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T-Mobile Revenue Up
May 6, 2016 by admin
Filed under Smartphones
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T-Mobile US Inc reported a better-than-expected 10.6 percent rise in quarterly revenue and raised its forecast for customer additions in 2016 as popular discounts aided the No.3 U.S. wireless carrier by subscribers attract more business.
T-Mobile has been offering cheaper leasing plans and free music and video streaming to lure customers away from larger rivals Verizon Communications Inc and AT&T Inc.
T-Mobile, controlled by Deutsche Telekom, said it added 2.2 million customers on a net basis in the first quarter ended March 31.
That easily topped the average analyst estimate of 1.72 million, according to research firm FactSet StreetAccount.
The company said it expected to add 3.2 million to 3.6 million postpaid customers on a net basis in 2016, compared with its previous forecast of 2.4 million to 3.4 million.
T-Mobile’s 10.6 percent jump in quarterly revenue to $8.6 billion suggested its strategy to boost revenue was working. Analysts on average had expected revenue of $8.43 billion, according to Thomson Reuters I/B/E/S.
In comparison, market leader Verizon’s operating revenue rose just 0.6 percent to $32.17 billion.
AT&T is scheduled to report results later on Tuesday.
T-Mobile reported net income of $479 million, or 56 cents per share, for the first quarter, compared with a loss of $63 million, or 9 cents per share, a year earlier.
Source-http://www.thegurureview.net/mobile-category/t-mobile-revenue-up-continues-attracting-new-customers.html
Verizon Emerged As Favorite Bidder For Yahoo
April 26, 2016 by admin
Filed under Network Services
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Verizon Communications Inc is the clear favorite in the fast approaching bid for Yahoo Inc’s core Internet business, according to Wall Street analysts, in large part because the telecommunications company’s efforts to become a force in Internet content have gone relatively well under the leadership of AOL Inc Chief Executive Tim Armstrong.
Verizon acquired AOL last June for $4.4 billion – its first big foray into the advertising-supported Internet business – and it is not yet clear how well the unit is performing financially. Subsequent moves, including the takeover of much of Microsoft Corp’s advertising technology business, a deal to buy Millennial Media for about $250 million and the recent launch of the mobile video service go90, are also too recent to assess.
Yet analysts have given the big phone company high marks for allowing AOL to operate independently and folding in other recent acquisitions without much drama. And they said Armstrong seems to be driving Verizon’s recent moves in go90 and recent acquisitions.
“The management puts a lot of faith in Armstrong,” BTIG analyst Walt Piecyk said.
That faith derives in part from the belief that Armstrong did a good job at left-for-dead AOL, especially in assembling a strong set of products to deliver targeted digital ads to customers.
Combining AOL and Yahoo, an idea that has come up many times over the years, could instantly make Yahoo a major player in Internet advertising, with Armstrong – one of the world’s top ad executives – at the helm, analysts said.
Armstrong “has good M&A experience, and a pretty solid ad tech stack,” B. Riley & Co analyst Sameet Sinha said.
Verizon’s hands-off approach that has worked with AOL, though, might not be suitable if the far-bigger Yahoo were taken over. With Yahoo’s struggling business, “the luxury of autonomy is simply not there,” Recon Analytics analyst Roger Entner said.
Verizon, AOL and Yahoo declined to comment.
Source- http://www.thegurureview.net/aroundnet-category/verizon-emerges-as-favorite-bidder-for-yahoo.html
Is The US & UK Lacking In Broadband?
December 11, 2013 by admin
Filed under Around The Net
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The US and UK are stragglers when it comes to consumer broadband download speeds and appear far down in table rankings.
This puts the countries, swaggering authoritarian surveillance monsters that they are, rather low down on the satisfaction scale.
The ranking produced by Ookla is based on results from Speedtest servers, and is called the Net Index.
“Based on millions of recent test results from Speedtest.net, this index compares and ranks consumer download speeds around the globe,” is the explanation.
“The value is the rolling mean throughput in Mbps over the past 30 days where the mean distance between the client and the server is less than 300 miles.”
Hong Kong takes pole position and it is credited as having download speeds in the area of 71.03 Mbps. There is a big drop of around 20 Mbps down to Singapore in second place with 52.85 Mbps and third is Romania, where speeds are 50.82 Mbps.
You have to look a long way down the list before arriving at the UK, which is in 25th place. Here, or there depending on where you live, consumers get a rather meagre sounding 23.55 Mbps.
The United States weighs in at 31st place and has download speeds of 20.77 Mbps. This puts it below the UK, Germany, Estonia, Hungary, Greece and 25 others.
Closer to home the European Commission has published its report on Broadband Coverage in Europe (2012) and reveals progress on broadband coverage targets. It found that while broadband has improved, it could be faster.
ISPs Close Internet Gap
Broadband speeds on average are within 80 percent of what major Internet service providers advertise, an appreciable increase from two years ago, according to a government study.
The Federal Communications Commission studied cable, DSL and fiber-to-the-home services at 13 top U.S. broadband providers.
The FCC found Verizon Communications Inc’s fiber network was best at meeting or exceeding advertised maximum download speeds, while Cablevision Systems Corp came in last place.
Overall, the numbers were a big boost from 2009, when data indicated download speeds were often about half of Internet service providers’ (ISP) maximum advertised speeds.
“Most major ISPs are providing service close to what they’re advertising. This represents a significant improvement over the findings from two years ago when we first shined a light on this issue,” FCC Chairman Julius Genachowski said, unveiling the study’s findings at a Best Buy Co store in the District of Columbia.
During peak consumer usage hours when networks are busiest, actual download speeds varied from 114 percent to 54 percent of advertised speed among the different ISPs, the FCC said.
The complete findings of the report, its raw data and an FCC-prepared guide for consumers will be made available online. The FCC says the data will help consumers decide which Internet speed, service and provider best meet their needs.
“This report pretty well dispels the myth … that there’s a huge gap between advertised and actual speeds, and in fact we do pretty well here in the United States,” said Richard Bennett, a senior fellow at the Information Technology and Innovation Foundation.
Not everyone was impressed with the study’s findings.