Vodafone interim profits dip
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British mobile telephone giant Vodafone reported a two percent fall in half-year underlying profits as the group added 7.4 million new customers.
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LONDON  - British music group EMI reported a fall in interim profits as sales dropped by 11.4 percent, reflecting a release schedule skewed towards the second half and the strength of sterling.
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Shares in telecommunications equipment maker Alcatel-Lucent SA fell Thursday to their lowest level after the company slashed its forecast for full-year revenue growth in its third profit warning since the start of the year
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Japan's top mobile phone operator NTT DoCoMo said its interim sales and profits fell due to stiff competition but forecast higher profitability in the full year.
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Newly merged telecommunications equipment maker Alcatel-Lucent has reported a slump in underlying profits last year and ramped up planned job cuts to 12,500 or 15.6 percent of its global workforce.
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Swedish telecoms equipment maker Ericsson reported a lower-than-expected fourth-quarter gross profit margin on Thursday as the rollout of more mobile networks added to costs, sending its shares down despite strong orders.
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Vodafone Group shares fell on Tuesday as a Wall Street Journal report that its US partner Verizon was weighing a $40 billion-plus bid for Sprint revived fears it would be drawn into its second bid battle of the year.
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Ericsson, the world's biggest supplier of mobile telecommunication systems, has reported a slight drop in second-quarter net profit as the acquisition of British group Marconi in 2005 continued to weigh on earnings.
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Cell phone maker Motorola Inc. on Wednesday said net profits fell sharply in the fourth quarter, and it warned that the recovery in its struggling handset unit will take longer than expected.
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LONDON : British music group EMI reported a fall in interim profits as sales dropped by 11.4 percent, reflecting a release schedule skewed towards the second half and the strength of sterling.
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Worth waiting for summer 2009 Vodafone boss Arun Sarin could be cashing in Â£45m, in shares and options, if he can keep Vodafone on an even keel until summer 2009. Even if he jumps ship now he could sell off what he already owns for a tidy Â£10m.â¦
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MOBILE phone giant Vodafone today rewarded its shareholders with a 100 per cent dividend increase on the back of half-year profits equivalent to more than Â£340 per second.
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Cuts in listing fees forced by an Office of Fair Trading inquiry have left London Stock Exchange swallowing a 6 per cent fall in interim operating profits.
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Share prices on the London Stock Exchange were lower at midday Thursday.
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Mobile service provider Cingular  Wireless, which is buying AT&T Wireless Services  Inc. AWE.N,  said on Wednesday third-quarter operating profit fell on merger  expenses and increasing costs for signing up new customers.
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Nokia has reported a 20% decline in net profit for the third quarter, due largely to cuts it made in the prices for its mobile phones and predicted that earnings would fall again in the fourth quarter.
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NEW YORK  - AT&T Wireless Services Inc.  said on Tuesday its third-quarter profit declined as customers spent less per month, offsetting a rise in net new customers.