Nera Telecommunications has declared a 15 cent special dividend from the disposal of its payment solutions business to Ingenico Group S.A. in May for $88.4 million. For 3QFY16, the telco group reported a loss from continuing operations net of tax of $1.32 million after the divestment, reversing from a profit of $1.6 million for 3QFY15. Including the divestment gain of $66.2 million, profit from its continuing and discontinued operations was $64.9 million. Revenue rose 20.4% to $33.8 million, from the higher revenue contributions of both its business segments, Telecommunications and Infocomm. Telecom revenue rose 1.7% to $13.3 million, on higher sales in Asia Pacific. Infocomm revenue rose 36.6% to $20.5 million due to the higher sales of network equipment. However, gross profit margins fell by 13.2 percentage points from the devaluation of the Nigerian Naira against the ......