Dtac Prepares For Slowdown As Profit Jumps
Dtac, the third-largest operator in Thailand, reported strong results for the first quarter of 2020 as profit jumped on cost-cutting,...
CORPORATE FORTUNES
ZTE Q1 Financials Dragged Down By Covid-19
Chinese equipment vendor ZTE’s first quarter results were hit by Covid-19 (coronavirus) lockdown measures, with both profit and revenue declining...
ZTE Reports Lower Revenue, Profits In Q1
By Juan Pedro Tomás Chinese vendor ZTE reported operating revenue of CNY21.48 billion (US$3 billion) in the first quarter of...
Verizon Posts Customer Losses, Withdraws Guidance
By Kelly Hill Verizon withdrew future revenue guidance in the face of the ongoing COVID-19 pandemic and posted customer losses...
Huawei Wins Big At Home As Restrictions Close In
Huawei’s revenue growth grinded to a halt in Q1 due to the Covid-19 (coronavirus) pandemic and US trade restrictions, but...
Rogers Profit Slides As Covid-19 Hits Revenue
Canadian operator Rogers Communications recorded a double-digit decline in Q1 net profit, as the Covid-19 (coronavirus) pandemic put a serious...
Vodafone Idea Receives US$200M Injection From Vodafone
Vodafone Group made an accelerated payment of US$200 million to Vodafone Idea to support its India joint venture’s operations as...
TIM, Vodafone Italy Gain €800M From Inwit Sales
Telecom Italia (TIM) and Vodafone Italy sold shares in their joint venture tower company Inwit for a total of €800...
IDC Forecasts Flat Telecom Spending This Year
By Kelly Hill Research firm IDC predicts that telecommunications services spending will be about the same as it was last...
Coronavirus To See Telecommunications Industry To Drop By 3.4%
By Jonathan Easton The effect of the coronavirus on the telecommunications industry has been laid bare by a new report....
