Ciena reported on Thursday fiscal Q4 2012 revenues of $465.5 million, up from $455.5 million in fiscal Q4 2011.
With the third quarter 2012 earnings season now complete, FierceTelecom is taking a look back at the results of the top 10 ILECs. How did telcos like AT&T, Verizon, and Hawaiian Telcom perform along key lines including traditional voice, broadband, and business services?
Alcatel-Lucent on Friday reportedly began a process to secure funding from Goldman Sachs in a move to bolster its unsteady financial position.
Cisco reported on Tuesday that fiscal Q1 revenue rose 5.5 percent to $11.9 billion, slightly exceeding analysts' projections of $11.8 billion.
Suddenlink's focus on deploying advanced video products such as the TiVo Premiere DVR helped it grow its video subscriber base by 200 customers during the third quarter, with the MSO ending the period with 1,233,300 subscribers.
TELUS reported on Friday that its external wireline revenues rose 3.9 percent to CAD1.27 billion (USD1.27 billion) year-over-year due to an uptick in data service and equipment revenues.
Revenues at the recently rebranded and relisted WVT Communications rose 3 percent to $7.1 million, up from $6.8 million in Q3 2011.
MTS Allstream reported on Thursday that net Q3 2012 earnings were CAD40.8 million (USD40.8 million) year-over-year for the three months ended Sept. 30, 2012, up from CAD37.0 million (USD36.9 million) from the same period a year ago.
Increases in license fees Walt Disney Co. collects from ESPN helped it generate $1.4 billion in operating income from its cable networks during its fiscal fourth quarter, but the company said ad sales at the top sports network were flat.
HickoryTech reported on Thursday that Q3 revenue rose 1 percent year-over-year to $45.8 million due to ongoing gains in its fiber and data business segment.