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Listed enterprise software company TechnologyOne attributes a strong first-half result, including record revenues and licence fees, primarily to its SaaS and cloud business, which delivered a profit of $3 million, up 217%.

Published in Listed Tech

Optus has increased its full-year profits to $817 million and boosted customer ranks over the last 12 months with the addition of 384,000 new mobile subscribers and 225,000 new NBN customers, according to its full year financial report.

Chinese telcommunications giant Huawei increased revenue by 32% to US$75.1 billion to record net profits of US$5.3 billion in 2016, up by just 0.4% as the company continued to invest in further global market expansion.

Published in Telecoms & NBN
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