Wireline in the first quarter of 2012

First quarter 2012 telecomHow did the wireline industry perform in the first quarter of 2012?

Check in here throughout the first quarter earnings report season for a summary of results from the wireline industry's service providers and network equipment manufacturers. Each abbreviated summary links to a full article covering a provider's fourth quarter report.

Also, don't forget to check out our second quarter 2011, third quarter 2011, and fourth quarter 2011 wrap-up pages. And check back in throughout the earnings season to see all of FierceTelecom's related Q1 2012 earnings.

April 19

Verizon (NYSE: VZ)
The carrier's wireline story in Q1 2012 was again a tale in which Verizon saw gains from next-gen consumer services like FiOS data and TV and business services like cloud and Ethernet, but declines in wholesale revenue clouded the picture.
- see this article
- and these selected slides
- more Verizon news

April 23

Polycom
Polycom in January blew through fourth quarter earnings estimates, saw its stock bump better than 9 percent and rode the excitement that surrounded its RealPresence product line to record results.
- see this article
- here's the earnings release
- more Polycom news

April 24

ADVA Optical Networking (XETRA: ADV.DE)
ADVA Optical reported Q1 2012 revenues of €81.7 million ($108 million) in Q1 2012, coming within guidance between €79 million ($104 million) and €83 million ($109.6 million).
- see this article
- and the earnings release
- more ADVA news

AT&T (NYSE:T)
AT&T's wireline operating income was $1.8 billion, up 2.4 percent over Q1 2011, yet down 1.2 percent from Q4 2011. Likewise, total Q1 wireline revenues were $14.9 billion, down 0.8 percent versus the same period in 2011 and down slightly sequentially.
- see this article
- and the earnings release
- and slides from the investor presentation
- more AT&T news

Juniper Networks (NYSE: JNPR)
Juniper is feeling the pain of its major telco customers putting off their purchasing decisions for its routing products as the vendor reported that Q1 2012 net revenue declined 6 percent on a year-over-year basis and 8 percent sequentially to $1.03 billion.
- see this article
- and the earnings release
- more Juniper news

April 25

Sprint (NYSE: S)
The wireline the service provider continues to see declines due to price reductions in wireline voice and IP services. During the quarter, wireline revenues declined 11 percent year-over-year to $1 billion. On a sequential basis, Q1 wireline revenues were also down 5 percent due to a reduction of intercompany rates from the decline of market-based wireline service prices.
- see this article
- and the earnings release
- more Sprint news

Bell Aliant (Toronto: BA-UN.TO)
Bell Aliant reported Q1 2012 net income of CAD 87 million (USD 88 million), up from CAD 84 million (USD 85 million) in the same period a year ago, a result of strong IPTV and next-gen service growth in the quarter.
- see this article
- and the earnings release
- more Bell Aliant news

April 26

Alcatel-Lucent (NYSE: ALU)
In Q1 2012, the France-based global telecommunications vendor reported that revenue was down 12.3 percent year-over-year and decreased 22.7 percent sequentially to $4.24 million, down from $4.83 billion in Q1 2011.
- see this article
- and the earnings release
- more Alcatel-Lucent news

EarthLink (Nasdaq: ELNK)
EarthLink (Nasdaq: ELNK) reported that revenue declined two percent sequentially to $34 million, but was up 42 percent year-over-year from the same period in 2011, a factor it attributes to the closing of its acquisition of One Communications and five IT service companies last year.
- see this article
- here's the earnings release
- more EarthLink news

Tellabs (Nasdaq: TLAB)
Tellabs' financial challenges continued in the first quarter of 2012, with its revenues declining to $258 million year-over-year from $322 million in the same period a year earlier. The Naperville, Ill.-based vendor reported a net loss of $140 million, or 38 cents per share, compared to its net loss of $24 million, or 7 cents per share, in the same period a year ago.
- see this article 
- see the earnings release
- more Tellabs news

April 27

America Movil (NYSE: AMX)
America Movil (NYSE: AMX) is benefitting from its Brazilian customer base adopting more of its cable and satellite video services as Q1 profit climbed 38 percent to MXN 32.6 billion (USD2.5 billion).
- see this article
- more America Movil news

