Wireline telecom earnings in the first quarter of 2013

Q1 earnings 2013The Q1 2013 earnings season is nearly over, and FierceTelecom is tracking how all of the key players in the wireline industry segment performed. Check here throughout the first-quarter reporting season for news on providers, vendors and integrators in the wireline telecom industry. (Image source: iStockPhoto)

Also, our colleagues at FierceWireless are tracking the Q1 results of the major players in the wireless segment.  

Don't forget to look at our reports from Q4 2012, Q3 2012, Q2 2012, and Q1 2012.

And finally, our roundup for the first quarter is in, including a look at the performance of the top 13 ILECs.

April 10

ADTRAN (Nasdaq: ADTN)
ADTRAN made a comeback in Q1 2013, reporting gains in both the broadband access and optical segments of its carrier product division.
- see our coverage
- and the earnings release
- more ADTRAN news

April 18

Verizon (NYSE: VZ)
Verizon's wireline results in Q1 2013 were once again dominated by the growth of its FiOS Internet and TV offerings, which helped to drive up overall wireline consumer revenues 4.3 percent to $3.6 billion.
- here's the earnings release
- FierceIPTV's report
- and our coverage
- more Verizon news

April 19

America Movil (NYSE: AMX)
America Movil reported that Q1 wireline results were driven by a 20.6 percent rise in pay TV and more customers opting for triple play voice, video and data bundles.
- here's the earnings release (.pdf)
- and our coverage
- more America Movil news

April 23

AT&T (NYSE: T)
U-verse IP-based broadband and U-verse additions helped drive first quarter 2013 consumer wireline revenues up 2 percent to $5.5 billion, while offsetting business customer revenue declines. During the quarter, total U-verse revenues grew 30.8 percent year over year and 4.9 percent sequentially.
- see our coverage
- and FierceIPTV's take
- investor presentation details
- and the earnings release
- more AT&T news

Juniper Networks (NYSE: JNPR)
The provider saw first-quarter 2013 results rise 3 percent year-over-year to $1.05 billion, as the vendor saw an uptick in orders from various segments of the service provider community. Juniper's operating margin increased to 8.2 percent on a GAAP basis from 4.6 percent a year earlier, but decreased from 11.5 percent in the fourth quarter of 2012.
- see our coverage
- and the earnings release
- more Juniper Networks news

April 24

ADVA Optical Networking (XETRA: ADV.DE)
ADVA felt the headwinds of service providers tightening their purses, and the results of a temporary shift in priority to focus on ramping up LTE in their wireless networks, as revenues dropped 5.7 percent year-over-year and 4 percent sequentially to €77 million ($101 million).
- see our coverage
- and the earnings release
- more ADVA Optical Networking news

Infinera (Nasdaq: INFN)
DTN-X platform sales continued to drive Infinera's profits in Q1 2013 as GAAP revenues rose year-over-year $124.6 million in what is typically is a slow quarter for the telecom equipment industry.
- see our coverage
- and the earnings release
- more Infinera news

Sprint (NYSE: S)
Wireline revenues in the first quarter left a lot to desire as they declined 11 percent year-over-year to $893 million and 6 percent sequentially with sharp declines in both voice and Internet. The service provider attributes the decline to an intercompany rate reduction based on market prices for voice and IP services sold to the wireless segment, in addition to lower voice, data and IP volumes.
- see our coverage
- and the earnings release (.pdf)
- more Sprint news

April 25

Calix (NYSE: CALX)
Calix bucked the seasonal trend that has plagued other members of the telecom ecosystem as the vendor's Q1 2013 revenues rose 15.3 percent year-over-year revenue to $90.5 million. The company's non-GAAP net income for Q1 was $3.2 million, or $0.06 per fully diluted share. Its GAAP net loss for the first quarter of 2013 was $6.2 million, or $(0.13) per basic and diluted share, compared to a GAAP net loss of $7.5 million, or $(0.16) per basic and diluted share for the first quarter of 2012.
- see our coverage
- and the earnings release
- more Calix news

Level 3 Communications (Nasdaq: LVLT)
First-quarter revenues for Level 3 declined sequentially and year-over-year to $1.58 billion due to the expected termination of various North America and UK government contracts. During the first quarter, the company's net loss was $0.36 per share, including $0.11 in foreign exchange losses in EMEA and Latin America.
- see our coverage
- and the earnings release
- more Level 3 news

