CenturyLink, Level 3, On Path to Merge, Report Smaller Profit
CenturyLink reported $163 million in Q1 profit compared to $236 million for the year ago quarter, while its total operating revenues were $4.2 billion compared to $4.4 billion.
CenturyLink reported $163 million in Q1 profit compared to $236 million for the year ago quarter, while its total operating revenues were $4.2 billion compared to $4.4 billion.
AT&T’s first-quarter revenues from business customers totaled $16.8 billion, down 4.3 percent, due to declines in legacy wireline services and fewer wireless equipment upgrades.
CenturyLink’s business segment revenues were $2.55 billion in the fourth quarter, down 4.1 percent from the year ago quarter, primarily due to a decline in legacy revenues, which was partially offset by 3 percent growth in high-bandwidth data revenues.
Level 3’s North America enterprise core network services (CNS) revenue increased 3 percent during the fourth quarter compared to the year-ago quarter, while global enterprise CNS revenue was up 2 percent.
Revenue from strategic business services grew by $226 million, or 8.3 percent, compared to the year-ago quarter.
IoT revenue looks to be a bright spot, with a large opportunity for partners looming.
Growth in mobility and strategic business services offset declines in legacy services and a continuing low-growth economy.
Enterprise service revenue was $491 million, up 3 percent from the year-ago quarter. Data and integrated services revenues were up 5.6 percent.
Second-quarter profit was $196 million, compared to $143 million in the year ago quarter, exceeding analysts’ expectations.
North America enterprise CNS revenue grew almost 6 percent year over year.
.@abbyy_usa has hired Rusty James as the new head of partner business for North America. goo.gl/fb/FvZ6f3
December 13 2018 @ 16:01:55 UTC
Ring out the old year with a look ahead to the new! Register for our Predictionpalooza '19 webinar, happening next… twitter.com/i/web/status/1…
December 13 2018 @ 15:50:05 UTC
Don't get on #Santa's naughty list. This @SungardAS #cartoon showcases the importance of high-availability systems. goo.gl/fb/VAm6uv
December 13 2018 @ 15:21:05 UTC
.@breynoldsTBI of @TBImasteragent shares great tips for selling to the next-gen buyer. #CPEvolution goo.gl/fb/npF2Yb
December 13 2018 @ 14:45:59 UTC
Watch @jldelozier3's keynote from #CPEvolution for tips on improving #customerexperience. @8x8 goo.gl/fb/HafWqr
December 12 2018 @ 22:54:11 UTC
Great stuff on the future of #5G in this #CPEvolution keynote video from @ATTBusiness' @RealMrBoyo. goo.gl/fb/m2CbMx
December 12 2018 @ 22:54:11 UTC
.@Vonage hired a new director of strategic partners. goo.gl/fb/BuUyCf
December 12 2018 @ 21:48:59 UTC
.@KORE_Wireless acquires @MVNE to expand #IoT capabilities. goo.gl/fb/4G9MR1
December 12 2018 @ 18:50:50 UTC
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