Sprint costs again weigh on SoftBank’s profits in Q3

SoftBank reported a sharp fall in fiscal Q3 net income as continued high costs from its Sprint acquisition in the US dragged down profitability. The operator’s net income fell to JPY32.28 billion (US$270 million) in the quarter ending 31 December from JPY93.75 …

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Rebound in India helps Airtel double net profit

A 62 per cent jump in mobile data revenue across all regions and a return to double-digit growth in its home market helped Bharti Airtel more than double its net profit last quarter. The company’s net income jumped 135 per …

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KDDI targets 2nd year of double-digit profit growth

Japan’s KDDI posted strong gains in both profit and revenue for the first nine months of its fiscal year, with 4G subscribers almost doubling and ARPU stable. Its net income for the period ending 31 December expanded 30 per cent …

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Axiata’s Q3 net profit falls 21% as Celcom, XL stumble

Axiata’s Q3 earnings fell sharply and revenue was down slightly as its two largest units, Celcom and XL, both faced declines in profits and revenue. The operator’s Q3 net profit decreased 21 per cent to MYR607 million ($181 million) while …

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RCom profit falls as it continues to lose customers

India’s Reliance Communications continued to lose customers in the last quarter, with overall connections down 5 per cent from a year ago and 18 per cent from the same period in 2012. Even as its 3G connections increased from 9.1 …

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