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Microsoft Q4 revenues climb 13 percent on cloud strength

2017-07-21 08:51:00| Telecompaper Headlines

(Telecompaper) Microsoft reported stronger results for its fiscal fourth quarter to end June, pulled up by innovation across cloud platforms, CEO Satya Nadella said. Revenues rose to USD 23.32 billion from 20.64 billion the year(+13%)  before, while the operating profit lifted to USD 5.33 billion from 3.08 billion (+73%) and the net profit went higher to USD 6.51 billion from 3.12 (+109%), with diluted earnings per share reaching USD 0.83 from 0.39 (+112%). LinkedIn contributed USD 1.1 billion to revenue in the quarter. The company said it returned USD 4.6 billion to shareholders in the form of share buy-backs and dividends.

Tags: microsoft percent strength cloud

Category: Telecommunications
 

Voda Q1 strong, but so is competition

2017-07-21 02:00:00| Total Telecom industry news

Vodafone posted a solid set of financial results for its fiscal first quarter, increasing service revenue in most of its key European markets and beyond, but a closer look at the numbers shows it is up against a new wave of competition in certain areas. The telco reported a 3.3% decline in group revenue to €11.47 billion in the three months to the end of June…read more on TotalTele.com »

Tags: so strong competition voda

Category: Telecommunications
 

5G works...if you hit the right button

2017-07-21 02:00:00| Total Telecom industry news

"If it works, great; if it breaks, let's go back and get it right. The point is we want to have real users using the network." This was the somewhat philosophical tone adopted by Sebastian Robitzsch, staff engineer at mobile R&D and patent-licensing firm InterDigital, who had the unenviable task this week of guiding Total Telecom round his company's live smart city trial in Bristol. Hosted on the testbed deployed by the Bristol Is Open (BIO) smart city project, InterDigital's trial is designed to showcase the capabilities of Flexible IP-based Services (FLIPS), its mobile edge computing (MEC) solution, which is based on information…read more on TotalTele.com »

Tags: hit button

Category: Telecommunications
 

CEO of Nokia phone maker HMD Global departs

2017-07-21 02:00:00| Total Telecom industry news

The CEO of HMD Global, which owns the rights to the Nokia handset brand, has left just months after launching the company’s first slew of handsets. In a brief statement on Wednesday…read more on TotalTele.com »

Tags: phone global nokia ceo

Category: Telecommunications
 

Corning acquires small cell maker Spidercloud

2017-07-21 02:00:00| Total Telecom industry news

Corning, best known for its toughened Gorilla Glass for smartphone screens, this week acquired enterprise small cell provider Spidercloud Wireless. The company also makes a range of networking products, including but not limited to optical fibre…read more on TotalTele.com »

Tags: small cell maker acquires

Category: Telecommunications
 

Telia to cut jobs following Q2 loss

2017-07-21 02:00:00| Total Telecom industry news

Telia Company announced it will cut 850 jobs as it looks for further savings, after the Sweden-based telco swung to a second quarter net loss. 650 of the redundancies will be made in its home market…read more on TotalTele.com »

Tags: jobs loss cut telia

Category: Telecommunications
 

Simyo NPS scores highest among Dutch mobile providers, followed by T-Mobile

2017-07-20 17:34:00| Telecompaper Headlines

(Telecompaper) Simyo earned a net promoter score (NPS) of 30 in the second quarter, followed by T-Mobile Netherlands with 26, and then KPN with 22. Simyo was especially cited for its price-related points. About 70 percent of customers recommended Simyo for its price/quality ratio and 61 percent for its monthly costs. At T-Mobile NL, the price/quality ratio was also the most recommended reason, with the quality of connection/reach going to second place. For KPN, connection/reach is the most mentioned.

Tags: mobile highest providers dutch

Category: Telecommunications
 

HMD Global CEO steps down with immediate effect

2017-07-20 09:55:00| Telecompaper Headlines

(Telecompaper) Chairman Sam Chin thanked Nummela for his contribution to starting up the company and the launch of its first products. HMD Global is the new owner of the Nokia brand for mobile phones and has just launched its first Android smartphones under the name. Nummela was previously a top executive at Nokia prior to the sale of its phone business to Microsoft.

Tags: global effect steps ceo

Category: Telecommunications
 

Telia starts cost cutting after drop in Q2 results

2017-07-20 08:52:00| Telecompaper Headlines

(Telecompaper) Telia Company reported lower results for the second quarter, hurt by weakness in its home market Sweden and writedowns on its remaining Eurasia activities. Telia said it hopes to sell the rest of the Eurasian activities by year-end and raised its outlook for full-year cash flow thanks to the divestments already completed.

Tags: results cost drop starts

Category: Telecommunications
 

T-Mobile US raises outlook again after solid Q2

2017-07-20 08:36:00| Telecompaper Headlines

(Telecompaper) T-Mobile US raised its outlook for annual EBITDA and subscriber growth after reporting another quarter of strong results. The mobile operator now expects adjusted EBITDA of USD 10.5-10.9 billion in 2017, up from a previous estimate of USD 10.4-10.8 billion, and to add 3.0-3.6 million postpaid subscribers, more than the earlier outlook of 2.8-3.5 million.

Tags: solid outlook raises q2

Category: Telecommunications
 

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