financial results

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 …

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 …

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 …

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 …

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) …

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 …

  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 …

  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 …

  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 …

  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 …

  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 …

  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 …

  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 …

  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 …

  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 …

  SK Telecom, South Korea’s largest telecom operator, ended the first quarter of the year with a total of 2.65 million subscribers in the 5G segment, the carrier said in …

  South Korea tech giant Samsung Electronics expects to see a slowdown in 5G investments in the second quarter of the year due to the negative impact of the COVID-19 …

  Japan’s largest carrier, NTT DoCoMo, expects to attract 2.5 million subscribers in the 5G segment by March 2021, the operator said in its earnings statement. The telco, which launched 5G …

  Chinese vendor ZTE reported operating revenue of CNY21.48 billion ($3 billion) in the first quarter of 2020, down 3.2% year-on-year, chiefly due to the negative impact of Covid-19 (coronavirus) …

  China Unicom said the outbreak of the COVID-19 pandemic in China has slowed the deployment of 5G networks and impacted business development. In a statement, the company said the …

  Chinese vendor Huawei reported revenues of CNY182.2 billion ($25.75 billion) in the first quarter of 2020, up only 1.4% year-on-year, the company said in a release. Huawei also said …

  China Mobile, the world’s largest operators in terms of subscribers, added 29.17 million 5G subscribers in the first quarter of 2020, the company said in its earnings release. The …

  Chinese vendor Huawei recorded revenues of CNY858.8 billion ($123 billion) in 2019, up 19.1% year-on-year, while its net profit reached CNY62.7 billion, up 5. 6% versus 2018, the company …

  Chinese vendor ZTE announced its 2019 net profit amounted to CNY5.15 billion ($726 million), a year-on-year growth of 173.7%. The company attributed the positive performance to double-digit growth in …

  Mexican telecom group America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim,  expects to launch 5G technology in certain Latin American markets by the end …