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China Unicom Hong Kong updates on progress of matters relating to mixed ownership reform

Wednesday, 9 Aug 2017 07:11am EDT

Aug 9 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Updates on matters relating to mixed ownership reform.Recently obtained approval from National Development And Reform Commission regarding its mixed-ownership reform pilot-run plan."Company has been informed by Unicom A share company that it is still negotiating with potential investors".Unicom A share co noted recent media coverage.Coverage Regarding "China Unicom Established Operating Centers With Tencent & Alibaba & Speculation Of Mixed Ownership Reform Escalated".2 operating centers referred to in article are still in their initial stage of operation.Establishment of operating centers mentioned in article is not related to mixed ownership reform plan.Has been informed by Unicom A share co that it has not entered into any framework agreement with any potential investor.

Vonage posts posts Q2 EPS of $0.02

Thursday, 3 Aug 2017 08:00am EDT

Aug 3 (Reuters) - Vonage Holdings Corp :Vonage delivers strong second quarter 2017 results highlighted by 44% vonage business gaap revenue growth.Q2 adjusted earnings per share $0.07.Q2 gaap earnings per share $0.02.Q2 revenue $252 million versus i/b/e/s view $242 million.Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.Sees 2017 business revenues equating to a range of $498 million to $504 million.Sees fy corresponding total revenue guidance is likewise adjusted to between $981 million and $996 million.Reaffirmed 2017 adjusted oibda guidance of at least $165 million.

Deutsche Telekom says waiting to see results of U.S. merger talks

Thursday, 3 Aug 2017 05:18am EDT

Aug 3 (Reuters) - Deutsche Telekom Chief Financial Officer says :Consolidation being explored in the U.S. and but must wait to see whether there are results.Won't comment on merger speculation about T-Mobile US <<>>.T-Mobile US has all the ingredients for a successful business.it is possible to be successful in U.S. market both as fixed-line cable and as mobile networks company.Telekom view of BT <<>> is unchanged, it's well positioned in the market.

Okinawa Cellular Telephone to transfer business to unit

Wednesday, 26 Jul 2017 02:10am EDT

July 26 (Reuters) - Okinawa Cellular Telephone Co <9436.T>:Says it plans to set up Okinawa-based wholly owned unit.Says it will transfer agricultural production, sales business and tourism to the unit on Sept. 1.

Okinawa Cellular Telephone to transfer business to unit

Wednesday, 26 Jul 2017 02:10am EDT

July 26 (Reuters) - Okinawa Cellular Telephone Co <9436.T>:Says it plans to set up Okinawa-based wholly owned unit.Says it will transfer agricultural production, sales business and tourism to the unit on Sept. 1.

Bharti Airtel terms Reliance Jio allegations false

Thursday, 20 Jul 2017 08:52am EDT

July 20 (Reuters) - Bharti Airtel Ltd :Bharti Airtel -"by proposing transition to 'bill and keep' regime with zero MTC, Reliance Jio wants to simply transfer its cost to Airtel and other operators".Bharti Airtel says as per current estimates, cost for "bill and keep" with zero MTC would be to tune of INR 150 billion to INR 200 billion per year for industry.Bharti Airtel - cost transfer will allow Reliance Jio to price its services in a predatory manner to kill rest of industry and create a monopoly.Bharti Airtel - "allegations made by Reliance Jio regarding Airtel earning excess revenue from MTC are not only false but laughable".

Qualcomm reports quarterly GAAP EPS of $0.58

Wednesday, 19 Jul 2017 04:22pm EDT

July 19 (Reuters) - Qualcomm Inc ::Quarterly GAAP EPS $0.58.Quarterly non-GAAP EPS $0.83‍​.Quarterly GAAP revenues $5.4 billion.Q3 earnings per share view $0.81, revenue view $5.26 billion -- Thomson Reuters I/B/E/S.Q3 non-GAAP revenues $5.3​ billion versus $6 billion.Sees Q4 earnings per share $0.55 - $0.65‍​.Sees Q4 adjusted earnings per share $0.75 - $0.85.Sees Q4 revenue‍​ $5.4 billion - $6.2 billion.Sees Q4 MSM chip shipments 205 million - 225 million‍​.Says financial guidance for Q4 excludes QTL revenues related to the sale of Apple products by Apple's contract manufacturers ‍​.Q3 2017 GAAP and non-GAAP results were negatively impacted as a result of actions taken by Apple's contract manufacturers.Says due to actions by Apple's contract manufacturers, do not believe reported device sales, estimated ranges of device shipment, meaningful in measuring QTL business‍​.Says Q3 GAAP results included reduction in operating cash flow due to $940 million payment to Blackberry.Says Q3 GAAP results included reduction in operating cash flow also due to $927 million payment related to Korea Free Trade Commission (KFTC) fine.Q4 earnings per share view $0.90, revenue view $5.48 billion -- Thomson Reuters I/B/E/S.

AT&T says no decisions made on organizational structure related to Time Warner deal

Friday, 14 Jul 2017 12:41pm EDT

July 14 (Reuters) - AT&T Inc ::AT&T Inc on Time Warner deal says no decisions on organizational structure or leadership have been finalized‍​.

Dingli sees H1 FY 2017 net profit up 20 pct to 50 pct

Friday, 14 Jul 2017 02:12am EDT

July 14(Reuters) - Dingli Corp Ltd <300050.SZ> ::* Sees H1 FY 2017 net profit to increase by 20 percent to 50 percent, or to be 64.2 million yuan to 80.3 million yuan.* Says H1 FY 2016 net profit was 53.5 million yuan.* The reasons for the forecast are steady development of communications and vocational education business and increased investment return .

Synchronoss Technologies says previous 2017 annual guidance is withdrawn

Thursday, 22 Jun 2017 01:16pm EDT

June 22 (Reuters) - Synchronoss Technologies Inc ::Requesting amendment to credit agreement, for additional time to deliver its Q1 2017 financial statements - SEC filing.Discontinued Locker services are expected to have minimal revenue impact to Synchronoss' business with AT&T.Says on May 8, 2017, AT&T announced that it will be discontinuing its Locker services.Previous 2017 annual guidance is withdrawn; "new guidance cannot be provided until we have completed our accounting review".

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