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VimpelCom net income boosted by cost-cutting program

May. 15, 2013
> All telecom finance news & analysis

VimpelCom net income boosted by cost-cutting program

VimpelCom has reported strong gains in first-quarter profits thanks to cost-cutting measures and a steady top-line performance. Owned by Mikhail Fridman – the Russian billionaire – and Norwegian...
Finance
| By Iain Morris // May. 15, 2013

Vivendi, Bouygues report weak earnings on telecoms setbacks

French industrial groups Bouygues and Vivendi have reported weak first-quarter results as their telecoms subsidiaries continue to struggle in the competitive French market. Sales at Bouygues Telecom...
Finance
| By Iain Morris // May. 15, 2013

SingTel profit slumps 33% on Warid Pakistan losses

Singaporean telecoms incumbent SingTel has reported a sharp fall in quarterly profits owing to losses booked on the sale of its stake in Pakistani operator Warid. The operator said net income dropped...
Finance
| By Iain Morris // May. 15, 2013
Reuters

Verizon Wireless to pay parents surprise $7 billion dividend

Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June, surprising some...
Finance
| By Sinead Carew // May. 15, 2013

Nokia's market share slumps in first quarter: Gartner

Nokia, battling to keep up with Samsung and Apple in the global phone race, lost almost 5 percentage points of market share in the first quarter, research company Gartner said on Tuesday. Overall...
Connected Devices
// May. 15, 2013

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