Webwire: KPN profit down 9%; Telenor faces down global woes
Dutch incumbent KPN is maintaining its full-year earnings forecast despite a 9.4% decline in 3Q profit to €368 million, and a 3.4% drop in sales to €3.3 billion.
Telenor chief Jon Fredrik Baksaas says the firm is staying strong in the face of natural disasters and global economic weakness, after growing net income 52% to 2.59 billion Kroner (€336 million) in the third quarter.
UK operator EverythingEverywhere blames regulator cuts to mobile termination rates for a 4.3% fall in sales to £1.7 billion (€1.9 billion) during 3Q11. Subscriber numbers were broadly stable at 27.5 million, despite 227,000 pre-pay customers leaving the firm.
One year in, Windows Phone Marketplace now has 35,000 apps, compared to 500,000 apps on Android Market and 600,000 on Apple’s App Store.
IBM is appointing Virginia Rometty as its first female CEO. Rometty will be promoted from head of sales and marketing on Jan 1, with outgoing chief Sam Palmisano set to remain chairman of the board.
NTT Communications is planning a 120 billion yen (€1.1 billion) investment in its overseas cloud business, which will include construction of new data centers in Europe.