UK operator EE said it signed up 318,000 LTE customers during its first five months of offering the service, but the company still reported a decline both in its overall subscriber base and service revenue in the first quarter of the year.
Nordic operator TeliaSonera reported weaker profits in the first quarter of 2013 as a result of price pressures and falling revenue from voice services, with data revenue still failing to compensate for this decline.
France Telecom (FT) said its 2012 profits were heavily impacted by the ongoing price war in its domestic market and writedowns totalling €1.84 billion on some of its units.
Vodafone's third-quarter service revenues fell 2.6 per cent, hit by poor results from across northern Europe and a slowdown in previously robust emerging markets.
Ericsson surprised analysts by reporting fourth-quarter sales figures above estimates helped by North American orders rising sharply to €1.97 billion the fourth quarter, a 51 per cent increase. overall net sales grew 5 per cent year-over-year to €7.77 billion.
Electronic Arts' mobile games and services, including handhelds, generated approximately $100 million in revenue during its third fiscal quarter ending Dec. 31, an 18 percent year-over-year increase that helped the firm offset ongoing declines in its console business.
The days of Apple's smartphone dominance seem truly challenged--a move that should be welcomed by the cellular industry that loathes the constricting baggage that comes with this level of market leverage.
Nokia surprised analysts by announcing plans to axe its annual dividend payment in an effort to bolster its cash reserves. The company reported underlying profits in its fourth quarter--its first profitable quarter in a year--and unexpectedly boosted its net cash by €796 million to around €4.36 billion.
Battle-scarred Telekom Austria has warned that revenue will fall this year for the fifth year in a row, but the incumbent fixed and mobile operator declined to give a forecast for earnings this year against the background of a fiercely competitive market.
While many of Vodafone's rivals can only in their wildest dreams wish for a "Verizon Wireless problem," the UK-based company does seem to bumble its way forward, albeit in a unspectacular and hazy manner.