Wireline telecom earnings in the second quarter of 2013

The Q2 2013 earnings season has begun, and FierceTelecom is tracking how all of the key players in the wireline industry segment performed. Check here throughout the second-quarter reporting season for news on providers, vendors and integrators in the wireline telecom industry.

Also, our colleagues at FierceWireless are tracking the Q2 results of the major players in the wireless segment.  (Image source: iStockPhoto)

Finally, don't forget to look at our reports from Q1 2013, Q4 2012, Q3 2012, and Q2 2012.

July 10

ADTRAN (Nasdaq: ADTN)
An increase in broadband access and optical drove up ADTRAN's second quarter sales to $162.2 million, up sequentially from $143 million in Q1 2012.
- see our coverage
- and the earnings release
- more ADTRAN news

July 18

Verizon (NYSE: VZ)
Verizon's FiOS fiber to the home service continued to be the growth engine in its consumer wireline division, driving up revenues year-over-year 4.7 percent to $3.6 billion. However, the telco reported that despite a rise in strategic service sales, business services overall declined.
- see our coverage
- and FierceIPTV's take
- and the earnings release
- more Verizon news

ADVA Optical Networking (XETRA: ADV.DE)
ADVA Optical Networking reported that Q2 2013 earnings of €78.4 million ($103 million) rose 1.7 percent sequentially, slightly beating guidance of between €73 million ($96 million) and €78 million ($102 million).
- see our coverage
- and the earnings release
- more ADVA Optical Networking news 

July 23

AT&T (NYSE: T)
AT&T's U-verse business continues be a feather in the telecom operator's wireline cap. The company reported U-verse revenues were up 30.1 percent year-over-year, with the IP service now contributing more than half of the wireline consumer business revenues. In addition, U-verse total subscriber count topped 9.4 million in the quarter.
- see our coverage
- and the earnings release
- more AT&T news

Juniper Networks (NYSE: JNPR)
CEO Kevin Johnson announced he will retire from the company  Juniper's second quarter net income was $98 million, up from $57.7 million in the same quarter last year. Sales increased 7.2 percent to $1.15 billion, which exceeded analysts' average estimate of $1.09 billion.
- see our coverage
- more Juniper Networks news

July 24

Infinera (Nasdaq: INFN)
Infinera credited increased acceptance of the DTN-X platform for boosting revenues from the first quarter's $124.6 million to $138.4 million in the second quarter. Revenues were also up from $93.5 million a year ago.
- see our coverage
- here's the earnings press release
- more Infinera news

July 25

BT (NYSE: BT)
BT may have reported that its first quarter consumer revenues were flat, but it has set a path for future broadband growth with the addition of 197,000 retail fiber-based broadband customers. It ended the period with a total 1.5 million FTTx broadband customers.
- see our coverage
- and the earnings release
- more BT news

July 26

America Movil (NYSE: AMX)
America Movil's pay-TV business continued to be a strong performer in the service provider's wireline portfolio, making up 44 percent of the 1.6 million new revenue generating units (RGUs) it gained in Q2 2013. At of the end of June it had a total of 66.8 million RGUs, up 9.1 percent year-over-year.
- see our coverage
- and the earnings release (.pdf)
- more America Movil news

July 30

Alcatel-Lucent (NYSE: ALU)
The company may still be working through the company's restructuring process set by new CEO Michel Combes, but ALU's IP division sales continued to be the star performer in the vendor's portfolio, rising over 25 percent year-over-year to $827 million. Driven by the IP networking growth and gains in the North America market, overall company revenues were $4.7 million, up 1.9 percent year-over-year.
- see our coverage
- and the earnings
- more Alcatel-Lucent news

Calix (NYSE: CALX)
The vendor reported that a jump in sales put its Q2 2013 revenue at $94.4 million, up 20 percent year-over-year from Q2 2012. Calix said the rise in revenue was due to strong growth with both domestic Tier 1, 2, and 3 telcos and international service providers. These results met the lower end of its forecasted guidance of between $94 million and $98 million.
- see our coverage
- and the earnings release
- more Calix news

Pace Plc (LSE: PIC.L)
The British set-top box maker, ostensibly the world's leader in the set-top space, rode strong North American demand for media servers to a 31 percent increase in first half revenues to $1.38 billion versus $1 billion a year ago and said that demand for the products is now moving into Europe as well. Pace's basic earnings per share were up 221.6 percent to 16.4 cents and adjusted basic EPS was up 72.7 percent to 22.1 cents.
- see our coverage
- and the 1H earnings review
- more Pace news

