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South Africa: Telkom results reflect a company at the crossroads

Telkom SA SOC Limited today reported its 2013 annual results with  an increase in profit after tax, excluding a R12 billion impairment, of R501 million from R179 million in the prior period. The impairment was taken to bring the...

Interactive Intelligence announces strong finish to 2012

Interactive Intelligence Group Inc., a global provider of unified IP business communications software and services, has announced preliminary results for its fourth quarter and full year ended Dec. 31, 2012. “We had a remarkable end to a record year for...

Vox Telecom results a mixed bag

Vox Telecom released it's results for the six months to the end of February 2011, claiming that although their financials are under pressure, the Group's strategy is "on track." The key financial results for the past six months, when compared to...

MTN results: Africa to benefit in 2011

It's "Business as usual" for MTN Group which announced it's full-year results for 2010 on Wednesday. The group's results reflect the explosion of mobile penetration in Africa, with the subscriber base growing by 20% to 141,6 million in December...

Telkom CEO: “2010 tough with muted revenue growth”

In its end of year results, Telkom recorded R7.03 billion revenue against R36.8billion for March. Telkom Group Chief Executive Officer, Reuben September, described his company’s 2010 financial year as being “tough with muted revenue growth”. In total, Telkom recorded a 92%...

Nokia results out next week

The world’s biggest cellphone manufacturer, Nokia, said it will publish its eagerly-awaited fourth quarter and annual results for 2009 next Thursday. “The press release will be available on the Nokia website immediately after publishing,” Nokia said in a brief...

Nokia 1st quarter operating profit declines 96%

Nokia, the world’s leading manufacturer of mobile handsets, has released its results for the first quarter of 2009, again reporting a drop in profits and number of devices shipped during the period. Nokia's first quarter 2009 operating profit decreased 96...

Sony Ericsson issues profit warning

Sony Ericsson has issued a profit warning for the first quarter on 2009, on the back of weak consumer demand in the current negative global economic climate. The company still plans to put around 14 million mobile handsets into the...

Zain posts strong results

Zain this week released its annual financial results for the year ending 31 December 2008, with strong growth numbers in total revenue, net profit and its total customer base. Zane has increased its mobile phone subscriber base by 50% to...

IBM posts impressive results

LEADING computer hardware manufacturer, IBM, has released impressive results showing a record revenue of US$103,6 billion in 2008, despite difficult trading conditions. The company said the results were inspired by a strong performance in the last quarter of the year. The...
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Novus Holdings Invests R55 Million in AI Innovation Company

Novus Holdings has invested R55 million in Bytefuse, an AI company, to enhance its enterprise-scale solutions. Maski, an AI-powered tutoring...
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