News
High demand for video games during lockdowns buoys Tencent revenue
High demand for video games during COVID-19 lockdowns buoyed Tencent Holdings’ first-quarter revenue and profits with blockbuster games. Read more…
revenue
Off the Wire
Indosat Ooredoo reports revenue growth of 8% for Q1 2020 YoY
Indosat Ooredoo has reported its first-quarter 2020 performance. Total revenue increased by 7.9% to IDR 6.5 trillion (USD 432 million) YoY. Read more…
Off the Wire
HKT sees revenues drop, plans 5G launch for April
Hong Kong fixed and mobile operator HKT, which is part of the PCCW Group, saw revenues, Including handset sales, drop 6% to HKD33.10 billion. Read more…
News
Globe Telecom revenue and profits up on strong data growth
Ayala-led Globe Telecom said full-year consolidated service revenues reached USD2.9 billion in 2019 due to sustained data revenue growth. Read more…
News
Jio growth continues in subscriber numbers, revenue and profit
Jio, India’s largest mobile provider by subscribers, has booked operating revenue increase of 28.3% year-on-year and EBITDA margin of 40.1%. Read more…
Views
Discovering new revenue streams with 5G network slicing
The rollout of 5G promises telcos many new opportunities, not least that they will be able to improve efficiency and tap into new revenue streams. Read more…
News
Singapore’s Starhub sees drop in revenues and net profit
Singapore’s StarHub saw net profit attributable to shareholders and non-controlling interests fall 2.4% year-on-year while total revenue declined by 1.6%. Read more…
News
Huawei revenue spurred by smartphone sales before US bans
Huawei Technologies third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the US. Read more…
News
China’s ByteDance records better than expected revenue
China’s ByteDance, owner of video-sharing app TikTok and one of the world’s most valuable unicorns, booked better-than-expected revenue of $7-$8.4bn Read more…
News
Huawei warnings on growth despite half-year revenue surge
Chinese tech giant Huawei Technologies warned a US trade blacklisting will impact short-term revenue growth, even as its half-year revenue surged 23%. Read more…
News
Huawei suffers harder-than-expected hit from US ban
China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a US ban, the company’s founder and CEO Ren Zhengfei said. Read more…
News
AT&T upbeat about 5G revenue but it will take years
BARCELONA (Reuters) – AT&T is upbeat on long-term revenue prospects for 5G services but expects it to take years before 5G-enabled devices predominate, CFO John Stephens said on Wednesday. AT&T, the second-largest U.S. wireless carrier, Read more…