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SK Telecom's net income jumps 60% in 2017

2018-02-05 12:37:00| Telecompaper Headlines

(Telecompaper) South Korean operator SK Telecom posted revenues of KRW 17.520 trillion in 2017, operating income of KRW 1.537 trillion, and net income of KRW 2.658 trillion. Backed by higher sales in its media and IoT sectors, SK Telecom's revenue increased by 2.5 percent year-on-year. The operator also reports that, for the first time since 2014, it achieved a successful sales turnaround.

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Samsung profit jumps in Q3, boosted by strength at chips, high-end phones

2018-01-31 12:15:00| Telecompaper Headlines

(Telecompaper) The memory business again showed the strongest growth, with sales rising 54 percent to KRW 17.94 trillion. Semiconductor sales advanced 42 percent to KRW 21.11 trillion. Samsung said it benefited from good market conditions, driven by demand for mobile and data centre applications. The supportive market environment is expected to continue into 2018. 

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SK Hynix's revenue grows 75%, profit jumps 260% in 2017

2018-01-25 09:17:00| Telecompaper Headlines

(Telecompaper) Fourth-quarter revenue amounted to KRW 9.03 trillion, up 69 percent year-on-year, and operating profit jumped 191 percent to KRW 4.47 trillion, with an operating margin of 49 percent. Net income for the quarter was KRW 3.22 trillion, an increase of 98 percent year-on-year.

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Cost of global disasters 'jumps to $306bn in 2017'

2017-12-21 03:49:00| BBC News | Business | UK Edition

Hurricanes, earthquakes and wildfires caused much of the estimated $306bn losses, a report says.

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Orange to continue investment in full fibre as EBIDTA jumps 2%

2017-12-08 01:00:00| Total Telecom industry news

French telecoms operator, Orange, is set to increase its investment in full fibre networks at home and in Spain, following a rise in profits announced at its annual investor day in London…read more on TotalTele.com »

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