ZTE Corporation has published its annual results for the year ended 31st December 2011.
Revenue increased to RMB86.25 billion (£8.62 billion), up 23.4% year-on-year, while net profit was down 36.6% to RMB2.06 billion.
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The latest figures from the International Data Corporation show that the total number of PCs, media tablets and smartphones shipped last year exceeded 916 million units.
Total revenue from these devices was over $489 billion.
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A new report from Juniper Research reveals that the mobile telecommunications industry lost more than $58 billion last year due to inadequate Fraud Management and Revenue Assurance processes.
That’s over 6% of global industry revenue.
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Research from The Stevenson Company in the USA has revealed an increase in smartphone sales on prepaid and ‘pay monthly’ tariffs.
The company’s latest TraQline Wireless report confirms that more than 50% of all mobile phone purchases are now smartphones.
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T-Mobile UK has announced that it’ll be increasing some of its prices from 9th May 2012.
Customers on most ‘pay monthly’ contracts will have their basic monthly charge increased by 3.7%.
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