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'Growth slows' in emerging markets

2013-03-06 11:29:12| BBC News | Business | UK Edition

Emerging markets grew at a slower pace in February than the month before, according to HSBC's monthly purchasing managers' index.

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Growth slows, competition grows for Internet middlemen

2013-02-14 01:00:00| Total Telecom industry news

CDN players Limelight, Akamai suffer after wholesale content delivery prices fell 15% in 2012.

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Vodacom revenue growth slows to 1.7%

2013-02-06 09:27:00| Telecompaper Headlines

(Telecompaper) Vodacom Group announced revenue for its fiscal third quarter ended 31 December up by 1.7 percent from a year earlier to ZAR 18.29 billion. Revenue was impacted by the sale of Gateway Carrier Services in August as well as foreign exchange effects, the mobile operator said. On a normalised basis, revenue increased 4.8 percent, helped by growth in data services and international operations, partially offset by the impact of MTR cuts, competitive pricing pressures and continued economic weakness in South Africa. Service revenues on a were down 1.7 percent in South Africa to ZAR 12.5 billion, hurt by a decision to exit the unprofitable calling card business, while at the international operations, underlying service revenues rose 22.0 percent to ZAR 2.8 billion. The number of active data customers increased by 33.8 percent to 18.5 million, and total active customers increased 12.2 percent to 51.0 million.

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China manufacturing growth slows

2013-02-01 05:21:46| BBC News | Business | UK Edition

China reports a slowdown in manufacturing activity, underlining the challenges its new leaders face in spurring economic growth.

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Apple quarterly profits flat, sales growth slows

2013-01-24 08:28:00| Telecompaper Headlines

(Telecompaper) Apple posted record quarterly revenue for the first quarter of fiscal 2013, ended 29 December 2012, totalling USD 54.5 billion, up from USD 46.3 billion year-over-year. The gross margin was 38.6 percent, down from 44.7 percent. Net profit for the quarter was USD 13.1 billion or USD 13.81 per diluted share, little changed from USD 13.1 billion or USD 13.87 per share a year ago. The results were ahead of Apple's earlier guidance for sales of USD 52 billion and EPS of USD 11.75. The company sold a record 47.8 million iPhones in the three months, up from 37 million a year earlier, and 22.9 million iPads, up from 15.4 million the prior year.

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