Myanmar's fundamentals, such as its 40 percent mobile penetration rate, are positive signs for investment in the teleco sector, says Suresh Sidhu, CEO of Edotco Group.» Read More
Sprint Nextel and Clearwire are close to announcing a $12 billion joint venture with major cable operators for high speed wireless Internet access for mobile phones and laptops, a source said.
Sprint Nextel is considering spinning off or selling its Nextel unit, The Wall Street Journal reported on Monday, quoting people familiar with the situation.
Deutsche Telekom fell 1.7 percent in Germany Monday following a weekend report that it is interested in buying Sprint Nextel.
BusinessWeek is finally subscribing to the thought process I, and others who follow Apple, put forth months ago: that as Apple opens development for the iPhone, and more enterprises start adopting it as a worthwhile alternative to the BlackBerry from Research in Motion, it stands to reason that more companies may also lean toward the Mac as well.
Nortel Networks posted a bigger first-quarter loss Friday as a series of charges weighed on results, but the telecommunications equipment maker reassured investors that it still expects to meet its full-year targets, which sent its shares higher.
The nation's largest cable provider, Comcast, reported its quarterly earnings in line with expectations. Better than expected gains of subscribers to high-speed Internet and digital phone services reassured Wall Street that Comcast is holding it own in competition with the likes of DirecTV and AT&T.
European shares rose on Wednesday, boosted by better U.S. economic data and a raft of bullish company updates, to register their best monthly performance in 4-1/2 years ahead of a key U.S. rate decision.
Earnings out of Europe were mixed Wednesday as telecom giant Alcatel-Lucent cuts its telecom market forecast and reported a bigger-than-expected first-quarter net loss.
Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Monday.
Verizon Communications reported Monday a higher quarterly profit on stronger-than-expected growth in wireless subscribers, showing resilience in the face of a U.S. economic slowdown.
European shares rallied on Friday to end the week in positive territory, led by technology stocks after Ericsson beat forecasts with its earnings, and as the banking sector stabilized.
Earnings news dominated Friday's European trade with Sweden's Ericsson's shares up more than 12 percent after the company reported better-than-expected results.
Chief executives from Europe discussed earnings, opportunities and challenges their companies face in 2008 with CNBC Europe Friday.
Don't be fooled by the Chinese government's attempt to stabilize the market. There are still a lot of pitfalls - but also some bright spots - in this volatile economy.
Some big companies report tomorrow that will give more clarity on the health of advertising and technology spending, and the health of the European jobs market
European shares rose on Thursday, led by Swiss bank Credit Suisse and drugmakers such as Novartis, and helped also as Wall Street turned positive just before European markets closed.
Motorola said on Thursday its quarterly loss widened on cell phone sales that were at the low end of expectations, signaling further market share losses to Nokia and other rivals.
Earnings from a smorgasbord of European companies revealed a mixed business environment Thursday, with the likes of Bayer and Swedbank beating expectations, while Peugeot Citroen and Stora Enso missed.
SK Telecom, South Korea's top mobile carrier, reported a slight fall in quarterly profit on Thursday, weathering the impact of a bitter marketing war as mobile operators seek to woosubscribers from rivals.
Apple posted a 36 percent rise in profit, helped by strong sales of its Macintosh computers, but its cautious outlook disappointed investors.