Financials

Pure Storage (NYSE: PSTG) reported financial results for the second quarter of fiscal year 2025, which ended on August 4, 2024. The company achieved a revenue of $763.8 million, marking...

Qualcomm has announced a definitive agreement to acquire the 4G IoT technologies of Sequans Communications S.A., a leading provider of cellular semiconductor solutions for the Internet of Things (IoT). This...

Keysight Technologies reported a strong performance in the third quarter of fiscal year 2024, with revenue reaching $1.2 billion, surpassing expectations despite a challenging market environment. The Communications Solutions Group...

Ericsson  announced a strategic divestment of its U.S. subsidiary, iconectiv, to Koch Equity Development. Acquired by Ericsson in 2012 through the Telcordia acquisition, iconectiv specializes in network number portability and...

Following Cisco Systems' release of its financial results on August 14th, key observations from the subsequent market analyst call provide insight into the company’s performance, strategic shifts, and future outlook....

ZTE Corporation announced its financial results for the first half of 2024, reporting revenue of RMB 62.49 billion (approximately USD 8.63 billion), a 2.9% increase year-on-year, and a net profit...

Telstra reported FY24 financial results, revealing a mixed performance across its business segments, with total income rising by 1.0% to $23.5 billion. The company’s mobile division remained a standout performer,...

SK Telecom (SKT) announced its financial results for the second quarter of 2024, with revenue reaching KRW 4.4224 trillion (approximately $3.36 billion), operating income of KRW 537.5 billion (approximately $408...

Bharti Global has agreed to acquire a 24.5% stake in BT Group from Altice UK, marking a significant investment in the UK telecoms giant. The acquisition will be executed in...

Sivers Semiconductors AB confirmed plans to merge its subsidiary, Sivers Photonics Ltd, with byNordic Acquisition Corporation, a special purpose acquisition company (SPAC) listed on Nasdaq. The non-binding letter of intent...

Lumen Technologies announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI, alongside reporting its second-quarter 2024 financial results. Lumen said large...

Deutsche Telekom continues to demonstrate robust financial performance, posting significant gains for the second quarter of 2024. Service revenues rose by 4.9% year-on-year to €24.1 billion, while adjusted EBITDA AL...

The UK Competition and Markets Authority has cleared the pending acquisition of Juniper Networks by Hewlett Packard Enterprise Company. The US$14 billion deal was first announced on 09-January-2024. The EU...