Axiata’s income drops 13% on rising costs at XL and Celcom

Malaysia’s Axiata Group reported a 13.3 per cent drop in its Q1 net profit as operating costs rose and growth slowed at its two largest units – Celcom and XL. The group’s net profit for the quarter fell year-on-year to MYR585 …

The post Axiata’s income drops 13% on rising costs at XL and Celcom appeared first on Mobile World Live.

Globe’s Q1 profit jumps 43% on strong mobile data gains

The Philippines’ Globe Telecom reported a 43 per cent jump in Q1 net profit and double-digit revenue growth as mobile data revenue expanded 58 per cent. The company’s net profit hit a record PHP4.2 billion ($93.65 million), while its EBITDA rose …

The post Globe’s Q1 profit jumps 43% on strong mobile data gains appeared first on Mobile World Live.

SK Telecom sees profit jump but revenue growth slow; 4G accounts for 61% of mobile base

South Korea’s largest mobile operator SK Telecom saw its Q1 profit jump sharply, but revenue slowed due to the government phasing out activation fees and lowering interconnect rates. The operator’s net income jumped 65.6 per cent to KRW442.7 billion ($409 …

The post SK Telecom sees profit jump but revenue growth slow; 4G accounts for 61% of mobile base appeared first on Mobile World Live.

PLDT reports flat Q1 as SMS and roaming decline

The Philippines’ largest operator PLDT reported its net profit and revenue were stable in Q1 from a year ago as continued gains in data revenue couldn’t offset declines in SMS and international voice. The operator’s net profit was almost unchanged …

The post PLDT reports flat Q1 as SMS and roaming decline appeared first on Mobile World Live.

Malaysia’s Digi posts mixed results; data revenue up 18%

Malaysia’s third largest mobile player Digi.Com (Digi) reported a small drop in its profit for Q1 due to the expiry of a tax benefit, but double-digit growth in data revenue helped offset the continued decline in voice revenue. The operator’s …

The post Malaysia’s Digi posts mixed results; data revenue up 18% appeared first on Mobile World Live.

China Telecom’s net profit falls 9%; continues to add subs

China Telecom’s Q1 results were hit by the country’s new value-added tax (VAT), with its net profit dropping 9 per cent and revenue declining 2 per cent compared to a year ago. The company’s unaudited results showed that net profit fell to …

The post China Telecom’s net profit falls 9%; continues to add subs appeared first on Mobile World Live.

ZTE’s Q1 profit expands 42%

Chinese vendor ZTE reported a 42 per cent increase in Q1 net profit as its mobile ICT strategy started to generate new growth avenues. Its income increased to CNY883 million ($142 million) in the first three months, while revenue rose 10.2 per cent to …

The post ZTE’s Q1 profit expands 42% appeared first on Mobile World Live.

China Mobile adds 53M 4G connections in Q1

China Mobile’s 4G march picked up steam in the first quarter, with the country’s leading operator (and the world’s largest) widening the gap with the number 2 and 3 players as it added 53 million 4G connections. Its 4G connections jumped …

The post China Mobile adds 53M 4G connections in Q1 appeared first on Mobile World Live.

Surge in handset sales pushes M1’s profit up 6.6%

Singapore’s smallest operator M1 posted a 6.6 per cent increase in its net profit in Q1 compared to a year ago, as brisk demand for the latest smartphones boosted handset sales 150 per cent to SGD90 million ($66 million). The operator’s …

The post Surge in handset sales pushes M1’s profit up 6.6% appeared first on Mobile World Live.