From AT&T to Verizon: Sizing up Q4 Broadband 2020 Earnings 

The fourth-quarter 2020 earnings reporting season has begun, and Broadband Communities is tracking how key players in the wireline broadband industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.

  • earnings update

Jan. 26

Verizon
Verizon sees Fios internet subscribers rise as more customers work from home and conduct home schooling during the COVID-19 pandemic. 
- see our coverage

Jan. 27

AT&T

AT&T adds 1 million fiber broadband subscribers in 2020. As AT&T hits FTTH milestone, the provider sets plans to deepen penetration in existing and new markets. 
- see our coverage

Corning
Corning’s Optical Business revenues rise 7 percent on strong carrier and enterprise sales. Fiber manufacturer expects segment to grow in 2021 as customers increase optical network investments.
- see our coverage

Jan. 28

Comcast
Comcast added 538,000 net new broadband customers and delivered Adjusted EBITDA growth of over 12 percent. For the year, Comcast added 2 million new high-speed internet customer net customers.
- see our coverage

Jan. 29

Charter
Charter sees broadband gains again, adding 246,000 subscribers in the fourth quarter and 2.2 million for the year. 

- see our coverage

Feb. 4

ADTRAN
ADTRAN sees growth in its Tier-2 and Tier-3 service provider segments in the U.S. and a solid increase in fiber deployments in Europe. 

- see our coverage

Feb.9

Cisco
Cisco’s saw its mission to transform itself into a software and service subscriptions with an increase in security and software revenue continue to take hold in its second-quarter. But its core infrastructure business continued to see struggles.
- see our coverage

Ting/Tucows
Ting Fiber adds 2,800 new addresses and 5,100 serviceable addresses with FTTH during the fourth quarter.
- see our coverage

Feb. 10

Altice USA 
Altice USA covered nearly 1 million homes with FTTH technology available for service during the fourth quarter. 
- see our coverage

Lumen
Lumen passed an additional 400,000 homes with fiber to now reach 2.4 million homes, up from 2 million at the end of 2019. 
- see our coverage

Feb. 17

CommScope
CommScope saw mixed results in the fourth quarter. While Broadband Networks sales rose 17.3 percent year-over-year to $789.3 million, it saw softer results in its Home Networks and Outdoor Wireless Networks segments.

- see our coverage

Feb. 19

TDS Telecom
TDS Telecom reported revenues increased 1 percent to $173 million, largely driven by the strong growth in residential revenues, which increased 8 percent due to growth from broadband and video connections.

- see our coverage

Feb. 25

Consolidated Communications
Consolidated reported during the fourth quarter that it grew broadband revenue 2.8 percent, representing the seventh consecutive quarter of year-over-year broadband revenue growth.

- see our coverage

Shentel
Driven by 31 percent growth in its tower business and 5.4 percent in Broadband, Shentel’s total revenue grew 6.7 percent to $220.8 million.

- see our coverage

Feb. 26

MasTec

March 1

Uniti

March 3

Dycom

March 4

Ciena

TBA
Frontier Communications

 

 

 

 

Comments

Read what others have to say, and share your own thoughts with the community.

2000 characters remaining
Advertisement

© 2021 Broadband Properties, LLC

Privacy Policy

Web Design and Web Development by Buildable