N. America network spending, revenue up

November 10, 2005

Telecommunications operators in North America have invested more and profited more from wireless networks, a research group said Thursday.

London-based Ovum-RHK, which specializes in the information-technology sector, found in its latest report that in the third quarter ended Sept. 30, North American network operators saw revenue from mobile operations rising 15 percent from a year ago to $30.24 trillion, while capital expenditure increased by 10 percent to $4.83 trillion.

Meanwhile, wireline revenues dipped 2 percent to $45.82 trillion even though capital expenditure for wirelines increased by 14 percent to $6.78 trillion.

"These are bang-up results," Ovum-RHK Vice President for Forecasting John Lively said in a news release. He added that the group anticipates "full year 2005 mobile (capital expenditure) to come in 20 over the 2004 level."

He also said that wireline spending is up despite no significant change in revenue trends, reflecting the commitment of operators to invest money in new revenue-generating services. The completion of the AT&T-SBC and MCI-Verizon mergers should also spur investment, as both AT&T and MCI had cut back during the merger process.

Copyright 2005 by United Press International

Explore further: Samsung unveils $10 bln share buyback with Q3 profit surge

Related Stories

Samsung profit at record high on smartphone boost

April 26, 2013

Samsung Electronics Co. said Friday its first quarter profit jumped to a record high as smartphone sales remained strong despite the April launch of an updated version of its flagship Galaxy phone.

Samsung's 2Q profit record high but below forecast

July 26, 2013

(AP)—Samsung Electronics reported a record-high profit for a sixth straight quarter but still disappointed investors who had higher expectations for the world's largest smartphone maker.

Cooperation needed to resolve deficit

June 29, 2011

The federal government has routinely operated with a budget deficit for many years, but that practice has become a bad habit, according to a Kansas State University public budgeting expert.

Study: Era of rapid growth in biomedical research over

January 12, 2010

After a decade of remarkable growth, total annual funding for biomedical research in the U.S. has decelerated and may have even fallen when adjusted for inflation. That is the conclusion of a study today published in the ...

Toshiba to spend big on chips, nuclear power

May 11, 2010

(AP) -- Toshiba Corp. unveiled an ambitious three-year agenda Tuesday, aiming to quadruple profits and spend $14 billion to amplify its strengths in semiconductors and nuclear power.

Recommended for you


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.