Who did well in wireless in Q3 2016?

Wireless in the third quarter of 2016

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

And don't forget to check out our wrap-up pages for the fourth quarter of 2015, and the first and second quarters of 2016.

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

Sept. 28
BlackBerry (NASDAQ:BBRY)
BlackBerry CEO John Chen said the company will exit the smartphone manufacturing business after posting a net quarter loss of $372 million. The onetime king of phones for the mobile enterprise will outsource manufacturing of its handsets, honing its focus on software development and licensing.
- see this article
- see this release (PDF)

Oct. 20
Verizon (NYSE: VZ)
Verizon posted a 6.7 percent decrease in quarterly revenue as its core smartphone business fell short of analysts’ expectations in an increasingly competitive environment. Which once again illustrates why the nation’s biggest carrier is so eager to expand into digital media, the IoT and other markets.
- see this article
- read this press relea

Oct. 21
Ericsson (NASDAQ: ERIC)
Shares of Ericsson continued to slide after the venerable gear vendor said waning sales in North America contributed to a $26 million quarterly loss.
- see this article
- check this press release

Oct. 23
AT&T's focus on targeting high-end users at the expense of less lucrative customers was once again highlighted during the latest quarter as the operator lost 268,000 net postpaid subs but saw its wireless service margin increase to a best-ever 50.1 percent. The carrier bumped up its earnings release by a few days due to the blockbuster announcement of its proposed acquisition of Time Warner Inc. for $85.4 billion.
- read this story
- see AT&T's press release

Oct. 24
T-Mobile (Nasdaq: TMUS)
The third-largest operator in the nation once again led its rivals in net postpaid phone adds, posting 851,000 new customers during the quarter. T-Mobile also raised its 2016 guidance for both subscriber growth and adjusted EBITDA, leading some analysts to speculate it may once again be ripe for a merger or acquisition in 2017.
- read this article
- see T-Mobile's press release

Oct. 25
Sprint (NYSE: S)
The No. 4 carrier in the U.S. saw 347,000 net postpaid phone adds during the quarter, and its net loss of $142 million was a marked improvement over the $585 million net loss it posted during the year-prior period. But analysts still question whether Sprint can maintain its much-improved network performance as its capex spending continuously falls shy of expectations.
- see this report
- read Sprint's press release

Oct. 25
Apple in its latest quarterly report showed a slight decline in iPhone shipments when compared with its performance during the same quarter a year ago: 45.5 million iPhone sales versus 48 million last year. The iPhone maker also has somewhat lackluster expectations for the holiday shopping quarter: Apple expects to make $76 billion to $78 billion in revenue by the end of December, which would represent a slight increase from the $75.9 billion it made during the same period a year ago. 
- see this article
- read the press release

Oct. 27
Samsung released results that were largely in line with the company’s warnings, showing declines in revenues and profits largely stemming from its decision to cease production of its Galaxy Note 7 amid reports of the device unexpectedly exploding. Looking ahead to the fourth quarter, the company expects earnings to improve year-over-year driven by strong performance in the components business.
- see this article
- read the press release

Oct. 27
Google executives indicated the company would likely continue to become more involved in the hardware side of its operations, an indication that Google could release additional phones and other devices into the wireless industry following the release earlier this month of its Pixel smartphones. The company’s parent Alphabet reported a 27 percent increase in third-quarter profit, driven largely by the company’s successes in monetizing advertisements on its mobile platforms including search and YouTube.
- see this article
- see this earnings release

Oct. 27
Nokia (NYSE:NOK)
Nokia reported a 6 percent decline in sales and warned that waning demand for wireless-network equipment will continue to weigh on revenue this quarter. Third-quarter sales fell to $6.5 billion, led by a 12 percent drop in network revenue. Earnings of 4 cents a share were in line with predictions.
- see this Bloomberg article
- see this Nokia earnings report (PDF)

Oct. 28
América Móvil (TracFone)
America Movil’s U.S. MVNO, TracFone, reported rising revenues and subscriber numbers in the third quarter, mostly due to the 1.2 million prepaid customers the Mexican telecommunications company purchased from T-Mobile in August. TracFone’s U.S. subscriber base grew from 25.3 million in the previous quarter to 26.5 million in the third quarter. ARPU reached $22 during the quarter, an increase from the prior year’s quarter, and its churn rose to 4.3 percent.
- see this article
- see the press release

Nov. 2
Qualcomm (NASDAQ:QCOM)
Qualcomm’s latest quarter shows the company has regained its footing in China after paying a fine of roughly $1 billion last year to conclude a licensing probe. But it will likely have to grow its business in younger emerging markets to maintain its pace over the next few years.
- see this article
- see the press release 

Nov. 2
Facebook (NASDAQ: FB)
Mobile advertising helped drive soaring profits for Facebook as the company’s third quarter far surpassed analysts’ expectations. The social media giant reported $7.01 billion in revenue and $1.09 earnings per share, outpacing estimates of $6.92 billion and 97 cents. Revenue skyrocketed 56 percent year-over-year to $7 billion, and quarterly profit nearly tripled to $2.38 billion.
- see this article
- see the press release (PDF)

Nov. 4
U.S. Cellular (NYSE:USM)
U.S. Cellular reported $17 million in net income and a profit of 20 cents per share, shy of the average forecast of 23 cents per by four analysts surveyed by Zacks Investment Research, according to the Associated Press. But the company posted revenue of $1.01 billion, topping analysts’ estimates in the range of $985 million.
- see this article
- see the press release

Nov. 9
Dish Network (NASDAQ: DISH)