Global mobile data revenue will surpass those for voice telecoms by 2018, fueled by the “mobile data explosion,” wireless industry association GSMA predicted in a report released February 25 during the Mobile World Congress in Barcelona, Spain. Surging demand for…
Clearwire reported its 2Q09 results August 11. The major proponent of WiMAX broadband wireless networks in the US recorded a 9% year-over-year increase in revenue to $63.6 million from $58.6 million, driven by an 11% increase in subscribers. ARPU held…
Windstream reported net income of $91 million ($0.21 per share diluted) for 2Q09, down 11% from $102 million ($0.27 per share diluted) year-over-year. Total revenue of $714.5 million represents a 5.9% year-over-year (y/y) decrease from $753 million. Operating income fell…
Wireline telecommunications provider Otelco Inc. reported 2Q09 total revenue of $25.8 million, 46%, or $8.128 million, higher than its year-ago total $17.7 million. Net income totaled $406,135 ($0.18 per share diluted) as compared to a net loss of $716,250 (-$0.06…
SureWest reported net income down 95.4% to $959,000 for 2Q 2009 as compared to $20.9 million a year ago, a quarter in which the company recorded a $19 million profit on the sale of wireless assets. Free cash flow rose…
Middletown, New York based Mediacom, the nation’s eighth-largest MSO, reported 2Q09 revenue of $364.5 million, 6% above its year-ago level. Among the 2Q highlights noted by management: video revenues increased 2.8%, primarily due to digital customer growth and, to a…
CenturyTel , now called CenturyLink as a result of their July 2009 merger with EMBARQ, reported 2Q09 GAAP net income of $69.8 million and $83.3 million excluding non-recurring items (down 8.6%) as compared to $91.2 million and $92.2 million, respectively,…
Consolidated Communications Holdings Inc. today reported 2Q 2009 total revenue of $102 million as compared to $106.4 million (down 1.4%), net cash from operations of $28.6 million and a dividend payout ratio of 53.3%. Declines in Local Calling Services, Long…
NTELOS Holdings Corp. yesterday reported consolidated operating revenues of $140 million and $280.7 million for 2Q and the first half of 2009, up 7% and 6.7% on a year-to-year basis, respectively. Net income for 2Q came in at $17.336 million,…
Cincinnati Bell reported 2Q09 diluted earnings per share of $0.11 — 18% above 2Q 2008 — with net income rising 3% to $26 million. At $328 million, revenue was down 7% year-to-year. Focused on improving value to shareholders, management paid…
Shenandoah Telecommunications’ net income dropped 15% year-over-year to $6.8 million on revenue 11% higher at $40.1 million, the company reported last week. A growing PCS subscriber base–up 9% year-to-year–average billing per PCS subscriber and the contribution of newly acquired cable…
Stamford, Connecticut-based Frontier Communications reported 2Q 2009 net income of $27.9 million and operating income of $136.6 million on revenue of $532.1 million, 5.4% lower than a year ago. The regional carrier’s 2Q net income per share was down 47%…
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