EE sees revenue growth in Q2 – just

EE trumpeted a “return to growth in operating revenue” during the second quarter of 2015, up a slim 0.1 per cent to £1.51 billion. Growth was up 2.2 per cent year-on-year when excluding regulatory impacts. Olaf Swantee, the company’s CEO, said: …

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Orange ups stake in Morocco’s Meditel

Orange acquired an additional 9 per cent stake in Moroccan affiliate Meditel, taking its holding in the country’s number two mobile operator to 49 per cent. The move follows an agreement signed by Orange and shareholders Fipar-Holding (owned by a Moroccan …

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Strong data uptake boosts Vodacom

African operator group Vodacom trumpeted a 5.1 per cent increase in service revenue in the quarter to 30 June 2015, which Shameel Joosub, its CEO, described as “a continuation of the positive growth momentum”. Service revenue increased to ZAR15.66 billion …

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Qualcomm confirms restructure plan as Q3 profit drops

Qualcomm confirmed the implementation of a “Strategic Realignment Plan”, which Steve Mollenkopf, its CEO, said represent “fundamental changes” for the company. This includes “aggressively right-sizing” the company, with the removal of $1.4 billion in spending, including a $300 million reduction …

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Apple sees strong iPhone sales; deems Watch launch a “great start”

Tim Cook, CEO of Apple, said the company had seen an “amazing quarter”, with strong sales growth for its iPhone line – but all eyes were on the “great start” for Apple Watch. Unsurprisingly, the company did not give much …

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Verizon set for “very positive” H2 following AOL deal

Verizon Communications announced solid financials for the second quarter of 2015, a period which saw it complete its $4.4 billion acquisition of AOL. “We’re now poised to offer customers exciting new over-the-top mobile video services, and we look forward to …

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4G drives 43% profit growth for ZTE

ZTE said that 4G growth gave a strong boost to both profit and revenue in the first half of 2015. According to preliminary results released today, the company is expecting first half profit attributable to shareholders of CNY1.61 billion ($259.69 million), …

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Tele2 sees strong mobile growth in Q2 despite profit drop

Tele2 reported Q2 results which it said “proved the strategy to become a value champion is the right way forward”, although there has been weakness in its fixed business. “With loyal customers, high consideration, and the increasing data consumption, Tele2 …

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Huawei sees strong H1 growth

Huawei said that its sales increased by 30 per cent in the first half of 2015, with the company citing “stable and healthy growth” across its operating units. First half sales stood at CNY175.9 billion ($28.33 billion), and, according to …

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