BROWSING: revenue

Huawei reported net profits of CNY87 billion in 2023, up 144.5% year-on-year Chinese vendor Huawei reported total revenues of CNY704.2 billion ($99.1 billion) in 2023. In a release, the vendor also reported net profits of CNY87 billion in 2023, up 144.5% year-on-year. In 2023, the company invested...

Huawei also expects to keep R&D investment at a high level in 2023 Chinese vendor Huawei Technologies estimated that its 2022 revenues remained flat compared to the previous year, despite continued sanctions by the U.S. government. "U.S. restrictions are now our new normal, and we're back...

Newzoo has issued a new report that concludes that the global market for cloud gaming will hit 23.7 million paying users and $1.6 billion in revenues in 2021, aligning with the previous predications made by Safe Betting Sites that, for the first time, cloud...

5G is extremely complex and has widespread impacts throughout the network. This introduces many challenges but also provides many new business opportunities. For instance, it will allow more devices to connect at faster speeds with lower latency than ever before. This will enable companies...

DALLAS–City of Memphis CIO Brent Nair, gave a talk titled, Why make a city smarter? at TMForum earlier this week. He spoke of the human element within the smart city, and the importance of keeping focused on initiatives that will benefit citizens. "Our vision of...

DALLAS–City of Memphis CIO Brent Nair, gave a talk titled, Why make a city smarter? at TMForum earlier this week. He spoke of the human element within the smart city, and the importance of keeping focused on initiatives that will benefit citizens. "Our vision of...

Huawei Helps Carriers Transform towards Digital Business Huawei today announced its financial results for 2015, reporting that its Carrier Services achieved strong year-on-year growth, generating US$12.06 billion in annual revenue worldwide, with a Compound Annual Growth Rate (CAGR) increase of 19% in the past...

Argentina auctioned 10 bands of spectrum and raised about $2.23 billion. The bands auctioned were 850 MHz, 1900 MHz, 1.7/2.1 GHz and 700 MHz. The auction focused on increasing the country's mobile Internet access, including LTE. Four pre-qualified companies bid in the auction: three market incumbents —Telefónica,...

SHANGHAI — Huawei’s enterprise unit was formed just three years ago, but the Chinese company has big ambitions for the unit. The company has set a target of $10 billion in revenues by 2017, a significant increase compared to the $2.5 billion that the...

Chilean telecommunications group Entel's revenue rose 15% in the third quarter of 2012, principally driven by mobile,  data (including IT) and network rental services. Entel's total mobile customers also increased to 9,890,178 in the third quarter of 2012,  a 15% expansion compared to the third...

Brazilian telecommunication service providers invested $2.29 billion (R$4.7 billion) in the first quarter of 2012, according to TeleBrasil, the Brazilian association of telecommunication companies. The amount represents the total investment made in fixed and mobile telephony, broadband and pay-TV from January to March this year...

Adobe Systems, Inc., (Nasdaq:ADBE) is moving to change its lifetime license model to a monthly subscription-based offering. Adobe launched the effort this week around the globe with Creative Cloud, a new way of providing its tools and services. It is a hub for making,...

Brazilian telecom services providers, including mobile, fixed, broadband and pay-TV, invested a total of U.S.$11.81 billion (R$21.7 billion) during 2011, according to the Brazilian Association of Telecommunications (Telebrasil). The amount includes network expansion, coverage increases and service quality improvements, among other investments. Follow RCR Wireless News...

When mature markets are saturated, emerging regions become great opportunities. In general, emerging countries tend to grow at higher rates due to lower market penetration. German software company SAP has for years followed this opportunity across the Latin America region with optimism. “It is one...

América Móvil SAB, the largest mobile-phone carrier by customer base in the Americas, said it ended 2011 with 300 million total customer connections, including 242 million wireless subscribers across its markets. During the final three months of last year, the company posted total revenues...

IBM’s growth market unit, which includes 152 emerging countries under China’s leadership, is expected to represent 30% of the company's revenues by 2015, an increase of 5 percentage points from IBM's initial prediction of 25%. “Brazil is No. 2, behind China, in terms of...

ZTE | August 30, 2011 | Press Release August 30, 2011, Shenzhen, China – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly listed global provider of telecommunications equipment and network solutions, today announced a 21.52% increase in...

DigiTimes | August 22, 2011 | Han Lee, Adam Hwang China Mobile, the largest mobile telecom carrier in China, brought in revenues of CNY250.080 billion (US$38.2 billion) for the first half of 2011, increasing 8.82% on year, according to the company. Read the full article here...

American Tower Corp. (AMT) said its international markets in Mexico, Brazil and India are experiencing strong growth due to new spectrum and technology deployments during second-quarter earnings. Overall, the company reported an increase of 27.1% in its total revenue compared to the same period of 2010,...

TIM Brazil announces its second-quarter financial results and its migration to special listing segment called “Novo Mercado” of BM&FBovespa – Bolsa de Valores, Mercadorias e Futuros S.A. During the second quarter, revenue grew 19.5% year over year to R$ 4,25 billion (US $2.7 billion),...

TIM Brazil announces its second-quarter financial results and its migration to special listing segment called “Novo Mercado” of BM&FBovespa – Bolsa de Valores, Mercadorias e Futuros S.A. During the second quarter, revenue grew 19.5% year over year to R$ 4,25 billion (US $2.7 billion),...

We haven't heard much from Twitter recently. Facebook has been in the limelight for reasons both good and bad, and Google+ burst onto the scene to an overwhelmingly positive reception, but Twitter have been fairly quiet since announcing their photo-hosting service a few months ago.

With presences in Mexico, Brazil, Argentina and Peru, NII Holdings Inc. said it plans to continue to invest in the expansion of the coverage and capacity of its networks and develop and deploy third-generation networks. Consolidated second-quarter 2011 capital expenditures totaled US $304 million,...

While many mobile devices makers, such as Apple and Samsung, are seeing record sales and ever-increasing revenues, Canadian firm Research In Motion are in the midst of a pronounced downward slide, which has today seen them announce a management restructuring and large-scale redundancies totalling around 11% of their workforce.