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Berg Insight releases summary of mobile operator M2M subscriber data for Q1-2012

New market data from Berg Insight shows a sustained strong momentum for wireless M2M communication in the beginning of 2012. According to figures disclosed...

Defying sluggish global trend, Q1 mobile sales grow 16% in MEA

Defying signs of a global slowdown, sales of mobile devices in the Middle East and Africa rose 16% in the first quarter, fueled a...

Tencent Q1 net profit up 2.8%

Chinese online game and messaging company Tencent Holdings Ltd. said Wednesday its first-quarter net profit rose 2.8% from a year earlier, driven by higher...

Cellcom Israel Q1 net falls 44% on price erosion

Cellcom Israel Ltd.'s first-quarter earnings fell 44% as increased competition continued to drive down prices, a trend the Israeli cellular provider expects to continue...

Telefonica Brasil Q1 net profit down 15.2%

Telefonica Brasil SA. Thursday reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian reais ($488 million) from a year earlier due to...

InfoSpace Q1 net soars on TaxACT acquisition

U.S. search company beat Q1 revenue guidance and earnings came in at high end of expectations.InfoSpace Inc.'s first-quarter profit surged as the Internet search...

Cisco Q3 net up 20%, weak Q4 view sends shares lower

IT spending projections have been revised lower in recent months, according to CEO Chambers. Cisco Systems Inc.'s fiscal third-quarter earnings jumped 20% on higher revenue...

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...

Mediobanca net profit down 73% on Telco, loan losses

Telecom Italia parent reported €1 billion loss on nine months ended 31 January. Italian merchant bank Mediobanca SpA Wednesday reported a 73% drop in net...

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...

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