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Twitter shares fall 18% as number of monthly users slips
2018-07-27 13:52:40| BBC News | Business | UK Edition
The messaging platform makes record quarterly profits but monthly usage numbers disappoint.
Tags: number
users
fall
monthly
LG mobile losses widen in Q2 as sales fall 19%
2018-07-26 11:10:00| Telecompaper Headlines
(Telecompaper) LG Electronics saw losses at its smartphone business worsen in the second quarter, as the global market weakened and the company suffered from tough competition in the premium and mid-range segments. Revenues at the mobile division declined 19 percent year-on-year to KRW 2.07 trillion, and the operating loss widened to KRW 185 billion from KRW 140 billion a year ago and KRW 136 billion in Q1.
Tags: sales
mobile
fall
losses
Nokia sales fall 6% in Q2, sees better H2 as 5G roll-out starts
2018-07-26 07:52:00| Telecompaper Headlines
(Telecompaper) Nokia saw its sales turn lower again in the second quarter, but said it expects the networks business to improve in the second half, as 5G deployments start toward the end of the year. Second-quarter sales fell to EUR 5.3 billion from EUR 5.6 billion a year ago and were down 1 percent on a constant currency basis. The net loss narrowed to EUR 0.05 per share from EUR 0.07 a year earlier, while adjusted EPS dropped to EUR 0.03 from EUR 0.08.
Facebook shares fall sharply after slower growth in Q2, weak outlook
2018-07-26 07:32:00| Telecompaper Headlines
(Telecompaper) Facebook reported a slowdown in growth in the second quarter and said it expects the trend to continue in the rest of 2018. Revenues rose 42 percent year-on-year to USD 13.23 billion, compared to annual growth of 49 and 47 percent in the previous two quarters. The operating margin fell to 44 percent from 47 percent a year ago, while net profit was still up 31 percent to USD 5.11 billion or USD 1.07 per share.
Vodafone names date for Idea Cellular merger, as Group revenues fall by 4.9%
2018-07-25 02:00:00| Total Telecom industry news
Vodafone Group's outgoing CEO, Vittorio Colao, has said that he expects Vodafone India's long mooted merger with Idea Cellular to complete by the end of August. Speaking to the press following the company&rsquo…read more on TotalTele.com »
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