Idea’s profit jumps 62%; data and voice drive growth

India’s third largest mobile operator Idea Cellular reported strong profit and revenue growth for its fiscal year ending 31 March, benefiting from brisk demand for data and stabilising voice income. Its net profit expanded 62 per cent to INR31.9 billion …

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KT’s net loss widens to $888M on one-off costs

South Korea’s KT today reported a net loss for 2014 more than 15 times higher than in 2013 due mainly to the one-off cost of a voluntary retirement programme. Its net loss last year expanded to KRW965.5 billion ($888 million) …

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Mobile unit drives LG’s revenue growth in 2014

Strong growth in LG Electronics’ mobile communications unit helped the company more than double its net profit last year and increase revenue four per cent to KRW59.04 trillion ($55.9 billion). The South Korean electronics giant reported a 125 per cent jump …

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HTC quarterly revenue rises for first time since 2011

HTC reported its first quarterly revenue increase since 2011 as it appeared to benefit from its new mid-range smartphones and tablet produced in collaboration with Google. The Taiwanese vendor reported revenue of TWD47.86 billion ($1.5 billion) in its unaudited results …

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