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CommScope secures Wi-Fi 6 deal with Vodafone Germany

CommScope announced that Vodafone Germany will deploy its Touchstone TG6442 DOCSIS 3.1 cable gateways to deliver Wi-Fi 6 performance to millions of subscribers across Germany. CommScope said that this deployment will enable Vodafone Germany to improve its customers’ in-home Wi-Fi connections and deliver faster broadband...

America Movil aims to launch 5G in 90% of its markets this year: CEO

Mexican telecoms group America Movil expects to launch 5G services in 90% of the countries where it operates during 2020, America Movil’s CEO Daniel Hajj said during a conference call with investors. "I don't have a specific date, but all over the year we're working...

Swisscom ends 2021 with almost 2,000 5G+ antennas

Swisscom plans to double FTTH availability by 2025 Swiss operator Swisscom said it closed 2021 with 1,975 antennas in 888 locations with its mid-band-based 5G+ technology. The telco said that its 5G service using 3.5G Hz spectrum currently reaches 62% of the Swiss population. Swisscom also...

ZTE’s profits, operating revenue expand in 2021

Chinese vendor ZTE reported that its net profit attributable to holders of ordinary shares of the listed company reached CNY6.5-7.2 billion ($1.02-$1.13 billion), an increase of 52.6% to 69% year-on-year. “During the year, the company, confronted with complex external environment, continued to solidify its position...

LG Uplus ends 2021 with 4.62 million 5G subscribers

Korean operator LG Uplus ended the fourth quarter of 2021 with 4.62 million 5G subscribers, up 67.9% year-on-year, according to the company’s latest earnings statement. The telco added a total of 1.87 million 5G subscribers during last year, while total net additions in the fourth...

Huawei shows stable carrier business in 2021 but overall revenues decline

Huawei rotating chairman Guo Ping said in an annual internal New Year’s message that the vendor’s carrier business remained stable and its enterprise segment booked solid growth last year. However, the company’s total revenue for full 2021 was expected to decline by 28.9% year-on-year to...

Telecom Italia mulls partial Noovle sale

Looking for money, Telecom Italia owner TIM Group said that it will sell a minority stake in Noovle, its cloud services provider.

ZTE’s revenues climb 13.1% year-on-year in Jan-Sep

Chinese vendor ZTE reported operating revenue of CNY83.83 billion ($13.13 billion) in the first nine months of the year, an increase of 13.1% compared to the same period the previous year, the company said in its earnings release. During the period, net profit attributable to...

ZTE’s operating revenues increase 12.4% year-on-year in H1

Chinese vendor ZTE reported operating revenue of CNY53.07 billion ($8.19 billion) in the first half of the year, an increase of 12.4% compared to the same period the previous year, the company said in its earnings release. During the period, net profit attributable to holders...

LG Uplus ends Q2 with 3.73 million 5G users, adds 971,000 5G subs in H1

Korean carrier LG Uplus ended the second quarter of the year with 3.73 million 5G subscribers, up 108.8% year-on-year, according to the company’s latest earnings statement. The telco added a total of 971,000 5G subscribers in the first half of the year, while total net...

Huawei’s revenues decline 29.4% year-on-year in first half

Chinese vendor Huawei reported a decline in earnings in the first half of the year, largely due to the impact of trade restrictions imposed by the U.S. government. Huawei’s revenues declined by 29.4% year-on-year to CNY320.4 billion ($49.5 billion), while its net profit margin rose...

ATC invests in different areas to be ready for continued 5G rollouts: CEO

American Tower Corporation (ATC) has been investing in more efficient and scalable power solutions at many of the company’s sites to be ready for the requirements of U.S. carriers extending their 5G networks nationwide, the company’s President and CEO, Tom Bartlett, said during a...

US restrictions impact Huawei’s Q1 revenues

Chinese vendor Huawei’s business felt the impact of the ongoing U.S. sanctions in the first quarter of the year, with a 16.5% year-on-year decline in revenues. In a release, Huawei reported revenues of CNY152.2 billion ($23.5 billion) in the first quarter, while its profit margin...

Huawei reports small increase in 2020 sales, profits despite U.S. sanctions

Huawei reports it was up 3.8% year-over-year in 2020 with China accounting for 65% of revenues Chinese vendor Huawei reported its sales revenues reached CNY 891.4 billion (USD 136.7 billion) in 2020, up 3.8% year-on-year while its net profit rose 3.2% to CNY 64.6 billion,...

ZTE expects Q1 revenues to more than double year-on-year

Chinese vendor ZTE said it expects its first-quarter net profit to more than double year-on-year, to an estimated CNY 1.8-2.4 billion ($276.7-368.9 million), mainly driven by continued revenue growth and improving gross margins and profitability. In its 2020 earnings statement, the Asian vendor reported a...

ZTE’s revenues up in Jan-Sep as vendor secures 55 5G contracts

  ZTE posted operating revenues of CNY 74.13 billion ($11 billion) in the first three quarters of the year, an increase of 15.4% compared to the year-ago period, the Chinese vendor said in a statement. During the period, net profits amounted to CNY 2.71 billion, while...

Huawei’s revenues grow 9.9% year-on-year in Jan-Sep

  Huawei reported revenues of CNY671.3 billion ($100.5 billion) for the first three quarters of the year, an increase of 9.9% over the same period last year, the company said in a release. In the same period the previous year, the vendor had recorded a revenue...

China Mobile adds 44 million 5G subscribers in Q3

  China Mobile, the world’s largest operator in terms of subscribers, added 44 million 5G subscribers in the third quarter of 2020, the carrier said in its earnings release. The state-run telco said it ended September with a total of 114 million 5G subscribers, compared to...

China Telecom ends H1 with 37.8 million 5G subscribers

  China Telecom ended the first half of the year with a total of 37.8 million 5G subscribers and expects to reach 80 million customers in the 5G segment by the end of the year. In the first half of the year, the operator added 33.3...

China Mobile ends H1, with 188,000 5G base stations, 70 million 5G subs

  China Mobile, the world’s largest operator in terms of subscribers, had a total of 188,000 active 5G base stations across the country as of the end of June, the company’s chairman Yang Jie said in a presentation. This network allowed the carrier to offer 5G...

Korea’s KT on track to reach 3.5 million 5G customers by end-2020: CFO

  Korean carrier KT expressed confidence in achieving the target of closing 2020 with 3.5 million 5G subscribers. On an earnings call, CFO Yoon Kyung-keun said that the 5G subscribers goal would be achieved due to the launch of new 5G-enabled devices including the Galaxy Note...

Korea’s KT adds 360,000 5G subscribers in Q1

  South Korean operator KT added 360,000 5G subscribers in the first quarter of the year, the telco said in its earnings statement. The carrier, which launched commercial 5G services in April 2019, ended Q1 with a total of 1.78 million 5G customers. “Since the launch of...

5G accounts for nearly 10% of Korea’s LG Uplus’ mobile base at end-Q1

  5G subscribers represented 9.4% of Korean telco LG Uplus’ overall mobile subscriber base at the end of the first quarter, the telco said in its earnings release. The carrier said that 5G subscribers amounted to 1.45 million at the end of Q1 2020, up 24.9%...

Bell Canada puts 5G launch on hold due to COVID-19: CEO

  Bell Canada has decided to put on hold the commercial launch of its 5G network due to the COVID-19 pandemic, the company’s CEO Mirko Bibic said during a conference call with investors. “We are ready with our initial 5G network, but frankly we don't think...