Core Viewpoint - The company reported a 5% year-on-year earnings growth in Q3 2025, aligning with estimates despite slower service revenue growth, and is increasing CAPEX investment to capitalize on the demand for domestic IP AI cloud services [1][3]. Financial Performance - Q3 2025 earnings rose by 5.3% year-on-year to RMB 5.5 billion, with stable EBITDA and margin compared to the previous year [1]. - Service revenue increased by 0.2% year-on-year to RMB 83.3 billion, while depreciation and amortization costs decreased by 3.4% year-on-year to RMB 20.1 billion [1]. - The decline in depreciation costs is attributed to stringent CAPEX spending over the last two years, marking a reduction for the last eight quarters [1]. Investment and R&D - The company is focusing on key technologies such as next-gen Internet, Big Data, artificial intelligence, and cybersecurity, leading to a 5.9% year-on-year increase in R&D expenses [2]. - CAPEX for Cloud and computing power in 2025 is expected to rise by 28% year-on-year to RMB 18 billion, driven by aggressive price competition in the market [3]. Market Outlook - The 2025 General Purpose Server centralized tender was announced for approximately RMB 6 billion, with vendors offering discounts of 30-40% compared to list prices [3]. - The company maintains a target price of HK$ 15.02, with projected cloud revenue of RMB 82.3 billion and group EBITDA of RMB 105.29 billion, sustaining a 2x P/S for cloud and 2.8x EV/EBITDA [3].

Core Insights - Nokia has extended its long-term partnership with VNPT to upgrade and expand radio infrastructure across Vietnam, focusing on enhancing digital connectivity in key regions [1][9] - The agreement includes the deployment of Nokia's AirScale portfolio, which utilizes energy-efficient technology to improve connectivity and reduce power consumption [2][9] - The upgrade aims to enhance mobile coverage quality, particularly in border regions and economic hubs, supporting Vietnam's economic growth and digital inclusion goals [3][5] Summary by Sections Partnership and Agreement - The new agreement marks a significant step in advancing Vietnam's digital connectivity, particularly in the Hanoi area, border provinces, and the southern region [1][9] - VNPT's CEO emphasized the importance of this partnership in strengthening Vietnam's telecommunications infrastructure and meeting the growing connectivity needs [5] Technology and Implementation - Nokia will deploy its AirScale equipment, which is designed to deliver premium connectivity, low latency, and enhanced network capacity while being energy-efficient [2][6] - The scope of the agreement includes comprehensive network management services to ensure optimal performance and reliability [2] Economic and Social Impact - The upgrade is expected to significantly improve access to telecommunications and digital services for people and businesses across multiple provinces, contributing to Vietnam's socio-economic development [3][6] - Nokia's commitment to establishing Vietnam as a manufacturing hub for AirScale equipment in 2024 will create new economic opportunities and strengthen regional supply chains [4]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. T-Mobile US, Inc. (NASDAQ:TMUS) stock dropped slightly after it released its third-quarter results on Thursday. Earnings Detail T-Mobile reported quarterly earnings of $2.41 per share, which beat the analyst consensus estimate of $2.39. Quarterly revenue came in at $21.96 billion, which exceeded the Street estimate of $21.92 billion and is up from the revenue of $20.16 billion reported for the same period ...

Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

The Tel Aviv Stock Exchange rose today after strong gains in a late rally. The Tel Aviv 35 Index rose 0.63% to 3,199.10 points, the Tel Aviv 125 Index rose 0.69% to 3,277.02 points; and the BlueTech Global Index rose 0.23% to 581.57 points. The All Bond corporate bond index rose 0.09% to 418.85 points. Turnover totaled NIS 3.07 billion in equities and NIS 5.90 billion in bonds. On the foreign exchange market, the representative shekel-dollar rate was set 0.334% higher from Wednesday, at NIS 3.309/$, and t ...

