NTT DoCoMo posts flat net profit (Japan)
By Editor on January 31, 2011 · Leave a Comment
Japan’s NTT DoCoMo has announced nearly flat profit for the last three months of 2010.
According to the company, net profit for its third fiscal quarter was $1.63 billion, compared to $1.64 billion the previous year.
Operating profit for the same period increased 4.4% to $2.76 billion coupled with a revenue fall of 2.3% to $13.05 billion.
According to company’s President Ryuji Yamada, DoCoMo was aiming to capture the wave of smartphones.
The carrier, whose smartphone portfolio includes the Samsung Galaxy S and Sony Ericsson Xperia, lost market share to rival Softbank, which retails Apple’s iPhone.
DoCoMo sold 1.26 million smartphone devices in the nine months through December last year. Yamada added DoCoMo expected smartphones sales to exceed 2.5 million units by March. Smartphones are forecast to account for a third of DoCoMo’s total handset sales, or 6 million units, in the coming fiscal year.
DoCoMo kicked off its smartphone drive by announcing a new monthly flat fee scheme for data that will start March 15.
Filed under Mobile · Tagged with flat profit, Japan, Mobile, Net Profit, NTT DoCoMo, Operating Profit, President Ryuji Yamada, Samsung Galaxy S, smartphones, Sony Ericsson Xperia
Samsung 3Q earnings likely to beat the records
By Editor on October 7, 2010 · Leave a Comment
Samsung Electronics, the world’s biggest seller of computer memory chips and mobile phones estimate that third-quarter operating profit likely to have higher profits from the previous quarter’s record along with signs that growth in global demand is waning.
According to the company, it anticipates combined operating profit between US$4.1 billion to US$4.5 billion for the three months ended Sept. 30. That would be higher than the US3.78 billion record in the third quarter last year but less than the US4.49 billion accumulated in the second quarter of 2010.
Aside from supremacy in chips, Samsung is the world’s biggest seller of liquid crystal displays and flat-screen televisions and ranks No. 2 in mobile phone handsets after Finland’s Nokia Corp.
Samsung estimated consolidated sales between US$34.98 billion and US$36.77 billion for the third quarter.
According to spokesman Nam Ki-yung, the company gave no reason for the expected quarterly results and plans to release details when it formally announces third-quarter earnings at the end of this month.
Operating profit was seen as a direct indicator of business performance before taxes, dividends, asset sales and other items that are figured into net profit or loss.
Samsung started issuing earnings estimates, or guidance, last year expecting the increased transparency would help minimize market speculation over its performance. The estimates include the performance of its overseas and domestic subsidiaries.
Filed under Mobile · Tagged with 3Q, asset sales, business performance before taxes, computer memory chips, Dividends, domestic subsidiaries, Finland, flat-screen televisions, global demand, guidance, issuing earnings estimates, LCD, Loss, Mobile, Net Profit, Nokia Corp, Operating Profit, Overseas, Samsung, second quarter
Telekom Austria reports lower revenues in Q1
By Editor on May 12, 2010 · Leave a Comment
www.WirelessFederation.com/news: Due to lower revenues from domestic operations and Bulgaria, the first quarter revenue of Telekom Austria Group dropped 5.9 percent year-on-year to EUR 1.126 billion. Half of the pressure on revenues has been absorbed by cost reductions in the mobile operations.
The EBITDA decline has been limited to 6.4 percent to EUR 425.9 million while the operating profit dropped by 7.7 percent to EUR 166.3 million. Due to lower depreciation and amortization as well as lower interest expenses, net profit increased by 6.9 percent to EUR 91.2 million.
Stabilization of operating trends for the fixed network operations has been allowed by the ongoing reduction of line losses, fierce competitive environment combined with regulatory interventions still effected the mobile operations
Filed under Mobile · Tagged with Austria, Bulgaria, EBITDA, EU, Europe, LG, Mobile, Net Profit, Operating Profit, Telekom Austria
Rostelecom reports 8.2% drop in the Q1 revenues
By Editor on May 10, 2010 · Leave a Comment
www.WirelessFederation.com/news: The net revenue of Rostelecom has been reported to be RUB14.11 billion (USD450.4 million) showing a decrease of 8.2% year-on-year for the three months ended March 31, 2010. The loss in the revenue has been attributed to a fall in sales from a number of traditional segments.
Due to a reduction in direct costs, the operating expenses for the quarter decreased 5.1% ending at RUB12.42 billion. RUB2.96 billion has been the EBITDA of the company down 12.3% while OIBDA margin was 21.0%, down one percentage point from the same period of 2009.
26.3% year-on-year decrease to RUB1.68 billion has been noticed in the operating profit. The net profit slipped 48% to RUB1.03 billion.
Filed under Mobile · Tagged with EBITDA, Net Profit, Operating Profit, Rostelecom
Motorola Q1 profit rises, handset sale falls
By Editor on April 30, 2010 · Leave a Comment
www.WirelessFederation.com/news: The U.S. handset maker, Motorola has announced a profit of $69 million in the first quarter of 2010 as compared to a loss of $231 million in the first quarter of 2009. Even the operating loss of the company narrowed from $545 million on March 31, 2009 to $192 million during March 31, 2010.
The first-quarter operating profit at Moto’s networks division rose to $112 million from $62 million while earnings at its enterprise mobility arm surged to $141 million from $66 million
9% Decline in the revenue of the company has been reported from $1.80 billion in Q1 2009 to $1.64 billion. Even the overall device shipments sank 42% to 8.5 million from 14.7 million a year earlier.
The company’s average selling price (ASP) rose from $169 to $194 owing to continued focus on smartphones. The handset vendor also introduced six new devices and according to co-CEO and head of mobile devices Sanjay Jh, Moto plans to launch 20 Android-powered smartphones in total during 2010.
