We are getting very close to the end of the quarter in the telecommunications industry. This quarter has been marked by many significant events, including:
AT&T provided a preview of how the current second quarter is progressing, reporting that its wireless operations were on track to post 500,000 postpaid net additions for the quarter. That growth is being driven by higher gross additions and smartphone upgrade rates on track...
Agilent Technologies (A) reported flat net revenues and a 35% year-over-year drop in net income for its second fiscal quarter ending April 30, and announced a restructuring program that will result in 450 eliminated positions.
That figure reflects a cut of about 2% to Agilent's...
Cell site solutions provider PCTel saw its revenues grow substantially during the first quarter of 2013, with $25.1 million in revenue - an increase of 46% year-over-year.
The company said that its TelWorx acquisition accounted for 25% of the growth, with the remaining 21% of...
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!
Consolidation was the name of the...
Aruba Networks, Inc. said that that it expects its revenues for the quarter ended April 30 to fall below its guidance, citing delays in customer orders.
“In April, we saw a push out in customer orders across the Americas, Europe and Asia," said Dominic Orr,...
Wi-Fi company Ruckus Wireless' revenues jumped 27% year-over-year to $57.2 million, but the company had expected even more and cited delayed deployments for not meeting its guidance for the first quarter of 2013.
Net income on a GAAP-basis was $300,000, down from $3.7 million in...
Rural wireless operator Ntelos continued to buck the trend among many of its larger rivals in adding customers across its product offering and riding the general wireless industry wave of increased spending among customers.
The carrier said it added 11,400 net customers during the first...
U.S. Cellular reported a shifting customer base moving increasingly towards the carrier’s prepaid services as well as growing impact from the sales of LTE-equipped devices.
The carrier said it lost 74,000 postpaid customers during the first quarter, compared with a loss of 38,000 for...
National Technical Systems, which provides testing and engineering services to the telecom industry among others, had a record quarter of growth. Revenues were up almost 19% to $184.5 million for its fiscal 2013.
Revenues for its fiscal fourth quarter jumped almost 9% year-over-year, to $43.8...
American Tower had a strong first quarter, driven by LTE rollouts and continued network investment from the four major U.S. carriers. The company's total revenue grew 15% year-over-year to $802.7 million for the quarter.
Jim Taiclet, American Tower’s CEO, said that there is "robust demand...
Leap Wireless surprised some by posting first quarter results that were not as bad as anticipated. Sure, that’s faint praise, but when you are trying to compete in the ultra-competitive wireless market, any praise is welcome.
The carrier said it lost 93,037 customers during the...
Wi-Fi provider Netgear reported a weak first quarter, with net revenue down 10% year-over-year.
Patrick Lo, chairman and CEO of NetGear, said that its performance for the quarter was due to difficulties in transitioning its product line to the new ReadyNAS solutions for the commercial...
Clearwire continued to meander between its past and future during the first quarter of the year, posting mixed results impacted by the decline of its wholesale WiMAX business and concerns over funding for its future LTE plans.
Highlighting the dwindling business from its wholesale operations,...
Juniper Networks' revenues were up 3% year-over-year and down 7% sequentially, the company reported in preliminary results for the first quarter of 2013.
Juniper had revenues of $1.06 million, and its operating margin for the quarter increased to 8.2% year-over-year from 4.6%. Net income was...
MetroPCS, which is just days away from completing its merger with T-Mobile USA, reported relatively flat first quarter results that considering the current competitive nature of the prepaid space could be considered a victory for the regional operator.
MetroPCS said that total revenues for the...
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!
--This week was a big one...
The first-quarter blues hit hard at Sprint Nextel as the carrier posted sluggish customer growth, though it managed to show improved financial performance.
Sprint Nextel said it lost 415,000 customers during the first quarter due to continued defections from its iDEN operations and losses through...
AT&T Mobility reported solid first quarter customer and revenue growth, with the former bolstered by strong adoption of tablet devices.
The carrier said it added 291,000 net customer additions for the quarter, which was down 60% from the 726,000 customers the carrier added last...
It’s been a very interesting week in telecom, and, as approvals are completed or underway for two large transactions, it’s worth spending some time recapping activity and looking ahead to the strategic implications.
T-Mobile USA today broke a bit with tradition announcing preliminary first quarter results showing the carrier’s first branded customer growth in years, bolstered by improved postpaid churn and continued strength in its no-contract offering.
The carrier reported that it added 579,000 total customers to its...
China Mobile saw net profits inch up only slightly in 2012, with financial growth stymied by increased expenses. The carrier did maintain its position as the world’s largest wireless operator, ending the year with 710 million total customers.
Operating revenues increased 6.1% year-over-year to $90.1...
With all the domestic wireless operators having reported their fourth quarter 2012 results, RCR Wireless News spoke with longtime industry analyst Bill Ho to break down the numbers and find out how those results could impact the competitive balance moving forward.
Points touched on...
Regional wireless provider Ntelos posted robust quarterly results highlighted by strong growth in its postpaid business that translated into solid financial returns. The results were more impressive considering the struggles posted by a number of smaller carriers during the quarter, especially in terms of...
