Beleaguered wireless operator Clearwire Corp. said it added a record 1.9 million net wholesale customers to its network during the third quarter, ending the period with 9.5 million total customers on its network.
The carrier said that in combination with a reduction in operating...
China Unicom Ltd. (CHU) completed the reporting of its first-half financial results for 2011, stating an increasing dependence on its mobile operations.The company, which is currently the second largest mobile operator in China, reported nearly $9.4 billion in total wireless revenues for the first...
China Mobile Ltd. (CHL) continued to show strong customer growth and solid gains in its 3G operations and accompanying data services during the first half of the year.The carrier said it added more than 32 million new customers during the first six months of...
Huawei Technologies Co. Ltd. said its revenues grew 11% in the first half of the year, to $15.38 billion, while operating profit reached $1.94 billion. The privately held Chinese company released the information in a press release, but did not release overall profit figures.The...
Regional wireless operator U.S. Cellular Corp. (USM) posted second quarter results that showed continued strain for smaller players in the segment.The carrier said it lost 70,000 customers from its network during the quarter, which was significantly greater than the 3,000 customers lost during the...
Bloomberg | August 5, 2011 | Chiara Remondini
Telecom Italia SpA (TIT), Italy’s biggest phone company, climbed in Milan trading after reporting that second-quarter earnings advanced 4.9 percent as revenue rose in Brazil.
Read the full article here via Bloomberg
UPDATED: Editor's Note: With all of the domestic industry's public, facilities-based operators having announced second quarter results we decided to provide a quick snapshot of how the quarter stacked up.Verizon Wireless (106.3 million connections)Quick facts: Posted 2.2 million net additions for the quarter, including...
Leap Wireless International Inc.'s (LEAP) second quarter results were not as bad as some had feared, but were apparently bad enough to scare off investors who fled the carrier's stock this morning to the tune of a more than 30% drop in the carrier's...
T-Mobile USA Inc. (DTEGY) showed marked improvements in its operations during the second quarter, posting fewer customer losses and stabilizing revenues. The carrier, which is in the midst of a possible acquisition by AT&T Inc. (T), said it lost just 50,000 customers during the...
American Tower Corp. (AMT) grew revenue 27% to $597.2 million, driven by increased LTE buildout activity from AT&T Mobility and Verizon Wireless. The company slightly raised its guidance for the year. The company reported operating income was up 19.6% in the quarter, compared to...
Regional wireless operator MetroPCS Communications Inc. (PCS) saw its stock price punished this morning after the carrier released lower than expected second quarter results that showed higher earnings, but slower growth that was impacted by increased customer churn.
MetroPCS reported that revenues increased 19% year-over-year...
Regional wireless operator MetroPCS Communications Inc. (PCS) saw its stock price punished this morning after the carrier released lower than expected second quarter results that showed higher earnings, but slower growth that was impacted by increased customer churn.
MetroPCS reported that revenues increased 19% year-over-year...
SBA Communications Inc. (SBAC) reported a 10.7% increase in revenues to $171.1 million in the second quarter, driven by a 14% increase in site leasing revenue of $150.2 million during the period. Site development revenues totaled $20.9 million in the second quarter, an...
The growth of smartphones is indeed an international phenomenon as highlighted by Japan's largest carrier NTT DoCoMo Inc. (DCM) reporting a surge in net profits it attributed to the device segment.NTT DoCoMo said that profits jumped nearly 12% year-over-year during its first fiscal quarter...
Crown Castle International Corp. (CCI) said it could see incremental revenue from LightSquared as part of its multi-year Network Vision plan signed with Sprint Nextel Corp. The deal establishes uniform rates for deploying sites rather than negotiating tower contracts on a site-by-site basis, and...
Alcatel-Lucent (ALU) shares dropped 9% after the infrastructure vendor released positive second-quarter earnings results that failed to meet expectations. CEO Ben Verwaayen reiterated that the company expects a strong second half of the year. Nevertheless, the stock was down nearly 19% at press...
Sprint Nextel Corp. (S) continued its operating turn around during the second quarter, but those improvements appeared to have come at a cost.The carrier managed to add nearly 1.1 million new customers to its network during the quarter, which was about 1 million more...
In a letter to accompany their earnings, which were announced this afternoon - the first since the unpopular announcement of a price rise, Netflix CEO Reed Hastings remained bullish on the firm's growth and value proposition.
Qualcomm Incorporated delivered solid third quarter financial results on Wednesday, exceeding analyst estimates but apparently not living up to shareholder expectations, with the firm’s stock taking a small hit after hours.The San Diego based chipmaker actually saw a stellar quarter with revenues of $3.62...
Yesterday Apple held their quarterly earnings call to announce their revenues for the last three months and, somewhat unsurprisingly, they managed another quarter or massive growth, huge profits and all-round good times.
Mobile has become the absolute fabric of Apple Inc. (AAPL). The business has changed so dramatically thanks to the iPhone (and increasingly the iPad) that it barely resembles itself from even four years ago.
During the just closed quarter, Apple sold 20.34 million iPhones and...
The Google Plus Social Network has already managed to rope over 10 million members into its circles, Google CEO Larry Page said Thursday.
Despite launching only two weeks ago on June 28, by invitation only, the service – which is still officially in Beta –...
RIM's continued slowdown was laid bare in the company's quarterly earnings call yesterday, where the Canadian smartphone maker dished out their latest figures, which included lower-than-expected revenue, and bad news for those looking for a 4G Playbook.
The first three months of the year showed an interesting pecking order among the nation's largest wireless operators.While its position as the nation's largest operator is threatened by the impending AT&T Inc. (T) acquisition of T-Mobile USA Inc. (DTEGY), Verizon Wireless (VZ) continues to...
