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Sprint Nextel continues to ride operational roller coaster

Sprint Nextel’s (S) ongoing operational evolution remains ongoing as the carrier posted yet another quarter of mixed financial results, but promises of better days ahead. During the first quarter, Sprint Nextel’s wireless operations posted a 7% increase in operating revenues to $7.95 billion compared with...

Apple soars 9%, takes US market along for the ride

Apple (AAPL) put a shine on the US stock market Wednesday, rising 9% and regaining most of the ground lost earlier this month. Fears that the engine of the mobile revolution might be slowing down were quickly put to rest yesterday when Apple once...

iPhone remains fragile catalyst for AT&T Mobility

AT&T Mobility (T) looks to have hit an iPhone wall, with the iconic device still remaining a big seller for the carrier, but a greater share of new customers looking elsewhere when selecting the device. AT&T Mobility said it sold 5.5 million smartphones during the...

Earnings Roundup: RadioShack stock slides 10%, ARM, ST-Ericsson, 3M also report

RadioShack lost $8 million in the first quarter, and the stock was off more than 10% in Tuesday morning trading. RadioShack has contracts the three largest US carriers, and its earnings release offers some insight into how those products are faring with customers. The...

Huawei pre-analyst summit analysis: A first look at 2011 financials reveals importance of consumer devices as company’s growth engine

SHENZHEN, China – Huawei released its 2011 financial report in advance of its 9th Annual Global Analyst Summit being held this week at its Shenzhen headquarters. In advance of the gathering, Huawei announced top line sales revenue of $32.4 billion. Net income stood...

Verizon Wireless posts strong Q1 ARPU, margin growth

Following a rough fourth quarter in which strong iPhone sales hit its bottom line, Verizon Wireless’ first quarter results showed the fruit of that labor by posting robust growth in average revenue per user and increased wireless margins. The nation’s largest operator posted a 3.4%...

RIM on the edge

Another quarter of disappointing results for Canadian Blackberry-maker Research in Motion (RIMM) has the company's new CEO finally considering what his predecessors would not: a sale of the company. New CEO Thorsten Heins wrote in the company's 4th quarter earnings release that he will...

MetroPCS’ stock surges on positive financials

MetroPCS (PCS) added fiscal details to its previously announced customer results for the fourth quarter of 2011, showing positive trends and a sharp increase in net income. For the fourth quarter, MetroPCS posted a 16% increase in revenues from $1.066 billion in 2010 to $1.238...

T-Mobile USA hammered by customer defections in Q4

T-Mobile USA ended 2011 on a sour note as the carrier posted a marked increase in customer losses as well as the collapse of its planned acquisition by AT&T, both of which were somewhat related. T-Mobile USA said it lost 526,000 customers during the fourth...

Leap’s stock hit by higher Q4 expectations

Following up on its pre-release of fourth quarter results last month, Leap Wireless rolled out the rest of the numbers showing improved financial results to go along with positive operational news. Despite the results coming in just ahead of most estimates, Leap’s (LEAP) stock was...

Clearwire stock drops on slower growth, continued losses

Clearwire (CLWR) continued to show its transformative nature during the fourth quarter as the carrier’s results showed increasing reliance on its wholesale operations, currently dominated by parent company Sprint Nextel (S), while its future plans have been bolstered to support a move into the...

Prepaid growth propels Tracfone towards 20M customers

Prepaid wireless provider Tracfone Wireless inched closer to the 20 million customer mark during the final three months of 2011, as the carrier said it finished the year with 19.8 million total customers. The carrier is owned by America Movil (AMX) and operates in...

Sprint Nextel posts strong Q4 growth; iPhone impacts financials

The iPhone impact on carriers continued as Sprint Nextel (S) posted strained fourth quarter results, which was its first quarter in offering Apple’s (AAPL) iconic device. The results followed similar strains posted by Verizon Wireless and AT&T Mobility. The nation’s No. 3 carrier said it...

Smartphone sales impact Verizon Wireless’ Q4

Device subsidies associated with the launch of Apple’s latest iPhone at the beginning of the fourth quarter had a pronounced impact at Verizon Communications (VZ) with the company just missing earning per share estimates and margins taking a sequential hit. Verizon Wireless reported that smartphones...

Clearwire shows increased Q4 revenues, iPhone-related churn

Clearwire (CLWR) said it accumulated a company record $362 million in revenues during the fourth quarter of last year, which was more than double the amount posted during the final three months of 2010 and slightly ahead of analyst estimates. The company noted that revenues...

T-Mobile USA shows glimmer in third quarter

T-Mobile USA turned a corner during the third quarter as it added 126,000 customers to its network after several quarters of customer losses. While the growth was noteworthy, all of that growth was on the back of its prepaid, wholesale and nontraditional device segments,...

China Telecom posts flat Q3 results, ARPU dip

China Telecom (CHA), which is the country’s third largest wireless operator behind behemoth China Mobile (CHL) and No. 2 China Unicom (CHU), said it added 8.58 million wireless customers during the third quarter of this year. The growth was just ahead of the 8.46...

Sprint Nextel continues to show operational improvements, fund needs weigh on future

Sprint Nextel’s (S) Dr. Jekyll and Mr. Hyde operations continued in the third quarter as the carrier continued to show improved customer growth results that are hampered by higher costs associated with network upgrade plans and the recent launch of Apple’s iPhone. For the quarter,...

Verizon Wireless ahead of schedule for LTE build, capex trend down for 2012

Perhaps looking to stave off some recent claims that it was throttling back on network spending, Verizon Wireless (VZ) sent out a reminder this morning that the carrier was ahead of schedule on rolling out its LTE network. The carrier noted that its original plans...

Apple iPhone 4S shakes up mobile space in less than a week

With just over a week on the market, Apple’s newest iPhone iteration – the 4S – has already made its presence felt across the mobile space. Apple reported earlier this week that it sold 4 million devices over the first three days of availability,...

Verizon Wireless Q3 shows strength on postpaid, weakness across other segments

UPDATED: Verizon Wireless iPhone sales numbers added. In what might be a trend for several operators, Verizon Wireless failed to meet postpaid growth expectations, which some cited was linked to a pause in sales leading up to the launch of Apple’s latest iPhone model. Verizon Wireless...

China Mobile posts mixed Q3 financials, customer base swells

The world’s largest mobile operator, China Mobile (CHL), continued to pile on the subscribers during the third quarter, adding 16.73 million net customers to its network and ending the period with 633.52 million total customers on its network. The carrier noted that nearly half...

AT&T Mobility sees Q3 slowdown as iPhone sales slip

AT&T Mobility (T) reported a slowdown in new activations on its network during the third quarter, with non-traditional devices and resale partners taking up much of the slack from a dip in revenue-rich iPhone activations. The carrier said it added 2.1 million net connections during...

Apple posts strong Q4 results, stock slides

Apple saw its position as the world’s most valuable company slip following release of its fourth fiscal quarter financial results that posted significant year-over-year gains, but fell short of the lofty expectations of investors. Apple reported $6.62 billion in net profits for the quarter on...