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Google parent company Alphabet said revenues for the first quarter jumped 26 percent from the year before to USD 31.15 billion, helped by currency fluctuations. On a constant currency basis, revenues went up 23 in the quarter, according Telecompaper. The net profit leaped to USD 9.40 billion from 5.42 billion, with diluted earnings per share rising to USD...
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“Vodafone celebrates you” campaign continues by rewarding all My Vodafone app users - individuals using prepaid and postpaid services and companies, along with non-Vodafone customers - with a Samsung Galaxy S9 per day with a free Super Red 30 subscription for one year plus various other daily prizes. Until June 7, 2018, any eligible user can win a prize by...
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China Mobile reported operating revenue of CNY 185.5 billion for the first quarter of 2018, which represents an increase of 0.8 percent year-on-year, according Telecompaper. First-quarter EBITDA reached CNY 69.7 billion, up by 3.9 percent year-on-year, while profit amounted to CNY 25.8 billion, up by 4.1 percent over the same period of 2017. Revenue...
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Ericsson said its restructuring process, which made the company write down assets and let go of personnel, started showing positive results in the first quarter, with still lower revenues, but higher margin and profit figures, according Telecompaper. The company reduced its total workforce by over 3,000 in the quarter, bringing the full number to almost 18...
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Romania's Government approved a draft law whose aim is to transpose the EU directive on security of network and information systems (NIS Directive), according Telecompaper. The draft law was sent to the Romanian Parliament with the proposal to be debated and approved in an emergency procedure. Initiated by the Ministry of Communications and Information...
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With a labour force increasingly volatile and open to changing jobs quickly, employers experience the need to add to the salary and benefits packages items which very few would think would make a difference. A Plantronics commissioned 2017 noise in workplace global study revealed that 94% of the respondents said they believe they would get more done in a...
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Telenet has confirmed it's interest in expanding further in the south of Belgium. CEO John Porter told newspaper L'Echo the company has met with Voo's owner Nethys "recently" and sees the Wallonia cable operator valued at EUR 1.0-1.3 billion, according Telecompaper. Porter met with the paper to confirm Telenet's interest following Orange's recent...
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Symantec said it now offers Advanced Threat Protection (ATP) customers a new threat detection technology used by its own research teams to uncover some of the most notable cyber-attacks in history, according Telecompaper. The Symantec Targeted Attack Analytics (TAA) technology enables ATP customers to leverage advanced machine learning to automate the...
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PwC Central and Eastern Europe, the professional services firm, has announced the election of Nick Kós (photo) as its new CEO for a four year term, with effect from 1 July 2018. Nick Kós is currently the Country Managing Partner of PwC Hungary and has held several leadership roles in the region. He has been involved in serving several major clients of the...
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Orange Romania is in talks to acquire local independent cable operator Akta in a transaction that could reach EUR 150-200 million, writes local paper Ziarul Financiar citing several sources from the communications industry, according Telecompaper. Orange representatives did not comment on the information. Dinu Malacopol (photo), CEO and minority...