Verizon Communications reported first-quarter 2024 results with strong wireless service revenue, solid cash flow, adjusted EBITDA expansion and fixed wireless subscriber base growth.
Telecom Operators
T-Mobile Completes USD 290 Million 5G Network Upgrade in Louisiana
Louisiana Governor Jeff Landry and T-Mobile announced the completion of a multi-year 5G network investment totaling more than USD 290 million across the state, including a USD 50 million network upgrade in the Greater New Orleans area.
Megacable Dominates 9 Pay TV Markets
The Mexican telecommunications regulator, Instituto Federal de Telecomunicaciones (IFT), placed specific obligations on Megacable after declaring it as dominant player in nine Mexican markets.
América Móvil Will Invest $7.1 US Billion in Fiber, 5G and Data Centers
The investment of América Móvil during 2024 will be $7.1 US billion with a focus on fiber networks, 5G technology and data centers, announced Daniel Hajj, CEO of the company.
Arelion Launches Global 5G Standalone Roaming Solution
Arelion announced a partnership with BroadForward to launch Arelion's new 5G Standalone Roaming solution. Building on Arelion's renowned global 3G and 4G roaming services, this development will enable Arelion's customers to enhance their global roaming capabilities with the full benefits of 5G technology.
China Mobile Expands Global Business in Hong Kong With Two New Companies
The opening ceremony of China Mobile (Hong Kong) Innovation Research Institute Co., Limited and China Mobile Hong Kong Treasury Company Limited was successfully held in Hong Kong. More than 150 representatives from the Legislative Council of HKSAR, academia, financial and business sectors were invited to attend the ceremony to witness the establishment of China Mobile's two new companies.
Argentine’s Operators Obtain Pricing Freedom
Cellular service operators, internet and Pay TV Argentine companies are free to set the prices it charges to its end users.
Mexico’s Telcel 5G Network Covers More Than 125 Mexican Cities
Telcel, a subsidiary of América Móvil, deployed their 5G network in more than 125 Mexican cities, which reaches over more than 10 million users in the country.
WOM Files for Bankruptcy, Blames it On Delayed 5G Rollout
Chilean telco WOM filed for Chapter 11 bankruptcy protection in Delaware, according to documents dated April 1, as per news reports.
73 Million AT&T Customer Records Compromised in Data Leak
Another massive data breach has impacted a major telecommunications provider in the US. AT&T passcodes have reportedly been compromised, putting the personal data of 73 million customers at risk.