Alcatel-Lucent (ALU) narrowed its first-quarter loss driven by strong wireless sales in North America. However, the company's stock slid nearly 5% in trading as analysts worried the infrastructure provider needs more contracts outside North America. The stock price was improving at press time,...
T-Mobile USA Inc. (DTEGY) continued to bleed customers during the first three months of the year as the proposed acquisition by AT&T Inc. lingers over the company's future. T-Mobile USA said it lost 99,000 customers during the first quarter, including a whopping 471,000...
Leap Wireless International Inc. (LEAP), which operates its wireless business under the Cricket Communications Inc. brand, posted lumpy first quarter results as the carrier continues to manage changes in its operations. The carrier said it added 331,000 customers during the first quarter of the...
Despite claims that a sale was nearly finalized, Clearwire Corp. (CLWR) has backed away from its plans to sell off spectrum assets in an attempt to raise funds for future growth. This was the statement from acting CEO John Stanton, who said during the...
Citing the impending launch of its HSPA+-based “4G” network, Canadian operator Manitoba Telecom Services Inc. reported flat customer growth results for the first three months of the year. The telecom provider said its wireless customer base was at 483,722 subscribers at the end of...
Korean telecom operator SK Telecom Corp. Ltd. Co. (SKM) said it earned $521 million during the first quarter of this year on the back of $2.9 billion in total revenues. The earnings were a 35.7% increase compared with the first quarter of 2010, while...
Latin American-based telecommunications provider America Movil S.A.B. de C.V. (AMX) said it added six million wireless customers during the first quarter of this year, ending the period with 231 million total customers across its numerous wireless operations.America Movil has wireless operations in Mexico (Telcel),...
Showing the continued strength of the no-contract market MetroPCS Communications Inc. (PCS) posted a 5% increase in net customer additions during the first quarter, rising from 691,602 in 2010 to 725,945 this year. The growth pushed the carrier's total customer base to nearly 8.9...
American Tower Corp. (AMT) stock ticked up 3.2% at press time today on first-quarter financials that included total revenues of $562.7 million, up 23.8% from the year-ago period. Net income inched down 4.6% to nearly $92 million. The company continues to expand its tower...
SBA Communications Corp. (SBAC) reported revenues up 13.4% in the first quarter, totaling $167.7 million and narrowed its net loss by 2 cents per share. Site leasing revenue of $146.5 million was up 14.5% over the year earlier period. Like competitor Crown Castle...
Sprint Nextel Corp.’s (S) multitude of networks, brands and wholesale partners lends a convoluted nature to its quarterly financial release, but at the end of the day the carrier managed to add 1.1 million new customers to its network during the first quarter of...
Mobile broadband buildout aided Crown Castle International Corp.'s (CCI) first-quarter outlook as the independent tower company saw total revenue and site rental revenue both increase 12% year over year. The company posted a profit for the quarter of $40 million, compared to a...
L.M. Ericsson (ERIC) stock climbed more than 11% this morning on the company's first-quarter financials, during which the world's largest network vendor maintained an impressive 38% gross margin and a 17% year-over-year increase in sales, driven by growth in mobile broadband.Global network rollouts appear...
Nokia Corp. (NOK) posted a profit of $502 million on sales of nearly $15.2 billion for the first quarter, but the device manufacturer said this quarter could be more challenging. The world's largest handset manufacturer has been under consistent pressure from...
Nokia Siemens Networks posted a gross profit of $1.23 billion for the first quarter, up 8% from a year ago. However, gross margins trickled down a few percentage points to 26.7% as the telecom equipment vendor said it continues to experience an “intense pricing...
Verizon Wireless (VZ) continued to show strong postpaid customer growth during the first quarter of this year, buoyed by its recently launched LTE service as well as the launch of Apple Inc.’s iPhone device on its network. However, non-traditional – at least for Verizon...
Hot on the heels of Google's earnings call at the beginning of the week, today was Apple's turn to publish their figures and, surprise surprise, they beat expectations and sold a whole load of bushed aluminium to mobs of doe-eyed consumers.
AT&T Inc. (T) counted on connected devices to drive first-quarter growth, with 1.3 million connected devices added in the period, compared to only 62,000 postpaid retail net additions. The nationwide operator now counts 97.5 million wireless subscribers on its network.In a quarter where...
Yep, it's quarterly earnings season again. Google are usually first out of the gate with their numbers, and as expected they dished the dirt yesterday on the absolutely obscene amounts of money they've been making across the board. However the announcements were marred slightly by Google not managing to match analysts' forecasts.
China Mobile Ltd. (CHL) said it added nearly than 62 million customers in 2010, finishing the year with 584 million customers and extending its leadership as the world’s largest wireless operator. The growth was down from the more than 65 million customers added in...
High churn and significant postpaid customer defections hurt T-Mobile USA Inc. (DTGEY) in its fourth-quarter financial report. The nation's fourth-largest carrier lost 318,000 postpaid customers in the fourth quarter and a net loss of 23,000 customers overall. Revenue inched up 0.9% for...
Regional wireless operator U.S. Cellular Corp. (USM) continued to shed customers during the fourth quarter, but managed to grow revenues as those customers it kept spent more each month for service.The carrier reported the loss of 31,000 total customers during the fourth quarter, including...
Following up in its limited fourth quarter performance announcement earlier this year, MetroPCS Communications Inc. (PCS) this morning reported financial details for the quarter and full year highlighting the impact of its smart phone and LTE plans.Despite previously announced customer growth that fell short...
Clearwire Corp.’s (CLWR) transition from a retail operator to a wholesale partner gained further momentum during the fourth quarter as the carrier posted record wholesale net additions and announced plans to further curtail its retail strategy.For the quarter, Clearwire said it added more than...
