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Huawei 1H revenue growth slows

2017-07-27 02:00:00| Total Telecom industry news

Huawei on Thursday reported a 15% year-on-year increase in first half revenue, a considerably slower growth rate compared to a year ago. The Chinese kit maker generated revenue of 283.1 billion yuan (€35.84 billion) during the first six months of 2017…read more on TotalTele.com »

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Facebook growth slows slightly but sales still up 45%

2017-07-26 22:15:00| Telecompaper Headlines

(Telecompaper) Facebook saw its growth slow slightly in the second quarter, with sales up 45 percent year-on-year to USD 9.321 billion compared to over 50 percent in previous quarters. This is in line with the company's previous warning that growth will slow as the ad market saturates. Net profit still increased 71 percent to USD 3.894 billion or USD 1.32 per share, better than market expectations.

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Joules moves to FY profit on international growth

2017-07-26 12:49:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Joules has booked higher sales in its last fiscal year and moved to a profit thanks to the group's expansion both at home and abroad and investment in online.

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UK economy sees pick-up in growth

2017-07-26 10:50:46| BBC News | Business | UK Edition

The UK economy grew by 0.3% between April and June, according to the Office for National Statistics.

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AT&T returns to profit growth in Q2

2017-07-26 08:20:00| Telecompaper Headlines

(Telecompaper) AT&T reported higher profits for the second quarter, as lower costs helped offset falling sales in its legacy fixed and consumer mobile activities. Revenues fell 1.8 percent to USD 39.8 billion, while operating profit improved to USD 7.3 billion from USD 6.6 billion a year ago, thanks to reductions in operating costs. The adjusted operating margin, which excludes merger-related costs and other one-time items, rose by 150 basis points year-on-year to 21.6 percent. 

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