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Netflix adds record 10 mln new customers in Q2, misses profit guidance

2020-07-17 09:17:00| Telecompaper Headlines

(Telecompaper) The company added 10.1 million new subscribers in the second quarter, a sharp rise from the year before's 2.7 million, boosted by people staying at home due to lockdown measures amid the coronavirus pandemic. The increase brings the number of additions for the first half to 26 million from 12 million year-on-year, a leap the company says will likely start slowing down in the second half of the year as people get through the initial shock of covid-19 and accompanying social restrictions. Net adds for the third quarter are seen at 2.5 million, against 6.8 million the year before, as the earlier sharp rise pulls forward some demand. 

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Netflix adds nearly 16 mln new customers in Q1, double its forecast

2020-04-22 08:32:00| Telecompaper Headlines

(Telecompaper) Netflix added 15.77 million new subscribers in the first quarter, more than double the 7 million forecast by the company as more people forced to stay at home due to the coronavirus outbreak turned to the streaming service. Netflix said it expects to return to more normal growth of 7.5 million net additions in the second quarter. 

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T-Mobile opens up network to Sprint customers, adds mid-band spectrum to boost 5G coverage

2020-04-21 17:21:00| Telecompaper Headlines

(Telecompaper) T-Mobile US is getting started with the integration of Sprint, after closing the acquisition at the start of this month. The company announced the deployment of Sprint's 2.5 GHz spectrum already on its network, helping expand its 5G coverage. The T-Mobile network also will be opened up to Sprint customers for roaming. 

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T-Mobile US adds 1.3 mln postpaid customers in Q4, beating FY guidance

2020-01-07 08:52:00| Telecompaper Headlines

(Telecompaper) T-Mobile US added a net 1.9 million new customers in the fourth quarter, taking its total base to 86 million at year-end. The new additions included 1.3 million new postpaid customers, helping the company beat its full-year guidance with a total 4.5 million postpaid subscribers added in 2019. 

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Sunrise sees 52% jump in net income, adds 41,400 mobile postpaid customers in Q3

2019-11-13 09:36:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise said that its service revenues, excluding hubbing and hardware, rose by 2 percent to CHF 393 million in the third quarter of this year thanks to mobile postpaid, internet, TV and B2B revenue growth.

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