BROWSING: Quarterly Earnings

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...

US Cellular says its Fixed Wireless Access gross adds for the quarter were up 130% YoY In a Q1 2023 earnings call, US Cellular executives reiterated the company’s top priority of boosting customer results, claiming improvements in postpaid gross adds on a year-over-year basis and...

Greetings from Louisiana and the Midwest. Pictured blow is the Fastwyre ribbon cutting held last week in DeRidder, Louisiana. We had a terrific time meeting hundreds of future customers frustrated with their current broadband options. There are many more Fastwyre ribbon cuttings coming to...

Softbank founder and CEO Masayoshi Son invested $20 million in Alibaba in 2000 After posting a $23 billion quarterly net loss on Monday, SoftBank announced plans to reduce its stake in Alibaba to 14.6% from 23.7% for more than 4.6 trillion Japanese yen ($34.1 billion). In the filing,...

T-Mobile US beat expectations on customer additions for the second quarter of 2022 and has raised its expectations for the year in a number of areas, continuing a strong showing while AT&T and Verizon pull back on their guidance. T-Mo landed postpaid net customer...

Supply chain woes and inflation are to blame for lower gross margins, said Ekholm Ericsson stocks tumbled as much as 10% on Thursday, following the company’s latest earnings report. The Swedish telecom equipment maker posted an increase in second-quarter earnings, but missed Wall Street analyst’s...

July greetings from the Midwest and Davidson/ Charlotte/ Lake Norman, NC.  Pictured to the right is the World’s Largest Truckstop on I-80 between the Quad Cities and Des Moines (highly recommend the coffee).  We’ve been traveling a lot by car over the last three weeks, and predict...

April was 'different, but stable,' says US Cellular CEO US Cellular reported a remarkably strong first quarter, considering the current climate. The operator saw net income of $71 million, up from $54 million in the year-ago period and no major disruptions to network investments. Operations...

Nokia CEO says the company has 70 5G deal wins and 21 live networks deployed On its Q1 earnings call, Nokia President and CEO Rajeev Suri said that while the company’s revenues took a small hit — EUR200 million in net sales — due to...

Sprint CEO: Merging with T-Mobile will provide the "best outcome" for consumers, employees and shareholders While Sprint reported growth in postpaid net additions during the second quarter of 2019, the carrier lost 91,000 of its most lucrative phone connections in the latest quarter and also...

The FCC has finally voted to approve T-Mobile, Sprint merger T-Mobile had a lot to celebrate during its third-quarter earnings call. The carrier’s net income hit $870 million, up 9% from a year earlier, and earnings per share totaled $1.01, beating analysts' forecast of 96...

US Cellular picked up millimeter wave licenses and is pressing for mid-band spectrum in ramp to 5G On the US Cellular earnings call last week, President and CEO Ken Meyers described the company’s second quarter as “competitive, but slower than expected.” Despite the loss of 26,000 postpaid...