Tag: revenue

Networks & Systems

Google Cloud revenue jumps 45% but profit still elusive

October 27, 2021

Via: Fierce Telecom News

Alphabet’s Google Cloud unit posted strong year-on-year sales growth in Q3 2021, but remained in the red despite nearly halving its operating loss. Google Cloud revenue rose 45% in the quarter to $4.99 billion, up from $3.44 billion in Q3 […]


Pareteum Announces Full Year 2019 Financial Results with Revenues of $62M, an Increase of $42M

March 12, 2021

Via: PR Newswire

Pareteum Corporation (OTC Pink Open Market: TEUM), a global cloud platform-as-a-service (CPaaS) company, achieved another significant milestone today with the announcement of its full-year 2019 financial results and restated first and second quarter financial results for 2019. The Company expects […]

Internet, Modern Media

Avaya Turns Corner on Cloud

November 23, 2020

Via: No Jitter

Avaya’s Q4 FY20 numbers, released last week, show continued positive momentum — as has been the case for all of 2020. Under CEO Jim Chirico and fueled by the transition to software and the cloud, the company finally appears to […]

Networks & Systems

Amazon Web Services cranks out $11.6 billion in third quarter revenue

October 30, 2020

Via: Fierce Telecom News

Driven in part by digital transformations related to Covid-19, Amazon Web Services reported $11.6 billion in Q3 revenue, which was an increase of almost 29% from the same quarter a year ago. While parent company Amazon posted solid Q3 numbers […]


FinancialForce Increases Productivity for Five9, Resulting in Millions in Added Revenue

August 17, 2020

Via: Telecom Reseller

SAN FRANCISCO, CA – August 11, 2020 – FinancialForce, provider of the only modern ERP suite and the #1 professional services automation (PSA), today announced that call-center software leader Five9 saved more than 300,000 hours of non-billable time and gained […]


Cisco implements restructuring plan, including layoffs, as stock tumbles after hours

August 13, 2020

Via: Fierce Telecom News

Cisco saw its stock drop by as much as 6% in after hours trading Wednesday night following its Q4 earnings report. On Thursday, Cisco’s stock slid by more than 11%, which put it on track for the worst day since […]

Networks & Systems

Partnership ecosystems: Where innovation meets new revenue (Reader Forum)

June 30, 2020

Via: RCR Wireless News

Now more than ever, we’re seeing more collaboration in the telecoms industry. Instead of working against each other, the industry is coming together to boost the pace of innovation. This is seeing tangible successes, with many associations and ecosystems forming […]

Modern Media, Unified communications

Telecom Environment & Business Impact: 6 Evaluation Points

May 7, 2018

Via: Telecom Reseller

Does your telecom environment positively impact business results? Is the impact measurable and replicable? These are questions that every technology and business leader wants to validate and affirm. The challenge, though, is discerning how business impact will be evaluated. Every […]

Editorial, Local area networks and wide area networks

How does IoT benefit its adopters’ revenue?

October 11, 2016

Via: Andy Melman

This summer’s Vodafone Internet of Things’ (IoT) Barometer Report shed some light over the way IoT adoption does influence revenue growth for businesses. Looking at the way 74 percent of the Americas’ businesses view IoT as being critical for remaining […]

Unified communications, Worldwide equipment

AT&T broadband sub losses, narrowing margins may highlight Q3 report, Wells Fargo says

October 5, 2016

Via: Fierce Telecom News

AT&T will announce its third-quarter results on Oct. 25 and at least one analyst firm is predicting broadband subscriber losses will be a part of it. In a new research note, Wells Fargo analyst Jennifer Fritzsche said she expects AT&T […]