WASHINGTON, May 1- U.S. telecom industry groups, alongside AT&T Inc and CenturyLink Inc, called for regulators to block parts of new rules for Internet service providers on Friday, citing "crushing" compliance costs and threats to investment. The request, expected to be rejected by the FCC, is a prelude to a building court battle over the rules, which put the agency...» Read More
Toca Boca makes digital toys. CEO, Bjorn Jeffery says that what sets it apart is making digital toys rather than games and steering away from competition and gender-based products.
Nokia saw profits in its core networks business drop 61 percent in the first quarter sending shares lower by as much as 10 percent.
Niq Lai, CFO of the Hong Kong Broadband Network (HKBN), is pleased with the rise in residential broadband and enterprise broadband subscriptions for the six months ended February.
MOSCOW, April 29- Russia's second-biggest mobile phone operator Megafon confirmed guidance for flat revenues in 2015 although sales fell in the first quarter, hit by weaker demand for handsets and a one-off gain a year ago. Citing a challenging economy, Megafon also decided to split its payment of dividends with the larger part of the planned 40 billion rouble...
BRIDGEWATER, N.J. _ Synchronoss Technologies Inc. on Wednesday reported first-quarter earnings of $10.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Synchronoss shares have increased 17 percent since the beginning of the year.
MOSCOW, April 29- Russia's second-biggest mobile phone operator Megafon said on Wednesday its first-quarter net profit rose 2.4 percent, year-on-year, to 7.4 billion roubles, boosted by income from cash deposits. Revenue decreased 1.2 percent to around 74 billion roubles and operating income before depreciation and amortisation fell 1.7 percent to 32...
SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half what they were a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year...
SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half from a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year earlier.
April 28- T-Mobile US Inc reported first quarter results that slightly beat expectations as investments to increase subscribers led to an addition of 1.8 million net customers and users defected to other networks at a lower rate. T-mobile shares were up 2.2 percent in afternoon trade at $34.81 on the New York Stock Exchange, soaring over 29 percent year to date.
John Legere, T-Mobile's CEO, said this is why he believes the company resonates with millennials.
The FCC received the first request to delay net neutrality. An architect said the rules threaten his business.
Daniel Ives, managing director at FBR Capital Markets, discusses the growth in iPhone sales, saying Apple scored a "home run", with bigger screens "selling like hot cakes" in places like China.
April 28- T-Mobile US Inc reported first quarter results that slightly beat expectations as the wireless company added 1.8 million net customers and users defected to other networks at a lower rate. The fourth-largest wireless carrier in the United States has turned around years of subscriber losses with aggressive campaigns and discounts in recent...
April 28- T-Mobile US Inc reported better-than-expected first quarter results as the wireless company added 1.8 million net customers and fewer users defected to other networks. The company reported a first-quarter loss of 9 cents per share, versus a loss of 19 cents a year earlier. T-mobile shares were relatively unchanged in pre-market trading after...
BELLEVUE, Wash. _ T-Mobile US Inc. on Tuesday reported a loss of $63 million in its first quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share. Ten analysts surveyed by Zacks expected $7.7 billion.
Itai Tsiddon, co-founder of Lightricks, explains why the company's app is performing so well on the iTunes store.
Reach: 40 states and the District of Columbia. Annual Revenue: $132.4 billion for the total company, including the wireless carrier business. Annual Revenue: $12.7 billion from FiOS services; total company $127.1 billion.
Comcast's Roberts said Friday the media giant had made good case for its proposed acquisition of Time Warner Cable, but now it's "time to move on."
Comcast on Friday called off its proposed $45 billion acquisition of Time Warner Cable and its prior agreement with Charter Communications.
Comcast could drop its bid for Time Warner Cable as soon as Friday, a source told CNBC.
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