SoftBank CEO Masayoshi Son said the group is working towards a listing on the Tokyo Stock Exchange
Japanese telecommunications group SoftBank is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering (IPO), international press reported,...
The company’s in-building wireless segment recorded revenues of $3.6 million in fiscal Q1
Westell Technologies is seeing increasing opportunities in areas such as network densification, in-building wireless, 5G and the internet of things, the company’s President and CEO Stephen John told investors during a conference...
Boingo said it has 78 DAS venues and 11,500 DAS nodes in backlog
Revenue from the distributed antenna system (DAS) segment accounted for 37% of Boingo Wireless’ overall revenue in the second quarter of the year, slightly down from a contribution of 38% in the...
Commscope also highlighted the firm is well-positioned to capture business opportunities in the 5G field
Commscope expects to see future benefits from partnerships with large North American customers despite some impacts in the firm’s margins, the firm’s CFO Alexander Pease said on a conference call...
Huawei recently announced plans to increase annual spending in R&D
While competitors Nokia and Ericsson both reported flat to down sales, Chinese network infrastructure vendor Huawei reported revenues of CNY 325.7 billion ($47.8 billion) for the first half of the year, an increase of 15%...
Westell aims to attract growth opportunities in in-building public safety, network densification, small cell and 5G
Westell Technologies, a provider of wireless infrastructure solutions, recorded revenues of $3.2 million in its in-building wireless (IBW) segment in fiscal Q4, ended March 31, down from $5.2 million...
Boingo ended the first quarter with 41 DAS venues live and 84 DAS venues in backlog
Revenue from the distributed antenna system (DAS) segment accounted for 41% of Boingo Wireless’ overall revenue in the first quarter of the year, up from a contribution of 37%...
Nokia’s CEO Rajeev Suri said the vendor expects sales to be boosted by deals for large-scale 5G deployments in the U.S
Finnish vendor Nokia experienced a challenging first quarter due to lower sales in the North American region, which negatively impacted the vendor’s quarterly earnings....
As AT&T reported its quarterly earnings, CFO John Stephens expressed some reservations about the clarity of the business case for 5G fixed wireless access, and said that the operator is "more excited" about other things it has in motion, including its build-out of Band...
The expansion of operation support systems and business support systems implementation throughout Latin American was the topic of a recent video interview with Bob Titus, VP of global converged solutions at NetCracker Technology. Titus talked about what is driving the expansion, what carriers are...
Latin America's largest telecom group América Móvil ended the first quarter with revenue up 3.1% over the year before in Mexican peso terms, while operating profits declined 6.6% and net profit fell 42.1%.
In a statement, América Móvil explained that depreciation and amortization charges rose...
Telefónica's 2014 full-year and fourth-quarter net income slumped 34.7% and 89.5%, respectively, in a year-over-year comparison. Total revenue decreased 11.7% for the full year and 14.1% in Q4 2014.
In a statement, Telefónica's executive chairman César Alierta said that the Q4 results represent the culmination of...
TIM Brasil's gross revenue fell 1.5% in the fourth quarter of 2014 compared to the same quarter of 2013 and decreased 2.2% year-over-year for 2014. However, earnings before interest, taxes, depreciation and amortization increased 6.4% in 2014 when compared to the previous year. During Q4, EBITDA...
América Móvil reports Q4 results
América Móvil ended the fourth quarter of 2014 with a 77.8% net profit decline. In its financial report, the company owned by billionaire Carlos Slim claimed that an increase in comprehensive financing costs was caused by unrealized foreign exchange losses. América Móvil noted that...
Argentina auctioned 10 bands of spectrum and raised about $2.23 billion. The bands auctioned were 850 MHz, 1900 MHz, 1.7/2.1 GHz and 700 MHz. The auction focused on increasing the country's mobile Internet access, including LTE. Four pre-qualified companies bid in the auction: three market incumbents —Telefónica,...
NII Holdings, which operates in Latin America under the Nextel brand, announced it will likely file for Chapter 11 bankruptcy protection because it cannot fulfill its financial obligations. Following the announcement, NII Holdings' shares plummeted. According to the filing, the mobile phone carrier has until Aug. 15 to...
América Móvil finished the first quarter with revenues up 1.3% year-on-year to $14.93 billion, pushed by growth in Brazil. The carrier's Brazilian unit posted an 8.5% increase in total with wireless revenues rising 5.7% and fixed revenues increasing 11%. As for customers, América Móvil counted 342.9 million accesses, 4.5% more...
While TIM posted a 12% rise in its second-quarter profit, beating forecasts on strong cost controls, NII Holdings’ Nextel operations presented a consolidated net loss of $386 million.
TIM, Brazil's second-largest wireless telecom operator, said its postpaid base grew 13.9% year-over-year. During a conference call, Rodrigo...
The two largest telecom operators in Latin America have released their second quarter financial results. América Móvil beat expectations, reporting better-than-expected second quarter core profits and revenue, as more customers made mobile calls in Mexico and South America. As for the Spanish group Telefónica,...
April 30 was the final day to deploy LTE networks in the Brazilian host cities of the FIFA Confederations Cup, and the largest four carriers that were granted LTE licenses met the deadline. Telefónica held a press conference on April 30 to announce its...
Spanish telecom group Telefónica saw its 2012 net profits fall by 27.3% to $5.14 billion, while its debt dropped by almost $6.5 billion on a quarterly basis to $67.1 billion after a variety of asset sales.
Today the company released its quarterly and year-end financial...
The fourth quarter profits of Latin America’s largest telecom company, América Móvil, have disappointed analysts. The telecom operator's revenue for the fourth quarter of 2012 was down 1.1% year-over-year, and its net income was down 8.2%.
According to Reuters, América Móvil's fourth quarter profits of...
Now two telecom operators in Brazil are looking for new CEOs. Following the announcement of Oi CEO Francisco Valim's departure in January, the No. 2 mobile phone company in Brazil, TIM, said that CEO Andrea Mangoni will step down March 4. Mangoni was named...
When presenting preliminary fourth quarter and full year results for 2012, which were below market expectations, NII Holdings said its Brazilian unit will offer voice and data services more broadly on its 3G network in São Paulo by the end of the second quarter of 2013 and...
