Posts Tagged ‘ profit ’

China Telecom to Start IPhone Sales With Subsidy That May Crimp Profit

China Telecom Corp. (728) , the nation’s third-largest mobile phone company, starts sales of Apple Inc. (AAPL) ’s iPhone today, drawing subscribers with subsidies the company has said may crimp profit. (here is the story…) Related items China Telecom to Start U.K. Mobile-Phone Network Before Olympics AT&T to grow Internet service in China SingTel-owned...

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Hutchison Telecommunications Australia reports $167.7m loss

Hutchison Telecommunications Australia (ASX: HTA) has reported a $167.7 million loss for the full year ended 31 December 2011, in contrast with its $73.4 million profit for the same period in 2010. (read on…) Related items Singtel net falls on higher acquisition cost, 3G losses from Bharti Airtel Bharti net crashes 38% on forex...

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Singtel net falls on higher acquisition cost, 3G losses from Bharti Airtel

Singapore’s telecom major SingTel, which holds a 32.3 per cent stake in Bharti Airtel, has posted a 9.6 per cent decline in net profit to S$902 million for the October-December quarter. The company has posted a net profit of S$998 million for the same period a year-ago. (read on…) Related items Airtel’s profits continue...

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Telecom N.Z. First-Half Profit Rises 52% After Chorus Demerger

Telecom Corp. of New Zealand, the nation’s largest telephone company, said first-half profit rose 52 percent as depreciation and other costs fell after separating its Chorus network unit. (more…) Related items Worldwide Telecom Industry Revenue to Reach $2.7 Trillion by 2017, Says Insight Research Corp. City Telecom Announces Annual Results 2011; Net Profit Up...

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More Pizza, More Profit: Intorrent Technologies’ Cloud Phone Solution Improves the Call Handling Process for Pizzerias …

Intorrent Supercell Hosted Phone System offers enhanced call queues, rollover, call recording for associate training, and dial-a-cell-by-extension functionality.Grand Rapids, MI (PRWEB) January 25, 2012 Peter Arena, owner of Kent County, Michigan’s chain of Arena’s Pizza restaurants, is a happy guy. Orders are up, and business is good. He attributes his success to hard work,...

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China TechFaith 3Q earnings fall

China TechFaith Wireless Communication Technology Ltd. said Monday that third-quarter profit fell on lower margins and higher taxes. (read the story…) Related items TechFaith to Further Expand Shipments of Android Smartphones into Hong Kong, South Africa and Latin America TechFaith to Showcase Broader Line-Up at 2012 GSMA Mobile World Congress MARKET CLOSE: NZ stocks...

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City Telecom Announces Annual Results 2011; Net Profit Up 44.7% to HK$313.9 Million

HONG KONG — City Telecom (H.K.) Ltd. (“The Group”) , today announced annual results for the 12 months ended 31 August 2011 (FY2011). FY2011 is the 19th year in operation for the Group, and another … (more…) Related items New Zealand’s Telecom FY profit down 56.5 percent Telecom’s profts down, shares up UPDATE 1-Qatar...

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Bharti net crashes 38% on forex loss, 3G costs

Pulled down by heavy forex losses and 3G-related costs, the country’s largest telecom company Bharti Airtel’s net profit fell by 38.2% to Rs 1,027 crore during July-September, 2011 quarter. (read on…) Related items Bharti net slides on 3G debt, forex loss Airtel’s profits continue to be weighed down by Africa, 3G Bharti confident of...

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Airtel’s profits continue to be weighed down by Africa, 3G

Bharti Airtel’s third-quarter profit was hit by high interest and amortization costs related to the mobile network operator’s 3G rollout in India and its acquisition in Africa. (more here…) Related items Singtel net falls on higher acquisition cost, 3G losses from Bharti Airtel Bharti confident of data, Africa as profit falls for 7th quarter...

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Bharti confident of data, Africa as profit falls for 7th quarter

NEW DELHI (Reuters) – Bharti Airtel is confident of growing its high-speed mobile data business and turning around its struggling African operations after the Indian mobile market leader reported a bigger-than-expected fall in fiscal second-quarter profit that was its seventh consecutive quarterly profit drop. (more here…) Related items Bharti confident of data, Africa as...

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