Philippine telcos lead world in texting profits
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Philippine carriers Smart Communications and Globe Telecom lead telcos worldwide in reaping revenues from cellular data transfers, according to a report in Business World.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.
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LM Ericsson, the world's largest maker of wireless networks, on Friday said earnings grew 12 percent in the second quarter, boosted by strong sales in Asia.
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The most established names in telecoms, Internet and media gathered in Barcelona Monday for the Mobile World Congress, one of the world's biggest events for the mobile phone industry.
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Largely because of the mobile phone boom in developing countries, telephone service has quadrupled in the past decade to 4 billion lines worldwide, according to a report Tuesday from the U.N. telecommunications agency.
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Italian mobile phone users have donated more than 11 million euros (15 million dollars) for the victims of the Asian tsunamis through a text messaging arrangement that seemed to set a trend, it was reported.
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Mobile phones are expected to generate more money this year than traditional fixed-line services for the first time due to surging demand in developing countries such as China, India and Russia, an annual industry report said.
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MANILA (Dow Jones)--Smart Communications Inc., the top mobile phone operator in the Philippines, is in talks with Singapore&#39;s Mobile One Ltd.
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Mobile phones are expected to generate greater revenue this year than traditional land lines with the nations of Africa, Asia and Latin America driving growth, a U.N. agency said Thursday.
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Taiwan's leading telecom operator, Chunghwa Telecom, said it had a net profit of 43.45 billion Taiwan dollars (1.32 billion US) in the 10 months to October or 4.0 percent ahead of its full year target of 41.58 billion dollars.
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Worldwide mobile phone subscribers totalled nearly 1.5 billion by the middle of this year (about one quarter of the world&#39;s population), according to the International Telecommunication Union.
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Global mobile phone sales grew 35% to over 150 million in the second quarter, say industry analysts Gartner.
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Telecom Corp., New Zealand&#39;s largest phone company, probably increased first-quarter profit 14 percent as it spent more on marketing and cut prices to lure customers to its mobile and high-speed Internet services.
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Modern technologies update Chinese traditions as billions of text messages zing phone to phone.
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Text messages sent to and from mobile  phones will more than double over the next five years to 2.3  trillion messages sent by 2010, a survey said on Tuesday.
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Infosys Technologies profits from global outsourcing trends.
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Kuwait's Mobile Telecommunications Co (MTC) announced record net profits of 305.3 million dinars (1.056 billion dollars) in 2006, a 67.9 percent year-on-year rise.