Wireline in the first quarter of 2011

First quarter 2011 telecom earningsHow did the wireline industry perform in the first quarter of 2011? Check here throughout the first quarter earnings report season for full earnings reports from the wireline industry's service providers and network equipment manufacturers.

Also, don't forget to check out our first quarter 2010, second quarter 2010, third quarter 2010, and fourth quarter 2010 wrap-up pages. And take a look at all related Q4 2010 earnings news, as well as our ongoing coverage of Q1 2011 wireline earnings.

April 13
ADTRAN (Nasdaq: ADTN)
Buoyed by ongoing growth in its broadband, internetworking and optical segments, ADTRAN (Nasdaq: ADTN) posted another quarter of growth in Q1 2011 with $166 million in sales, up from $127 million in Q1 2010.
- see this article
- and the earnings release
- more ADTRAN news

April 19
Juniper (NYSE: JNPR)
Juniper continued its ongoing revenue drive in Q1 with results that met analyst expectations, but uncertainty over the Japan earthquake and the debut of its new Ethernet product line could have an effect on Q2 earnings.
- see this article
- and the earnings release
- more Juniper news

April 20
AT&T
(NYSE: T)
AT&T's remedy to ongoing landline losses with IP broadband and business services continued to pay off in the first quarter of 2011 with earnings of $3.4 billion, or 57 cents a share, meeting Wall Street's expectations. Revenues, meanwhile, rose 2.3 percent to $31.25 billion. Analysts forecasted $31.26 billion for the quarter. From a wireline standpoint, AT&T earnings fell slightly in Q1. During the quarter it reported $1.7 billion in consolidated wireline revenues, down slightly from the $1.9 billion in the first quarter of 2010 and $2.0 billion in the fourth quarter of 2010.
- see this article
- and the earnings release
- more AT&T news

April 21
Verizon
(NYSE: VZ)
During Q1 2011, Verizon reported wireline revenues of $10.15 billion, down 2.2 percent from first-quarter 2010, a factor that it attributes to ongoing landline voice erosion. Analysts had forecast $10.24 billion in revenues for the wireline unit. However, wireline EBITDA of $2.39 billion surpassed forecasts.
- see this article
- and the earnings release
- more Verizon news

April 26
Tellabs (Nasdaq: TLAB)
Tellabs' Q1 2011 results once again illustrated the ongoing revenue struggles the vendor saw across its three main segments--broadband, transport and services. During the first quarter, Tellabs reported $322.4 million in revenue, down from $379.2 million in Q1 2010, a factor it attributes to declines in all of its units.
- see this article
- and the earnings release (PDF)
- more Tellabs news

April 28
Sprint
(NYSE: S)
Sprint's wireline business continues to be impacted by the ongoing falling prices for VoIP services and lower traditional voice business volume. During the quarter, Sprint's wireline revenue declined 14 percent year-over-year and almost 9 percent sequentially to $1.1 billion, a factor it attributes to annual intercompany rate reduction based on market prices for voice and IP as well as the scheduled inevitable migration of wholesale cable VoIP customers off of Sprint's IP platform.
- see this article
- and the earnings release
- more Sprint news 

Calix (NYSE: CALX)
Calix is once again rode a revenue wave in Q1 2011 as the vendor of choice for various broadband stimulus project with $71.5 million in revenue, a 48.3 percent increase over the $48.2 million it reported in Q1 2010.
- see this article
- and the earnings release
- more Calix news

EarthLink (Nasdaq: ELNK)
EarthLink's (Nasdaq: ELNK) revenues rose 55 percent over Q1 2010 to $243 million, a result driven by its recently completed purchases of ITC^DeltaCom and STS Telecom. During the quarter, Earthlink reported that as a result of these acquisitions and organic growth at its legacy New Edge business services unit, business services made up 59 percent of their total revenue in Q1 2011, a 21 percent increase in Q1 2010.
- see this article
- and the earnings release
- more EarthLink news

