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Verizon Forms JV with Hearst to Develop Digital Video Programming Targeting Millennials

The largest mobile operator in the US, Verizon has formed a joint venture(JV) with Hearst to develop digital video programming…

Telefonica's Net Profit Fell 8.5% in 2015 from One Off Restructuring Costs

Telefonica group, Europe's second biggest Operator announced that its net profit increased 30% higher year-on-year, reaching 5,787 million euros for…

Verizon to Acquire XO Communications’ Fiber Business in a $1.8B Deal

Verizon Communications has signed an agreement to purchase XO Communications' (XO) fiber-optic network business for approximately $1.8 billion from Carl …

Telstra Increased Capex by 20% to $2.1bn for the Last Six Months

In the announcement of its financial results this week, Telstra said that it has increased its capital expenditure by 20…

Globe Telecom Allots $750M Capex for 2016

Globe Telecom posted consolidated service revenues of P113.7 billion, 15% higher than the P99.0 billion reported a year ago, supported…

Telenor Group Reported USD$248 million Loss in Q4

Telenor group reported a loss after tax of $2.12 billion Norwegian kroner(USD$248 million) in the last quarter of 2015 mainly…

Singtel Group's Net Profit Slid 2% to SG$954 in Q3, Customers Opt for Higher-Tier Plans

Singtel recorded slowing growth with net profit contracting by 2% to SG$954 million, down by SG$16 million from the year…

BT Posts its Best Quarterly Revenue Growth in 7 Years; to Retain EE Brand

BT posted a strong set of quarterly results, recording 24% increase in pre-tax profits to £862m in the three months…

TeliaSonera Plans $1.75B Capex This Year, with Accelerated Fiber Roll Out in Sweden

Swedish telecom operator TeliaSonera on Friday reported fourth-quarter core earnings that saw the company posting higher EBITDA of 6.56 billion…