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China Telecom profits take a hit despite revenue growth

20 Mar 2013
China Telecom has booked a 9.5% drop in net profits for 2012 to CNY14.925 billion (USD2.375 billion) despite recording 15.5% growth in operating revenues. Total revenues for 2012 were CNY283.073... more

MTS: 2012 revenues edge up less than 1% despite growth in key markets

20 Mar 2013
Russian giant Mobile TeleSystems (MTS) has posted revenues of USD12.44 billion for the year ending 31 December 2012, up just 0.9% year-on-year. The growth was thanks to increased sales from... more

GloBul bidding deadline extended by a month

20 Mar 2013
Greek telco OTE has extended by one month the deadline for bids in the proposed sale of its Bulgarian mobile subsidiary, Cosmo Bulgaria (GloBul), with the cut-off date now 18... more

OFT calls for comment on BSkyB’s proposed purchase of O2 UK fixed line ops

20 Mar 2013
The UK’s Office of Fair Trading (OFT) has invited submissions as it examines BSkyB’s proposed acquisition of the fixed line business of Telefonica’s UK subsidiary O2. The competition authority has... more

Liberty agrees to buy 27.3% Charter stake for USD2.6bn

20 Mar 2013
Liberty Media has announced that it will buy a 27.3% in US cableco Charter Communications for USD2.62 billion. Liberty, which is controlled by cable industry veteran John Malone, will pay... more

Drillisch halves freenet shareholding

20 Mar 2013
German mobile service provider Drillisch has announced the transfer of 13.32 million registered shares in freenet – corresponding to a 10.4% stake – to Bank of America, via its subsidiary... more

KPN sells off IS&P to trim debt

19 Mar 2013
Dutch carrier KPN Telecom (or Royal KPN as it is also known) is to sell off its infrastructure unit IS&P to domestic engineering firm SPIE Nederland, as part of ongoing... more

Iliad net income slips on higher D&A

19 Mar 2013
French low-cost operator Iliad has posted net profit of EUR186.5 (USD241.1 million) for 2012, down 26% year-on-year, despite a near-50% rise in revenues. The company attributed the fall in net... more

HTHKH achieves 16% rise in turnover and EBITDA

19 Mar 2013
Hutchison Telecommunications Hong Kong Holdings (HTHKH) has announced its financial and operational results for the year ended 31 December 2012. Consolidated turnover rose 16% from HKD13.407 billion (USD1.727 billion) in... more

TPG sees net profit rise 41% as customer numbers climb

19 Mar 2013
Alternative Australian operator TPG Telecom has released its financial results for the first half of its 2013 financial year, revealing that net profit surged by 41% year-on-year in the six... more