Huawei allocated CNY179.7 billion to R&D last year, representing 20.8% of its total revenue
Chinese vendor Huawei reported CNY862.1 billion ($118.6 billion) in revenue last year, climbing 22.4% year-on-year. The vendor’s net profit declined 28% to CNY62.6 billion, impacted by an extraordinary gain in 2023...
China Mobile has already deployed 5G-Advanced technology in hundreds of Chinese cities, as of the end of last year.
China Mobile, the world’s largest mobile carrier in terms of subscribers, has outlined plans to deploy 340,000 additional 5G base stations in 2025. With these new...
ZTE explained that the external environment remained complex and volatile last year, marked by adjustments in industry investment structures
Chinese vendor ZTE Corporation reported full-year revenue of CNY 121.30 billion ($16.65 billion) for 2024, the vendor said in a release.
During last year, net profit attributable...
MasOrange said its 5G network now covers nearly 90% of the Spanish population across more than 3,700 municipalities
MasOrange, Spain’s largest mobile operator as a result of the merger between local carriers Orange Spain and Masmovil, achieved total revenues of 7.388 billion euros ($7.724 billion)...
SK Telecom had reorganized its operations into seven key divisions, with a strong focus on AI
Korean telco SK Telecom has reported its financial results for the fiscal year 2024, highlighting significant advancements in artificial intelligence (AI) alongside steady revenue growth in its telecommunications and...
Jio added 22 million 5G subscribers in its fiscal Q3 2025, which ended on December 31
Indian telco Reliance Jio Infocomm ended 2024 with 170 million 5G subscribers, according to the quarterly report issued by Reliance Industries, Jio’s parent company.
The company noted that 5G accounted...
MasOrange was expecting synergies of 500 million euros four years after the closing of the transaction
MasOrange, Spain’s largest mobile operator as a result of the merger between local carriers Orange Spain and Masmovil, said it had achieved savings of 85 million euros ($92 million)...
China Mobile ended September with 539 million 5G network customers
China Mobile, the world’s largest operator in terms of subscribers, has ended the third quarter of the year with over 1 billion mobile customers, of which more than half are 5G customers. In the 5G...
ZTE said its R&D expenses accounted for for 20.7% of operating revenue during the period
Chinese vendor ZTE announced revenues of CNY 90.04 billion ($12.64 billion) for the first three quarters of 2024, representing an increase of 0.7% year-on-year. In a release, the vendor noted...
Jio reached 148 million 5G subscribers as of the end of September
Jio Platforms, the parent company of Indian operator Reliance Jio Infocomm, has reported revenue of $4.43 billion in the second quarter of its fiscal year 2025, up 17.7% year-on-year, the company said in...
Huawei said its net profit rose 17.8% year-on-year to CNY54.9 billion
Chinese vendor Huawei recorded revenues of CNY417.5 billion ($58.8 billion) in the first half of the year, surging 34.3% year-on-year.
In a brief statement, Huawei also said its net profit rose 17.8% year-on-year to CNY54.9...
ZTE noted its R&D expenses amounted to CNY 12.73 billion in H1, accounting for 20.4% of operating revenue
Chinese vendor ZTE announced revenues of CNY 62.49 billion ($8.72 billion) for the first half of 2024, representing an increase of 2.9% year-on-year.
In a release, the vendor...
China Mobile plans to launch 5G-Advanced (5G-A) technology in over 300 cities across China this year
China Mobile, the world’s largest operator in terms of subscribers, recorded operating revenues of CNY546.7 billion ($76.3 billion) in the first half of the year, up 3% year-on-year, the...
China Tower added a total of 9,000 sites during the first half of 2024
China Tower ended the first half of the 2024 with a total of 2.07 million towers under management, after a new addition of 9,000 sites during the period.
In a release, the...
SK Telecom reported its operating profit rose 16% to KRW537.5 billion ($390.5 million) in the second quarter
SK Telecom, South Korea’s largest telecom operator, ended the second quarter of the year with a total of 16.22 billion subscribers in the 5G segment, up 10.6% from...
MasOrange said its revenues in the first half of the year amounted to 3.06 billion euros, almost flat year-on-year
MasOrange, Spain’s largest mobile operator as a result of the merger between local carriers Orange Spain and Masmovil, says that it has saved nearly 50 million...
Jio noted that 5G accounted for 28% of all wireless data carried on its network
Indian company Jio Platforms ended fiscal Q4, ending March 31, with 108 million subscribers in the 5G segment.
Jio noted that 5G accounted for 28% of all wireless data carried...
In April, America Movil had reached 125 cities across Mexico with its 5G network
Mexican telecoms group America Movil ended the second quarter of the year with a total of 12.8 million subscribers in Mexico, according to the carrier’s earnings report.
In Mexico, America Movil operates...
Rakuten Mobile aims to reach 8-10 million mobile subscribers by the end of 2024
Japanese operator Rakuten Mobile, which is part of e-commerce giant Rakuten Group, has reached over 6.8 million subscribers as of the end of March, the carrier said in a release.
The operator...
LG Uplus said its overall mobile user base climbed 27.8% y-o-y to 26.26 million in Q1
Korean operator LG Uplus ended the first quarter of 2024 with 7.19 million 5G subscribers, up 13.2% year-on-year, according to the company’s latest earnings statement.
The telco added a total...
During the first quarter of 2023, SK Telecom added nearly 530,000 5G subscribers
SK Telecom, South Korea’s largest telecom operator, ended the first quarter of the year with a total of 15.93 million subscribers in the 5G segment, up 12.6% from 14.14 million in the...
ZTE said its net profits amounted to CNY2.74 billion in Q1, representing an increase of 3.7% year-on-year
Chinese vendor ZTE announced revenues of CNY30.58 billion ($4.22 billion) for the first quarter of 2024, surging 4.9% year-on-year.
Meanwhile, the vendor’s net profits amounted to CNY2.74 billion, representing...
China Mobile ended the first quarter with 488 million 5G subscribers
China Mobile, the world’s largest operator in terms of subscribers, recorded operating revenues of CNY263.7 billion ($36.4 billion) in the first quarter of the year, an increase of 5.2% year-on-year, the carrier said in...
Jio also said its 5G FWA offering is already available in nearly 5,900 towns and cities in India
Indian carrier Reliance Jio Infocomm has rolled out its 5G network across India, with over 108 million subscribers in the country, the telco said in its earnings...
