From AT&T to Verizon: Sizing up Q3 Broadband 2021 Earnings 

As the telcos, cable operators and vendors get ready to release their third-quarter earnings results, check in with Broadband Communities for relevant coverage and analysis. 

  • Broadband Applications

The third quarter 2021 earnings reporting season is upon us, 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. Also, make sure to check out our second-quarter reports on the top broadband playerstelcos and cable operators.

Here's a list of the upcoming earnings reports from the top service providers, vendors and integrators in the broadband industry segment. 

Oct. 20

Verizon
Verizon reported third-quarter broadband revenues of $2.98 billion as it added an additional 98,000 new Fios internet customers. 

Oct. 21

AT&T
AT&T's fiber bets continued to pay off in the third-quarter as the telco added another 289,000 new fiber broadband customers to end the quarter with $2.3 billion in broadband revenues. 

Oct. 27

Corning 
Corning reported that its optical communications division's revenues rose to $1.13 billion.

Oct. 28

Comcast
Comcast continued its broadband roll into the third quarter, adding 300,000 new subscribers with $5.8 billion in broadband revenues. 

Consolidated Communications
Buoyed by ongoing fiber network upgrades, Consolidated reported third-quarter consumer broadband revenue was $68.6 million, up 2.1 percent. 

Shentel
Shentel reported third-quarter revenue grew 12.8 percent to $62.2 million, due to 14.2 percent broadband segment growth.  

Oct. 29

Charter
While Charter may have missed analyst broadband growth expectations, the cable MSO still was able to deliver another 265,000 new subscribers and $5.4 billion in broadband revenue during the third-quarter. 

Oct. 30

Cisco
Cisco reported first-quarter revenue of $12.9 billion.

Oct. 31

Dycom
Dycom reported contract revenues rose 6.6 percent on an organic basis to $854.0 million for the third quarter 2022.

Nov. 1

ADTRAN
ADTRAN reported third-quarter revenue was $138.1 million on what it said was record-setting bookingsup 43 percent year-over-year.

Nov. 3

Lumen
Lumen reported that third-quarter total revenue was $4.9 billion, compared to $5.167 billion for the third quarter 2020.

Nov. 4

Altice USA
Altice USA saw total third-quarter revenue grow 5.8 percent year-over-year to $2.57 billion, driven by residential growth of 2.2 percent year-overyear. The cable MSO also saw business services grow 21.7 percent.

CommScope 
CommScope reported that third-quarter net sales dropped three percent year-over-year. The company attributes the decline to “ongoing challenges associated with the global supply chain disruption, increased costs of materials and freight, and semiconductor chip shortage occurring across our industry and broader economy.” 

MasTec
MasTec reported third-quarter 2021 revenue rose 42 percent year-over-year to $2.4 billion.

TDS Telecom
Telephone and Data Systems, the parent company of TDS Telecom, reported total operating revenues of $1.32 billion for the third quarter of 2021.

Ting/Tucows
Tucows, the parent company of Ting Internet, reported third-quarter net revenue was $75.9 million. The company said the increase was the result of growth in revenue from the Fiber Internet Services and both Mobile Platform Services and Other Professional Services under the new MSE model.

 

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