ZTE Corp. shipped more than 60 million mobile terminals in 2009, including 13.4 million units during the fourth quarter, pushing the China-based company past Motorola Inc. into the No. 5 …
Quarterly Earnings
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NextWave Wireless Inc. said the Nasdaq Listing Qualifications Panel granted the company’s request for continued listing on the Nasdaq Global Market. The approval requires NextWave to file a proxy statement …
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Famed Blackberry maker Research In Motion Ltd. saw its stock price dive more than 5% in early Thursday trading after the company posted fourth fiscal quarter results that fell short …
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Huawei Technologies Ltd. looks to have captured the No. 2 spot worldwide amongst wireless telecom vendors more than doubling its profits in 2009 to $2.7 billion compared with $1.15 billion …
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Editor’s Note: The following is a list of financial news and notes from the telecommunications industry announced over the past two weeks. Please send along financial news for inclusion in …
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Editor’s Note: The following is a list of financial news and notes from the telecommunications industry announced over the past two weeks. Please send along financial news for inclusion in …
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Palm Inc. shares dove more than 18% early Friday after the company announced an increased number of shipments to carriers during its third fiscal quarter ended Feb. 26, but a …
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InterDigital Inc. updated its financial guidance for the first quarter to reflect a new contract and an audit resolution, which will add between $37.5 million and $38.5 million to its …
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FiberTower Corp. reported revenues of $16.7 million for the fourth quarter, up from revenues of $14.3 million for the same period in 2008. Net loss for the quarter was $27.8 …
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Capital Markets: Quarterly earnings roundup: American Tower, US Cellular and 15 more
by jscarboby jscarboAirvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 …
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Wireless operators finished out 2009 on a mixed note as some operators posted robust customer growth reminiscent of years past, while others appear still mired in their modern troubles. The …
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T-Mobile USA Inc. posted surprisingly strong fourth quarter 2009 results today bolstered by the carrier’s continued appeal to prepaid customers.The industry’s No. 4 operator said it added 371,000 customers to …
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Clearwire Corp. released fourth quarter and full-year 2009 results this morning showing the financial strains of launching a new wireless service, but backed by positive signs that its WiMAX service …
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Sprint Nextel Corp.’s struggles continued during the fourth quarter of 2009 as the wireless industry’s No. 3 domestic carrier posted a net loss of nearly $1 billion and hemorrhaged more …
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Alvarion Ltd. reported revenues of $60.2 million for the fourth quarter, down 14% from revenues of $70.1 million in the fourth quarter of 2008. Net loss for the quarter was …
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American Tower Corp. said it completed a previously announced exchange offer for its 4.625% senior notes due in 2015. The notes originally were issued in October 2009. The company received …
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Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record high, underlining Samsung’s rise to …
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Just days after rival Verizon Wireless posted robust fourth quarter 2009 results, including 2.2 million net customer additions, AT&T Mobility said it had added nearly 2.7 million subscribers to its …
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Just days after rival Verizon Wireless posted robust fourth quarter 2009 results, including 2.2 million net customer additions, AT&T Mobility said it had added nearly 2.7 million subscribers to its …
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The world’s biggest mobile phone maker, Nokia Corp., on Thursday said strong sales of smartphones and lower costs helped profits rise 65% in the fourth quarter despite a drop in …
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Strong wireless growth not enough to offset charges for Verizon: $3 billion charge related to layoffs weighs on earnings
by Dan Meyerby Dan MeyerVerizon Communications Inc. posted rocky fourth quarter 2009 results that were impacted by one-time charges related to job cuts and an increasing dependency on its wireless operations.Verizon announced a 10% …
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Adtran’s board of directors declared a cash dividend of 9 cents per common share for the fourth quarter of 2009. Brightpoint Inc. completed a stock repurchase of nearly 9.2 million …
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T-Mobile USA, a wireless carrier that is owned by Germany’s Deutsche Telekom AG, said Thursday that it lost 77,000 subscribers in the third quarter due in part to competition and …
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Wireless chip supplier Qualcomm Inc. on Wednesday forecast weaker than expected full-year results, but its extension of a key deal with Korea’s Samsung Electronics helped offset the disappointment for some …
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MetroPCS Communications Inc. Chairman and Chief Executive Roger Linquist said he was disappointed with the wireless provider’s customer growth, and blamed competitive forces and high unemployment for the shortfall. Wall …