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Verizon boosted revenues and added 1.2 million new subscribers in Q4 2107
2018-01-24 01:00:00| Total Telecom industry news
Verizon posted its Q4 2017 financial report yesterday, narrowly missing analysts' predictions for investor returns, but beating estimates for revenue. Verizon achieved Earnings Per Share (EPS) of $0.86 per share, just short of the $0.88 per share predicted by Thompson Reuters…read more on TotalTele.com »
Tags: added
million
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Netflix reaps benefits from original content, with record results in Q4
2018-01-23 08:58:00| Telecompaper Headlines
(Telecompaper) Netflix added 8.33 million streaming subscribers in the fourth quarter, with 1.98 million coming from the US and 6.36 million from outside. The total number of subscribers went to 117 million, from almost 94 million year-on-year, including 62.8 million outside of the US.
Tags: content
results
original
record
Netflix looks at new partnerships with ISPs as profits boom in Q4 2017
2018-01-23 01:00:00| Total Telecom industry news
Online streaming giant NetFlix posted a very strong financial report on Monday, as the firm revealed a 32.6% year-on-year jump in revenues to $3.286 billion. The company's shares jumped by 8% this week, after it revealed that it had added more than 8.3 million new subscribers across the globe. 6.36 million of these new subscribers were from international markets…read more on TotalTele.com »
Tags: partnerships
profits
boom
q4
Ericsson plans SEK 14.2 billion in impairment charges in Q4
2018-01-16 09:54:00| Telecompaper Headlines
(Telecompaper) Ericsson announced it will take a total of SEK 14.2 billion in impairment charges in its Q4 2017 results. In addition to writing down the value of old assets, the company will take a charge for the corporate tax reform in the US. The one-time items are expected to leave the company deep in the red for 2017.
Tags: plans
charges
billion
ericsson
Ericsson to write down $1.8 billion in Q4 2017
2018-01-16 01:00:00| Total Telecom industry news
Ericsson has announced that it will write down $1.8 billion (SEK14.2 billion) as it prepares to release its whole year figures for 2017. The write down will be booked in the fourth quarter of 2017…read more on TotalTele.com »
Tags: write
billion
ericsson
q4
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