T-Online Turns Third-Quarter Profit
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T-Online International AG, Europe's biggest Internet services provider, said Tuesday it turned to a profit in the third quarter after stepped-up marketing efforts led to a significant increase in customers.
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A quarterly profit of $3.2 billion was driven by increased trading volume and merger activity.
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Time Warner Inc. (TWX.N: Quote, Profile, Research) , the world&#39;s largest media company, on Wednesday reported a lower third-quarter profit and established a $500 million legal reserve
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LONDON, October 11  - Deutsche Telekom AG (DTE.ETR) has offered to buyback the remaining stake in its Internet services subsidiary, T-Online International AG, for about â¬3 billion ($3.
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AT&T Inc. earned $3.1 billion in the fourth quarter as its wireless and broadband businesses did well, a trend the nation's largest telecommunications company said would help it keep growing even in a sputtering economy.
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Comcast Corp., the largest U.S. cable operator, on Wednesday posted a third quarter profit, boosted by high-speed Internet customer gains that offset slower growth in basic video subscribers.
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TXU Corp. (NYSE:TXU) posted a 69 percent increase in third-quarter profit, as profit from TXU&#39;s energy unit improved the company said Friday.
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Time Warner Inc., the world's largest  media company, on Friday said its quarterly net profit rose by  76 percent, boosted by digital video, high-speed Internet and  higher advertising sales at its cable networks.
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Time Warner Cable Inc , the second-largest U.S. cable operator, on Wednesday posted a 23 percent rise in fourth quarter profit from higher broadband and phone customers.
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Comcast Corp. CMCSA.O, the largest  U.S. cable operator, on Wednesday posted a third quarter profit  on better-than-expected gains in high-speed Internet customers  and raised its full-year outlook for subscriber growth.
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The online retailer announced Tuesday that its second-quarter net income increased more than threefold, with revenue up 35 percent.
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AT&amp;T&#160;reported net income of $3.1 billion for the third quarter of 2007, up from $2.2 billion a year earlier, largely due to its&#160;acquisition of BellSouth.AT&amp;T nearly doubled its revenue from a year ago, going from $15.6 billion to $30.1 billion, but those 2006 numbers don&#39;t factor in the BellSouth acquisition and revenue from Cingular Wireless, which AT&amp;T and BellSouth co-owned. The BellSouth deal closed Dec. 29, 2006.AT&amp;T&#39;s revenue was up 3.2 percent from the combined revenue from AT&amp;T, BellSouth, and Cingular in the third quarter of 2006. Comparable earnings per share were $0.50 compared to $0.56 the third quarter of 2006.AT&amp;T&#39;s adjusted third-quarter earnings, which exclude costs and accounting effects associated with the acquisition, were $4.3 billion, or $0.71 per diluted share, up from $2.4 billion, or $0.63 per diluted share, in the third quarter of 2006.AT&amp;T&#39;s third-quarter results were &quot;excellent,&quot; Randall Stephenson, AT&amp;T chairman and CEO, said in a statement. Stephenson cited growth in wireless, broadband, and U-verse TV customers as the reason for a strong quarter.AT&amp;T&#39;s renamed wireless division saw an increase in 2 million customers in the quarter, the company said. The company&#39;s wireless division now has 65.7 million subscribers.AT&amp;T&#39;s merger integration efforts are on schedule, the company said, and cost savings are running ahead of the original estimates. In the first three quarters of 2007, cost savings from the BellSouth merger were about $2.8 billion, and AT&amp;T expects those savings to reach more than $3 billion for the year.Wireless data revenue increased 63.9 percent from last year, driven by increases in consumer and business data usage, including messaging, media bundles, laptop connectivity, and smart phone connectivity, AT&amp;T said.In the broadband space, AT&amp;T&#39;s connections, including DSL (Digital Subscriber Line), AT&amp;T U-verse, and satellite broadband services, increased by 499,000 in the quarter to reach 13.8 million. That&#39;s up 2.2 million, or 18.6 percent, over the past year.
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Time Warner Inc.  on Wednesday  posted a second-quarter profit on more digital phone and  high-speed data customers and reported strong growth in online  advertising as it disclosed plans to offer AOL's e-mail and Web  services for free.
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Wireless equipment maker LM Ericsson posted a third-quarter profit that was in line with analysts&#39; expectations and said its mobile networks were expected to show signs of slight growth in the coming months.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period  a year ago, on a modest rise in sales.
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The investment firm reported strong third-quarter earnings.
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E*Trade Financial Corp. , an online bank and brokerage, on Monday said its third-quarter profit rose as lower expenses offset a drop in net revenue.