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September 7, 2010

Facebook makes students 20% more stupid

by Darren Allan
In one that can probably be safely filed under the “you don't say” category, new research from the US has indicated that Facebook can have a negative impact on your exam results. The Daily Mail reports that a study undertaken by professor Paul Kirschner over in the States showed that students who revised for exams with their social networking ...

May 12, 2010

Job losses predicted at BT

by David Allen
Tomorrow the phone, broadband and digital TV service provider, BT, is expected to announce that for the first time in eight years it has returned to profit. However, although this may seem to be good news for the company, it appears that at the same time it will be announcing job losses to the tune of around five thousand, ...

May 4, 2010

BBC will beam election results on Big Ben

by David Allen
Election night is one of those occasions that only happens a couple of times every decade, so after weeks of coverage it all boils down to the 6th May and the broadcasters want to make sure that their election night show comes out on top. Unlike a sporting event there are no TV rights for the election coverage and ...

April 7, 2010

Motorola readies results

by David Allen
The world’s largest producer of set-top-boxes will be releasing its figures towards the end of the month and this year it would appear that it wants to try something different, which is not always a good idea. However since Motorola was reorganised into four business units, it has to be assumed that it knows what it is doing and ...

February 26, 2010

Virgin Media returns a strong quarter

by David Allen
The cable, broadband and phone provider Virgin Media has announced that it added 34,200 new cable TV subscribers during the last quarter, taking the provider's total market share to over 3.7 million. As a content provider Virgin Media Television, which includes Bravo, Challenge, Living and Virgin 1 and owns half of the UKTV group of channels with the BBC, ...

October 30, 2009

Virgin Media produces a good result

by David Allen
The cable TV, broadband and phone provider, Virgin Media, is reporting that around sixty per cent of its customers are now on a triple play bundle. The company is upgrading its customers to the up-to-10 Mbps broadband service, and reports that around seventy two per cent are now able get a broadband connection speed of 10 Mbps, and in ...

October 23, 2009

Sky adds 94,000 new subscribers in Q1

by David Allen
It is clear that there is still a huge demand for pay TV services and this demand is reflected in the latest figures released by BSkyB. According to the results for the first quarter, 94,000 new subscribers joined the satellite broadcaster, taking its total customer base to 9.54 million, which is at the higher end of industry expectations. The company ...

October 20, 2009

Strong first quarter from BSkyB predicted

by David Allen
The first quarter results from BSkyB are due out on Friday 23rd October and industry experts are expecting good things from them, but one of the main points of interest will be demand for Sky+ HD. High definition has been a good supporting business within the BSkyB corporation. Other indicators from outside the company are the sales of new ...

August 14, 2009

Unicom continues growth despite recession

by David Allen
Telecoms provider Unicom has posted strong sales figures and increased profits despite the gloomy economic climate. The news comes after BT's recent reports of a sharp drop in quarterly profits. By contrast, Manchester-based Unicom, part of the Universal Utilities Group, is signing up a new customer every three minutes. “Our trading forecasts for 2009/10 are increasingly positive as we continue to increase our ...

July 24, 2009

A good spell for Carphone Warehouse

by David Allen
The Carphone Warehouse has has a good year according to the man behind the company Charles Dunstone, even though he was quick to admit that he did not believe that this would be so. The company is effectively two separate entities running their own bank accounts and releasing individual results. The much awaited demerger of the broadband and phone ...

June 18, 2009

Ipcortex trebles IP PBX sales

by David Masters
UK-based IP PBX maker, ipcortex, reported that sales of its IP PBX rose 200% during the first three months of 2009, compared with the year ago period. This increase is especially impressive in a market that has reported a widespread decline in PBX sales volumes. Industry analysts, MZA, earlier this month revealed that across the market PBX sales are down 38%. Rob Pickering, ...

May 19, 2009

Vodafone profits plunge 50% on writedowns

by David Allen
Vodafone said today that it will continue its tight discipline in cutting costs to counter weaker revenues from voice and messaging in Europe. Reporting its results for year ending 31 March 2009, the telecoms giant posted a 50% fall in net profits to £3.1 billion despite overall revenues increasing 15.6% to £41.0 billion and the results being propped up by the ...

