for one third of operator revenue by 2017, says report

LTE will account for 31 per cent of all mobile service revenues by 2017 according to a new report from Juniper Research. The report says that, by 2017, global LTE revenues will exceed US$340bn compared to US$75bn in 2013 and nearly 70 per cent of this will be generated by the North America, Far Eastern and China markets.

Small cells star in LTE market

The LTE equipment market is set for some impressive growth in the next few years according to a report from market research firm Dell ‘Oro Group. The new report states that as a whole the LTE equipment market will enjoy a compound annual growth rate of 81 per cent over the next five years, hitting US$8bn by 2015. Revenue from small cells will be a major contributor to that, the report states, representing 9 per cent of the total LTE enode B revenue, as operators begin to actively employ picocell technology.

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