Sprint (NYSE: S)
Wireline revenues for Sprint rose sequentially to $910 million, up from $893 million in Q1, due to a rise in voice revenues. During the quarter, voice revenues were $377 million, an increase over $352 million in Q1 2013. Despite the gain in voice revenues, wireline data and Internet revenues declined to $87 and $432 million, respectively, from $94 and $434 in the first quarter.
- see our coverage
- and the earnings release
- more Sprint news

July 31

Level 3 Communications (Nasdaq: LVLT)
Core Network Services was once again the shining star in Level 3's portfolio in the second quarter, rising 2.4 percent to $1.4 billion. The service provider said that it saw growth across all three of its regions--North America, EMEA and Latin America.
- see our coverage
- and the earnings release
- more Level 3 news

Aug. 1

EarthLink (Nasdaq: ELNK)
The provider reported that business services, a segment that made up 78 percent of its total revenue, dropped only 0.5 percent to $243.3 million. A key driver in the business services segment was its retail business, one that includes MPLS, Hosted VoIP and IT Services, which reached about a $157 million annualized revenue run rate, reflecting what EarthLink said was "an accelerated 22% year-over-year growth rate."
- see our coverage
- and the earnings release
- more EarthLink news

Lumos Networks (Nasdaq: LMOS)
Lumos' drive to deliver data services continued to bear fruit in Q2 as total strategic data revenue rose to $29.9 million. A key point of growth during the quarter was carrier data services, particularly carrier transport and Fiber to the Tower services, which were $15.1 million. IP-based services remained slightly flat at $4.78 million.
- see our coverage
- and the earnings report
- more Lumos news 

MTS (Toronto: MBT)
Manitoba Telecom Services' broadband and converged IP services drove up the Canadian service provider's Q2 wireline revenue stream 6 percent to $55 million due to increases in both Internet and IPTV revenues. Internet revenues were up $1 million to $28 million due to a 5.8 percent increase in its broadband subscriber base. Driven by 5.5 percent growth in subscribers, IPTV revenues rose to $19.7 million.
- see our coverage
- and the earnings release (.pdf)
- more MTS Allstream news

Aug. 2

Bell Aliant (Toronto: BA-UN.TO)
Bell Aliant continued to make progress with its FibreOP fiber to the home (FTTH) rollout in Q2, passing an additional 45,000 premises to reach a total of 725,000 premises as of the end of June. With penetration of FibreOP now exceeding 20 percent, the service provider said it's on track to meet its goal to pass 800,000 premises with FTTH by the end of the year.
- see our coverage and FierceIPTV's coverage
- and the earnings release
- more Bell Aliant news

Shentel (Nasdaq: SHEN)
Shentel may be placing more emphasis on growing its cable and wireless segments, but the telco reported that Q2 2013 wireline fiber sales rose 7.4 percent year-over-year to $5.6 million.
- see our coverage
- and the earnings report
- more Shentel news 

TDS Telecom (NYSE: TDS)
Revenue for TDS Telecom, the wireline operating subsidiary of Telephone and Data Systems, Inc., rose 7 percent to $223.4 million with gains in triple play residential bundles and business managedIP connections.
- see our coverage
- and the earnings release
- more TDS Telecom news 

Tellabs (Nasdaq: TLAB)
Second-quarter revenue declined year-over-year to $212 million, down from $288 million, but Tellabs' results were in line with its guidance for the quarter. The vendor said it widened its losses to $8 million or 2 cents a share from $5 million or 1 cent a share a year earlier.
- see our coverage
- and the earnings release (.pdf)
- more Tellabs news

Aug. 5

Hawaiian Telcom (Nasdaq: HCOM)
Hawaiian Telcom reported that gains in broadband and TV subscribers drove up Q2 2013 revenue 2.4 percent year-over-year to $97 million. Video service revenues grew to $2.9 million, while broadband revenues grew to $9.8 million during the quarter.
- see our coverage and FierceIPTV's coverage
- and the earnings report
- more Hawaiian Telcom news 

HickoryTech (Nasdaq: HTCO)
HickoryTech's fiber and data segment was the star performer of its portfolio, rising 11 percent year-over-year to $17 million. The telco attributes the revenue rise to an increase in wholesale and retail business sales followng its acquisition of Idea One, which expanded its fiber network.
- see our coverage
- and the earnings release
- more HickoryTech news

Aug. 6

FairPoint Communications (Nasdaq: FRP)
FairPoint Communications reported that data and Internet services grew 11 percent year-over-year and 5 percent sequentially in Q2 2013 to $40 million, a factor that helped to offset ongoing declines in its legacy residential voice products.
- see our coverage
- and this update
- and the earnings release
- more FairPoint news

