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annual financial results

Altech posts revenue of R5.157 billion

JSE listed Allied Technologies Limited (Altech) today announced the Group’s interim financial results for the six month period ended 31 August 2012. While the Group’s revenue increased by 6,8%, operating profit was lower than that of the prior period mainly...

Nintendo to continue selling 3DS “below cost”

Japanese electronics manufacturer Nintendo released its annual financial statements recently, and it emerged that the company has been operating at a loss. Nintendo had an operating loss of 37.3 billion yen ($459.54 million) from 2011 to 2012, while net sales dropped...

Telkom SA reveals 2011 tariff adjustments

South Africa's biggest fixed line operator, Telkom has revealed its 2011 telecommunication tariff adjustments. Telkom’s customers can look forward to an overall tariff decrease of 1.7% on basic voice and data services following the announcement of the Company’s 2011 tariff...

MTN Group announces strong results

MTN Group last week announced strong growth numbers at the official announcement of their audited results for the year ended 31 December 2008. Highlights of the announcement include a massive 48% increase in the company’s mobile subscriber base to 90,7...
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How Much Data Does Streaming Use?

Video streaming is the next big thing in the entertainment business. More consumers are developing a preference for streaming...
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