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Google gets 45,000 requests for data in H1
2016-10-13 23:25:00| Telecompaper Headlines
(Telecompaper) Governments submitted a total of 44,943 data requests to Google in the first half of the year, compared to 40,667 last year, according to the company's latest transparency report. Google noted it is getting more requests as the years pass, partly because its services are getting increasingly used. Governments, courts and investigative and intelligence agencies can submit data requests to Google. Google does not answer all data requests but assesses them in terms of validity.
ZTE revenue growth stable at 4% in H1
2016-08-25 15:18:00| Telecompaper Headlines
(Telecompaper) ZTE announced a 4.05 percent increase in first-half operating revenues compared to a year earlier to CNY 47.76 billion. While the company did not release Q2 figures, the report suggests business was stable in the second quarter, after Q1 sales also rose 4 percent. ZTE reported a net profit of CNY 1.77 billion, up 9.33 percent from a year earlier, and operating cash flow improved 56.17 percent to CNY 2.35 billion.
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China Telecom profit up 6%, adds 9 mln mobile subs in H1
2016-08-23 09:40:00| Telecompaper Headlines
(Telecompaper) China Telecom reported operating revenues of CNY 176.8 billion for the six months ended 30 June 2016, which represents an increase of 7.2 percent year-on-year. Service revenues amounted to CNY 155.2 billion, up by 5.6 percent from the first half of 2015. First-half EBITDA reached CNY 50.5 billion, down 0.4 percent year-on-year, while EBITDA margin stood at 32.6 percent at 30 June 2016. Profit reached CNY 11.6 billion, up by 6.3 percent year-on-year. Basic earnings per share were CNY 0.14.
3 Group organic revenue growth slows to 1% in H1
2016-08-11 10:49:00| Telecompaper Headlines
(Telecompaper) CK Hutchison reported a slowdown in growth at 3 Group Europe in the first half of 2016, hurt by negative currency effects and slower customer growth. Revenues fell 1 percent year-on-year to HKD 30.165 billion and were up only 1 percent in local currency. EBITDA increased 9 percent to HKD 8.492 billion, slowing from 12 percent growth in 2015. Excluding currency effects, EBITDA rose 12 percent, which the company attributed to the increase in net customer service margin, continued cost synergies realised at 3 Ireland and good cost management in other operations. 3 Europe ended June with 26.8 million active customers, up by around 700,000 from the end of 2015.
Huawei grows smartphone shipments 25% in H1
2016-07-26 11:39:00| Telecompaper Headlines
(Telecompaper) Huawei said it grew smartphone shipments 25 percent year-on-year in the first half of 2016 to 60.56 million. This far outpaces the estimated 3.1 percent global market growth, the company noted. Total revenue from its Consumer Business Group increased 41 percent year-on-year to CNY 77.4 billion in the first half, thanks to strong demand outside its home market China. In particular, the company saw strong demand in high-end smartphone markets such as Europe and emerging markets including North Africa, Central Asia and Latin America, Huawei said.
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