From Adtran to Zayo: Tracking wireline telecom earnings in Q4 2015

telecom earnings Q4 2015The fourth-quarter 2015 earnings reporting season has begun, and FierceTelecom is tracking how key players in the wireline telecom industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.

Also, our colleagues at FierceWireless are tracking the fourth-quarter results of the major players in the wireless industry, as is FierceCable for the cable industry.

Finally, don't forget to look at our reports from Q3 2015, Q2 2015, Q1 2015, Q4 2014, Q3 2014, and Q2 2014.

Jan. 19

Adtran 
Adtran reported that fourth-quarter company sales were $139 million, down year-over-year from $143 million in the fourth quarter of 2014. But the company says it will see a rise in cable operator and telco spending on 1 Gbps and related broadband networks in upcoming quarters.
- see this article
- see the earnings release
- more Adtran news

Jan. 21

Verizon
Verizon is now offering 50 Mbps as its default speed tier at a time when overall new subscriber growth is leveling off as it penetrates its existing markets.
- see this article
- see the earnings release
- hear the earnings call (reg req.)
- more Verizon news

Jan. 26

AT&T 
The carrier's consolidated fourth quarter revenues were $42.1 billion, up more than 22 percent versus the year-earlier period largely due to the acquisition of DirecTV. In comparison to results for the fourth quarter of 2014, operating expenses were $34.6 billion versus $39.9 billion; operating income was $7.5 billion versus $5.5 billion.
- see our coverage
- and the earnings release
- more AT&T news 

Jan. 27

Juniper Networks
Juniper reported that net revenues rose 20 percent year-over-year to $1.3 billion, surpassing its own outlook. The vendor reported that net income was $197.8 million, consistent with the third quarter, and increased compared to a $798.6 million net loss in the prior fiscal year, even when adjusted for the $850 million non-cash goodwill impairment charge taken in the fourth quarter of 2014.
- see our coverage
- and the earnings release
- more Juniper news

Feb. 4

Bell Canada
Bell Canada is on track with its fiber-based broadband expansion plans, with plans to reach nearly 3 million locations by the end of the year. CEO George Pope said that the provider will continue to aggressively build out a mix of FTTH and fiber-to-the-node as part of its broader broadband expansion plan.
- see our coverage
- more BCE news

Level 3 Communications
Level 3 reported that CNS revenue grew 6 percent year-over-year to $1.94 billion from $1.89 billion. Within the mix, it saw mixed results, with $529 million in wholesale revenues down from $537 million, while Enterprise rose 6 percent to $1.4 billion.
- see our coverage
- and the earnings release
- more Level 3 news

Feb. 9

Calix
From an overall financial perspective, the picture was less rosy as Calix reported $105 million in fourth quarter 2015 revenues, down 6 percent year-over-year from the same period a year ago. The company's net loss was $9.5 million, or 19 cents per basic and diluted share, compared to a net loss of $3 million, or 6 cents per basic and diluted share, for the fourth quarter of 2014.
- see our coverage
- and the earnings release
- more Calix news

Feb. 10

CenturyLink (NYSE: CTL)
From an overall financial perspective, CenturyLink reported core revenues of about $4 billion in the fourth quarter 2015. Operating revenues were $4.48 billion, up slightly from $4.44 billion year-over-year due to the increase in revenues from CAF-II support during fourth quarter 2015, along with strength in high-bandwidth data services and consumer strategic revenues.
- see our coverage
- and the earnings release
- more CenturyLink news

Feb. 11

Infinera
Infinera's revenue was $260 million, up from $232.5 million in the third quarter of 2015 and $186.3 million in the fourth quarter of 2014. On a per-share basis, Infinera said it had net income of 8 cents. Infinera says it continues to see robust demand for optical products from customers focused on building out new 100G long-haul capabilities, despite operating in a market segment where growth is starting to slow.
- see our coverage
- see the earnings release
- more Infinera news