SureWest (Nasdaq: SURW)
SureWest's Q1 2011 results once again showed how its broadband bets are paying off as consolidated revenue rose 1 percent year-over-year to $60.6 million as broadband revenues grew by $2.8 million, or 7 percent. However, the service provider was dealt a bit of blow as it was hit with one-time debt refinancing and $3.5 million in retirement costs.
- see this article
- and the earnings release
- more SureWest news

April 29
Telmex
(NYSE: TMX)
Mexico's dominant telco saw the pains of declining local and long distance telephony drive down its Q1 2011 revenue 3.6 percent to 27.54 billion pesos ($2.39 billion). Operating revenue for Telmex declined from 7.66 billion pesos ($665 million) in Q1 2010 to 6.65 billion pesos ($577 million). Profit decreased by 16.7 percent to 3.75 billion pesos ($325 million).
- see this article
- more Telmex news

May 3
Level 3 Communications (Nasdaq: LVLT)
Level 3 (Nasdaq: LVLT) reported something different in Q1: an actual profit and a Q2 revenue outlook that drove up its shares 4 percent. During the quarter, Level 3 reported consolidated revenue of $929 million for the first quarter 2011, compared to consolidated revenue of $921 million for the fourth quarter 2010 and $910 million for the first quarter 2010.
- see this article
- and the earnings release (PDF)
- more Level 3 news

May 4
MTS Allstream
(Toronto: MBT.TO)
MTS Allstream has set a bullish outlook on IP-based consumer and business services, but that vision wasn't enough to prevent its revenue from declining from CAD 446.7 million (USD 465.9 million) to CAD 439.3 million (USD 458 million) in Q1 2011.
- see this article
- and the earnings release
- more MTS Allstream news

Windstream (Nasdaq: WIN)
Windstream saw its share of ups and downs in Q1 2011 with revenue rising 21 percent to $1.023 billion, while net income declined 68 percent to $23.5 million from Q1 2010. Despite the income losses, the service provider reported gains in both business service and consumer broadband revenue and reduced wireline voice losses. During the quarter, business service revenue was $492 million, up 2.3 percent year-over-year, while consumer broadband was $116 million, an 11 percent increase over Q1 2010.
- see this article
- and the earnings release
- more Windstream news

May 5
Telus
(Toronto: T.TO)
Telus reported Q1 2011 revenue of $2.5 billion, an increase of 6.5 percent, with 11 percent growth in wireless and about 2 percent growth in the wireline segment. Telus's wireline division results reflected strong gains in both broadband and TV services. During the quarter, the service provider added 44,000 TV customers and 16,000 broadband Internet subscribers due to the ongoing success of bundling its Opitk brand and services.
- see this article
- and the release (PDF)
- more Telus news

CenturyLink (NYSE: CTL)
CenturyLink (NYSE: CTL) may be facing ongoing losses in its traditional PSTN business, but in Q1 it was able to stem those losses with strong gains in broadband services. During the quarter, CenturyLink added over 52,000 new DSL subscribers, bringing it to a total of 2.4 million broadband subscribers.
- see this article
- and the earnings release
- more CenturyLink news

Cincinnati Bell (NYSE: CBB)
The telco's ongoing bet on data centers continued to pay off in Q1 2011 as the service provider reported revenue of $361 million, an 11 percent increase over Q1 2010. A big contributor to Q1 growth was a 117 percent, or $23 million, increase in data center colocation revenue. Of course, there were losses in the wireline segment as voice revenues declined from $81.3 million in Q1 2010 to $73.2 million in Q1 2011.
- see this article
- and the earnings release
- more Cincinnati Bell news

Frontier Communications (NYSE: FTR)
Frontier continues to see its acquisition of Verizon's rural lines pay off as Q1 revenue rose 29 percent to $1.34 billion from Q1 2010. However, the service provider's revenue rise was slightly offset from a $14.9 million decline in its legacy operations. This caused Frontier to slightly miss analyst forecasts of 6 cents on $1.35 billion in revenue. As of the end of March, Frontier had 3.3 million residential customers and 333,400 business customers.
- see this article
- and the earnings release
- more Frontier news