Aug. 7

CenturyLink (NYSE: CTL)
CenturyLink reported that Q2 2013 revenues declined year-over-year to $4.53 billion as lower legacy services revenues were only partially offset by increases in strategic business and consumer revenue services such as colocation and managed hosting, broadband and IPTV.
- see our coverage
- and the earnings release
- more CenturyLink news

Frontier Communications (Nasdaq: FTR)
Frontier's no-frills broadband pricing had an effect in the second quarter as it gained 29,500 new customers. As of the end of June, the service provider had a total of about 1.8 million broadband customers.
- see our coverage
- and the earnings release
- more Frontier Communications news

Aug. 8

Bell Canada (NYSE: BCE)
The incumbent carrier recorded 50,555 net Fibe TV activations, its best quarter ever for subscriber additions. The TV and Internet operating mix improved overall wireline revenues to just a 2.9 percent decrease sequentially. Total operating revenues in Q2 were $4.4 billion, up 1.9 percent over Q2 2012. Bell also saw a 12 percent growth in free cash flow to $903 million. Net earnings per share were 71 cents, or $571 million, while adjusted EPS was 77 cents, down 20 cents from the same quarter last  year.
- see the earnings release
- more Bell Canada news 

Cincinnati Bell (NYSE: CBB)
The carrier's Fioptics service portfolio remains the revenue catalyst in the telco's wireline portfolio, rising 50 percent year-over-year in the second quarter to $24 million. Fioptics' performance helped drive up Q2 2013 wireline revenue to $182 million and helped to "partially mitigate" the effect of the drop in landline voice revenues due to the loss of 11,400 local voice access lines.
- see our coverage
- and the earnings release
- more Cincinnati Bell news

Consolidated Communications (Nasdaq: CNSL)
Consolidated Communications bucked the seasonal second quarter broadband slowdown trend as its data, video and Internet service revenues rose to $68.2 million. During the quarter, the telco added 2, 956 broadband, 956 data, and 1,608 video customers. It ended the quarter with a total of 251,306 data and 109,083 video connections.
- see our coverage
- and the earnings release
- more Consolidated news

Telus (NYSE: TU)
Canadian provider Telus saw operating revenues of $2.74 billion U.S., an approximate 6 percent increase over the same period a year ago, and net income of $277.6 million. Its adjusted earnings per share were 53 cents, up from the year-ago EPS of 47 cents. The provider added 31,000 TV subscribers, a 25 percent jump to total 743,000, and gained 13,000 high-speed Internet customers, a 6 percent increase to total 1.36 million subs. The boost was partially offset by continuing legacy wireline attrition.
- see the earnings release
- more Telus news 

tw telecom (Nasdaq: TWTC)
The service provider saw revenue grow to $389.5 million in the second quarter, a rate of 2.2 percent sequentially and 6.9 percent year-over-year. Enterprise, data and Internet revenue all saw growth. However, intercarrier compensation revenue fell to 2 percent, a step-down that will have a $2 million impact on its second half earnings, the provider said. tw telecom reported net income of $17.3 million, or 12 cents basic EPS.
- see the earnings release
- more tw telecom news

Windstream (Nasdaq: WIN)
Windstream reported that a rise in both business and consumer revenues were major factors in helping to increase revenues sequentially by $6 million to $1.51 billion and offset legacy wholesale and consumer declines.
- see our coverage
- and the earnings release
- more Windstream news

Aug. 13

Alteva (NYSEMKT:ALTV)
Alteva, a competitive unified-communications-as-a-service (UCaaS) provider, continued to find that its emphasis on cloud-based services was a highlight of their Q2 earnings as unified communications revenues jumped 21 percent year-over-year to $3.9 million.
- see our coverage
- and the earnings release

Aug. 14

Cisco (Nasdaq: CSCO)
Cisco may have reported a positive fourth quarter with revenues rising 6.2 percent year-over-year to $12.4 billion, but the company's CEO John Chambers said that the market is not recovering fast enough and it will have to cut costs.
- see our coverage
- and the earnings release
- more Cisco news 

Sept. 4
Ciena (Nasdaq: CIEN)
Ciena's converged packet optical systems segment was a key factor in its fiscal year Q3 2013 earnings mix, rising to $302 million. Overall FY Q3 2013 revenue was $538.4 million. The company reported that its net loss for the fiscal third quarter 2013 was $1.2 million, or 1 cent per common share, which compares to a GAAP net loss of $29.8 million, or 30 cents per common share, for the fiscal third quarter 2012.
- see our coverage
- and the earnings release
- more Ciena news

Wireline telecom earnings in the second quarter of 2013
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