Skyworks Solutions (SWKS) generated an unexpectedly high sales revenue of $956.8 million in the fourth fiscal quarter of 2020, the wireless chipmaker revealed in its earnings report.
While analysts projected earnings of $1.52 per share (resulting in total revenue of $842.4 million), Skyworks managed to achieve a revenue of $1.85...
Italy's antitrust regulator announced recently that it will be officially launching a probe into a technical and distribution deal between sports streaming app DAZN and Telecom Italia, in which DAZN secured the rights to screen Italian Serie A soccer matches over the next three seasons for a 2.5 billion...
Messaging platform WhatsApp finds itself in hot water with users worldwide, following its decision to update its privacy policy that enables it to share users’ data with Facebook and other properties owned by the group.
This update has led to a vast amount of mistrust within several of WhatsApp’s leading...
In an auction over 5G airwaves across the United States, bidding has exceeded $76.5 billion, making it the most expensive auction to be run by the Federal Communications Commission to date. The auction, which began last month, started out with 57 potential bidders.
With the bidding war already reaching new...
With the European Union's sights set on rolling out 5G across its 27 member states, the body will need to invest €300 billion ($355 billion) into its telecommunications infrastructure by 2025, a study by consulting firm BCG found. Commissioned by telecoms lobbying group ETNO, BCG performed its study at...
French conglomerate Bouygues SA announced on Saturday that it will be buying Equans, the services unit of energy giant Engie SA. The purchase, worth 7.1 billion euros ($8.2 billion), is one of the largest deals in France this year. This is also the largest acquisition to be completed by...
British multinational telecommunications company BT reported a 3% rise in its first-quarter adjusted earnings late last week, attributing this increase to improved trading across its businesses. This comes after the company reported 1.87 billion pounds ($2.61 billion) in adjusted core earnings on total revenue of 5.07 billion pounds ($7.06...
Spanish telecom company Telefonica plans to sell their mobile phone masts. Owned by its Telxius division in both Europe and Latin America, they’ll be selling it to American Towers for a whopping 7.7 billion euros, which is the equivalent to approximately $9.41 billion.
The 30,000 mobile phone masts included in...
Private messaging app Signal was restored to full functionality on Saturday after the platform experienced some downtime when it was flooded by waves of new users. This was due to many consumers deciding to use Signal after WhatsApp decided to introduce a monumental change in its privacy policy regarding...