Accordingly the Shenzhen-based firm, the world’s biggest telecoms equipment maker, also said its net profit margin was around 8 percent for the quarter, which it added was slightly higher than the same period last year. Huawei did not disclose its actual net profit. Meanwhile, the limited results announcement comes at a time when Washington has intensified a campaign against unlisted Huawei, alleging its equipment could be used for espionage and urging U.S. allies to ban it from building next-generation 5G mobile networks.
Furthermore, Huawei has repeatedly denied the allegations and launched an unprecedented media blitz by opening up its campus to journalists and making its typically low-key founder, Ren Zhengfei, available for media interviews.
Moreover the Chinese firm, which is also the world’s No. 3 smartphone maker, said last week the number of contracts it has won to provide 5G telecoms gear increased further despite the U.S. campaign. Apparently, Huawei also said on Monday it had shipped 59 million smartphones in the first quarter. It did not disclose year-ago comparable figures, but according to market research firm Strategy Analytics, Huawei shipped 39.3 million smartphones in the first quarter of 2018.
Vodafone updated its Rs 399 postpaid plan with more than 100GB additional data for six months Vodafone is reportedly offering 150GB additional data to new Rs 399 postpaid Red customers. The validity of the offer is six months. Vodafone currently offers six Red postpaid plans with Rs 399 one being the cheapest. Under this plan, Vodafone Red customers get 40GB monthly data along with 200GB data as rollover.
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