May 6, 2009

HTC expects strong Q2 despite poor April performance

by David Allen
High Tech Computer (HTC) this week announced that it expects second quarter revenues of NT$37.5-38.5 billion (US$1.14-1.17 billion), an increase of 19%-22% from the first quarter, and 8%-11% on the same period in 2008. The projection was made despite a weak April result, with revenues down 7.85% compared with March, and 3.76% compared with April 2008. Total revenues for January to April ...

Discovery’s euro revenues up

by David Allen
Discovery Communications has seen a subscriber increase, which has in turn helped towards overall growth in the first quarter. The US based multi channel broadcaster and producer of some the world’s most influential factual programming, saw growth in the first quarter ending in March, although overall the market has not been so favourable with international networks slipping by ...

April 30, 2009

BSkyB releases results today

by David Allen
There are currently 9.32 households subscribing to Sky TV and around one million of these have chosen to take up the high definition service Sky+ HD. Around 1.4 million customers of Sky subscribe to all three services -TV, broadband and phone, while around 5.1 million customer use the Sky+ set top box. For Sky this means that the average ...

April 24, 2009

Samsung profit down 72%

by David Allen
The world's second largest handset maker, Samsung Electronics, today posted a first quarter profit of 619.20 billion won (£316 million), down 72% on year as consumer demand was squeezed by the global recession. The result improves on the fourth quarter of 2008, when Samsung posted its first ever quarterly loss. This fall in profit came despite Samsung's handset division outperforming Nokia, LG, ...

April 7, 2009

HTC Q1 profits down 30% on year

by David Masters
Taiwan-based smartphone maker High Tech Computer (HTC) has reported its first quarter results, with net profit down 30% on year. Net profit for the quarter dropped to NT$4.89 billion (US$148.26 million), compared with NT$6.95 billion during the first quarter of 2009. Earnings per share dropped to NT$6.56, compared to NT$12.12 in the year ago period. The decreased profit came despite revenues holding steady, ...

March 30, 2009

Half of broadband customers unhappy with supplier

by David Masters
The UK now spends £2.6 billion per year on broadband, but nearly half of consumers are dissatisfied with their service, new research by uSwitch.com has discovered. The price comparison site found that brand loyalty is rapidly declining, with traditional suppliers losing out to smaller competitors who offer better customer service. Consumers now look for speed, value and good customer service, rather than ...

March 23, 2009

Sony Ericsson anticipates fourth consecutive loss

by David Allen
Handset maker Sony Ericsson expects to report a loss of between €340 million and €390 million (£297m and £341m) for the first quarter of 2009. Shipments are expected to drop by 8 million units (36%) on year. This is compounded by the average selling price of handsets falling despite increases in production costs. It will be the fourth consecutive quarterly loss for the ...

March 4, 2009

Handset sales up 6% in 2008 but slump in Q4

by David Allen
Worldwide mobile phone sales grew 6% in 2008 despite a 5% dip in the fourth quarter, analysts at Gartner research have revealed. Total handset shipments for the year hit 1.22 billion units, a 6% increase compared to 2007. Fourth quarter shipments, however, dropped 4.6% on year to 314.7 million units, as manufacturers struggled against global low consumer confidence. This represents a 2% on-quarter ...

March 2, 2009

One million iPhones sold by O2

by David Allen
Mobile network O2 has sold over one million iPhones since it launched the device in the UK market in 2007. The figure was revealed in the quarterly results of O2's parent company Telefonica. O2 said it had been 'stunned' by the uptake of Apple's flagship mobile handset on pay-as-you-go deals, costing £342. Apple reportedly keeps a tight leash on how often O2 can ...

February 5, 2009

Weak pound strengthens Vodafone

by David Allen
Vodafone, the world's largest mobile phone company by revenue, has increased its full year sales forecast because of the weak pound. Whilst many UK businesses are suffering under rising import costs, Vodafone is making the most of the poor exchange rate which makes its overseas sales more valuable. The company increased its full year pre-tax profit forecast by £500 million, to between ...