Core Insights - Rogers Communication reported $3.88 billion in revenue for Q3 2025, a 3.3% year-over-year increase, with an EPS of $0.99 compared to $1.04 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $3.84 billion by 1.16%, and the EPS surprised by 7.61% against the consensus estimate of $0.92 [1] Financial Performance - The company’s stock has returned +7.8% over the past month, outperforming the Zacks S&P 500 composite, which changed by +0.2% [3] - Currently, the stock holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3] Key Metrics - Postpaid mobile phone gross additions were 385 thousand, surpassing the average estimate of 378.29 thousand [4] - Total postpaid mobile phone subscribers reached 10.96 million, slightly above the average estimate of 10.93 million [4] - Postpaid churn was reported at 1%, better than the average estimate of 1.2% [4] - Total Home Phone subscribers were 1.42 million, slightly below the average estimate of 1.43 million [4] - Prepaid mobile phone gross additions were 149 thousand, below the average estimate of 165.01 thousand [4] - Cable subscriber net additions were 20 thousand, exceeding the average estimate of 9.78 thousand [4] - Retail Internet net additions were 29 thousand, above the average estimate of 22.51 thousand [4]

Core Insights - AT&T Inc. reported operating revenues of $30.71 billion for its fiscal third quarter, a 1.6% increase year-over-year, but below analyst expectations of $30.87 billion [1] - Adjusted earnings per share (EPS) were $0.54, matching analyst consensus estimates [1] Consumer Wireline Segment - The company expanded its fiber optic footprint, adding 288,000 AT&T Fiber net subscribers and 270,000 AT&T Internet Air net additions [2] Management Commentary - John Stankey, AT&T Chairman and CEO, emphasized the company's strategy and customer acquisition, stating that AT&T is on track to meet its 2025 consolidated financial guidance [3] Analyst Reactions - Barclays analyst Kannan Venkateshwar maintained an Equal-Weight rating on AT&T, lowering the price target from $30 to $28 [6] - RBC Capital analyst Jonathan Atkin maintained an Outperform rating, reducing the price target from $31 to $30 [6]

New Verizon Home Internet Lite brings a reliable, affordable internet option to more communities starting at just $25/month with a limited-time offerNEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Verizon Home Internet is expanding to more communities across the country. Today, people have more options with the introduction of a new affordable Home Internet Lite plan aimed at helping connect customers with limited connectivity options or those on the hunt for a low-cost option. This new offering expands Verizon ...

Q3 2025 Results October 23, 2025 1 Cautionary note The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.'s (Rogers) investor conference call on October 23, 2025. Certain statements made in this presentation, including, but not limited to, statements relating to expected future events, financial and operating results, guidance, including our 2025 consolidated guidance on total service revenue, adjusted EBITDA, capital expenditures, a ...

Core Insights - Rogers Communications reported strong financial performance in Q3 2025, with significant growth in wireless and media segments, alongside improved customer loyalty and reduced churn rates [1][4][5] Wireless Segment - Wireless service revenue reached CAD 2.1 billion, with adjusted EBITDA of CAD 1.4 billion, reflecting a 1% increase [5] - The company added 111,000 mobile phone subscribers, including 62,000 postpaid and 49,000 prepaid, with a year-to-date total of 206,000 additions [5] - Postpaid churn decreased to 0.99%, the lowest in over two years, contributing to a wireless margin of 67% [5][29] - Equipment revenue increased by 9% due to higher device upgrades [27] Cable Segment - Cable revenue grew by 1% to CAD 1.981 billion, driven by retail Internet subscriber growth [55] - The adjusted EBITDA margin for the cable segment improved to 58%, up 70 basis points [30] - Retail Internet net additions were 29,000, with a total of 78,000 new subscribers year-to-date [5] Media Segment - Media revenue surged by 26% to CAD 753 million, bolstered by the success of the Toronto Blue Jays and the consolidation of MLSE results [28][66] - Adjusted EBITDA for the media segment decreased by 45% to CAD 75 million, primarily due to seasonal impacts from MLSE [30][66] - The company anticipates pro forma media revenue for 2025 to be approximately CAD 4 billion, with adjusted EBITDA of CAD 0.25 billion [5][25] Financial Performance - Total revenue for the quarter increased by 4% to CAD 5.348 billion, with total service revenue also up by 4% [6][26] - Net income rose significantly to CAD 5.808 billion, largely due to a non-cash gain from the MLSE transaction [31] - Free cash flow for the quarter was CAD 829 million, down 9% from the previous year [32] Strategic Developments - The company completed the acquisition of a 37.5% stake in MLSE for CAD 4.7 billion, increasing its ownership to 75% [12][13] - Rogers launched satellite-to-mobile text messaging services, expanding its coverage significantly across Canada [5][10] - The company is exploring options to unlock additional value from its sports assets, including potential minority interest sales or public offerings [14]