The company's operating margin reaches a new three-year Q1 high, as it climbs four percentage points to 25%.
The telco's latest trading update shows its mobile operation is improving, and its cost-cutting is leading to wins.
Net sales reached 1 043 542 million yen, an increase of 23.2% from the FY2013.
Consolidated first quarter revenue was $5.6 billion, up 2% year-over-year and up 6% on a constant currency basis.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
Net revenue for the first fiscal quarter of 2015 increased 40% year-over-year to $25.9 million.
This second round of funding, led by TPG Growth, brings the company's total funding to $230 million and post funding valuation to $1.2 billion.
Telkom is still experiencing revenue pressure from its fixed-line voice offerings, although normalised profit is improving.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
A $150 million investment led by TPG Growth will bring Infinidat's total funding to $230 million, and the company's post-funding valuation to $1.2 billion.
The acquisition is valued at about $3.5?billion, with Riverbed stockholders receiving $21 per share in cash.?
Net profit attributable to shareholders of the listed company increased to RMB 883 million (US$142 million) in the first three months.
The company, which is under threat of suspension by the JSE, will delist from the bourse on 12?May.
The group generated cash of R199 million from operations, converting almost 200% of its profit to cash.?
