Amsterdam-based Vimpelcom reported an 83% drop in profits for its second quarter. The group's recent debt refinancing of its Wind unit in Italy is partly to blame, but CEO Jo Lunder remained optimistic about Vimpelcom's operations in the country, saying that it continued “to outperform competitors in a weak...
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
--Regional wireless operator U.S. Cellular showed...
Editor’s Note: Welcome to our weekly Reality Check column where C-level executives and advisory firms from across the mobile industry share unique insights and experiences.
Many – if not most of you – have seen earnings for AT&T, Verizon Communications, Comcast, Time Warner Cable, Sprint,...
Comptel reported 17% growth in new business during the most recent quarter, although its net sales were largely flat.
Juhani Hintikka, president and CEO of Comptel, said that the company won five new customers during the first half of the year, compared to a total of...
The nation’s four largest wireless operators have now all posted second quarter results that came in more or less within expectations.
Verizon Wireless continued its machine-like focus on attracting lucrative postpaid customers at the expense of all other market segments; AT&T Mobility also reported strong...
Alcatel-Lucent (ALU), which announced its “Shift Plan” a year ago, is now looking to shift some of its submarine cable business. When the Paris-based telecom equipment company released its 2014 second quarter results, it announced a planned initial public offering for the subsidiary scheduled...
T-Mobile US’ impressive run of customer growth over the past year took a step back during the second quarter, though the nation’s No. 4 operator still managed to post strong growth and – more importantly – improved financial performance.
During the second quarter, T-Mobile US...
French telecom operator Orange showed more signs of stabilizing when it released results for the first half of 2014 . To keep its momentum, the telecom upped its cost cutting goal to about $402 million from its previous goal of $334 million.
Orange posted revenues...
As has been a recurring theme, Sprint reported quarterly results that highlight its continued struggles through an ongoing network upgrade program, but hints that perhaps it could be set to turn a corner.
(Sprint recently altered its fiscal quarters to align with new parent company...
Regional wireless operator Ntelos upstaged its second quarter financial release by announcing a change of leadership at the carrier effective immediately.
Ntelos said that long-time CEO James Hyde had resigned his position today, which also included president and member of the company’s board. Ntelos’ board...
This week the domestic wireless market’s two heavyweights announced second quarter customer results, which for their respective shareholders appeared to be dy-no-mite!
The U.K.-based Vodafone Group released its interim management report on July 25, showing that its service revenue declined 4.2% in the quarter ending June 30, the first quarter of the company's fiscal year. While Europe continued to drag down that figure ― the region declined 7.9%...
Facebook and its millions of users love mobile devices. The social media giant's second quarter results showed a huge increase in mobile users — and mobile revenue.
The company had a good quarter, beating market expectations with $2.91 billion in revenue, an increase of 61% over the the...
América Móvil is suffering the consequences of new Mexican anti-trust rules that forbid telecom companies from controlling more than 50% of the market. The Financial Times noted that América Móvil is feeling the pain of the new regulations as its second-quarter earnings showed a 9% year-over-year drop in mobile...
AT&T reported solid customer growth for the second quarter, boosted by strong postpaid subscriber additions, through it saw its financial performance impacted by the robust adoption of its device financing and shared data plans.
The carrier said it added 634,000 total connections to its network...
Less than one week after announcing plans to cut 18,000 jobs, software giant Microsoft announced financial results for its fourth fiscal quarter showing robust revenue, margins and net income, but a dip in earnings per share.
The company, which during the quarter finalized its acquisition...
International demand for the iPhone led to another strong quarter for Apple. The company posted $37.4 billion in revenue and a net profit of $7.7 billion for its third quarter ending on June 28. The results both were increases from the same quarter last...
Following up on comments earlier this month, Verizon Wireless said it added 1.427 million direct customers during the recently completed second quarter, made up entirely of lucrative postpaid subscribers. That growth was a 40% improvement over Q2 2013 results and was the strongest quarterly...
The domestic wireless market was at this point expected to see a slowdown in customer growth as the overall market hit saturation. However, consumer appetite for mobile services has allowed operators to continue posting robust growth figures as sales of secondary devices like tablets...
SAP reported that its cloud business grew 32% during the second quarter and said that it is the fastest-growing enterprise cloud company "at scale," which it considers to be an annual cloud revenue run rate of more than $1.3 billion (roughly a billion Euros).
SAP's annual revenue...
This week we will forego commentary on the events of the week (although I was tempted to write about BlackBerry’s recent attempt to be relevant with their square phone) to focus on 10 events that have shaped the second quarter and will impact the rest of the year.
Verizon Wireless looks set to put some pressure on its rivals in terms of second quarter performance, as the nation’s largest carrier said it added 1.4 million net customers, boosted by record tablet activations.
In an interview with CNBC, Verizon Communications CEO Lowell McAdam announced...
Ixia has re-filed its 2013 financial reports, bringing the company closer to being current with its Securities and Exchange Commission filings after the resignation of its CEO and CFO led to discoveries in accounting mistakes.
No willful violations were found, but the company's CFO resigned...
Oracle saw strong growth in its cloud offerings, even as investors sold shares because the company missed expectations.
Oracle said that cloud-based software-as-a-service and platform-as-a-service revenues were up 25% year-over-year to $322 million, and cloud infrastructure-as-a-service revenues were up 13%. Cloud has been a source of strength...