January 23, 2009

CHT reports $1.37bn 2008 profit

by David Allen
Chunghwa Telecom (CHT) has reported its 2008 results, with net profit of NT$45.33 billion ($1.37 billion), or NT$3.90 per share. Taiwan's biggest mobile operator exceeded its net profit goal of NT$43.60 billion by 3.97%, although the results reflect a 6.05% fall from 2007 net profit of NT$48.25 billion. Revenues increased 0.27% on year to NT$186.8 billion. CHT's results have yet to be audited. In ...

January 22, 2009

Bharti Airtel reports strong Q4

by David Allen
India's top mobile operator, Bharti Airtel, has reported its third quarter results, with profit up 25% on year. Net income for the three months ending 31st December 2009 was 21.6 billion rupees ($442 million), compared to 17.2 billion rupees in the year ago period. Total revenue increased 38% on year to 96.3 billion rupees. The company added 8.17 million new users in the ...

January 21, 2009

Ericsson to axe 5,000 jobs

by David Allen
Sweden-based telecoms giant, Ericsson, announced plans today to axe 5,000 jobs as part of a new cost cutting strategy. The announcement came as the company reported a 31% fall in fourth quarter profits. Despite a 23% rise in sales, fourth quarter earnings fell on year by 1.7 billion kronor to 3.9 billion kronor (€0.4 billion). The job cuts will come through layoffs, reductions ...

January 20, 2009

LG takes third place in handset wars

by David Allen
South Korea-based LG Electronics (LGE) shipped over 100 million handsets in 2008, edging ahead of Motorola and Sony Ericsson to take third place in the global handset market for the first time in its history. This represents a 25% increase compared to the 80.7 million handsets shipped by the company in 2007. An LG spokesperson said the company aims to maintain its ...

January 7, 2009

HTC reports NT$28.7bn profit

by David Allen
Taiwan-based High Tech Computer (HTC) has reported its results for 2008, with revenues growing 28.65% on year to NT$152.56 billion (US$4.61 billion). Net income after tax was NT$28.7 billion, down 0.9% compared to 2007 profit of NT$28.9 billion, but exceeding analyst estimates. International news agency Reuters polled 17 analysts before HTC's results were released. The analysts gave an average net profit ...

December 18, 2008

Nokia and Motorola dominate China's smartphone sales

by David Allen
Nokia and Motorola are the two dominant smartphone sellers in the small but growing Chinese market. Research firm CCID Consulting revealed this week that 7.48 million smartphones were shipped to China during the third quarter, 69% of which were made by Nokia. Motorola came in second with a 20% market share, followed by HTC, Dopod, and Samsung. This is a strong performance from ...

December 8, 2008

Record November profits for HTC

by David Allen
Taiwan-based smartphone maker High Tech Computer (HTC) has reported record monthly profits for November of NT$17.76 billion ($528.57 million). This represents a 10.8% increase on month, and a 22.1% increase on year. Driving the record monthly profits were HTC's two flagship handsets: the Touch Diamond and the Android-based G1. The G1, sold exclusively by T-Mobile, was the US's favourite handset in November. HTC's performance ...

December 5, 2008

Nokia confesses plummeting sales

by David Allen
Nokia has warned that mobile phone sales are falling faster than expected as consumers brace themselves for the oncoming recession. The world's biggest mobile phone maker yesterday cut its global handset sales forecast for the second time in less than a month, and for the third time in three months. On 14th November Nokia predicted handset sales for the fourth quarter of ...

November 3, 2008

HTC on track to hit growth targets

by David Allen
Taiwan-based smartphone maker High Tech Computer (HTC) announced on Friday that it expects fourth quarter and whole year revenues for 2008 to both increase by at least 20% on year. HTC, whose products offer strong competition to Apple's iPhone and RIM's Blackberry range, plans for revenue increases in the fourth quarter to be in the mid twenties percentage range, whilst full ...

