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Qualcomm quarterly profit falls 90% on Apple woes, competition fine

2017-11-01 23:07:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported net profit down 89 percent year-on-year in its fiscal fourth quarter to September to USD 0.2 billion or USD 0.11 per share. The company's profits were hit by Apple and another customer withholding licence fees due to legal disputes with Qualcomm. 

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Samsung Electronics posts record quarterly profit

2017-10-31 04:35:12| BBC News | Business | UK Edition

Earnings at the South Korean tech giant were boosted by higher memory chip prices and smartphone sales.

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Singtel's quarterly profit drops nearly 6%, revenue up 8%

2017-08-11 12:08:00| Telecompaper Headlines

(Telecompaper) Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.

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Softbank quarterly revenue up 2.8%, opg profit grows on Sprint improvement

2017-08-07 10:42:00| Telecompaper Headlines

(Telecompaper) Net income plunged 88.8 percent to JPY 30.5 billion in the quarter, due mainly to financial and derivative losses related to the company's stake in Alibaba. Operating income amounted to JPY 479.2 billion, which represents an increase of 50.1 percent year-on-year, due largely to the inclusion of the new Softbank investment fund. Excluding the Softbank Vision Fund, operating profit was up 17.2 percent to JPY 374.0 billion, led by growth at Sprint and Yahoo Japan. 

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Sprint ups guidance after reporting first quarterly net profit in three years

2017-08-01 02:00:00| Total Telecom industry news

Sprint on Tuesday raised its outlook after reporting its first quarterly net profit for three years off the back of its aggressive cost-cutting programme. However, revenue growth was modest and net customer additions fell considerably compared to a year earlier. The U.S. telco generated revenue of $8…read more on TotalTele.com »

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