April 26

Alcatel-Lucent (NYSE: ALU)
Alcatel-Lucent may be challenged by cash flow issues, but strong sales in North America and momentum for its VDSL2 products drove up its Q1 revenue 0.6 percent to €3.23 billion ($4.2 billion).
- see our coverage
- and the earnings release
- more Alcatel-Lucent news

Tellabs (Nasdaq: TLAB)
Tellabs' first-quarter revenue declined year-over-year to $209 million, down from $258 million in Q1 2012, due to lower sales in Western Europe and regulatory uncertainty in Mexico.
- see our coverage
- and the earnings release (.pdf)
- more Tellabs news

April 30

HickoryTech (Nasdaq: HTCO)
HickoryTech's ongoing expansion into the business and wholesale services space was a major contributor to the 4 percent year-over-year rise in Q1 revenue to $44.8 million.
- see our coverage
- and the earnings release
- more HickoryTech news

May 1

Bell Aliant (Toronto: BA-UN.TO)
The provider's growing FibreOP fiber to the home service was a factor in the telco's Q1 revenue mix, contributing 0.3 percent, or $1.98 million to its total of $679 million in operating revenues.
- see our coverage
- and the earnings release
- more Bell Aliant news

May 2

EarthLink (Nasdaq: ELNK)
The CLEC's movement into the business market was evident in the first quarter of 2013 as business services focus helped it hold revenue at $320 million. Although revenue was down from $331.6 million Q4 2012 and $344.4 million in Q1 2012, EarthLink beat analyst revenue expectations of $317.7 million.
- see our coverage
- and the earnings release
- more EarthLink news

May 3

Lumos Networks Corp. (Nasdaq: LMOS)
Lumos Networks' continued expansion into IP-based business and wholesale services, particularly fiber to the tower (FTTT) services for wireless operators, drove up Q1 2013 revenues year-over-year to $52.5 million.
- see our coverage
- and the earnings release
- more Lumos news

Shenandoah Telecommunications (Nasdaq: SHEN)
The carrier reported that first-quarter 2013 revenues jumped 10.4 percent to $76 million with increases in both wireline DSL subscribers and cable RGU (revenue generating unit) counts. It also reported gains in both net income from continuing operations and net income, which rose 90 percent to $8.4 million and 87 percent to $8.4 million over Q1 2012.
- see our coverage
- and the earnings release
- more Shentel news

TDS Telecom (NYSE: TDS)
The wireline subsidiary of Telephone and Data Systems reported that first-quarter 2013 results rose to $217 million as it expanded its TDS TV service to more residential customers and new sales of its managedIP products to business customers.
- see our coverage
- and the earnings release
- more TDS Telecom news

May 6

Frontier Communications (Nasdaq: FTR)
Frontier reported that Q1 data service revenues rose $18.3 million, or 9 percent, helping to partially offset ongoing losses from traditional local and long-distance voice service revenues.
- see our coverage
- and the earnings release
- more Frontier Communications news

Hawaiian Telcom (Nasdaq: HCOM)
Hawaiian Telcom saw in the first quarter that its focus on growing broadband and IPTV helped drive up Q1 2013 revenues 2 percent to $96 million. Due to the overall revenue increase, adjusted EBIDTA also rose year-over-year to 2 percent to $29.2 million. Meanwhile, the telco's net income was $1.8 million, or $0.17 per diluted share for the quarter, which it said it was tenth consecutive quarter of profitability.
- see our coverage
- and the earnings release
- more Hawaiian Telcom news

May 7

Cogent Communications (Nasdaq: CCOI)
Cogent reported that on-net network revenue rose 2.1 percent sequentially to $61.7 million with the addition of business and wholesale service customers in Q1 2013.
- see our coverage
- and the earnings release (.pdf)
- more Cogent news

FairPoint Communications (Nasdaq: FRP)
FairPoint reported that data and Internet services revenue grew 15 percent to $38.1 million, with residential DSL and business-grade Ethernet services attracting new customers.
- see our coverage
- and the earnings release
- more FairPoint news

tw telecom (Nasdaq: TWTC)
Carrier tw telecom reported that strong Ethernet and VPN product sales in Q1 2013 drove up data and Internet services revenue 14.3 percent, or $25 million year-over-year, to $202 million.
- see our coverage
- and the earnings release
- more tw telecom news

May 8

CenturyLink (NYSE: CTL)
CenturyLink saw an uptick in broadband and Prism IPTV subscribers that drove up its Q1 2013 strategic consumer revenues 5.4 percent year-over-year to $620 million, but the carrier's overall consumer revenues declined, and it forecast "significantly lower" broadband growth in the next quarter.
- see our coverage
- and FierceIPTV's take
- and the earnings release
- more CenturyLink news

