Latest Telecommunications News
Shenandoah Telecom: Q1 Earnings Snapshot
EDINBURG, Va. (AP) — EDINBURG, Va. (AP) — Shenandoah Telecommunications Co. (SHEN) on Friday reported earnings of $214.7 million in its first quarter. The Edinburg, Virginia-based company said it had profit of $4.21 per share. Losses, adjusted to account for discontinued...
Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported a smaller-than-expected profit and a double-digit fall in sales in the first quarter due to a market weakened by a lack of clients investing in 5G technology. The Espoo, Finland-based company...
Huawei’s profit more than doubles in 2023, sales up 9.6% as cloud and digital businesses grow
HONG KONG (AP) — Chinese telecoms gear company Huawei Technologies has reported its profit more than doubled last year as its cloud and digital businesses thrived in spite of U.S. sanctions. The Shenzhen-based company reported a net profit of 87 billion yuan ($12 billion), helped...
