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Verizon Q2 revenues fall 5% on drop in wireless, advertising

2020-07-24 16:00:00| Telecompaper Headlines

(Telecompaper) Verizon reported a small increase in second-quarter net earnings, despite lower revenues, and said it still expects roughly flat earnings in the full year. Sales at the US operator were down 5.1 percent to USD 30.4 billion in Q2, hurt by lower handset sales due to store closures during the coronavirus outbreak as well as reduced usage and roaming by customers. The company said wireless service revenues fell 2.7 percent year-on-year to USD 13.1 billion and forecast a figure flat to 1 percent lower in Q3.

Tags: advertising fall wireless drop

5G will unlock the potential of Fixed Wireless Access

2020-07-02 02:00:00| Total Telecom industry news

“Fixed wireless access has had a chequered past, so the question is: will that continue, or have we now got a successful formula that makes both economic, commercial, and practical sense?” asks Prof William Webb of Webb Search, introducing Total Telecom’s latest fascinating webinar. FWA has long been an interesting prospect for operators…read more on TotalTele.com »

Tags: access potential fixed wireless

NTT, NEC partner on optical, wireless products, NTT acquires NEC shares

2020-06-26 08:28:00| Telecompaper Headlines

(Telecompaper) NTT and NEC have agreed to form a capital and business alliance for the purpose of joint research and development and the global rollout of ICT products based on optical and wireless technologies. The Japanese companies aims to expand product sales by applying jointly developed technologies through this alliance.

Tags: products partner wireless shares