Comcast Q1 backed by more wireless, Peacock customers, but hurt by broadband losses
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2h ago
(Telecompaper) Comcast reported flat to higher results for its first quarter, buoyed by new movie releases and streaming service Peacock, though higher expenses ..read more
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Swisscom fined CHF 18 mln for hindering fibre network access
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5h ago
(Telecompaper) The Swiss Competition Commission has fined Swisscom CHF 18 million for changing its network construction strategy, hindering competitors' access to the fibre network and thus violating antitrust law ..read more
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Telia Q1 adjusted EBITDA rises 3% as service revenue grows over 1%, sees turnaround progress in TV & Media
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6h ago
(Telecompaper) Telia Company is leaving its outlook for 2024 unchanged after a 2 percent drop in reported revenue and a 3 percent improvement in adjusted EBITDA in the first quarter ..read more
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Meta to accelerate AI investment after more than doubling Q1 profit
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7h ago
(Telecompaper) Meta reported a strong start to 2024, with first-quarter revenues up 27 percent year-on-year and net profit more than doubling ..read more
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TikTok suspends rewards programme on Lite app after EU threatens ban
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7h ago
(Telecompaper) TikTok has agreed to suspend the rewards scheme on its TikTok Lite app and not roll out the app further, after the EU threatened to ban the app for potential negative effects on children and others ..read more
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Rogers keeps FY guidance after Q1 boosted by Shaw acquisition, efficiencies
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7h ago
(Telecompaper) Rogers Communications reiterated its guidance for 2024 after delivering mainly higher results for the first quarter and achieving CAD 1 billion ..read more
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Rogers inks deal to launch Comcast Xfinity products in Canada
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9h ago
(Telecompaper) Rogers Communications said it has signed a 10-year agreement with Comcast to bring the US cable operator's Xfinity and other services to Canada ..read more
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Nokia says Buy America line card production underway at contracted US facility
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9h ago
(Telecompaper) Nokia's fibre-optic equipment has entered production at the US manufacturing facility owned by its outsourcing partner Sanmina ..read more
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India's Jio Platforms quarterly revenue jumps more than 13%, profit up 12%
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1d ago
(Telecompaper) India's Jio Platforms posted revenue of INR 338.3 billion for the quarter ended 31 March 2024, which represents an increase of 13.3 percent year-on-year ..read more
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AT&T reiterates FY guidance after stable Q1
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1d ago
(Telecompaper) AT&T reiterated its guidance for full-year 2024 after reporting Q1 results almost unchanged from the year before ..read more
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