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Tag: profit grows
Verizon grows Q1 net profit 25% on business recovery, broadband demand
2021-04-21 15:24:00| Telecompaper Headlines
(Telecompaper) Verizon reported net profit for the first quarter up 25.4 percent to USD 5.4 billion...
Tags: net
business
demand
profit
China Mobile's profit grows 2.3%, tops 940 mln customers in Q1
2021-04-21 06:57:00| Telecompaper Headlines
(Telecompaper) China Mobile posted operating revenue of CNY 198.4 billion for the first quarter of 2021, which represents an increase of 9.5 percent year-on-year...
Tags: china
customers
profit
tops
Ooredoo Group net profit grows 16% in first 9 months, revenue down 3%
2020-10-29 09:17:00| Telecompaper Headlines
(Telecompaper) Ooredoo Group said its net profit increased by 16 percent to QAR 1.47 billion in the first nine months to 30 September from QAR 1.26 billion in the same period in 2019 in a more favorable foreign exchange environment. Revenue declined by 3 percent year-on-year to QAR 21.41 billion from QAR 21.96 billion because of Covid-19, with a reduction in handset sales and roaming business as well as macroeconomic weakness in some markets. This was partially offset by growth in Indonesia.
Facebook grows profit 7% in Q4 after sharp rise in operating costs, taxes
2020-01-29 22:52:00| Telecompaper Headlines
(Telecompaper) Facebook reported a stronger increase in costs than revenue in the fourth quarter, leading to a slowdown in its profit growth. Revenues were up 25 percent to USD 21.1 billion, while operating costs jumped 34 percent to USD 12.2 billion. Along with a sharp increase in taxes, net profit rose just 7 percent, to USD 7.3 billion or USD 2.56 per share.
Tags: costs
operating
rise
profit
Huawei grows revenues 20%, profit 25% in 2018
2019-03-29 09:20:00| Telecompaper Headlines
(Telecompaper) Huawei said revenues for 2018 advanced 19.5 percent from the year before to CNY 721.2 billion while the net profit jumped over 25 percent to CNY 59.3 billion. The company gave the numbers in its 2018 Annual Report, showing it maintained growth despite pressure from the US and growing international scrutiny.
Tags: in
profit
revenues
grows