Nokia has defended business scale in difficult market time – 2017 result
Business
Nokia has defended business scale in difficult telco market time – 2017 result
Nokia’s Networks business • 2% net sales growth at constant currency in Q4 2017 was driven by IP Networks and Applications and by Ultra Broadband Networks. The large year-on-year variations in foreign exchange rates had a negative impact on reported net sales, with net sales down 4% compared to the year-ago period. • Strong operational discipline produced a solid Q4 2017 gross margin of 37.6%, and an operating margin of…
Ericsson's 2017 result far below long-term ambition
Business
Ericsson’s 2017 result far below long-term ambition
Ericsson has published results for 2017 fourth quarter and full 2017 year. As globally LTE network deployments have slowed down before 5G era will really come, Ericsson it’s not alone on the market with problem of business growth. Net sales went down by 12% to estimated value of 25.5 B USD. Most of the financial and operational KPIs looks quite depressing, but according to company plan it supposed to be…
Business
Deutsche Telekom most valuable European telecommunications brand
Deutsche Telekom defends the top spot as the most valuable telecommunications brand in Europe, followed by Orange and Vodafone. According to the “Brand Finance Global 500” ranking, the company has achieved the highest brand value in its history, at 40.2 billion U.S. dollars. This is an increase of ten percent on the previous year’s value. Since its relaunch in 2008, the brand has seen continuous growth in value, increasing by…
Business
Telenor Strong Earnings in Q4 2017
Telenor, after a strong first 3 quarters of 2017, achieved an even more impressive Q4 with $4.16 billion of revenue. The company closed 2017 with a total of $16.2 billion comparing to 2016’s $16.3 billion. Fourth quarter 2017 summary On an organic basis, revenues dropped 0.5%, while subscription and traffic revenues rose by 3%, positively impacted by a negative one-time item in Sweden last year. Currency adjusted opex decreased by…
Business
Samsung Announces 2017 Results
Samsung Electronics posted KRW 65.98 trillion (~$61.7 billion) in consolidated revenue and KRW 15.15 trillion (~$14.5 billion) in operating profit for the fourth quarter of 2017. Overall, the company reported full-year revenue of KRW 239.58 trillion (~$224 billion) and full-year operating profit of KRW 53.65 trillion (~$50.2 billion). Fourth quarter earnings were driven by the components business, with the largest contribution coming from the Memory business that manufactures DRAM and…