financial results

MasOrange said its revenues in the first half of the year amounted to 3.06 billion euros, almost flat year-on-year MasOrange, Spain’s largest mobile operator as a result of the merger between local carriers Orange Spain and Masmovil, says that it …

Jio noted that 5G accounted for 28% of all wireless data carried on its network Indian company Jio Platforms ended fiscal Q4, ending March 31, with 108 million subscribers in the 5G segment. Jio noted that 5G accounted for 28% …

In April, America Movil had reached 125 cities across Mexico with its 5G network Mexican telecoms group America Movil ended the second quarter of the year with a total of 12.8 million subscribers in Mexico, according to the carrier’s earnings …

Rakuten Mobile aims to reach 8-10 million mobile subscribers by the end of 2024 Japanese operator Rakuten Mobile, which is part of e-commerce giant Rakuten Group, has reached over 6.8 million subscribers as of the end of March, the carrier …

LG Uplus said its overall mobile user base climbed 27.8% y-o-y to 26.26 million in Q1 Korean operator LG Uplus ended the first quarter of 2024 with 7.19 million 5G subscribers, up 13.2% year-on-year, according to the company’s latest earnings …

During the first quarter of 2023, SK Telecom added nearly 530,000 5G subscribers SK Telecom, South Korea’s largest telecom operator, ended the first quarter of the year with a total of 15.93 million subscribers in the 5G segment, up 12.6% …

ZTE said its net profits amounted to CNY2.74 billion in Q1, representing an increase of 3.7% year-on-year Chinese vendor ZTE announced revenues of CNY30.58 billion ($4.22 billion) for the first quarter of 2024, surging 4.9% year-on-year. Meanwhile, the vendor’s net …

China Mobile ended the first quarter with 488 million 5G subscribers China Mobile, the world’s largest operator in terms of subscribers, recorded operating revenues of CNY263.7 billion ($36.4 billion) in the first quarter of the year, an increase of 5.2% …

Jio also said its 5G FWA offering is already available in nearly 5,900 towns and cities in India Indian carrier Reliance Jio Infocomm has rolled out its 5G network across India, with over 108 million subscribers in the country, the …

Huawei reported net profits of CNY87 billion in 2023, up 144.5% year-on-year Chinese vendor Huawei reported total revenues of CNY704.2 billion ($99.1 billion) in 2023. In a release, the vendor also reported net profits of CNY87 billion in 2023, up …

China Mobile reported a net addition of 138 million 5G subscribers during 2023 China Mobile, the world’s largest operator in terms of subscribers, ended last year with a total of 465 million 5G subscribers, up 42.1% year-on-year, the carrier said …

ZTE recently launched a set of 5G-Advanced products at MWC 2024 Chinese vendor ZTE said it has recorded an operating revenue of CNY 124.2 billion ($17.27 billion) during 2023. In a release, the company said its net profit amounted to …

Virgin Media O2 said its total mobile base grew to 44.9 million in full year 2023 U.K. telco Virgin Media O2 said its 5G network reached a coverage of 50% of the country’s population as of the end of 2023, …

LG Uplus said it added 980,000 5G subscribers during 2023 Korean operator LG Uplus ended the fourth quarter of 2023 with 7.04 million 5G subscribers, up 16.2% year-on-year, according to the company’s latest earnings statement. The telco added a total …

During the fourth quarter of the year, SK Telecom added nearly 524,000 5G subscribers SK Telecom, South Korea’s largest telecom operator, ended Q4 2023 year with a total of 15.67 million subscribers in the 5G segment, up 17% from 13.4 …

Huawei reported its revenues in 2023 would expand by nearly 9% year-on-year Chinese vendor Huawei Technologies expects to report revenue exceeding CNY 700 billion ($98.5 billion) for 2023, according to comments from the company’s rotating CEO Ken Hu in an …

Rakuten Mobile said it attracted 192,000 new mobile customers only in October Japanese operator Rakuten Mobile expects to reach 8-10 million mobile subscribers by the end of 2024, the telco said in its earnings statement. The telco added a total …

SK Telecom added nearly 400,000 5G subscribers during Q3 SK Telecom, South Korea’s largest telecom operator, ended the third quarter of the year with a total of 15.15 million subscribers in the 5G segment, up 21.5% from 12.5 million in …

American Tower Corporation ended Q3 2023 with a portfolio of approximately 225,000 communications sites American Tower Corporation (ATC) reported overall revenues of $2.82 billion for the third quarter of 2023, climbing 5.5% year-on-year, the company said in its earnings statement. …

Huawei generated revenues of CNY456.6 billion ($62.5 billion) in the first three quarters of the year Chinese vendor Huawei generated revenues of CNY456.6 billion ($62.5 billion) in the first three quarters of the year, climbing 2.4% year-on-year. “The company’s performance …

ZTE said that tet cash flows from operating activities totaled CNY 9.26 billion in the period Chinese vendor ZTE said it has recorded an operating revenue of CNY 89.39 billion ($12.22 billion) for the first three quarters of the year. …

ZTE said its net profits in H1 climbed 19.9% year-on-year Chinese vendor ZTE announced total revenues of CNY 60.70 billion ($8.32 billion) for the first half of 2023, representing an increase of 1.5% compared to the year-ago period. In its …

China Mobile reported a net addition of 130 million 5G subscribers during the first half of 2023 China Mobile, the world’s largest operator in terms of subscribers, ended the first half of the year with a total of 393 million …

Huawei said its net profit margin was 15% during the period, up from 5% in H1 2022 Chinese vendor Huawei recorded revenues of CNY310.9 billion ($43.1 billion) in the first half of the year, an increase of 3.1% compared to …

China Tower said its net profit in the first half of the year climbed 14.6% year-on-year to $674 million China Tower ended the first half of 2023 with a total of 2.06 million towers under management, after a net addition …