Filed under Mobile · Tagged with Android-powered, ARTP, Droid, Motorola, Operating Loss, Operating Profit
China Unicom net profit falls 68% in Q1
By Editor on April 30, 2010 · Leave a Comment
www.WirelessFederation.com/news: The first quarter profits for China Unicom and SK Telecom has gone down, courtesy, increasing competition. Due to depreciation, 3G network and marketing costs, Unicom first quarter net profit fell 68% year on year to 1.13 billion yuan ($165.6 million).
Profit would have dropped 69% to 1.05 billion yuan even after excluding the 80 million yuan amortization of upfront connection fees. Thanks to 3G contribution, ARPU increased slightly to 41.5 yuan and revenue rose 6.6% to 40.42 billion yuan.
According to the company, affected by the expansion of networks and the operation of [the] 3G business at an initial stage, the increase in depreciation and amortization, finance costs, selling and marketing expenses and networks, operations and support expenses was relatively significant.
The first quarter net profit of SKT on the other hand rose 1.6% year on year to 321.8 billion won ($287.6 million), but operating profit plummeted 15% to 480.5 billion. SKT had to increase marketing costs by 28% to 846 million from a year earlier, adversely affecting operating profits due to heightened smartphone competition and continued discounting.
Filed under Mobile · Tagged with 3G, ARPU, ASIA, China, China Unicom, Operating Profit, SK Telecom
Saudi Telecom net profit drops by 29% in Q1
By Editor on April 20, 2010 · Leave a Comment
www.WirelessFederation.com/news: 29 percent fall in first quarter net profit has been reported by Arab world’s largest telecom company by market value, Saudi Telecom. Going down from 2.49 billion riyals in the year-earlier period, the telco made a net profit of 1.772 billion Saudi riyals ($472.5 million) in the three months to end March 31.
Operating profit in the first quarter fell 39 percent to 2.35 billion riyals year-on-year.
The fall in the revenue has been attributed to a fall in international call prices, a rise in fees related to using external networks and an increase in expenses due to capital investments throughout the group. Money was also spent on establishing new networks and expanding existing ones.
According to the company, shrinking of the group’s ownership in Malaysia’s Maxis due to listing 30 percent on the Malaysian stock exchange also contributed to the loss.
Filed under Mobile · Tagged with ASIA, Malaysia, Net Profit, Operating Profit, Saudi Telecom, UAE
HTC reports 19.3% rise in revenues in Q3
By Editor on April 7, 2010 · Leave a Comment
www.WirelessFederation.com/news: Revenue of TWD 37.7 billion in the first-quarter has been reported by smartphone maker HTC which is 19.3 percent more than last year. The operating profit of the company increased from TWD 4.85 billion in the year-earlier period to TWD 5.54 billion.
The increase in the net profit has been reported as TWD 5.03 billion from TWD 4.88 billion in the year- earlier period.
According to the handset maker, it saw “strong business momentum” in the quarter, and results came in better than its previous forecasts.
Filed under Mobile · Tagged with HTC, Net Profit, Operating Profit, smartphone
Rostelecom suffers 3.1% loss in revenue in 2009
By Editor on April 2, 2010 · Leave a Comment
www.WirelessFederation.com/news: As a result of a reduction in revenues from a number of traditional segments, 2009 revenue of Rostelecom suffered a loss of 3.1% ending at RUB61.224 billion (USD2.08 billion). Domestic long-distance (DLD) traffic decreased 10.2% year-on-year to 9.186 billion minutes for the twelve months ended December 31, 2009.
DLD and interconnection revenues slipped 11.8% to RUB26.063 billion and outgoing international long-distance traffic declined by 13.5% to 1.752 billion minutes. Representing a decrease of 5.9%, international long-distance revenues from Russian operators and end-customers amounted to RUB11.374 billion.
Increase in competition in the Russian long-distance market, weakened global macro-economic environment and continued migration of long-distance end-customer traffic from fixed line to mobile networks have been cited as some of the reasons behind the poor performance of the company.
With a year-on-year decrease of 15.5%, operating income before depreciation and amortisation (OIBDA) went down to RUB12.089 billion. The operating profit for 2009 decreased by 25.9% year-on-year to RUB7.513 billion, while net profit slipped by 27.9% to RUB5, 101.6 million.
Filed under Mobile · Tagged with ASIA, Long-distance traffic, OIBDA, Operating Profit, operator, Rostelecom, Russia
Taiwan-based Chunghwa Telecom revenue increases by 2.6%
By Editor on April 1, 2010 · Leave a Comment
www.WirelessFederation.com/news: An increase of 2.6% in the annual revenue has been reported by Taiwan-based Chunghwa Telecom earning TWD51.1 billion (USD1.61 billion) for the fourth quarter of 2009. Operating profit increased by 12.7% to TWD13.2 billion and EBITDA rose by 4.4% to TWD22.1 billion for the three months ended December 31, 2009.
The EBITDA margin and operating profit which were 42.6% and 23.4% for the fourth quarter of 2008 went up to 43.3% and 25.7%, respectively. Due to the TWD1.2 billion financial asset impairment recognized in the fourth quarter in 2008, company’s net income rose by 24.6% to TWD10.6 billion.
With 1.6% fall, consolidated revenues of TWD201.67 billion of the company in the year 2008 went down to TWD198.4 billion. From TWD45.01 billion, the net income was down marginally to TWD43.75 billion.
Full year mobile communications business revenue was down by 2.6% but mobile subscribers increased by 3.6% to 9.27 million.
Filed under Mobile · Tagged with ASIA, Chunghwa Telecom, EBITDA, EBITDA margin, Operating Profit, Taiwan
