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ExclusiveHuawei annual profit up 30 per cent

Chinese telecoms company Huawei Technologies has released its full-year 2010 financial results today. Sales revenues were up 24.2% year-on-year to CNY 185.2 billion (around £17.4 billion), with net profit up 30% to CNY 23.8 billion.

It shipped over 120 million units of product in 2010, achieving sales of CNY 30.7 billion.

ExclusiveDeutsche Telekom and France Telecom plan shopping trips together

Deutsche Telekom and France Telecom - which already work in partnership as Everything Everywhere and recently announced plans to cooperate in other business areas - are now going shopping together.

They've agreed to combine their procurement activities for customer equipment, network equipment, service platforms and IT Infrastructure.

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