Net Profit
255 Stories
NBN to lead pay TV way for SingTel
News update Singapore's next-gen broadband network will play key role in boosting local carrier's competitive edge in pay TV market, says top company exec.
Tags: IPTV, Next-generation technology/networks, Mobile applications, Starhub, IP Television, SingTel, CEO, network, Mobile applications, IPTV
Singapore's M1 confirms new CEO
News MobileOne officially appoints current CFO and acting-CEO, Karen Kooi, to the top position after concluding "extensive internal and external search".
Tags: Executive recruiting, Mobile platforms/communications, Starhub, Mobile, SingTel, CFO, Singapore, M1, payment, CEO
Satyam chairman resigns amid accounting scandal
News B. Ramalinga Raju, who also founded the Indian outsourcing service provider, reveals details of financial irregularities in his resignation letter.
Tags: IT outsourcing, Crisis communications, Accounting, Earning reports/forecasts, Motorola Inc., India, Outsourcing Company, World Bank, Malaysia, Satyam Computer Services
AIS full-year profit up despite poor Q4
News Despite a 92 percent fall in fourth-quarter 2008 earnings, Thai mobile operator Advanced Info Service reports full-year net profit increase of 0.7 percent to US$462 million.
Tags: Earning reports/forecasts, Cellular phones, Handhelds, Mobile/Wireless, Mobile, Thailand, Bangkok, Survey, stock exchange, net profit
Ericsson to cut 5,000 jobs
News With quarterly profits down 31 percent year over year, the wireless equipment maker is reducing its workforce by about 6 percent.
Tags: Layoffs, Sales/revenue, Revenue recognition, Sony Ericsson Mobile Communications, Swedish company, wireless equipment maker, Sales, quarterly revenue, net profit, job
Nokia's net profit falls 90 percent
News The bad news isn't over yet for the top mobile handset maker, but the company says the bottom may be near.
Tags: Earning reports/forecasts, Cellular phones, Smart phones, Apple Inc., Euro, Mobile, Sales, Touch Screen, net profit, financial
Apple reports record Mac sales
News The company has reported one of its best third quarters ever, with Mac shipments growing by 41 percent.
Tags: Mac OS, Personal Computers, Notebooks and tablets, Apple Inc., Quarter, Apple Macintosh, Sales, earnings per share, Wall Street, 3G
Report: Oracle cuts workforce by 500
News The company has made staff cuts in its North American sales and consulting areas, according to a report in The Wall Street Journal.
Tags: Business applications, Layoffs, Workforce, layoff, Consulting, recession, net profit, News.com, Oracle Corp., revenue
Nokia's net profit drops by 69 percent
News Poor sales in China, the Middle East and Africa prompt analysts to call on Nokia to introduce more 'iconic' high-end smartphones.
Tags: Sales/revenue, Sales strategy, Forecasting, Handhelds, Mobile, Smart Phone, Sales, Forecasting, phone, net profit
Telecom NZ suffering further decline
News Telecom New Zealand has reported a 43.9 percent fall in full year net profit to US$271.8 million, continuing a recent downward trend.
Tags: Business Strategies & Functions, Telecommunications, Broadband, EBITDA, amortization, CEO, financial, network, mobile network, finance
Amazon's revenue jumps, beats Street forecast
News Despite the weak economy, the e-commerce giant reports an 18 percent increase in fourth-quarter revenues on strong holiday sales.
Tags: Earning reports/forecasts, Sales/revenue, Web sites, E-business, Electronics, Stock, Sales, Jeff Bezos, e-commerce company, Amazon.com Inc.
M1 to get new CEO
News Neil Montefiore will step down as chief of Singapore-based mobile operator MobileOne from Feb. 1, after serving 12-year stint at the company.
Tags: Executive recruiting, Mobile platforms/communications, Mobile, CFO, Information And Communication Technology, Singapore, accountant, M1, chairman, CEO
Soaring finance costs hurt Huawei earnings
News The Chinese telecom gear maker saw net profit jump 20 percent year-to-year, but finance costs soared to US$971 million, up from US$199 million a year earlier.
Tags: Budgeting/cost control, Mobile platforms/communications, Mobile Broadband, Mobile, Huawei Technologies Co. Ltd., DSL modem, Sales, financing, Earnings, operating margin
Thailand's Triple T seeks to dethrone True in broadband
News Triple T Broadband, the Bangkok broadband Internet arm of TT&T, aims to overtake market leader True Corporation by 2010, with a targeted subscriber base of 1 million.
Tags: Personal broadband, Business broadband, Mobile platforms/communications, Web sites, Thailand, Broadband, CEO, network capacity, financial, network
Nokia to lay off 1,700 workers
News The handset manufacturer has said U.K. workers will be affected by the cuts, but has not confirmed how many.
Tags: Layoffs, Apple Inc., Research In Motion Ltd., Spokesperson, Gartner Inc., Symbian Inc., Finnish company, Worker, London, U.K.
