Sprint acquisition surges revenues at Deutsche Telekom
With Sprint now bolstering operations at T-Mobile US, the transatlantic business unit now accounts for 63% of total revenues at the German telecoms operator.
With Sprint now bolstering operations at T-Mobile US, the transatlantic business unit now accounts for 63% of total revenues at the German telecoms operator.
T-Mobile has stated it is now targeting Verizon’s crown with AT&T in the rear-view mirror, but the subscriber statistics don’t necessarily support the boasting.
3 Europe’s parent company CK Hutchison has stated lower subscriber numbers in the UK and Italy is the cause of revenue decline in the European business, not the coronavirus pandemic.
Disney’s streaming service and media networks held together the spreadsheets as COVID-19 ravaged the company’s financial results.
Activision Blizzard is the latest company to report healthy financial growth through the coronavirus period as revenues jump 38%.
It could have certainly been worse, but it is impossible to avoid the lost revenues due to the coronavirus pandemic.
Gaming has been one of the segments poised to profit from societal lockdown, and 20% year-on-year growth at Electronic Arts certainly qualifies.
At a time where the influence of the internet giants is being challenged by the US Government, the champions of Silicon Valley have navigated turbulent times very prosperously.
Nokia CEO Rajeev Suri has boasted of improvements to the radio portfolio, as the team bumps up full-year guidance.
BT has reported its financial results for the three-month period to June 30, with the revenues taking a 7% decline due to the impact of the coronavirus.
Qualcomm has warned 2020 financials might be impacted by a customer delaying a flagship launch, suggesting Apple might be facing some issues of its own.
Most telecoms operators would have felt the pinch of the coronavirus pandemic, but it appears Telefonica is wearing bigger bruises than the majority.
Verizon has reported its financials for the second quarter with revenues declining 5%, a $4.9 billion reduction in debt offered some positivity to proceedings.
COVID-19 has been a difficult time to many companies, and Twitter has failed to buck the trend as the contraction of online advertising dollars shrinks the spreadsheets.
If there was ever such a thing as a sure bet, Microsoft benefitting from the COVID-19 enforced lockdown period is as close as you could get.
Telecoms infrastructure giant Cellnex has reported a revenue jump of 48% following an aggressive acquisition spree over the latter stages of 2019 and early 2020.
Taiwan Semiconductor Manufacturing Company (TSMC) has reported year-on-year revenue growth of 28% while also confirming it will no longer supply chips to Huawei after September 14.
Xiaomi has reported revenue and profit rises through to March 31, but let’s not forget this does not include the period of extensive lockdowns in European markets.
With its main smartphone manufacturing sites situated in Wuhan, Lenovo has been hit hard by COVID-19, spoiling what would have otherwise been a very productive year.
Telecom Italia (TIM) has released its latest financial results, revealing painful battle scars as European nations continue to fight the coronavirus pandemic.
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