financial results

Huawei generated revenues of CNY456.6 billion ($62.5 billion) in the first three quarters of the year Chinese vendor Huawei generated revenues of CNY456.6 billion ($62.5 billion) in the first three …

ZTE said that tet cash flows from operating activities totaled CNY 9.26 billion in the period Chinese vendor ZTE said it has recorded an operating revenue of CNY 89.39 billion …

ZTE said its net profits in H1 climbed 19.9% year-on-year Chinese vendor ZTE announced total revenues of CNY 60.70 billion ($8.32 billion) for the first half of 2023, representing an …

China Mobile reported a net addition of 130 million 5G subscribers during the first half of 2023 China Mobile, the world’s largest operator in terms of subscribers, ended the first …

Huawei said its net profit margin was 15% during the period, up from 5% in H1 2022 Chinese vendor Huawei recorded revenues of CNY310.9 billion ($43.1 billion) in the first …

China Tower said its net profit in the first half of the year climbed 14.6% year-on-year to $674 million China Tower ended the first half of 2023 with a total …

American Tower ended the second quarter of 2023 with a portfolio of approximately 226,000 communications sites American Tower Corporation (ATC) is seeing a positive outlook for its international operations given …

AT&T hit its $6 billion cost-cutting goal ahead of schedule, and is now looking to shave off another $2 billion or more Despite an only 0.9% year-over-year increase in revenue …

Crown Castle said its customers are accelerating the selection and identification of new small cell locations in high-traffic locations Crown Castle is seeing lower activity in the tower business as …

During 2022, SK Telecom recorded a net addition of 3.5 million 5G customers SK Telecom, South Korea’s largest telecom operator, ended the first quarter of the year with a total …

Bell now offers “5G+” coverage to more than 40% of the Canadian population Canadian carrier Bell is on track to reach 85% of the country’s population with its 5G service …

In 2022, Huawei had reported revenues of CNY 642.3 billion, also flat versus 2021 Chinese vendor Huawei reported revenues of CNY132.1 billion ($19.1 billion) in the first quarter of this …

Jio has already deployed over 60,000 5G sites across the 700MHz and 3.5GHz bands Indian company Jio Platforms reported its net profit grew 15.6% to INR50 billion ($610.2 million) in …

Crown Castle said its capital expenditures during the quarter were $341 million Crown Castle reported revenues its site rental revenues reached $1.62 billion in the first quarter of the year, …

ZTE said its net profits amounted to CNY 2.64 billion in the quarter, climbing 19.2% year-on-year Chinese vendor ZTE recorded revenues of CNY 29.14 billion ($4.23 billion) in the first …

Huawei said its investment in R&D represented 25.1% of total revenues last year Huawei increased its investment in R&D and expanded its R&D staff last year as part of the …

ZTE said its net profit surged 18.6% year-on-year last year Chinese vendor ZTE reported operating revenues of CNY 122.95 billion ($17.68 billion) in 2022, up 7.4% year-on-year. In its earnings …

China Tower said it added a total of 17,000 new towers last year China Tower ended 2022 with a total of 2.05 million towers under management, after a new addition …

Brady noted that Telstra is on track to reach 85% of the population with its 5G network by mid-2023 Australian operator Telstra’s 5G network reached over 81% of the country’s …

Rakuten Mobile said it aims to have 60,000 base stations in operation by the end of fiscal year 2023 Japanese operator Rakuten Mobile said its 4G network reached 98% of …

KT Corp. already provided 5G coverage in 85 regions across South Korea Korean operator KT ended 2022 with a total of 8.48 million subscribers in the 5G segment, the telco …

SK Telecom, South Korea’s largest telecom operator, ended the fourth quarter of the year with a total of 13.4 million subscribers in the 5G segment, up from 12.5 million in …

LG Uplus added a total of 1.48 million 5G subscribers during last year Korean operator LG Uplus ended the fourth quarter of 2022 with 6.11 million 5G subscribers, up 32.11% …

In the third quarter, Airspan Networks recorded revenues of $41.1 million, down 12% compared to the previous quarter but up 6% year-over-year Airspan Networks secured contracts for the provision of …

During the first three quarter of the year, SK Telecom recorded a net addition of 2.59 million 5G customers SK Telecom, South Korea’s largest telecom operator, ended the third quarter …