Dtac reports weak earnings, lower revenue

Thailand’s dtac reported sluggish financial results last year as the economic slowdown since the May coup and intensive competition led to zero connection growth and lower ARPU. The Telenor subsidiary, the country’s second largest operator with a 29 per cent market …

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XL posts $70M net loss on higher acquisition, forex costs

Indonesia’s XL Axiata reported a net loss of IDR891.06 billion ($70.66 million) in 2014 as costs associated with the acquisition of Axis last March and increased forex losses cancelled out solid revenue gains in all business lines. The operator said it borrowed …

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Grameenphone adds 4.4M connections, strengthens market share

Bangladesh’s Grameenphone reported a sharp increase in profit last year as it boosted its connections base by almost 10 per cent and strengthened its position as the market leader. The operator, owned by Norway’s Telenor, added 4.4 million connections in 2014, …

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DiGi profit rises 19% on solid data gains

Malaysia’s DiGi reported a strong financial performance across all revenue streams last year, with rising smartphone usage fuelling double-digit growth in data revenue. Increased smartphone penetration, which jumped more than 10 percentage points to 49.3 per cent from a year …

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Globe’s profit rises 25% on strong company-wide gains

The Philippines’ Globe Telecom today reported strong gains in profit and revenue in 2014, backed by solid performances across all its business units and a 14 per cent increase in mobile connections. Globe’s core net profit expanded 25 per cent …

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