Our mobile margins will fall: Telstra
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TELSTRA chief financial officer John Stanhope has admitted Telstra&#39;s margins in its $4.5 billion a year mobile phone business will shrink this year in the face of increased price competition and the growing cost of acquiring new customers.
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The Howard government would sell the rest of Telstra within months of a return to power, Labor has warned, as John Howard and Mark Latham retreated to Sydney for Father&#39;s Day campaigning.
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Deutsche Telekom AG's mobile phone arm, T-Mobile, said Thursday it would likely shed 2,200 jobs - about 10 percent of its work force - in order to save $195 million over the next two years.
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Deutsche Telekom AG's mobile phone arm, T-Mobile, said Thursday it would likely shed 2,200 jobs &#151; about 10 percent of its work force &#151; in order to save &#36;195 million over the next two years. It said the cuts will be in Europe.
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Allen Lew, managing director of SingTel Optus Pty&#39;s mobile unit, and Andy Reeves, chief technology officer at Vodafone Group Plc&#39;s Australian unit, speak on a teleconference from Sydney
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million, euro 432.2 million) share buyback that is part of a three-year plan to increase the value of its stock.
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Analysts expect mobile telecom services will grow more than 5 percent per year, but equipment market will shrink.
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The FTSE 100 was trading lower on Monday despite sharp gains for Vodafone after the UK's largest mobile phone company sealed the $18.8bn battle for control of Hutchison Essar.
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THE Howard government would sell the rest of Telstra within months of a return to power, Labor warned. With a Newspoll showing the government in a winning position in 12 key marginal seats, Labor seized on
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Vodafone Group PLC saw a 6 percent increase in revenue and reduced losses for the year to March 31, but revenue and profitability in some of its core European mobile phone markets is shrinking. The changes are forcing the company to look to new markets for growth.
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The accessory line weighs down the company's overall margins.
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million) share buyback that is part of a three-year plan to increase the value of its stock.
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The chief executive officer of Telstra saw his tenure cut short this week amid preparations for the AU$30 billion sale of the remainder of the telecommunications heavyweight, likely in early 2006.
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GSM Association says data-roaming price cuts are already falling and that Commission regulation would stifle innovation.
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Nokia Corp. on Tuesday cut its operating margin targets, blaming increased exposure to the network infrastructure business.Comment
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Bell tolls for handset makers Sales of mobile handsets will decline to single digit growth, but not before annual sales break the billion barrier.â¦
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Alcatel-Lucent SA fell nearly 9 percent Thursday after the telecommunications equipment maker slashed its full-year revenue growth forecast and said it expects third-quarter operating profit to be "around break-even."