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Tag: handsets
Telstra targets 1m 700-MHz handsets by year-end
2014-09-12 02:00:00| Total Telecom industry news
Australian incumbent's 4G network aims for 90% population coverage by end of January 2015.
Tags: targets
handsets
telstra
700mhz
Microsoft profits fall after Nokia handsets acquisition
2014-07-23 08:41:00| Telecompaper Headlines
(Telecompaper) Microsoft reported pressure on quarterly profits in its fiscal fourth quarter after completing the acquisition of Nokia's handset business. Earnings for the three months to June fell 7 percent from a year earlier to USD 0.55 per share, including a loss of USD 0.08 per share from the phone business. Revenues rose 18 percent year-on-year to USD 23.38 billion, with USD 1.99 billion coming from the former Nokia business, and operating profit improved 7 percent to USD 6.48 billion, with a loss of USD 692 million from the handset activities. Microsoft's revenue growth was otherwise supported by a recovering PC market, with Windows OEM revenue up 3 percent. Office 365 added another 1 million consumer subscribers in the quarter, and Bing increased advertising revenues by 40 percent. In the commercial market, server product revenues, including Azure, were up 16 percent, and Windows licensing volume rose 11 percent. Overal, consumer and device revenues increased 42 percent to USD 10.0 billion, and commercial revenues were up 11 percent to USD 13. billion.
Tags: fall
microsoft
nokia
acquisition
Microsoft starts certifying Windows Phone 8.1 handsets for Bluetooth 4.0 LE capabilities
2014-06-30 16:41:55| Wireless - Topix.net
The Windows Phone 8.1 update brings several exciting features, one of which is the support for Bluetooth Low Energy.
Tags: le
phone
windows
microsoft
Nokia moves to profit, boosts cash after handsets sale
2014-04-29 08:36:00| Telecompaper Headlines
(Telecompaper) Nokia reported first-quarter sales from continuing operations down 15 percent from a year earlier to EUR 2.664 billion. Adjusted operating profit rose 20 percent to EUR 304 million, and the net result improved to a profit of EUR 0.03 per share from a loss of 3 cents a share a year ago. The results exclude the handset activities sold to Microsoft, the proceeds of which boosted Nokia's net cash position to EUR 7.1 billion. The company also announced a special dividend of EUR 0.26 per share, plus its ordinary dividend for 2013 of EUR 0.11 per share. The main business Nokia Solutions and Networks recorded Q1 sales down 17 percent to EUR 2.33 billion, as equipment sales were flat and services revenue fell 25 percent. Cost reductions helped operating profit improve 10 percent year-on-year to EUR 216 million. The Here navigation division also moved to an operating profit of EUR 10 million on sales down slightly to EUR 209 million, and Nokia generated another EUR 131 million in revenue from licensing. Nokia maintained its full-year outlook for NSN to reach the high end of its long-term target of 5-10 percent adjusted operating margin, after a result of 9.3 percent in Q1. In addition, it now expects NSN to report annual sales growth in the second half of 2014. In Q2, the company expects a negative impact on margins from lower software sales at NSN and cash flow to be impacted by staff incentive payments.
Nokia to complete handsets sale to Microsoft 25 April
2014-04-21 17:04:00| Telecompaper Headlines
(Telecompaper) Nokia said it expects to complete the sale of its mobile phone business to Microsoft on 25 April, around a month later than originally expected. The companies recently secured one of the last, key regulatory approvals, in China. They first announced the agreement for Microsoft to buy substantially all of Nokia's Devices & Services division for EUR 3.8 billion in September 2013. As part of the agreement, Microsoft will pay EUR 1.65 billion to license Nokia's patents, bringing the total value of the deal to EUR 5.4 billion in cash. Nokia's former CEO Stephen Elop will continue to run the mobile business at Microsoft.
Tags: complete
april
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microsoft
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