Telecom-Stocks.com

Undervalued Telecom / IoT / Software stocks Report & Resources

Apple quarterly revenues up 17%, led by services growth

(Telecompaper) Apple reported revenues of USD 53.3 billion for its fiscal third quarter to June, up 17 percent from a year earlier and near the top of its guidance. The company’s net profit jumped to USD 11.5 billion from USD 8.7 billion over the same period. Source: Industry News (syndicated from Telecompaper.com)

Huawei improves margins as H1 sales grow 15%

(Telecompaper) Huawei announced revenues of CNY 325.7 billion for the first half of 2017, up 15 percent from the year-earlier period. The company’s operating margin reached 14 percent, up from 11 percent reported for H1 2017.  Source: Industry News (syndicated from Telecompaper.com)

Sony profits up on Spotify gain, mobile losses widen

(Telecompaper) Sony more than doubled its net profit in the fiscal first quarter to June, helped by the sale of its shares Spotify and a strong performance in Playstation sales. Net profit rose to JPY 174.8 billion, including a JPY 112.8 billion net gain from the Spotify sale, from JPY 62.70 billion in the year-earlier period. Net sales rose 5 percent to JPY 1.954 trillion, and adjusted operating profit improved 61 percent to JPY 195

Samsung Q2 revenues fall on weaker-than-expected demand for S9

(Telecompaper) Samsung reported second-quarter results in line with guidance but lower year-on-year and quarter-on-quarter. The company was especially hit by weaker-than-expected sales for its Galaxy S9, which it tried to compensate with higher marketing expenses. Samsung said conditions are likely to remain tough for the second half, as customers look for higher specifications on the one hand and cheaper prices on the other. In order to respond to these desires, the company will for the

T-Mobile US, Nokia ink new 5G agreement worth USD 3.5 bln

(Telecompaper) T-Mobile US has signed a new, multi-year, deal with Nokia worth USD 3.5 billion, to push the nationwide deployment of 5G. Under the contract, Nokia will provide T-Mobile with its complete end-to-end 5G technology, software and services portfolio and help build the operator’s nationwide 5G network with 600 MHz and 28 GHz millimeter wave 5G capabilities compliant with 3GPP 5G New Radio (NR) standards. Nokia’s portfolio includes commercial AirScale radio platforms and cloud-native core,

Last week in telecoms: Q2 earnings and Spanish 5G auction drive up share prices

(Telecompaper) Last week’s earnings reports were generally well received. Our European telecoms index rose 2.4 percent, versus a gain of 1.9 percent for the EuroStoxx 50 index. Other than that, 5G ruled the headlines, with Spain concluding an auction at not too high prices. Source: Industry News (syndicated from Telecompaper.com)

New York State revokes approval of Time Warner merger deal, saying Charter violated terms

(Telecompaper) After making threats it would do so, the New York State Public Service Commission has done it: told Charter Communications it is revoking its approval of the 2016 merger Time Warner Cable, saying the company has failed to live up to the coverage conditions of the deal. The Commission said it is also seeking additional penalties for Charter’s past failures and ongoing non-compliance. The order is only for New York State, and not for

Twitter lifts profit, revenues but loses users in Q2

(Telecompaper) Following a strong start to the year, Twitter delivered another set of solid results for the second quarter, with revenues rising 24 percent from the year earlier to USD 711 million. Including the discontinued TellApart platform, revenues went up 27 percent. Advertising made up the bulk of revenue, jumping 23 percent to USD 601 million, with total ad engagements leaping 81 percent and cost per engagement falling 32 percent. Data licensing and other revenue

Top