Telecoms.com

EE sale props up $3.5bn profits at Orange

Orange has released financials for the first half of 2016 where the team reported profits of $3.48 billion, largely due to the $12.5 billion sale of EE to BT, which was completed in late January.

• 26 Jul 2016

Sprint gains 173,000 postpaid connections, but reports loss of $302m

Sprint has released its quarterly figures which demonstrated healthy gains in the postpaid business, up 173,000 connections, but did post a $302 million loss for the period.

• 25 Jul 2016

Huawei posts 40% revenue growth for H1 as smartphone biz gathers momentum

Huawei has released financials for the first half of 2016 demonstrating a 40% revenue boost to $37 billion, partly owing to a healthy performance in the consumer business unit.

• 25 Jul 2016

AT&T posts 23% revenue growth but TV subscribers drop by 49k

AT&T has reported a year-on-year revenue hike of 23% to $40.5 billion, largely due to the integration of DirecTV, however there was a net-loss of 49,000 TV subscribers across the quarter.

• 22 Jul 2016

Data centres fuel Intel growth despite PC decline

Intel has reported 3% growth, including a 5% boost in its data centre business, though the client computing unit continues its slow decline.

• 21 Jul 2016

Microsoft continues cloud transformation with 100% Azure growth

Microsoft has reported 5% revenue growth to $22.6 billion as the Intelligent Cloud business unit led the charge, with the Azure cloud offering more than doubling in revenues and compute usage.

• 20 Jul 2016

TalkTalk talks up Business business

TalkTalk delivered mixed news at its end of year financial report as the fixed operator continues to recover from last year’s hefty cyber attack, claiming impressive growth in its Business business.

• 12 May 2016

Nokia speeds up cost-cutting after “disappointing” Q1 sales

Nokia has reported a growth in operating profit for Q1 2016 despite a drop in sales and revenue for the quarter, and will be accelerating its cost-cutting plans following the Alcatel-Lucent acquisition.

• 10 May 2016

BT announces network spending spree to ease Openreach pressure

BT has announced a major new investment plan to boost broadband speed and availability across the country and consequently stave off regulatory pressure over Openreach.

• 05 May 2016

Sprint to trial 5G over millimetre wave in June

Sprint has announced it will be trialling 5G millimetre wave technology at the Copa America football tournament this June.

• 04 May 2016

T-Mobile US adds 2.2m customers and raises 2016 expectations

T-Mobile US has announced an impressive range of Q1 2016 results including subscriber gain, revenue growth, churn reduction and an improved forecast for the rest of the year.

• 27 Apr 2016

Operator investment demonstrates growing drone momentum

Two major global operators are among the backers of a drone-based data analytics firm, which recently received $18million in venture capital funding.

• 22 Apr 2016

Verizon targets IoT and mobile video growth

Giant US operator Verizon reported Q1 2016 numbers broadly in line with analyst consensus, although revenues fell a bit short, pushing its shares down 3% at time of writing.

• 21 Apr 2016

Intel cutting 12,000 jobs from PC and mobile to refocus on IoT and the cloud

US chip giant Intel has announced it will be cutting 11% of its workforce – 12,000 employees – over the next year to enable a shift away from client computing and towards IoT and the cloud.

• 20 Apr 2016

Verizon lining up $8bn Yahoo bid – reports

Verizon is lining up a bid to acquire Yahoo’s web business next week, according to reports.

• 08 Apr 2016

Galaxy S7 success pushes Samsung profits up 10%

Samsung is expecting a 10% rise in operating profit as it released preliminary financial results for Q1 2016.

• 07 Apr 2016

Carrier networking sales drive 23% ZTE revenue growth

ZTE has posted a 23% revenue growth for its full-year 2015 results, pointing to growth in its international consumer business and carrier networking gear.

• 06 Apr 2016

Nokia planning 3,100 job cuts following ALU integration

Nokia has announced it will be reducing its workforce to cater for the Alcatel-Lucent integration and future market challenges or trends.

• 06 Apr 2016

Huawei smartphone growth fuels 33% profit boom

Huawei has posted year-end results showing impressive 33% YoY profit growth across the entire group, fuelled by the rise of its consumer devices business.

• 01 Apr 2016

TIM finalises Telecom Argentina sale, pledges €12bn network investment

In a protracted M&A saga, Telecom Italia (TIM) has completed the sale of its stake in Telecom Argentina parent company Sofora to investment firm Fintech, while also pledging nearly €12bn to network investment initiatives.

• 09 Mar 2016