Consolidated revenues were down 0.5% in Q3, but AT&T said this was offset by higher mobility service and consumer wireline revenues
AT&T reported consolidated revenues of $30.2 billion for the third quarter, down 0.5%, driven by lower business wireline service revenues and declines in mobility equipment revenues due to...
Keysight Technologies reported revenue and earnings above its guidance for the most recent quarter, and indicated that things look good for improvements in the second half and a "gradual" recovery in 2025.
Revenues were down, but less than expected: From $1.38 billion in the...
Pending acquisition by Keysight slowed customer orders in the first half, Spirent says
Spirent Communications saw a continued slide in its financial performance during the first half of this year, which the company said was a combination of the ongoing telecom slowdown as well as...
Intel revealed plans to reduce its headcount by more than 15%
Intel reported a $1.6 billion loss in Q2 Thursday, resulting in its shares sliding as much as 20%. As part of its statement detailing the disappointing results, the company outlined plans to reduce...
Residential mobile sees 50% YoY growth, Altice anticipates more activity in the second half of 2024
Altice USA made progress across a number of its metrics during the second quarter of 2024, although it still reported decreased revenues compared to the same time last year....
CEO Cristiano Amon expects on-device AI to "drive competitive differentiation" in multiple verticals
Qualcomm saw its fourth consecutive quarter of record revenues in its automotive business and its executives including CEO Cristiano Amon were enthusiastic about the opportunities for the chip company that artificial intelligence,...
Verizon reported improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well as double-digit broadband subscriber growth
Verizon released second quarter 2024 results today, reporting improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well...
EchoStar continued to lose customers across its mobile, broadband and pay-TV customer bases as a combined company following the acquisition of Dish Network—but its losses overall were less than at the same time a year ago.
Compared to the year-ago period, retail wireless losses...
Qualcomm reported that its automotive segment increased 35% year-over-year
Qualcomm beat market expectations in Q2 2024, with the company expecting between $8.8 billion and $9.6 billion in sales. Net income during the quarter was $2.33 billion, or $2.06 per share, compared to $1.7 billion,...
For the first time, T-Mo looks to establish a fiber footprint
T-Mobile US reported strong customer numbers and overall results for the first quarter of 2024, and raised its guidance for the full year. Perhaps most interestingly, though, the wireless network operator made an announcement...
T-Mo surpasses the 5 million broadband subs milestone, makes a deal for a fiber JV
T-Mobile US reported postpaid phone net customer additions of more than half a million in the quarter and added more than 400,000 high-speed internet customers, while striking a deal with...
5G, fiber continue to drive the telco's results in Q1
AT&T beat expectations on its customer growth, with revenues off just slightly from the same period last year as CEO John Stankey continued to emphasize the telco's focus on consistent, profitable growth driven by 5G...
Carrier breaks out FWA revenues
Verizon shared its Fixed Wireless Access revenues for the first time, reporting that during the first quarter its FWA revenue was $452 million—an increase of $197 million compared to the same time last year.
Chairman and CEO Hans Vestberg said that...
Nokia reported a 20% decline in Q1 2024 net sales
Nokia has reported a “slow start” to 2024 but said this was expected, and that it anticipates things to pick up in the second half of the year. Company President and CEO Pekka Lundmark...
Ericsson President and CEO Börje Ekholm said customer spending will increase in the second half of the year
Ericsson has beat forecasts for the first quarter of 2024, with operating profit — excluding restructuring charges — hitting approximately $394 million, despite a 15% sales drop....
'We are confident in our strategy,' declares CEO Hans Vestberg
Verizon reported solid numbers in mobile postpaid customer additions and strong broadband additions driven by Fixed Wireless Access.
The carrier noted that during the fourth quarter of 2023, it saw consumer postpaid phone gross additions jump...
Keysight Technologies closed out its fiscal year with record revenue of $5.46 billion, up 1% from $5.42 billion last year. Net income was down 6% to $1.06 billion, compared to $1.12 billion during the company's fiscal 2022.
However, Keysight's fiscal fourth quarter of 2023 was...
Altice USA saw improved metrics across its broadband, fiber and mobile customers, with its mobile customer base growing at a rate of five times faster than it did during 2022's third quarter, CEO and Chairman Dennis Mathew told analysts on the company's quarterly call....
Wireless is the future. That does not mean that it’s an easy business. There have been many ups and downs over time. The past decade has been rough for both AT&T and Verizon. Now, suddenly this quarter they finally both reported strong performance along...
Verizon reported 100,000 postpaid phone customers adds in Q3
While Verizon’s Q3 2023 earnings were down from last year, both its earnings and wireless subscriber growth topped Wall Street estimates, giving the carrier a much-needed boost in the stock market, with shares rising more than...
T-Mobile US reported postpaid phone additions of 760,000 in Q2, the most in a quarter over the past eight years
T-Mobile US had a knockout Q2 2023, reporting postpaid phone additions of 760,000, the most in a quarter over the past eight years and much...
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 and a decrease in mobile net adds, AT&T grew its net profit in Q2,...
Verizon shares rose almost 3% in pre-market trading on Tuesday
Verizon’s Q2 results offered a pleasant surprise, showing a rise in wireless subscriber additions as the carrier’s aggressive 5G build out began to pay off with more users upgrading to the newest network. As a...
Altice reported its 'best ever' fiber net additions in Q1 2023, said company CEO
Altice USA ended the first quarter of 2023 with a total revenue of $2.29 billion, which represents a 5.3% year-over-year (YoY) decline. Further, the company noted a 2.8% decline in total...
