Info Image

Sprint Turns the Corner with Postpaid Net Additions of 405k

Sprint, Tuesday, announced during its fiscal third-quarter report that it has added 405,000 net new post-paid subscribers, of which 368,000…

Zain KSA Narrows Quarterly Losses with 8% Growth in Revenues

Zain Saudi Arabia (Zain KSA) reported an 8% increase in revenues to reach SR1,801 million ($USD480) in the last quarter…

Ericsson Profits Plunge in 2016 but Higher Revenues Than Expected

7 years ago
Swedish telecoms vendor, Ericsson reported fourth quarter net loss of 1.6 billion kronor ($USD181 million), mainly due to a decline…

AT&T Posts 1.1M Wireless Net Adds, but Losses 67k Postpaid Customers in Q4

The second largest mobile operator in the US, AT&T this week announced fourth quarter earnings, posting net income of $2.44…

HPE to Acquire Data Management Startup SimpliVity for $650 million

7 years ago
HPE has signed an agreement to acquire privately held SimpliVity, a leading provider of software-defined, hyperconverged infrastructure (combination of compute,…

Axiata Signs Deal to Sell Stake in Tower Infrastructure Unit edotco for $600 million

Axiata Group and the Group’s infrastructure company, edotco Group, Wednesday announced a USD600 million equity private placement deal with Innovation…

GoDaddy Acquires HEG for $1.79 bn, Beats Bids By Deutsche Telekom & United Internet

GoDaddy has entered into an agreement to acquire Host Europe Group (HEG) for €1.69 billion (US$1.79 billion) to accelerate its…

Indosat Ooredoo Returns to Profit Following Double-Digit Growth in Data Users

Indonesia second largest mobile operator, Indosat Ooredoo returned to profit as it recorded double-digit growth in data users. The Operator…

Samsung Acquires NewNet to Bolster RCS Offering

7 years ago
Samsung has aquired Canada-based Rich Communications Services business from NewNet Communication Technologies. Previously known as NewPace prior to its acquisition…