financial results

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 …

Virgin Media O2 launched services in June 2021 as a JV between Liberty Global and Telefónica in the U.K U.K. operator Virgin Media O2’s 5G network reached 800 towns and …

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 …

ZTE’s profits for the period were up 12% year-on-year Chinese vendor ZTE reported operating revenues of CNY 59.82 billion ($8.65 billion) in the first half of the year, up 12.7% …

Huawei said that revenues from its Carrier Business Group grew 4.24% to CNY 142.7 billion in the period Chinese vendor Huawei reported overall revenues of CNY301.6 billion ($44.7 billion) in …

Swisscom’s midband “5G+” service uses frequencies at 3.5 GHz Swiss operator Swisscom said it has turned up its midband-spectrum-based “5G+” service on 2,230 antennas in 985 locations. During the first …

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber Crown Castle expects to double the rate of small cell deployments next …

Rakuten Mobile’s CTO Tareq Amin said that the telco now aims to accelerate 5G deployments across Japan Japanese operator Rakuten Mobile said it 4G network reached 97% of the country’s …

SK Telecom said its 5G customer base accounted for 45.9% of total mobile subscribers at end-March South Korean operator SK Telecom ended the first quarter of 2022 with a total …

Comcast activated the first 5G radios during the first quarter  Comcast expects to launch an employee field test of 5G in June, the company’s president and CEO Brian Roberts said …

Local telcos aim to build 600,000 new 5G base stations this year across China, including 134,000 already built in the first quarter Chinese operators recorded a net gain of 55.5 …

Last year, China Tower had completed approximately 552,000 5G construction projects China Tower ended the first quarter of the year with a total of 2.05 million towers under management, after …

Ericsson saw very strong continued momentum in North America in Q1, where sales were up 9% y-o-y, driven by continued very high demand for 5G solutions Ericsson is currently investing …

The Chinese government has set a goal to install over 600,000 5G base stations this year China Tower’s business last year was positively impacted by the accelerated deployment of 5G …

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 …

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 …

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 …

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. …

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 …

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, …

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

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 …

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, …