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Articles tagged with: Chief Financial Officer and Tax
MobileOne Sales Up - But Profits Dip Slightly
Singapore based mobile operator, MobileOne (M1) has reported that service revenue grew by 1.6% year on year to S$738.5 million (US$494 million). EBITDA margin for the fourth quarter increased 2.4 percentage points quarter-on-quarter to 44%, bringing the full year's margin to 42.9%. Normalised net profit for the year (excluding prior year's tax adjustments) declined 4.5% to S$150.1 million (US$100 million). more
Related Tags: mobileone, m1, neil-montefiore, personal, Singapore
Telstra Fiscal Year Profit Up 13.5%, Keeps Long-Term Target
SYDNEY -(Dow Jones)- Telstra Corp., Australia's biggest telecommunications company, said Wednesday net profit for the year ended June 30 rose 13.5% from the previous year, boosted by increased mobile and broadband revenues, but slightly below market expectations. more
Related Tags: wind, capex, ovum, telstra, sol-trujillo, Australia
Capgemini to Buy KPN IT Services Unit for EUR255 Million
PARIS -(Dow Jones)- French information-technology services company Capgemini Friday said it will pay EUR255 million for a unit of Royal KPN's Getronics subsidiary, bolstering its position in the Dutch public sector. more
Related Tags: kpn, antitrust, mindtree, Netherlands
Hutchison Telecom Names a New Chief Financial Officer
Hutchison Telecom has announced that Mr Tim Pennington has given notice of his resignation as Chief Financial Officer and will step down at the end of August to return to the UK. more
Related Tags: tim, hutchison-telecom, seven, hutchison, essar, hutchison-essar
Nortel 4Q Net Loss Widens - More Job Cuts Planned
TORONTO -(Dow Jones)- Nortel Networks widened its fourth-quarter loss because of increased tax reserves and announced it will cut another 2,100 jobs as part of its turnaround plan as it struggles with a slowdown in spending by its carrier customers, particularly in the U.S. because of that country's struggling economy. more
Related Tags: ethernet, thomson, voip, sprint-nextel, rcom, nortel, compete, nortel-networks, sprint, ben, new-york, Canada
Australia's Telstra Upgrades Guidance, Shares Rise
SYDNEY -(Dow Jones)- Australia's dominant telecommunications company Telstra Corp., Thursday raised its long and short-term earnings guidance as its transformation strategy gains traction and it beats rivals in attracting customers. more
Related Tags: telstra, Australia
America Movil Sees 3G Launch 1Q 08, Eyes Spectrum Auctions
MEXICO CITY -(Dow Jones)- Mexico's America Movil, Latin America's largest mobile operator, said Friday that it's on track to commercially launch advanced third-generation services in several markets early next year. more
Related Tags: telefonica, ran, america-movil, antitrust, cofetel, Mexico
France Telecom 1st Half Net Profit +41%, Outlook Confirmed"
PARIS -(Dow Jones)- France Telecom Thursday posted first-half net profit up 41%, as the group stabilized its domestic business while pursuing growth in emerging markets. more
Related Tags: france-telecom, termination-rates, number-portability, vivendi