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Tablets, cars drive AT&T wireless gains - not phones

2014-10-23 02:47:19| Telecom - Topix.net

AT&T said it gained 2 million wireless subscribers in the latest quarter, but most were from non-phone services such as tablets and Internet-connected cars. The net increases in the July-September quarter included nearly 1.3 million connected devices, such as home-security systems.

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Tablets, cars drive AT&T wireless gains - not phones

2014-10-23 02:47:17| Telecom - Topix.net

AT&T said it gained 2 million wireless subscribers in the latest quarter, but most were from cheaper non-phone services such as tablets and Internet-connected cars. The nation's second-largest wireless carrier is facing pricing pressure from smaller rivals T-Mobile and Sprint in a competitive environment in which most Americans already have a cellphone.

Tags: drive cars phones wireless

 
 

Yahoo! Q3 profit boosted by Alibaba gains

2014-10-22 08:50:00| Telecompaper Headlines

(Telecompaper) Yahoo! reported third-quarter sales up 1 percent to USD 1.148 billion. Excluding traffic acquisition costs, revenue also rose 1 percent, to USD 1.094 billion. The internet company posted a 5 percent fall in display ad revenues to USD 477 million, while search revenues increased 4 percent from a year ago to USD 452 million. CEO Marissa Mayer said the growth came in part due to investments in mobile services, which contributed over USD 200 million in revenue in the quarter. She said the company was on track to generate USD 1.2 billion in gross revenue from mobile this year. Yahoo's operating profit was still down 55 percent year-on-year to USD 42 million, and adjusted EBITDA fell 8 percent to USD 306 million. Net profit jumped to USD 6.8 billion or USD 6.70 per share, thanks to a one-time gain of USD 6.3 billion from selling shares in Alibaba's IPO. This helped the company finished the quarter with USD 12 billion cash, up from USD 5 billion at the start of the year. Yahoo said it will pay USD 3.3 billion in tax in Q1 2015 on the profit from the sale of Alibaba shares. It also spent USD 1.1 billion in October to buy back 15 million of its shares from a financial institution. 

Tags: yahoo profit gains alibaba

 

Australia's Plan for Antarctic Sanctuary Gains... Less Ground?

2014-10-21 22:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature World: Australia's plan for creating a vast marine reserve off Antarctica has gained less ground, but the country said Monday it's still hopeful in the sanctuary's success. A bid for the Marine Protected Area (MPA) was first put forward in 2011 by Australia, along with France and the European Union. But the Commission of Antarctic Marine Living Resources (CCAMLR) knocked back the idea, which would encompass 760,000 square miles (1.9 million square kilometers) of the Last Continent. So those down under...

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Wall Street gains on Apple

2014-10-21 20:40:20| Semiconductors - Topix.net

US stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results. The results lifted the tech-heavy Nasdaq index up more than 1 percent, while the Dow's gains were limited following disappointing results from Coca-Cola.

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