Feb. 14

Zayo Group
Zayo continues to see its fiber network builds throughout the United States and Europe pay off as a number of new customer wins drove fiscal second quarter gross installs to $6.4 million and net installs to a near-record $2.2 million.
- see our coverage
- and the earnings release
- more Zayo news

Feb. 18

Cincinnati Bell 
Fioptics continued to be a large part of Cincinnati Bell's revenue base, rising 34 percent year-over-year to $54 million for the quarter and $191 million for the year. But the service provider said that in 2017 it will start winding down its network build as it reaches greater penetration in its wireline market.
- see our coverage
- and the earnings release
- more Cincinnati Bell news 

EarthLink
Business revenues were not exactly rosy for EarthLink as the segment declined 8.3 percent year-over-year to $206.9 million. For the full year, total business services revenue was $877.9 million during the full year 2015, a decline of 5.7 percent from the full year 2014.
- see our coverage
- and the earnings release
- more EarthLink news

Feb. 19

TDS Telecom
Broadband growth continued in the fourth quarter for TDS, rising 6 percent year-over-year to end the period with a total of 117,100 total subscribers. IPTV continues to be a key element in the wireline portfolio, ending the fourth quarter with presence 27 markets covering 23 percent of its services addresses. However, overall video subscribers declined 3 percent to 106,800.
- see our coverage
- and the earnings release
- more TDS news

Feb. 23

Frontier Communications
Frontier Communications saw a 1 percent revenue decline in the fourth quarter of 2015 to $1.41 billion, as well as a 1 percent decrease in customer revenue to $1.207 million due to continued declines in residential voice and video subscriptions.
- see our coverage
- see the earnings release
- more Frontier news

Feb. 25

Consolidated Communications
Consolidated Communications is maintaining its focus on broadband and business services as well as its expansion of metro Ethernet services and new fiber to the tower (FTTT) sites. But revenue increases from these initiatives during the company's fourth quarter may have been dragged down somewhat by continuing declines in voice services and network access revenues as well as subsidies.
- see our coverage
- see the earnings release 
- more Consolidated news

Feb. 26

Windstream
Windstream's decision to segment its business services into three areas-- SMB, enterprise and carrier-- appeared to pay off in the fourth quarter of 2015 as it reported that enterprise revenue climbed 4.6 percent year over year to $498 million, while its carrier services saw a sequential rise of $2 million to $171 million.
- see our coverage
- see the release
- more Windstream news

Shenandoah Telecom
Shentel continues to find gold in selling wholesale fiber services to enterprise and carrier customers in its serving area, a trend that continued into the fourth quarter as total sales for the year rose 22 percent to $22 million. The service provider saw gains in new external fiber lease contracts with $12 million in wireline and $10 million and cable fiber sales.
- see our coverage
- and the earnings release
- more Shentel news

March 2

FairPoint Communications
In the business market, Ethernet continued to be the star performer, contributing $24.8 million or 11.8 percent of total revenue, up from $21.8 million or 10 percent of total revenue a year ago.
- see our full coverage
- see the earnings release
- more FairPoint news

March 3 

Ciena
Ciena is clearly on the right path to respond to its customers' migration to software-based networking environments, a trend that helped it narrow its losses to $11.5 million in its fiscal first quarter 2016 results, but its outlook is giving investors heartburn.
- see our coverage
- and the earnings release
- more Ciena news

March 7

Lumos Networks
Lumos reported that total fourth quarter 2015 revenue was $51.9 million, up more than 2 percent from the same period a year ago. Total adjusted EBITDA reached approximately $24.6 million, up more than 9 percent from the prior year period.
- see our coverage
- and the earnings release
- more Lumos news

March 8

Hawaiian Telcom
While Hawaiian Telcom is seeing more of its wholesale wireless operator customers transition to fiber-based backhaul, it is cutting into its near-term revenues. In the fourth-quarter, wholesale revenues were $14.1 million, compared to $14.7 million in fourth quarter 2014.
- see our coverage
- and the earnings release
- more Hawaiian Telcom news

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From Adtran to Zayo: Tracking wireline telecom earnings in Q4 2015