Evolving Systems Q1 net down 19%

Firm declares new special dividend of $1.70, costing it approximately $19.3 million. Evolving Systems Inc.'s first-quarter profit dropped 19% as the networking-services company's year-ago period benefited from discontinued operations.

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Globe Telecom Q1 net profit falls 10%

Philippine-based telco says 2012 is a year of investment in customers, networks, processes. Globe Telecom Inc., the country's second-largest telecommunications company by revenue, said Tuesday first-quarter net profit declined 10% on year, weighed down by the cost of the company's efforts to build up its cellular and broadband subscriber base as well as network upgrade expenses.

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Rogers Q4 net up 8%, boosts dividend

Rogers Communications Inc. said fourth-quarter earnings rose 8% and revenue edged up 1% as new smartphone customers continued to grow.

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IHS expects sales of chipsets for tablets to reach $18.2 billion in two years time.

Comtech Telecommunications Corp.'s fiscal second-quarter earnings fell 64% as the seller of radio-frequency amplifiers used in aircraft communications continued to see its revenue drop.

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Telekom Malaysia Q4 profit rises 49%

Malaysian state-owned fixed-line operator Telekom Malaysia Bhd. said Friday it plans to distribute a total of MYR1.42 billion ($472.2 million) to shareholders after it reported a 49% increase in fourth quarter net profit.

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