Virgin Media’s results for the quarter ended 31st March 2012 show revenue up 2.4% to £1.0 billion and net income up to £7 million.
Mobile revenue was up 1.2% to £139 million, with contract phone revenue accounting for most of this.
Ericsson’s quarterly results show net income increasing 116% year-on-year from 4.1 billion krona in Q1 2011 to 8.8 billion krona this year, although the company’s sale of its share in Sony Ericsson accounted for most of this.
Sales decreased by 4% year-on-year.
Chinese telecom manufacturer ZTE Corporation has announced its results for the financial quarter that ended 31st March 2012.
Operating revenue was up 29.46% year-on-year to $2.96 billion, while net profit was up 23.85% to $22.99 million.
Vodafone UK has increased its support for businesses that have adopted the ‘bring your own device’ practice.
It’s offering a service called Vodafone Secure Device Manager that makes it easier for larger businesses to connect smartphones and tablets to their corporate networks whilst maintaining security.
The latest quarterly results from LG Electronics show the company returning to profit after two consecutive quarters of net losses.
Quarterly revenue was KRW 12.2 trillion (£6.6 billion) while net profit reached KRW 243 billion.