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Verizon reports 603K postpaid mobile adds in Q3

2017-10-19 02:00:00| Total Telecom industry news

Verizon added a net 603,000 retail postpaid connections at its mobile business in the third quarter of the year, driving revenue and earnings growth, but like arch-rival AT&T, the operator is also losing traditional video customers to online offerings. The U.S. telco saw operating revenues in the three months to the end of September grow by 2…read more on TotalTele.com »

Tags: mobile reports adds verizon

 

OGX, Neutrogena Help Fuel J&Js Consumer Sales in Q3

2017-10-17 13:29:00| Happi Breaking News

Unit's records a 2.9% increase

Tags: sales consumer fuel q3

 
 

Samsung CEO Kwon Oh-hyun resigns amid strong guidance for Q3

2017-10-13 08:57:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics has announced the resignation of CEO Oh-Hyun Kwon, in charge of Samsung Display and the company's Device Solutions Business. Kwon said he will not seek re-election as a member of the board of directors and chairman of the board when his term ends in March of next year.

Tags: strong samsung ceo guidance

 

AT&T warns for decline in video subscribers during Q3

2017-10-12 19:32:00| Telecompaper Headlines

(Telecompaper) AT&T expects nearly 300,000 DirecTV Now net adds, though total US video subscribers will fall by about 90,000. AT& said the video net losses were driven by heightened competition in the traditional pay-TV markets and OTT services, and hurt by the recent hurricanes and stricter credit standards. The decline of traditional video subscribers negatively hit Entertainment Group revenues and margins, which means the adjusted operating profit margin will be essentially flat year-on-year.

Tags: video att decline subscribers

 

AT&T warns of earnings hit, video customer losses in Q3

2017-10-12 02:00:00| Total Telecom industry news

Natural disasters across its operating footprint will impact on AT&T's revenues and earnings in the third quarter of this year, the U.S. telco warned on Wednesday, adding that it will also report hefty video customer losses, in part due to the recent hurricanes and also as a result of market competition…read more on TotalTele.com »

Tags: video customer hit att

 

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