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T-Mobile US raises outlook again after solid Q2

2017-07-20 08:36:00| Telecompaper Headlines

(Telecompaper) T-Mobile US raised its outlook for annual EBITDA and subscriber growth after reporting another quarter of strong results. The mobile operator now expects adjusted EBITDA of USD 10.5-10.9 billion in 2017, up from a previous estimate of USD 10.4-10.8 billion, and to add 3.0-3.6 million postpaid subscribers, more than the earlier outlook of 2.8-3.5 million.

Tags: solid outlook raises q2

Category:Telecommunications

Qualcomm results fall as Apple withholds royalties

2017-07-20 08:23:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported lower results for its fiscal third quarter to June, hurt by its dispute over licensing payments from Apple. Revenues fell 11 percent year-on-year to USD 5.4 billion, and net profit was down 40 percent to USD 0.9 billion or 58 cents a share. The results are in line with the chipmaker's reduced guidance, issued in late April after Apple's contract manufacturers stopped paying royalties. The lack of information from these customers meant Qualcomm did report figures on device shipments for the quarter.

Tags: results fall apple royalties

Category:Telecommunications

Crown Castle confirms USD 7.1 billion takeover of Lightower

2017-07-19 09:07:00| Telecompaper Headlines

(Telecompaper) US towers operator Crown Castle confirmed the acquisition of fibre network operator Lightower for USD 7.1 billion. The price agreed with Lightower's owners Berkshire Partners, Pamlico Capital and other investors is worth around 13.5x the expected adjusted EBITDA contribution from Lightower in the first year of ownership. Lightower owns or has rights to 32,000 route miles of fibre in the Northeast US, including major metro areas such as Boston, New York and Philadelphia. The acquisition adds to a string of takeovers by Crown Castle in recent months to boost its backhaul network and will give the company a total 60,000 route miles of fibre at closing.

Tags: usd billion crown castle

Category:Telecommunications

Woessner returns to Deutsche Telekom to head German business

2017-07-19 08:47:00| Telecompaper Headlines

(Telecompaper) Niek Jan van Damme, head of Germany at Deutsche Telekom (DT), is leaving the company a year early at the end of 2017 and will be replaced by former DT executive Dirk Woessner, currently president of consumer business at Rogers Communications in Canada, with effect from 1 January 2018.

Tags: business head returns german

Category:Telecommunications

Samsung launches Bixby voice capabilities in US

2017-07-19 08:43:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has launched voice commands for its digital assistant Bixby in the US. The voice features were delayed for more testing after Samsung originally planned to launch the service with the Galaxy S8 smartphones in March. Galaxy S8 and S8+ owners in the US can now use the Bixby software to control their phone and apps.

Tags: us voice samsung capabilities

Category:Telecommunications

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