October 22, 2008

Tech Mahindra profits up 67%

by David Allen
India-based telecoms software provider, Tech Mahindra, has reported its quarterly results, with profits up 67% on year. The company, whose biggest customer is BT, reported net profit for the three months ending 30th September of 3.03 billion rupees on revenue of 11.65 billion rupees. Business from Europe contributed to 69% of the revenues, whilst US business contributed 23%. Chief Financial Officer, Sonjoy Anand, ...

October 17, 2008

Nokia reports Q3 results; profits down

by David Allen
Finland-based handset maker, Nokia, has reported its results for the third quarter, with operating profit down 21% on year and net sales down 5% on year. Operating profit was €1.46 billion, compared to €1.86 billion in the third quarter of 2007. Net sales for the period were €12.2 billion. This was despite the number of handsets sold by Nokia increasing 5% on year ...

October 15, 2008

Compeq reports record revenues

by David Allen
Compeq Manufacturing, a Taiwan-based maker of printed circuit boards (PCBs) for use in handsets, has reported record monthly income for September with revenues for the month of NT$ 2.7 billion (US$83.4 million). This represents a 21.7% increase on month compared to NT$2.2 billion revenues in August, and a 37.6.% increase on year. The result means total revenues for the third quarter were ...

September 18, 2008

HTC forecasts best ever year

by David Allen
Taiwan-based handset maker, High Tech Computer (HTC), expects strong fourth quarter sales to make 2008 its best year yet. The company is expecting to report revenue for the first three quarters of around NT$105 billion – already hot on the heels of last year’s full year total of NT$118.6 billion. Projected fourth quarter sales of NT$48.8 billion will give a year total ...

September 1, 2008

China Telecom lagging; China Mobile booming

by David Allen
China Telecom has posted its results for the first half of 2008, with earnings down 8.2% on year due to a decline in the use of fixed line services. Net profit for the period was $1.85 billion, $0.02 per share, compared to $13.8 billion in the first half of 2007. Revenues for voice services fell 11.8% to $7.4 billion, whilst revenues from ...

July 25, 2008

Touchscreen handsets drive record LG sales

by David Allen
South Korea-based LG Electronics has reported its results for the second quarter, with record handset sales pushing net profits up 84% to US$695 million. The mobile phone and consumer electronics manufacturer shipped a record 27.7 million handsets, an increase of 45% on year. Consumer electronics also performed well, with crystal display TV sales up 86% and plasma TV sales up 31%. Total ...

July 23, 2008

Ericsson Q2 profits fall 70%

by David Allen
Ericsson, one of the biggest telecoms companies in the world, has reported its second quarter results with profits down 70% on year. Net income for the Sweden-based company - the biggest supplier of wireless networks in the world - fell to 1.9 billion crowns (£160 million) compared to 6.4 million crowns for the second quarter of 2007. The news comes less than ...

June 27, 2008

Blackberry maker doubles income

by David Allen
Canada-based Research In Motion Ltd. (RIM), famous for inventing the Blackberry mobile handset, has announced its first quarter results for the period ending 31st May 2008, with revenues and income more than doubling on year. The mobile communications device supplier saw revenues for the quarter of US$2.24 billion. This represents an increase of 19% compared to the previous quarter ($1.88 ...

June 4, 2008

Hatteras Networks named top ethernet provider

by David Allen
Telecoms industry analyst Heavy Reading has named Hatteras Networks as the world leader in the mid-band ethernet market. Hatteras leads the increasingly competitive field of ethernet-over-copper technology providers, with operations in six continents across the globe and a 38% worldwide market share in the first quarter of this year. Until very recently, high broadband speeds were only available over fiber-based connections. However, Hatteras's ...

April 29, 2008

HTC predicts 20% revenue growth for Q2

by David Allen
Taiwan-based High Tech Computer (HTC), the world's leading smartphone manufacturer, is projecting its revenues for the second quarter to rise 20% on year. The company's first quarter revenues increased 39% on year, with net income for the quarter totalling NT$6.9 billion (US$227 million), an increase of 24% on year. Second quarter revenues are expected to exceed NT$34 million ($1.12 billion), an increase ...