Wireless in the first quarter of 2016

How did the wireless industry perform in the first quarter of 2016? Check here throughout the first-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.

And don't forget to check out our third quarter 2009, fourth quarter 2009, first quarter 2010, second quarter 2010, third quarter 2010, fourth quarter 2010, first quarter 2011, second quarter 2011, third quarter 2011, fourth quarter 2011, first quarter 2012, second quarter 2012, third quarter 2012, fourth quarter 2012, first quarter 2013, second quarter 2013, third quarter 2013, fourth quarter 2013, first quarter 2014, second quarter 2014, third quarter 2014, fourth quarter 2014, first quarter 2015, second quarter 2015, third quarter 2015, and fourth quarter 2015 wrap-up pages.

Finally, make sure to check out FierceTelecom's look at the first quarter season for the wired telco providers, and FierceCable for a look at the cable industry in the first quarter.

April 20
Qualcomm (NASDAQ:QCOM)

Dish Network (NASDAQ: DISH)
Dish Network executives were predictably opaque during Wednesday's earnings call regarding the company's plans to leverage its spectrum assets. So analysts continue to speculate about what the spectrum is worth, who might eventually use it and how.
- see this article
- see this transcript

April 21
Verizon (NYSE: VZ)
Verizon continued to emphasize its ongoing strategies of targeting high-end wireless subscribers and expanding into media and advertising during its first-quarter earnings call Thursday. But it also pointed out recent cost-cutting efforts, underscoring the increasingly competitive landscape of the U.S. mobile market.
- see our coverage
- and the earnings release

Ericsson (NASDAQ: ERIC)
Ericsson shares plunged after the telecom gear vendor fell short of first-quarter expectations and announced a major restructuring. Ericsson said net profit rose 49 percent year over year to $242.6 million, but revenue fell 2 percent and gross operating profit margin sank from 35.4 percent last year to 33.3 percent during the latest quarter.
- see this article

Microsoft (NASDAQ: MSFT)
Microsoft's mobile business suffered through another brutal quarter as the company sold only 2.3 million Lumia handsets, down from 8.6 million during the prior year. That marks a 73 percent plunge in Lumia sales year-over-year and follows the 57 percent drop Microsoft endured during the final quarter of 2015.
- see this article
- see this release

Alphabet (NASDAQ: GOOG)

April 26
AT&T's strategy to target high-end customers was underscored in its first-quarter earnings, which included a net loss of 215,000 postpaid phone subscribers but a notable increase in wireless service margins. And the company continued to find success with its unlimited wireless plans, which are available only to DirecTV subscribers.
- see this article
- read this release

Apple posted surprisingly sluggish first-quarter results, shipping only 51.2 million iPhones compared to 61.2 million units shipped a year prior. Revenues and profits both fell short of analysts' expectations, and the company suffered its first year-over-year revenue slide since 2003. 
- see this article
- read this release

T-Mobile's first-quarter earnings topped elevated expectations, beating Wall Street estimates almost across the board. The carrier also bumped up its guidance for the rest of the year. And it shored up its financing in advance of the crucial incentive auction of 600 MHz spectrum.
- see this article
- see this release

April 27
Facebook (NASDAQ: FB)

April 28
Samsung posted the fastest quarterly profit growth in its mobile business in nearly three years, cementing its status as the world's top smartphone vendor following Apple's disappointing quarter. But LG and Sony continued to struggle as growth in the worldwide handset market slows to a crawl.
- see this article

April 29
América Móvil (TracFone)
Shares of America Movíl plunged nearly 12 percent last week after the carrier posted a disappointing quarter including a 17 percent year-over-year decline in EBITDA. The company lost 458,000 U.S. customers during the quarter, primarily under its TracFone and SafeLink brands, and its U.S. revenue of $1.8 billion was down 3.3 percent from the prior year.
- see this article
- see this release

May 3
Sprint (NYSE: S)
It turns out T-Mobile US wasn't the only major U.S. wireless carrier to see positive growth in net postpaid phone customers in the latest quarter after all. Sprint said it scored 22,000 postpaid phone net additions in the quarter, marking its third consecutive quarter of positive growth.
- see this article
- see this release

May 6
U.S. Cellular (NYSE:USM)
Shares of U.S. Cellular plummeted after the carrier fell well short of expectations in its quarterly earnings. The nation's fifth-largest mobile operator posted first-quarter revenue of $958 million, below the $972.2 million expected by three analysts surveyed by Zacks Investment Research, according to the AP.
- see this article
- see this release

May 10
Nokia (NYSE:NOK)

Wireless in the first quarter of 2016

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SoftBank is selling off its T-Mobile stock through a public offering and former Sprint CEO Marcelo Claure is taking on 5 million shares.

The proposed job cuts target R&D and central functions at Nokia’s Paris-Saclay and Lannion sites in France, according to a Nokia spokesperson.