T-Mobile Touts More Big Subscriber Gains, But Loses $94 Million

T-Mobile announced its addition of 1.4 million postpaid subscribers in the third quarter and now projects it will add a total of up to 4.7 million subscribers this year, however these subscribers come at a cost, according to The Wall Street Journal.

iPhone 6, Low Churn to Drive AT&T’s Q3 Numbers

AT&T CSO John Stankey said he anticipates that churn numbers will be low despite the increasing competition for customers among the big four wireless carriers. He also predicted a big finish to the quarter as Apple’s new iPhones go on sale on Friday.

Ericsson Profits Plunge 71% Amid Poor Sales

The recession and Chinese competition took their toll on Ericsson for the quarter: The No. 1 global wireless infrastructure vendor reported a big 71 percent third-quarter profit loss, surprising analysts. Shares skidded for the company on the news that net income fell to $118 million, falling 6.2 percent on the Stockholm stock exchange in Sweden. […]

AT&T Posts Record Wireless Quarter, But Profits Dip

AT&T Inc. beat Wall Street expectations in its third-quarter earnings, with strong wireless, U-verse and business-IP results largely offsetting a continued drain in its legacy businesses. Overall, profit declined 1.2 percent. AT&T posted earnings of $3.2 billion, down from $3.23 billion a year earlier. Revenue was up slightly from the last quarter but dropped year-over-year […]

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