April 30

HickoryTech (Nasdaq: HTCO)
HickoryTech reported first-quarter 2012 revenue of $46.9 million, a 22 percent year over year increase, a result of strong equipment, fiber and data sales. The ILEC's earnings for the quarter rose 8 percent to $2.3 million, while EPS totaled 17 cents per diluted share, up 6 percent from the same period last year.
- see this article
- and the earnings release
- more HickoryTech news

May 1

Calix (NYSE: CALX)
Calix reported first-quarter 2012 revenue of $78.6 million, up 10 percent from $71.5 million in Q1 2011 a result of continued broadband stimulus shipments.
- see this article
- and the earnings release
- more Calix news

May 2

Acme Packet (Nasdaq: APKT)
Acme Packet Inc. reported that higher opex and reduced product revenue in the first quarter combined to push earnings down 82 percent. Total revenue for Q1 2012 was $70.8 million, compared to $74 million in the first quarter of 2011. 
- see this story 
- see the release
- more Acme Packet news

SureWest Communications (Nasdaq: SURW)
SureWest Communications reported that its first-quarter 2012 revenue rose 3.6 percent, to $62.8 million, up from $60.6 million, due to an increase in broadband revenue. SureWest's overall broadband revenue increased 10 percent, to $50 million, accounting for 80 percent of the telco's first-quarter revenues. 
- see this story
- see the release
- more SureWest news

tw telecom (Nasdaq: TWTC)
The Littleton, Colo.-based CLEC reported that revenues rose to $358.9 million, up 2.1 percent from $351.5 million in Q4 2011. On a year-over-year basis, the CLEC's revenue increased 7.9 percent, or $26.4 million from Q1 2011.
- see this article
- the earnings release
- more tw telecom news

Vonage (NYSE: VG)
Vonage Holdings Corp. reported a second consecutive quarter of lower revenue, as well as lower earnings. Vonage's non-GAAP net income was $19 million, or 8 cents a share, down from $23 million, or 10 cents a share, a year ago. GAAP net income was $14 million, or 6 cents a share, down from $21 million, or 10 cents a share.
- see this story
- see this earnings release 
- more Vonage news

May 3

Bell Canada (NYSE: BCE)
Bell Canada reported that wireline revenue was CAD2.57 million (USD2.6 million) in the quarter, down 3.5 percent from Q1 2011, while EBITDA decreased 3.9 percent to CAD1.0 million (USD1.01 million) due to obvious declines in its traditional legacy voice and data service segments.
- see this article
- here's the earnings release
- more Bell Canada news

Cincinnati Bell (NYSE: CBB)
Data center services continue to be a major growth engine for Cincinnati Bell since it purchased CyrusOne in 2010. In the first quarter of 2012, data center revenue rose 21 percent year-over-year to $53 million. During the quarter it added 43,000 square feet of new data center space, including a new data center in Singapore, to increase overall data center capacity to 806,000 square feet.
- see this article
- and the earnings release
- more Cincinnati Bell news

Consolidated Communications (Nasdaq: CNSL)
Consolidated Communications reported first-quarter 2012 revenues of $93.4 million, down 1.4 percent year-over-year, from $95.4 million in Q1 2011. Excluding a $0.7 million settlement from the National Exchange Carrier Association (NECA) in Q1 2011, the service provider's revenue declined by $1.3 million, or 1.4 percent year-over-year. Operational revenue was $11.0 million, down from $16.9 million in Q1 2011.
- see this story
- see the earnings release
- more Consolidated news

FairPoint Communications (Nasdaq: FRP)
FairPoint Communications reported revenue of $248.5 million for the first quarter of 2012, down from $254.8 million in Q4 2011, due to an expected decline in voice access lines, but growth in business and broadband services continue to close that gap.
- see this article
- and the earnings release (PDF)
- more FairPoint news

