All of the Tier-1 carriers have reported third-quarter earnings and at least one analyst like what he saw in T-Mobile. Even as shares of the Un-Carrier were trading down 7 percent since its third-quarter report, Oppenheimer’s Tim Horan said investors should put their money behind T-Mobile’s growth story. Horan said called T-Mobile’s results a “solid overall […]
Apple Beats on Profits, Sells 48M iPhones
Apple on Tuesday reported its fiscal fourth-quarter earnings, beating analyst expectations for earnings per share (EPS) and falling in line on iPhone sales. Apple recorded revenue of $51.5 billion and a quarterly net profit of $11.1 billion, or $1.96 per diluted share. That compares to revenue of $42.1 billion and net profit of $8.5 billion, or […]
T-Mobile Down on 3Q, Un-Carrier ‘X’ Slated for Nov. 10
T-mobile was off a just under 5 percent in early trading Tuesday, as the company’s profits fell off sequentially. The Un-Carrier chalked up $138 million in net income, or $0.15 earnings per share (EPS), on $7.8 billion in total revenues. That’s up from a $94 million loss in the third quarter last year, but down […]
AT&T 3Q Churn Ticks Up as Consolidated Profits Beat Street
Shares of AT&T spiked 2 percent in after-hours trading Thursday as the company’s third-quarter earnings beat analyst expectations in its first quarterly report since acquiring DirecTV. Overall, AT&T marked down $39.1 billion in consolidated revenues, even as DirecTV’s earnings didn’t count towards AT&T’s numbers until July 25th. In an afternoon earnings call, CFO John Stephens […]
AT&T Warns Against ‘Inflated’ 3Q Consensus
Shares of AT&T slid lower in afternoon trading as the company warned that analyst consensus for its third-quarter earnings are inflated. As AT&T prepares to report after market close Thursday, Seeking Alpha reports that the company told Dow Jones that a Capital IQ consensus of $40.39 billion in revenue is unrealistic. AT&T says that the […]
Liberty Global’s Nair: Mobile, Wi-Fi Key Going Forward
NEW ORLEANS – If you thought maybe cable and fiber deployments were slowing, you’d be sorely mistaken. SCTE’s annual Cable-Tec Expo kicked off Wednesday and there were plenty of industry executives on hand offering their insights on the future. Tony Werner, executive vice president and CTO at Comcast Cable, said he sees a “fascinating […]
SCTE Taps Comcast’s Schanz as 2016 Expo Chair
SCTE Wednesday announced that John Schanz, executive vice president and Chief Network Officer at Comcast, will serve as program committee chairman for SCTE Cable-Tec Expo 2016 when the show returns to Philadelphia. Schanz succeeds Balan Nair, executive vice president and CTO of Liberty Global, as program committee chair. Schanz and Nair are co-chairs of SCTE’s […]
Broadband Forum Releases New Specification for Broadband Deployments
The Broadband Forum is hoping a new specification will help service providers more easily deploy broadband to homes and businesses. At its quarterly meeting in Porto, Portugal, the Forum agreed on a new specification that it says gives service providers the opportunity to architect a fiber-rich future offering faster broadband speeds via copper enhancing G.fast […]
Comcast Accepting Applications for Pair of New Hispanic American Networks
Comcast Cable today announced the company is accepting proposals for two substantially Hispanic American owned, independent English-language networks that it will launch in select markets by January 28, 2017. Today’s announcement is part of Comcast’s commitment to launch 10 independently owned and operated networks as part of a series of public interest commitments made by […]
Hyundai, Broadcom collaborate on in-car ethernet
Broadcom today announced a joint initiative with auto manufacturer Hyundai to create a new in-car infotainment system that will be built around Broadcom’s Ethernet technology. The companies say the solution will make advanced safety and entertainment options cheaper and available in more cars. According to a press release, the system will allow the companies […]