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Chinese GSM and W-CDMA network operator China Unicom has registered a 26.1% year-on-year increase in net profits for the first three quarters of 2014 as savings from changes to its... more
MTN Group chief executive officer Sifiso Dabengwa says his company closed out September 2014 with a consolidated mobile user base of 219.2 million, up 2% quarter-on-quarter, while revenue derived from... more
Belgian cableco Telenet has published its financial results for the nine months ended 30 September 2014, revealing a 53% decline in net profit for the period to EUR71.4 million (USD96.8... more
Majority Swedish-owned operator, Tele2 NL, saw its Dutch mobile customer base grow by 24,000 in the three months ended 30 September 2014, taking the total to 791,000 and displaying an... more
Egyptian Company for Mobile Services, which offers services under the MobiNil banner, is said to have recorded a net loss of EGP390 million (USD54.5 million) in its unaudited consolidated financial... more
Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, has announced that it would sell its stake in Kuwait Investment Co (KIC) in 1H 2015, while its share in telecoms... more
Japanese telco Softbank Corp and investment group Sequoia Capital have announced investment of USD100 million into Indonesia’s leading e-commerce marketplace, PT Tokopedia, according to statement published on Wednesday. The investment... more
The US Federal Communications Commission (FCC) has paused its informal ‘shot-clock’ deadline on the review of the proposed USD48.5 billion takeover of pay-TV giant DirecTV by AT&T Inc. The watchdog,... more
Canadian quadruple-play operator Rogers Communications’ consolidated revenue increased 1% in the third quarter of 2014 to CAD3.252 billion (USD2.896 billion), reflecting revenue growth of 2% year-on-year in mobile operations and... more
Swedish telecoms group Tele2 reports that in the third quarter of 2014 its consolidated group mobile end-user service revenue grew by 8% year-on-year to SEK3.252 billion (USD448 million), while its... more