May 9

Bell Canada (NYSE: BCE)
The telco added 47,463 new Fibe TV IPTV customers in Q1 2013, up 41.9 percent from the same period a year ago, a factor that helped it stem traditional wireline voice revenue losses. BCE reported operating revenues of CAD 4.9 billion (USD 4.83 billion), a scant 0.2 percent rise over Q1 2012. However, net earnings attributed to common shareholders rose 6.6 percent to CAD 566 million (USD 558.8 million), resulting in an adjusted EPS of 77 cents, up 11.6 percent.
- see our coverage
- the earnings release
- and FierceIPTV's take
- more BCE news

Cincinnati Bell (NYSE: CBB)
The carrier reported that its Fioptics fiber to the premises (FTTP) service revenues rose 52 percent year-over-year in Q1 2013 to $22 million, helping to partially offset the ongoing impact of voice line losses. Although the telco was able to narrow landline losses to 7.8 percent, they still drove down its overall wireline revenues to $180 million. Likewise, Q1 wireline operating income was $50 million, down from $57 million in the same period a year ago.
- see our coverage
- and the earnings release
- more Cincinnati Bell news

Consolidated Communications (Nasdaq: CNSL)
Consolidated reported that the ongoing rise in data and video connections helped drive up its Q1 2013 revenues year-over-year to $156.3 million. The telco's income from operations was $28.4 million, up from $11 million in Q1 2012 due primarily to the SureWest acquisition, growth in the business and synergy realization.
- see our coverage
- and the earnings release
- more Consolidated Communications news

MTS Allstream (Toronto: MBT.TO)
MTS Allstream reported in Q1 2013 that broadband and converged IP revenues rose 3.2 percent year-over-year to CAD 54.2 million (USD 53.5 million) due to strong IPTV and broadband revenue gains.
- see our coverage
- and the earnings release (.pdf)
- more MTS Allstream news

Windstream (Nasdaq: WIN)
Windstream reported that first-quarter business and consumer broadband revenue grew 5 and 2 percent year-over-year, but those results weren't enough to prevent overall revenues from declining 2 percent to $1.5 billion due to legacy revenue losses.
- see our coverage
- and the earnings release
- more Windstream news

May 10

BT (NYSE: BT)
A flat key revenue measure and fiscal fourth quarter revenues of just £4.8 million ($7.32 million), down 2 percent, didn't dampen spirits at the telco, which noted that its fiber customer base doubled to more than 1.5 million subscribers. The telco also saw adjusted earnings per share climb 22 percent in Q4, to 8.3 pence ($1.26).
- see our coverage
- and the earnings release
- more BT news

Telus (NYSE: TU)
Telus reported that while first-quarter 2013 external wireline revenues rose CAD 36 million (USD 35.6 million) or 2.9 percent year-over-year to CAD 1.8 billion (USD 1.78 billion) due to an uptick in data service revenue, those results were partially offset by expected declines in legacy consumer and business voice revenues.
- see our coverage
- and the earnings release
- more Telus news

May 13

Alteva (NYSE MKT: ALTV)
Alteva reported that its first-quarter unified communications revenues, net of eliminations were $4 million, up sequentially 15.6 percent, a factor that helped to ease the pain of the 9 percent decline in telephone segment revenue.
- see our coverage
- and the earnings release
- more Alteva news

May 15

Cisco (Nasdaq: CSCO)
Cisco reported that while its bread-and-butter next-generation routing revenues remained flat, switching and service provider video revenues rose 2 and 30 percent to $3.6 billion and $1.3 billion, respectively, in fiscal Q3 2013. The company's overall net sales were $12.2 billion, up 5 percent year-over-year, while earnings per share were $0.46 GAAP.
- see our coverage
- and the earnings release
- more Cisco news

Zayo Group
Zayo reported that its fiscal third quarter 2013 revenues rose $7.9 million, sequentially, to $251.4 million due to an increase in net installations and growth, mainly from its acquisitions of First Telecom Services and Litecast.
- see our coverage
- and the earnings release
- more Zayo news

June 6

Ciena (Nasdaq: CIEN)
The provider reported that its Converged Packet Optical and Packet Optical revenues were the stars of its fiscal second quarter 2013, with both rising to $291.4 million and $57.1 million, respectively. The gains in these two segments helped drive up its overall revenue to $507.7 million. Ciena narrowed its net loss to $27.1 million, or 27 cents a share.
- see our coverage
- and the earnings release
- more Ciena news

Wireline telecom earnings in the first quarter of 2013
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