May 6
Bell Aliant
(Toronto: BA-UN.TO)
The Canadian telco's ongoing bet on providing IP-based services over a Fiber to the Home (FTTH)-based network continue to pay off as the service provider reported CAD 84 million (USD 86.7 million) in net earnings. As expected, Bell Aliant's Regional Communications Inc. (Bell Aliant GP) unit did see ongoing losses in both local and long distance voice revenues of 1 percent. However, the growth in broadband and IPTV revenue offset its access line losses.
- see this article
- and the earnings release
- more Bell Aliant news

Alcatel-Lucent (NYSE: ALU)
Alcatel-Lucent gave investors something to smile about as the Franco-American company reported Q1 2011 of $5.23 billion and adjusted operating profit of $13 million. For Q1 2011, Alcatel-Lucent's revenue increased 13.9 percent year-over-year and decreased 21.6 percent sequentially.
- see this article
- and the earnings release
- more Alcatel-Lucent news

TDS Telecom (NYSE: TDS)
During the first quarter, TDS Telecom's operating revenues rose 2 percent to $199 million, while operating revenue was up 24 percent. When broken out, TDS' ILEC division revenue rose 3.8 percent to $155.8 million, while the CLEC division's revenue fell 5.1 percent to $45.3 million.
- see this article
- and the earnings release
- more TDS Telecom news

May 8
Vonage
VoIP service provider Vonage (NYSE: VG), continued its surge last week, reporting first quarter net income rose to a record $21 million, or 10 cents per share, from $14 million, or 7 cents a share, a year ago; revenues in the first quarter declined to $220 million, from  $226 million a year earlier.
- see this article
- here's the earnings release
- more Vonage news

May 11
tw telecom (Nasdaq: TWTC)
tw telecom continued to ride a wave of enterprise services growth in Q1 2011 with revenue rising to $332.5 million, up 6.9 percent from $311.2 million in Q1 2010. Driven primarily by data and Internet revenues, tw telecom reported an 8.1 percent, or $19 million increase, in enterprise revenue.
- see this article
- and the earnings release (PDF)
- more tw telecom news

May 12
8x8 (NASDAQ:EGHT)
Hosted VoIP provider 8x8, Inc. (NASDAQ:EGHT) said its fourth quarter revenue increased nearly 15 percent from a year ago to a record $18.2 million, just missing the $18.44 million analysts had expected, and it said earnings for the quarter were $2 million, an 80 percent increase from a year ago.
- see this article
- and the earnings release
- more 8x8 news

BT (NYSE: BT)
BT's focus on cost cutting and growing broadband subscriber growth continued to pay off in its fiscal fourth quarter as the telco reported pre-tax profits rose by 71 percent year-on-year to GBP 1.7 billion (USD 2.77 billion). During the quarter, BT said it cut GBP 1.1 million (USD 1.79 million) in costs, while earnings before interest, tax, depreciation and amortization (EBITDA) for the 12-month period were GBP 5.89 billion (USD 9.6 billion), 4 percent over the same period last year.
- see this article
- and the earnings release
-more BT news

Bell Canada (NYSE: BCE)
Bell Canada once again saw lagging traditional landline local and long-distance voice revenues offset ongoing growth in next-gen wireline-based services in Q1 2011. From a total company financial perspective, Bell Canada's net income declined from CAD 503 million (USD 520 million), or 67 cents a share, from CAD 706 million (USD 732 million), or 92 cents per share, in Q1 2010.
- see this article
- and the earnings report (PDF)
- more Bell Canada news

Cisco (Nasdaq: CSCO)
Cisco just can't seem to get out of its own way, and its fiscal Q3 reflects that trend with profits down 18 percent and plans to lay off even more employees in poorly performing divisions. And the outlook is not any better, with Cisco's CEO John Chambers predicting that its current quarter's revenue outlook would be flat to up 2 percent.
- see this article
- and the earnings release
- see FierceVoIP's take
- more Cisco news

May 16 
FairPoint (Nasdaq: FRP)
FairPoint Communications, fresh out of Chapter 11 bankruptcy protection, saw its revenue take a $16 million hit due to a 9.6 percent decline in traditional voice service subscriptions year-over-year.
- see this article
- see the earnings release
- more FairPoint news

Wireline in the first quarter of 2011
Read more on