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Nokia Reports Q1 Loss

ESPOO, April 25 -- Nokia issued its interim report for Q1 2019. RAJEEV SURI, PRESIDENT AND CEO, ON Q1 2019 RESULTS Q1 was a weak quarter for Nokia. We expected that it would be, and the outcome has ... Read More


Amazon Reports $7.7B AWS Net Sales 1Q 2019, Up 41% Annually

SEATTLE, April 25 -- Amazon.com, Inc. today announced financial results for its first quarter ended March 31, 2019. Operating cash flow increased 89% to $34.4 billion for the trailing twelve months, ... Read More


Verizon: Fully Virtualized 5G Core to Launch in 1 to 2 Years

India, April 25 -- Verizon is planning to launch a fully virtualized 5G network core in the next one to two years, a move that the operator said will shift its 5G NR deployment from a "non standalone"... Read More


Viacom Nets Coming to fuboTV

NEW YORK, April 25 -- Viacom Inc. (NASDAQ: VIAB, VIA) and fuboTV today announced a carriage agreement that will extend Viacom's global portfolio of premier entertainment brands to fuboTV's live TV str... Read More


Juniper Foresees Service Provider Gloom

India, April 25 -- Juniper is struggling in the service provider market, and doesn't foresee a comeback soon, CEO Rami Rahim said on the company's Q1 call Thursday. Service providers are facing busin... Read More


T-Mobile: 5G Launch in 2H19 Should Double LTE Speeds

India, April 25 -- T-Mobile's CTO said that the operator expects to be able to roughly double the speeds it currently provides on its 600MHz LTE network when it switches on 5G services in the latter p... Read More


Eurobites: BT Considers Offers for Irish Unit

India, April 25 -- Also in today's EMEA regional roundup: Vodafone and Orange expand network-sharing agreement in Spain; Telia's soft start to the year; Telecom Italia claims speed supremacy. BT is l... Read More


Nokia Suffers 5G Blues in Q1, Stock Slumps

India, April 25 -- Nokia suffered a setback at the start of 2019, experiencing what its CEO and CFO described as a "weak" financial quarter, the severity of which took investors and analysts by surpri... Read More


Rackspace Names Third CEO in Two Years

India, April 25 -- Managed cloud services company Rackspace has named its third CEO in two years, tapping Kevin Jones as the new boss. If you haven't heard of Jones, don't feel bad. He hasn't come fr... Read More


Podcast: Sprint, T-Mobile Merger Madness, Ominous Signs for Omniverse

India, April 25 -- The Omniverse saga is quite possibly more dramatic than most of the pay-TV programs it distributes. Light Reading Senior Editor Jeff Baumgartner joins us to revisit the saga of Omn... Read More