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  • Huawei announced revenues of CNY 325.7 billion for the first half of 2017, up 15 percent from the year-earlier period, according Telecompaper. The company's operating margin reached 14 percent, up from 11 percent reported for H1 2017.    The sales growth was in line with the 15 percent reported for all of 2017 and follows recent comments from the company...
    01 August 2018/ Continuare
  • Reuters, the world’s largest international multimedia news provider, today unveiled a personalized news app designed to help business professionals make better decisions, according Thomson Reuters. The new Reuters news app – available today on iOS devices – has been built to provide users with an indispensable ‘news utility.’   The design puts an emphasis...
    31 Iulie 2018/ Continuare
  • Qualcomm has abandoned its takeover of NXP Semiconductors after it was unable to obtain regulatory approval in China by the agreed deadline of 25 July, according Telecompaper. The failure to close the deal, first announced in October 2016, means Qualcomm will pay NXP a termination fee of USD 2 billion. Qualcomm also announced plans to buy back USD 30...
    26 Iulie 2018/ Continuare
  • Verizon upgraded its outlook for full-year revenue growth after reporting improving trends at its mobile business in Q2, according Telecompaper. The US operator now expects a low-to-mid single-digit percentage increase in revenues this year, driven by better-than-expected equipment sales, compared to a previous forecast for low single-digit growth. For the...
    25 Iulie 2018/ Continuare
  • Google parent company Alphabet reported second quarter revenues up 26 percent from the year before to USD 32.657 billion, with the increase at 23 percent on a constant currency basis, according Telecompaper. CFO Ruth Porat (photo) attributed the rise to company investments, strong results for advertisers and new business opportunities for Google and...
    24 Iulie 2018/ Continuare
  • ICT services provider Econocom Group reported a drop in recurring operating profit for the first half, to EUR 34 million from EUR 58 million. In line with its earlier profit warning, the company has cut its forecast for full-year results, according Telecompaper. Revenues for the first six months rose 12.8 percent to EUR 1.319 billion, including 3.8 percent...
    23 Iulie 2018/ Continuare
  • The market capitalisation of the 100 largest companies globally has increased significantly by $2,597bn or 15% compared to 31 March 2017, according to PwC’s Global Top 100 ranking, released today. This rise comes on top of a 12% increase in 2017, and the total capitalisation continues to grow, year on year, since the global financial crisis. „If we look at...
    18 Iulie 2018/ Continuare
  • Orange Romania launched a promotional campaign that rewards customers who open a My Orange account with a chance to win a Renault Twizy electrical car or one of 15 Pegas Strada bicycles, according Telecompaper. The campaign takes place until the end of July and winners will be announced on 9 August.
    17 Iulie 2018/ Continuare
  • Microsoft Romania announced that its general manager Gabriela Matei (photo) has decided to leave the company for a job elsewhere, according Telecompaper. Matei joined Microsoft Romania six years ago as cloud director and was named GM in 2016. Microsoft said the cloud segment had grown significantly and overall the company showed a strong performance under...
    16 Iulie 2018/ Continuare
  • The strong momentum underway in Central Europe’s private equity markets should continue, according to the latest Deloitte Central Europe Private Equity Confidence Survey. The high level of deal activity in Central Europe’s (CE) private equity (PE) markets is set to continue, with two-thirds of respondents expecting market activity to remain the same, the...
    13 Iulie 2018/ Continuare

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