Dish says it’s confident its 5G network will cover a fifth of the US by the middle of next month, even though it launched just this Wednesday and is available in one city. Better known for its satellite TV services, Dish made the rosy forecast on Friday in its first-quarter earnings report. The prediction was …
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At nearly 15 years old, Apple’s iPhone remains one of the most popular consumer products of all time. During the holidays, the device helped Apple ring up record revenues and profits. And even now, with war overseas and nagging inflation at home, Apple’s fortunes are still largely tied to the its phones. The good news: People still keep buying them. For …
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The tech industry has wiggled its way into all our lives, making essential tools for life in the modern age. Still, the smartphone industry continued its recent shipment declines, according to data from IDC, falling to 314.1 million units shipped worldwide. That’s a 9% drop from the same time last year and 3.5% lower than even analysts had expected. There’s …
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Two years ago, Apple was one of the first companies to warn that the COVID-19 pandemic was impacting global manufacturing. Now the tech giant may offer the first signs that things are improving. Apple will announce its earnings for its second fiscal quarter after market close Thursday. Usually, Apple executives who discuss the results with analysts on a public conference …
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T-Mobile’s first quarter of 2022 proved to be a good one, as the wireless carrier revealed it had increases in postpaid, prepaid and home internet subscribers. In earnings announced Wednesday morning, T-Mobile revealed that it had added over 1.3 million postpaid customers in the period, of which 589,000 were postpaid phone users. Postpaid users, who pay their bills at the …
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Spotify added 2 million new subscribers in the first quarter to hit 182 million paying members at the end of March, the music streaming service said Wednesday. Spotify also said 422 million people used its service at least once a month, which includes people who listen free with advertising. That’s up 19% from a year earlier. The increase in subscribers was slightly shy …
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A day after AT&T reported earnings for its first quarter, Jeff McElfresh, CEO of communications, has been named the carrier’s chief operating officer. In 2019, McElfresh, who had been working on 5G initiatives, assumed the role of CEO of communications. McElfresh was named COO in an internal message, as Fierce Wireless first reported and AT&T confirmed to CNET. Several other executives …
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Verizon is feeling the competitive heat. The nation’s largest wireless carrier suffered a decline in the first quarter and warned that its earnings growth would be at the lower end of its previous expectations. Verizon lost 292,000 consumer postpaid phone subscriptions, the metric used by the industry as an indicator of success. In a Friday press release on its earnings for the …
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AT&T’s decision to step away from Hollywood and focus on its core telecom business is paying off. The Dallas-based company reported first-quarter results that saw slight gains subscriber counts across its phone and internet services amid a decline in profit and revenue, the aftermath of finally splitting off WarnerMedia and other video services. AT&T added 691,000 net new postpaid phone …
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Netflix lost 200,000 subscribers in the first quarter of this year — its first subscriber drop in a decade — and expects to lose 2 million more in the three months from April to June, the company said Tuesday. In its first-quarter earnings report, Netflix said Russia’s war in Ukraine and subsequent sanctions affected membership numbers. It also cited password-sharing …
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