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Mobile and Telecoms

South Africa: Telkom results reflect a company at the crossroads

Staff Writer -
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...
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Interactive Intelligence announces strong finish to 2012

Staff Writer -
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...
Mobile and Telecoms

Vox Telecom results a mixed bag

Staff Writer -
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...
Mobile and Telecoms

MTN results: Africa to benefit in 2011

Staff Writer -
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...
Mobile and Telecoms

Telkom CEO: “2010 tough with muted revenue growth”

Staff Writer -
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%...
Mobile and Telecoms

Nokia results out next week

Staff Writer -
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...
Mobile and Telecoms

Nokia 1st quarter operating profit declines 96%

Staff Writer -
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...
Mobile and Telecoms

Sony Ericsson issues profit warning

Staff Writer -
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...
Mobile and Telecoms

Zain posts strong results

Staff Writer -
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...
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IBM posts impressive results

Staff Writer -
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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Latest News

Artificial IntelligenceMamsi Nkosi -

How can AI Technology Drive Retail Risk Management in SA

The retail industry in South Africa is currently grappling with significant challenges, particularly as consumers experience economic strain following...
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