Level 3 Communications (Nasdaq: LVLT)
Level 3 Communications reported that revenue rose 1.2 percent sequentially to $1.59 billion in the first quarter of 2012, up from $1.58 billion for Q4 2011, meeting financial analysts' forecasts. The company also narrowed its losses to $138 million, or 66 cents per share, from $235 million in Q4 2011.
- see this story
- see the earnings release
- more Level 3 news

May 4

Lumos Networks (Nasdaq: LMOS)
Lumos Networks reported its first-quarter 2012 revenue rose slightly to $51.4 million, up from $51.1 million in Q4 2011, but down year-over-year, from $52.6 million, as competitive wholesale and data products offset obvious declines in legacy voice revenues.
- see this article
- see the earnings release
- more Lumos news

TDS Telecom (NYSE: TDS)
TDS Telecom, the wireline ILEC division of Telephone & Data Systems, reported that its operating revenues rose 3 percent to $204.1 million in the first quarter of 2012. TDS Telecom's parent Telephone and Data Systems Inc. reported operating revenues of $1.30 billion for the first quarter of 2012, up 4 percent from $1.25 billion in Q1 2011.
- see this article
- see the earnings release
- more TDS Telecom news

May 7

Frontier Communications (Nasdaq: FTR)
Frontier Communications Corp. reported first-quarter 2012 revenue of $1.27 billion, down from $1.35 billion in Q1 2011.  The company reported net income of $26.8 million, or 3 cents per share for the quarter, compared with $54.7 million, or 5 cents per share, in Q1 2011.
- see this article
- see the earnings release
- more Frontier news

May 9

CenturyLink (NYSE: CTL)
CenturyLink reported 5 percent lower first-quarter 2012  profit. Its net income declined to $200 million, or 32 cents per share, from $211 million, or 69 cents per share. The company projected full-year adjusted pre-share earnings of $2.35 to $2.55.
- see this story
- see the earnings statement (PDF)
- more CenturyLink news

Cisco (Nasdaq: CSCO)
Cisco reported its third-quarter 2012 earnings rose 20 percent to beat Wall Street expectations by a penny. Cisco reported earnings of $2.6 billion, or 48 cents per share, excluding one-time charges. Analysts expected per-share earnings of 47 cents. The company reported $11.6 billion in sales, also in line with expectations.
- see this story
- see the earnings release
- more Cisco news

May 10

BT (NYSE: BT)
BT reported that its fiscal fourth-quarter 2011 earnings--before interest, tax, depreciation and amortization (EBITDA)-- rose 3 percent. Revenue dropped to £19 million ($30.6 million).
- see this story
- see the earnings release
- more BT news

Hawaiian Telcom (Nasdaq: HCOM)
Hawaiian Telcom reported first-quarter 2012 revenue of $97.6 million, down 1 percent from $98.5 million year-over-year, as continued growth in video, business data and consumer broadband offset the impact of expected access line loss.
- see this article
- and the earnings release (PDF)
- more Hawaiian Telcom news

MTS Allstream (Toronto: MBT.TO)
MTS Allstream reported that earnings rose to CAD 53.1 million (USD 52.9 million), up from CAD 43.1 million (USD 43.0 million), in the same period a year ago with a 19 percent jump in IPTV earnings and a 4 percent increase in Converged IP services for businesses.
- see this article
- and the earnings release (PDF)
- more MTS Allstream news

Windstream (Nasdaq: WIN)
Windstream reported that its Q1 2012 sales did not meet Wall Street guidance due to a decline in both consumer and wholesale service revenues. For the quarter, the service provider's total revenues and sales were $1.55 billion, down 0.5 percent year-over-year.
- see this article
- here's the earnings release
- more Windstream news

May 16

8x8 (Nasdaq:EGHT)
- more 8x8 news

May 31

Ciena (Nasdaq: CIEN)
The vendor reported that its fiscal Q2 2012 earnings were up 14 percent year-over-year as it saw strong gains, particularly in Packet-Optical Transport Systems (P-OTS) and software and services. For the quarter, Ciena reported revenue of $477.6 million.
- see this article
- and the earnings release
- more Ciena news

Wireline in the first quarter of 2012
Read more on