News tagged with operating profit

China Telecom profit up 20 percent on 3G users

State-owned China Telecom, the country's third-biggest mobile phone operator by subscribers, said Monday that quarterly profit grew by a fifth as it continued to benefit from spending by new users of data-hungry iPhones.

dateOct 28, 2013 in Business
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Panasonic to abandon consumer smartphones

Japanese electronic giant Panasonic said Thursday it will abandon research into new smartphones for retail consumers at home as it struggles to make inroads in a sector dominated by Apple and Samsung.

dateSep 26, 2013 in Business
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