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Crown Castle’s profits down 45% YoY

Crown Castle reported profits of $251 million for the second quarter of 2024, down 45% from the same period last year amid an ongoing pullback in capital expenditures by mobile network operators. Net income was also impacted by a $45 million charge related to...

T-Mo posts big numbers: 934K net phone adds, broadband growth

T-Mobile US beat out its mobile competitors on postpaid phone net additions in the fourth quarter, posting 934,000 for the quarter and 3.1 million for the year. In its home broadband business, T-Mo added 541,000 net new customers in the fourth quarter and 2.1...

AT&T reports strong mobile, fiber results, but charges mar EPS

AT&T beat its guidance on its full-year mobility service revenues for 2023 and consumer broadband revenues for 2023, and garnered postpaid phone net adds for the quarter of 526,000. The company's stock still slipped more than 3% on Wednesday after its financial report, in...

T-Mo touts a strong Q3 in customer and coverage growth

T-Mobile US continues its strong performance, gaining postpaid phone net adds of 850,000 during the third quarter and seeing its service revenues grow 4% year-over-year to $15.9 billion. Postpaid service revenues saw even better numbers, with a growth rate of 6% to $12.3 billion. Overall...

Keysight sees a drop in commercial comms revenues, but still reports record quarter

Keysight's communications solutions segment sees drop in commercial communications revenues, more than offset by aerospace/defense growth Keysight Technologies continued a run of recent record quarters, reporting that it brought in revenues of $1.38 billion—a figure that was roughly flat compared to the same period last...

Dish continues to lose wireless customers, down 188,000 in Q2

Dish Network's numbers were down across the board for the second quarter of this year, and it continued to post six-figure losses for both its pay-TV and its wireless subscribers. Dish saw retail wireless net subscribers drop by about 188,000 in the second quarter,...

Nokia lowers outlook, citing inflation and interest rates

Ahead of its second-quarter earnings report, Nokia has lowered its guidance for its full-year sales, citing weakness in North America as one of the contributing factors. Nokia is now expecting net sales for the year to be in the range of 23.2 billion-24.6 billion...

Ciena sees supply chain constraints easing

Networking specialist Ciena has reported second-quarter revenues of $1.13 billion, up from $949.2 million in the year-ago period. Gary Smith, Ciena's president and CEO, called the results "outstanding" and noted that the company's revenues outperformed expectations not only for the second quarter, but for...

T-Mo touts ‘differentiated and durable’ strategic lead

T-Mo's strategy is 'differentiated and durable,' says CEO Mike Sievert T-Mobile US continues to be the mobile network operator to beat, delivering another strong quarter of customer and financial results. Analysts had expected even rosier numbers in terms of revenues and customer additions, however, and sent...

Six key takeaways from Verizon’s Q1 results

Verizon's results from the first quarter of the year reflected moderating revenues and wireless customer losses related to its 3G network shutdown, with its broadband performance a bright spot and overall net income up compared to the same period last year. Chairman and CEO...

Viavi sees R&D pullback

Viavi Solutions reported preliminary results today that fell short of its guidance on revenue, and cited a drop-off in research and development spending by network equipment manufacturers and semiconductor companies as the driver. Viavi said that its revenues for its fiscal third quarter are...

T-Mobile US: Big investments, big results for 2022

2022 was the company's 'best year ever,' says CEO Sievert T-Mobile US rounded out 2022 with postpaid net customer additions of 1.8 million in the fourth quarter and 6.4 million for the year, beating its guidance and recording record-low churn of 0.88%. Q4 2022 —...

Verizon execs talk ‘tweaks’ and ‘consumer investment’, amid improved customer numbers

Speaking at the Citi 2023 Communications, Media & Entertainment conference, Verizon CEO Hans Vestberg and Chief Technology Officer Kyle Malady discussed the “tweaks” being made on both the technology and consumer side of the business. Many of these changes, the pair said, focus on...

AT&T hits 70 million midband 5G POPs, sees inflation pressures

AT&T posted a quarter of mixed messages: Strong numbers, particularly in net additions, paired with some financial hits due to the inflationary economic environment, and commentary from executives that make it clear that company is treading carefully to avoid losing its momentum. CEO John Stankey...

Nokia beats earnings estimates, despite component shortages

Component availability is constraining Nokia's growth, not demand or production capacity, says CEO Nokia saw strong sales growth in both its network infrastructure and cloud and network services segments during the past quarter as operators push forward with 5G adoption, and the company's CEO said...

AT&T reports a strong quarter as it sells Vrio, strikes wholesale deal with Dish

Analysts ask: What's the deal with Dish? AT&T saw growth in all three of its areas of focus during the second quarter: Wireless, fiber and HBO Max, but it was the newly announced wholesale deal with Dish Network that drew analysts' attention during the company's...

Verizon: 5G adoption is up, 20% of customers have 5G-capable phones

Verizon raised its financial expectations for the rest of the year, based on momentum in 5G adoption and wireless service revenue growth as customers step-up to more expensive plans. The carrier said that 20% of its customer base now has 5G phones in-hand. Verizon also...

AT&T: Nationwide 5G coming in second quarter

AT&T says FirstNet coverage is more than 75% complete AT&T touted its progress on meeting various financial objectives which it had laid out for itself in 2019, but 2020 may be trickier still to navigate: the launch of a new streaming service in which it...

Wearables bolster Verizon’s net adds

Wearables boost net adds, IoT revenues up 13% YOY for Verizon Verizon reported net losses in mobile phones and tablets running on its network during the first quarter, but those numbers were more than offset by growth in other types of connected devices...

EMEA: Vodafone posts first quarterly growth in three years

Vodafone, the world's second-largest carrier, reported revenue gains on May 18 for the fourth quarter of its fiscal year ending March 31, 2015 – the first such growth in almost three years. The Britian-based multinational telecom group posted quarterly service revenue of $14.87 billion up...

JDSU reports results, moves toward company split

In its first quarterly call since announcing that the company will split into two, JDSU reported revenue up about 1% year-over-year, while it narrowed its losses and exceeded its guidance. JDSU had revenue of $433.6 million, with profits of $33 million on a non-GAAP basis and a net...