Adtran and CommScope Q1 2024 revenues were down 30% compared to last year Both companies predict things will improve, but they’re noncommittal on exact timing Both companies are reducing expenses this year to the tune of at least $90 million...
In the first quarter, Altice USA’s fiber expansion continued to stand out from declining broadband figures The company is also “optimistic about the trajectory” of its mobile business Total revenue fell 1.9% year on year to $2.3 billion In the face of declining...
AWS sales jumped double digits to $25 billion in Q1 2024 Amazon CEO Andy Jassy said most cloud cost optimization programs have wound down and companies are investing in GenAI AWS earnings contributed to a 21% increase in Q1 revenue...
Huawei’s profits improved dramatically in 2023 While Huawei saw its revenues and profits increase, Ericsson and Nokia did not Huawei is still the biggest global telecom vendor in terms of revenue Huawei had a good 2023 based on its Annual Report,...