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Uninor Narrows Q2 Net Loss By 47%, Adds 1.3 Mn Subscribers
Telenor’s Indian arm Uninor has narrowed down its net loss by 47% for the second quarter of 2015 compared to the same period previous year. For Q2 2015, Uninor recorded a loss of Rs 70 crore compared...
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Bharti Infratel Q1 Net Up By 24%
Bharti Infratel, the telecom tower arm of Bharti Airtel, today posted net profit of Rs 576 crore for first quarter of 2015 ended June 30 compared to Rs 463 crore for the same period a year back,...
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Qualcomm Q3 Profit Down by 47%; Plans Restructuring
Qualcomm announced Q3 profit of $1.2 billion, down by 47 percent vis-a-vis Q3, 2014 profit of $2.2 billion. The third quarter fiscal revenue for Qualcomm was $5.8 billion which was down by 14 percent...
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Huawei’s Consumer Business H1 Revenue Grows By 69%
Huawei’s Consumer Business Group (BG) first half revenue in 2015 has grown by 69 percent to reach $9.09 billion. Huawei’s handset business revenue reached $7.23 billion in H1, 2015, recording a...
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AT&T Second Quarter Net Income Drops 14%
AT&T second quarter, 2105 net income dropped by 14 percent. Net income for the quarter was $3 billion compared to net income of $3.5 billion in the year-ago quarter. AT&T second quarter...
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Nokia Q2 Net Sales Jumps 9 Percent
Rajeev Suri, president & CEO, Nokia Nokia net sales in Q2, 2015 was up by 9 percent to reach EUR 3.2 billion vis-a-vis EUR 2.9 billion in Q2, 2014. Net sales was down by 1 percent on a constant...
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Facebook Q2 Net Income Down 9%; Revenue Up 39%
Mark Zuckerberg, founder and CEO, Facebook Facebook second quarter net income was down by 9 percent whereas revenue was up by 39 percent. The net income was $719 million in Q2, 2015 vis-a-vis $791...
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Alcatel-Lucent Q2 Revenue Up 5%
Michel Combes, CEO, Alcatel-Lucent Alcatel-Lucent second quarter 2015 revenue was up by 7 percent whereas net income was better at EUR -54 million from EUR -298 million in Q2, 2014. Positive free cash...
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HFCL Q1, 2015 Profit Jumps 62 Percent
Himachal Futuristic Communications (HFCL) Q1, 2015 profit jumped 62 percent to reach Rs 112.4 crore as compared to Rs 69.5 crore in the corresponding quarter of previous fiscal. HFCL is an integrated...
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Bharti Airtel Q1 Profit Jumps 40%; Mobile Data Grows 57%
Bharti Airtel Q1, 2016 profit jumped 40 percent to reach Rs 1,554 crore whereas revenue grew by 3.1 percent to reach Rs 23,671 crore. Airtel’s consolidated mobile data revenues at Rs 3,459 crore grew...
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Ericsson Reports 3% Growth In Q3, Thanks To Professional Services
Hans Vestberg, president and CEO, Ericsson Ericsson today reported 3 percent growth in YoY sales thanks to the growth in professional services. Sales, adjusted for comparable units and currency,...
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Bharti Infratel Q2 Net Profit Rises 25% to Rs 579 Cr
Bharti Infratel second quarter net profit increased 25 percent to reach Rs 579 crore whereas consolidated revenue increased 4 percent to reach Rs 3,038 crore. Consolidated EBITDA improved to Rs 1,308...
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Tata Communications Posts Rs 6.02 Cr Net Profit In Q2
Tata Communications today announced its financial results for the second quarter and posted Rs 6.02 crore net profit in Q2 FY2016. The company’s consolidated revenue stood at Rs 5,130.1 crore, up 1.2...
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Cisco Q1 Revenue Up 4% Reaches $12.7 Bn
Cisco today reported its first quarter revenue of $12.7 billion, an increase of 4 percent year over year. Net income on a generally accepted accounting principles (GAAP) basis of $2.4 billion or $0.48...
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ZTE’s Revenue Grows 23.8% In 2015
ZTE’s operating revenue has grown 23.8 percent in 2015 to reach RMB 100.83 Bn i.e. $15.32 billion from RMB 81.47 billion in 2014. For the first time ZTE’s annual revenue has exceeded RMB 100 billion....
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Ericsson’s 2015 Sales Grows 8 Percent Thanks To Chindia
Hans Vestberg, president and chief executive officer, Ericsson, receives the 2016 Hunger Hero Award Ericsson’s 2015 full year sales has grown by 8 percent to reach SEK 247 billion thanks to sales...
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Vodafone Q3 Revenue Up 2.6 Percent Reaches £10.3 billion
Vodafone Group Q3 total revenue was up 2.6 percent to reach £10.3 billion. Vodafone Group service revenue was £9.2 billion and was up by 1.4 percent. Total revenue declined 5.5 percent, including a 0.2...
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Bharti Infratel Q1 Net Profit Up By 71%
Bharti Infratel posted its first quarter results on Tuesday and the company’s net profit has grown by 71% on a yearly basis. For the June quarter the company registered net profit of Rs 756 crore as...
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Airtel Q1 Revenue Up 8%, Net Dips 31%
Bharti Airtel, country’s top operator, registered a revenue growth of close to 8% in its first quarter ended June 31 compared to the same period a year ago. In FY 2016 Q1 Airtel posted revenue of Rs...
View ArticleQualcomm Q4 Net Income Up By 51%
San Diego based Chip maker Qualcomm’s Q4 net income rose by 51% which the company termed as ‘above the high end of its expectations’. The company posted Q4 net income of $1.6 billion for fiscal 2016...
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