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China Mobile's 9-month profit grows 3%, revenue slightly declines

2018-10-23 09:08:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 567.7 billion for the first three quarters of 2018, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 518.4 billion, up by 0.6 percent over the same period last year. EBITDA was CNY 214.1 billion, up by 3.1 percent over the same period of 2017, while profit reached CNY 95 billion, up by 3.1 percent year-on-year.

Tags: china slightly profit revenue

Ericsson Q3 revenue, margins improve on cost cutting, 5G demand

2018-10-18 02:00:00| Total Telecom industry news

Ericsson on Thursday reported healthy third quarter revenue growth and an improvement in gross margin, thanks to growing 5G demand and the company's aggressive cost cutting programme. "There is strong momentum in the global 5G market with lead markets moving forward…read more on TotalTele.com »

Tags: cost improve demand revenue

America Movil revenue, earnings up on changing customer mix

2018-10-18 02:00:00| Total Telecom industry news

America Movil posted a strong set of financials for the third quarter, buoyed by the acquisition of postpaid mobile customers in its major LatAm markets, while increasing stability in the region helped offset its usual currency headwinds…read more on TotalTele.com »

Tags: customer america changing mix

DoT to investigate possible under-reporting of revenue by Indian telcos

2018-09-26 02:00:00| Total Telecom industry news

India's mobile operators face having their accounts audited by the Department of Telecommunications (DoT). According to an Economic Times report this week, the regulator is looking for evidence of under…read more on TotalTele.com »

Tags: indian revenue dot investigate