ZTE Corporation announced its financial results for the first half of 2024, reporting revenue of RMB 62.49 billion (approximately USD 8.63 billion), a 2.9% increase year-on-year, and a net profit...
Telstra reported FY24 financial results, revealing a mixed performance across its business segments, with total income rising by 1.0% to $23.5 billion. The company’s mobile division remained a standout performer,...
SK Telecom (SKT) announced its financial results for the second quarter of 2024, with revenue reaching KRW 4.4224 trillion (approximately $3.36 billion), operating income of KRW 537.5 billion (approximately $408...
Bharti Global has agreed to acquire a 24.5% stake in BT Group from Altice UK, marking a significant investment in the UK telecoms giant. The acquisition will be executed in...
Sivers Semiconductors AB confirmed plans to merge its subsidiary, Sivers Photonics Ltd, with byNordic Acquisition Corporation, a special purpose acquisition company (SPAC) listed on Nasdaq. The non-binding letter of intent...
Lumen Technologies announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI, alongside reporting its second-quarter 2024 financial results. Lumen said large...
The UK Competition and Markets Authority has cleared the pending acquisition of Juniper Networks by Hewlett Packard Enterprise Company. The US$14 billion deal was first announced on 09-January-2024. The EU...
Deutsche Telekom continues to demonstrate robust financial performance, posting significant gains for the second quarter of 2024. Service revenues rose by 4.9% year-on-year to €24.1 billion, while adjusted EBITDA AL...
On July 30th, AMD reported a revenue of $5.8 billion, marking a 9% year-over-year increase. The company’s gross margin was 49%, with an operating income of $269 million and a...
Telefónica has released its financial results for the first half of 2024, showcasing solid revenue growth, improved profitability, and significant progress on strategic initiatives. The telecommunications giant reported a net...
Cloudflare reported strong financial results for its second quarter ending June 30, 2024. The company achieved an annualized revenue milestone of $1.6 billion, marking a 30% year-over-year increase. CEO Matthew...
Amazon.com reported Q2 net sales of $148.0 billion, marking a 10% increase compared to $134.4 billion in the second quarter of 2023. This growth includes a $1.0 billion unfavorable impact...
During Verizon’s Q2 earnings conference call, key technology trends were highlighted, particularly focusing on the C-band spectrum and fiber deployments. Verizon’s CEO Hans Vestberg and CFO Tony Skiadas provided insights...
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