Softbank profit soars after buying mobile phone firm
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Japan's Softbank Corp. has said its net profit for the nine months to December jumped 23.1 percent from a year earlier after it entered the mobile phone market and sold off assets.
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Telephone provider BT Group reported a four-percent rise in second-quarter profit as demand for its broadband services offset a slump in its traditional fixed-line business.
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The pound finished higher across the board, benefiting from merger and acquisition flows after news of Vodafone's 1.8 billion pound sale of its 25 percent stake in Swisscom Mobile.
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Japanese telecoms and Internet  conglomerate Softbank Corp. (9984.T) plans to raise about 1.4  trillion yen (6.31 billion pounds) by securitizing the cash  flow of its Vodafone Japan operations, a source close to the  matter said on Tuesday.
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Dutch bank ABN AMRO  posted a 7.6 percent rise in its annual net profit on Thursday, helped by the purchase of Italian bank Antonveneta and the sale of parts of its business, and announced a share buyback.
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.6bn).
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Shares in Nokia surged on Thursday after the world's largest handset maker reported a surge in profits and expanding market share.
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The South Korean consumer electronics and appliances company swung to a profit on strong sales of appliances and premium mobile phones.
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BARCELONA/HONG KONG  - Vodafone  shares climbed on Monday after the British mobile phone giant beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India's fourth-biggest cellphone firm.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its long-term goal of 40 percent market share in handset sales. The companyâs stock soared.
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Vodafone, the British mobile phone giant, said Thursday it had won 9.1 million new customers during its first quarter, reaping the rewards of its major expansion into emerging markets.
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Strong sales of its latest mobile phones help Motorola report strong profits ahead of Wall Street expectations.
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Mobile phone firm Motorola is buying Symbol Technologies, a maker of barcode scanning systems, for $3.9bn.
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Japanese communications firm Softbank is to buy the Japanese unit of Cable &amp; Wireless for $132 million (72 million pounds), making it the No
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Dutch bank ABN AMRO  posted a  7.6 percent rise in its annual net profit on Thursday, helped  by the purchase of Italian bank Antonveneta and the sale of  parts of its business, and announced a share buyback.
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Telecoms equipment supplier Ericsson reports a rise in fourth quarter profits as clients upgrade their mobile phone networks.
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LG Electronics Inc., South Korea&#39;s second-largest electronics maker, reported third-quarter profit rose 36 percent, better than analysts expected, after selling a record number of mobile phones.