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Revenues up 24%, despite challenging 2019 for Huawei

2019-10-16 02:00:00| Total Telecom industry news

Chinese network equipment provider, Huawei, has posted a 24.4 per cent increase in its revenues for the first nine months of 2019, according to an official release. Revenues grew to 610.8 billion yuan ($86 billion)…read more on TotalTele.com »

Tags: for challenging revenues huawei

Facebook pays 28.5m in tax as revenues hit a record 1.65bn

2019-10-11 12:37:03| BBC News | Business | UK Edition

Tech firms have been criticised for the amount of tax they pay, but Facebook says it pays what is legally owed.

Tags: record hit tax pays

LG profits rise 4.3%, revenues reach record levels in Q3

2019-10-07 11:41:00| Telecompaper Headlines

(Telecompaper) Following a sharp profit drop in the second quarter, LG Electronics said preliminary results for the third quarter showed an increase in both revenues and profit. Revenues for the quarter lifted 1.8 percent year-on-year to nearly KRW 15.7 trillion, hitting record levels for Q3 results. The operator profit meanwhile advanced 4.3 percent to KRW 781.1 billion. Cumulative revenues for the first three quarters totalled KRW 46.24 trillion, also a record number.

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Dutch consumer multi-play revenues grow 4.5% on shift to quad-play, FMC bundles

2019-09-26 07:17:00| Telecompaper Headlines

(Telecompaper) The triple-play or 'All-in-1' package has long been the most popular bundle in the Dutch market. However, more and more consumers are turning to quad-plays, driven by increased marketing of the offers by VodafoneZiggo and T-Mobile. The triple-play fell to 48.9 percent of multi-play households in Q2, down nearly 3 percent points from a year earlier, while quad-play increased its market share 2.3 points over the same period to 27.3 percent.

Tags: consumer grow shift dutch