Tag:
Earnings
Latest Headlines
Latest Headlines
Telstra: profit up in '09, but 2010 will be tough
Telstra appeared to buck the financial odds as it reported its 2009 fiscal year net profit was $3.5 billion, an increase of 10.3 percent from $3.1 billion in its fiscal 2008. The service provider's
Part 2 Interview- Fran Shammo, President of Verizon Business
Fierce Telecom: You mentioned IBM and integrators. What advantage does Verizon have over those companies? Shammo: They are a competitor to us. As I like to say, I think I have a strategic strength.
Qwest says it won't sell long-haul network
Qwest Communications today seemed to silence speculation about the possible sale of its long-distance network by issuing a statement confirming that it will not sell the network. The company said the
More job loss coming for BT?
U.K. telco giant BT is scheduled to report its full-year 2008 financial results this week, and The Times Online reports that some analysts expect the company may need to reduce its workforce by at
Cisco sees profit, revenue drop
Cisco Systems reported its fiscal third quarter earnings, which included a further drop in both net income and revenue, down 24 percent and 17 percent respectively. Net income was $1.3 billion, down
TDS earnings slip, faces sale pressure
Independent telco holding firm Telephone & Data Systems, otherwise known as the owner of U.S. Cellular, is again facing pressure from investor Southeastern Asset Management, this time to either
Global Crossing reports net loss
Global Crossing posted a $59 million net loss for the first quarter, which actually showed improvement over the $72 million net loss for the same period last year. Company officials also said that
TWC subscriber gains looking strong
Time Warner Cable posted first-quarter earnings that weren't great on a purely financial level, but the company did report gains in digital cable TV, telephony and broadband customers that belied
Qwest profit surges 37 percent
Despite a 6.6 percent decline in revenue mostly driven by accelerated landline losses, Qwest Communication posted a first-quarter net income jump of about 37 percent to $206 million. The overall
Level 3 back to earth with net loss, revenue drop
One quarter after recording its first quarterly profit in six years, Level 3 Communications was back in the red for the first quarter of 2009, posting a net loss of $132 million on $980 million in

