An inventory glut and weak handset demand will impact the current quarter, the company said
Qualcomm on Wednesday reported Q4 results in line with Wall Street consensus estimates: The company recorded adjusted earnings per share (EPS) of $3.13, with $11.39 billion in adjusted revenue. Revenue grew 22%...
Starry has already reduced its workforce by approximately 50% and withdrawn from the FCC's RDOF program
U.S. fixed wireless technology developer and internet service provider Starry has hired PJT Partners to advise the company in several strategic areas including mergers and acquisitions, capital raising and...
Lumen retains multinational enterprise customers under the terms of the deal
Lumen Technologies announced Wednesday plans to sell its Europe, Middle East and Africa (EMEA) business to Colt Technology Services in a transaction valued at $1.8 billion. The deal includes Lumen’s regional terrestrial and subsea networks, data...
ABI Research highlighted that the U.S. is currently driving the number of 5G FWA connections with major carriers aggressively expanding their FWA business
5G Fixed Wireless Access (FWA) technology will reach 58 million subscriptions globally in 2026, according to ABI Research.
The analyst firm noted that...
AMD sees strong continued demand for Xilinx embedded systems and Pensando data center DPUs, according to the CEO
Advanced Micro Devices (AMD) on Tuesday issued fiscal third-quarter earnings that missed Wall Street expectations. The company reported Q3 revenue of $5.6 billion, gross margin of 42%, and...
Rogers said that it believed that litigation was both unnecessary and harmful to competition in the Canadian market
A mediation session between Canadian operators Rogers Communications, Shaw Communications, Quebecor and the country’s competition bureau failed to reach a negotiated settlement in the proposed merger between...
Halloween weekend greetings from the Midwest, where fall colors are in full show and temperatures are still above freezing. Pictured is my neighbor’s Trick-or-Treat Treehouse moments before a dozen costumed boys showed up for their annual party.
With each of the Fab Five and Telco...
Huawei generated $61.8 billion in revenue in the first three quarters of the year, down 2.2% y-o-y
Chinese vendors Huawei and ZTE have reported their financial results for the first nine months of the year.
Huawei said it generated CNY445.8 billion ($61.8 billion) in revenue in...
Amazon continues to make AWS a capex priority as 'the benefit of cloud computing is really showing up right now,' said the CFO
Amazon on Thursday announced financial results for its third fiscal quarter, which ended on September 30, 2022. The company reported revenue of $127.1 billion...
Orange Spain ended September with a total of 1.47 million subscribers in the 5G segment
Spanish operator Orange already deployed its 5G services in 1,529 towns and cities in 52 provinces across Spain, surpassing its initial target for the full year, the carrier said in...
Metaverse makers Reality Labs cost the company $3.3 billion
It’s been a tough week for tech stocks so far, and Facebook parent company Meta’s third quarter results didn’t help. Meta posted its second straight quarterly revenue decline, reporting revenue of $27.7 billion, compared to $29 billion for...
”We’re focused on helping our customers do more with less” – Microsoft CEO
Microsoft reported results Tuesday for the first quarter of its fiscal year 2023 earnings, the period ending September 30, 2022. For the quarter, Microsoft reported revenue of $50.1 billion, moderately higher than the $49.61...
Google’s parent company fell short of Wall Street expectations, though Google Cloud bucked the trend
Google parent company Alphabet reported earnings and revenue weaker than Wall Street analysts expected, driving the stock price down in after-hours trading on Tuesday. Alphabet reported earnings per share (EPS) of $1.06;...
Huawei said that a total of 230 carriers around the world have already launched commercial 5G services
BANGKOK, THAILAND- Huawei rotating chairman Ken Hu called for a cross-industry effort with the aim of pushing so-called "5.5G" technology, which will enable advanced services and applications for...
Vodafone Idea, which has nearly 260 million mobile phone subscribers in India, is urgently looking for fresh funds in order to launch 5G services
Indian telecom operator Vodafone Idea’s board of directors recently approved a plan to sell INR16 billion ($194 million) worth of convertible...
Nokia has already secured 5G contracts with Bharti Airtel and Reliance Jio Infocomm in India
Finnish vendor Nokia believes that the low margins it is seeing in the Indian telecom infrastructure market will be offset by a larger scale compared to other markets, the company’s...
Verizon reported a net loss of 189,000 consumer phone subscribers and a churn rate of 0.88%
Verizon reported mixed third-quarter results today as revenues topped estimates at $34.2 billion, an increase of 4% from third-quarter 2021, but also added a mere 8,000 postpaid phone subscribers,...
The country's telecom regulator said that the rates for MVNO access in Canada are to be commercially negotiated between the telcos
Canada's telecom regulator issued a new regulation under which top mobile operators will be required to accept requests for access to their networks from...
‘Customers are unwilling to pay more’ for 5G: Omdia; analysts see 5G and fiber adoption increasing but ARPU dropping in the next five years
Since 5G was commercialized in 2019 (2018 if you count pre-standard offerings), operators have been looking for ways to not only...
Vodafone and Altice will each own 50% of the 7-billion-euro joint fiber venture
Vodafone has partnered with Amsterdam-based Altice to launch a 7-billion-euro ($6.8 billion) fiber broadband network in Germany. Each company will own 50% of the joint venture, which they are calling FibreCo.
According to Vodafone,...
Mid-September greetings from the Midwest, Georgia and Alabama, where we are wrapping up our Moundville Telephone Company acquisition. Pictured is Tuska, a 7-ton elephant statue that was recently moved to the Bryant-Denny stadium in Tuscaloosa. Legend has it that the association with elephants dates back...
Adani Data Network entered the Indian telecom space after purchasing frequencies in a recent spectrum auction carried out by the government
Indian company Adani Data Network has obtained a license for network access services, which will allow the firm to provide all kinds of telecom...
5G coverage in Malaysia has already reached over 30% of populated areas and is on track to achieve the 80% target set by the government by 2024
Malaysia’s six major telecom operators have signed access agreements with state-run wholesale 5G network operator Digital Nasional Berhad...
Cisco had installed its first manufacturing unit in India in 2016
U.S. networking company Cisco Systems will set up a facility in India to manufacture hardware products, local newspaper The Economic Times reported, citing a source with knowledge of the matter.
"Cisco is setting up a...
