Archive August 15, 2019

Cisco Q4 results top expectations, sees slow Q1 sales

(Telecompaper) Cisco reported revenues for its fiscal fourth quarter to July up 6 percent year-on-year to USD 13.4 billion. However, the company warned that growth will slow in the first quarter to October, due in part to the US-China trade tensions.

Mobileum Announces Appointment of New CFO

Ilya Cantor joins as Chief Financial OfficerAugust 15, 2019, Cupertino, California: Mobileum Inc. (Mobileum), a leading global provider of analytics-based roaming and risk management solutions for global communications service providers (CSPs), today announced the appointment of Ilya Cantor as its new Chief Financial Officer. With two-plus decades of experience at multinational public and private companies, Mr. Cantor brings a wealth of expertise in software and services, initial public offerings, large scale debt recaps, and numerous…

Source: RealWire

Tencent revenue growth improves to 21% in Q2 as more games released

(Telecompaper) Tencent reported second-quarter revenues up 21 percent year-on-year to CNY 88.8 billion (USD 12.9 billion), accelerating growth from 16 percent in the first quarter. Its games business returned to revenue growth of 8 percent, and Tencent also benefitted from expansion in video streaming and payment services, offsetting a lowing ad market.