Wireless-tower operator American Tower Corp. posted better-than-expected quarterly revenue but profit came in line with Wall Street expectations as expenses rose.Reuters
Quarterly Earnings
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Is Motorola back?The mobile-phone giant has struggled for years as rivals from Nokia (NOK) to Research In Motion (RIMM) to Apple (AAPL) have stolen away its customers. To get back …
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When is a loss a win? When you are Sprint Nextel Corp. of course. Spinning like a champion, Sprint Nextel used a variety of percentages and claims of “best” performance …
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MEXICO CITY – America Movil, the largest cellphone operator in Latin America, posted a 51 percent rise in third-quarter net profit on Monday due to a pickup in new subscribers …
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UPDATE: VZW Q3: Revenues strong despite modest customer metrics: Apple option still on the table
by Dan Meyerby Dan MeyerVerizon Communication Inc.’s wireless division continued to drive growth for the telecom giant during the third quarter, posting 58% of the company’s total revenues and maintaining its position as the …
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AT&T Mobility posts company record 2M net adds: Strong growth propelled by integrated devices
by Dan Meyerby Dan MeyerAT&T Mobility set the bar high for third quarter results posting just over 2 million net customer additions for the quarter, which was a record for the carrier and a …
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UPDATE: New iPhone boosts Apple’s bottom line.: Device giant ships 7.4M iPhones, stock tops $200
by Dan Meyerby Dan MeyerApple Inc. continued its assault on the mobile space during its fiscal fourth quarter ended Sept. 26 selling nearly 7.4 million iPhone devices, which was a 7% increase over the …
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UPDATE: New iPhone boosts Apple's bottom line.: Device giant ships 7.4M iPhones, stock tops $200
by Dan Meyerby Dan MeyerApple Inc. continued its assault on the mobile space during its fiscal fourth quarter ended Sept. 26 selling nearly 7.4 million iPhone devices, which was a 7% increase over the …
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Shares of BlackBerry maker Research In Motion Ltd. tumbled in after-hours trading after the device manufacturer posted second quarter financial results that showed a drop in profits and lower than …
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AT&T Mobility posts iPhone-fueled growth during Q2: Hot-selling device pressures margins
by Dan Meyerby Dan MeyerAT&T Mobility continues to ride the iPhone tide as the nation’s second largest operator posted strong customer growth during the second quarter bolstered by Apple Inc.’s device.The carrier, which prior …
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Verizon Wireless posted second quarter results highlighted by strong postpaid net customer additions and growing wireless revenues. The industry’s largest operator said it added 1.142 million customers during the second …
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Prepaid competition hits VMU: MVNO losses customers, posts strong financials
by Dan Meyerby Dan MeyerHighlighting the increasingly competitive nature of the prepaid market, Virgin Mobile USA Inc. posted second quarter results today that showed a loss of customers during the quarter. Despite the customer …
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Leap Wireless International Inc. lowered the number of new subscribers it expects to add this year as the carrier faces increased competition in the prepaid segment. Leap added 202,767 net …
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T-Mobile USA posted a disappointing 325,000 net customer additions for the second quarter, which was half the 668,000 customers it added during the second quarter of 2008. The 2009 growth …
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A ‘comfortable’ iPCS posts solid Q4 metrics: Wireless provider outlines 2009 goals
by Kyle Welchby Kyle WelchRegional wireless provider iPCS Inc. posted $9.8 million in losses for 2008, but the company remains optimistic it will continue to add customers and reduce churn.In regard to subscribers, the …
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Bankrupt Nortel Networks Corp. ended 2008 with $5.7 billion in losses, as the Canadian giant works on a plan to restructure in the face of increased competition and a weakened …
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Fourth-quarter numbers from T-Mobile USA Inc. showed that the industry’s No. 3 and No. 4 players (Sprint Nextel Corp. and T-Mobile USA, respectively) were no match for their larger rivals …
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Leap Wireless International Inc.’s growth is going according to plan, but the carrier is paying for it, literally. In its fourth-quarter results, Leap reported operating income of $3.8 million, a …
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The wireless industry’s No. 5 carrier U.S. Cellular Corp. added 20,000 customers during the fourth quarter of 2008, which was less than half the 44,000 subscribers the carrier managed to …
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MetroPCS Communications Inc. said it added a company record 520,000 net customers during the fourth quarter of 2008, and ended the year with 5.4 million customers on its network. MetroPCS’ …
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In an exclusive interview with RCR Wireless News, Sprint Nextel Corp. CEO Dan Hesse discusses pricing plans, unlimited service options, iDEN network capacity, the forthcoming Palm Pre, planned job cuts …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers–FBR Research upgraded Sprint Nextel to outperform from market perform and …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors–Lehman Bros. raised its 2010 EPS estimate on …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors–Credit Suisse First Boston lowered its estimates on …
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LG Electronics Co. said it will trim $2.2 billion from its overhead, including headquarters and 82 subsidiaries around the globe, citing the global economic downturn that led it to a …