Latest news with #telecommunications
Yahoo
9 minutes ago
- Business
- Yahoo
Moose Networks Charges Into New Territory with Acquisition of Capalon and Binfone Telecom Customer Base
Chicago VoIP Leader Expands Its Herd Through Strategic Acquisition from Voxology CHICAGO, July 23, 2025--(BUSINESS WIRE)--Moose Networks, the Chicago-based VoIP provider making tracks in telecommunications, announced it has closed the acquisition of Capalon and Binfone Telecom's customer base from Voxology. This represents a homecoming for Moose Networks CEO Justin Newman, founder of Binfone Telecom. "We're thrilled to welcome these customers into the Moose Networks family," said Justin Newman, CEO of Moose Networks. "Having founded Binfone, this feels less like an acquisition and more a reunion. We're ready to show these customers why joining our herd is a moose-t have experience!" The acquisition strengthens Moose Networks' position in the competitive VoIP market and demonstrates the company's commitment to growth through strategic partnerships. "We're pleased to have found such a strong home for the Capalon and Binfone Telecom customers," said Sam Melvin, President of Voxology. "Moose Networks' track record of customer service excellence and Justin's deep understanding of these businesses made them the ideal acquirer. We're confident these customers will thrive under Moose Networks' leadership." The acquisition includes all existing customer contracts and relationships, with Moose Networks committed to ensuring a seamless transition. The company plans to enhance offerings with their signature blend of cutting-edge technology and customer-first approach. "This isn't just about adding numbers to our customer base," Newman added. "It's about bringing together communities that share our vision for what VoIP services should be – reliable, innovative, and dare we say, a-moose-ing to work with. About Moose Networks Moose Networks is a Chicago-based VoIP provider dedicated to delivering enterprise-grade telecommunications solutions with a personal touch. Founded on the principle of a "no bull moose" approach to business, the company provides customers with innovative voice solutions. For more information, visit About Voxology Voxology's telecommunications platform powers everything from the Fortune 500 to growing SaaS startups in industries like Healthcare, Financial Services, Retail, Utilities, and Education. Solutions include emergency alerts, appointment reminders, conferencing, telecom stress testing, IVR and contact center monitoring, SIP trunking, and multi-factor authentication. Voxology pairs cost-effective services with exceptional support to make the greatest customer experience in the industry and is helping its customers do the same. To learn more about Voxology, please visit View source version on Contacts Media Contact: Justin NewmanMoose Networksjustin@ 312-620-6155 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
AT&T Tops Financial Estimates, But Internet Subscriber Growth Falls Short
AT&T (T) beat second-quarter financial estimates on Wednesday morning, as it added more monthly phone customers but fewer internet subscribers than analysts had forecast. The telecommunications giant reported adjusted earnings per share of $0.54 for the quarter, while revenue came in at $30.8 billion, each just above what analysts had projected, per Visible Alpha estimates. AT&T added 401,000 net postpaid phone customers, well above the analyst consensus of about 292,500, and 243,000 net AT&T Fiber internet subscribers, which was weaker than the analyst consensus. The internet, cell service, and cable TV provider said it now expects mobility service revenue to grow by 3% or more this year, up from 2% to 3% previously, with fiber internet revenue forecast in the mid- to high teens rather than the prior mid-teens growth estimate. The company's adjusted EPS projection of $1.97 to $2.07 stayed the same. AT&T said it expects to see $6.5 billion to $8 billion in tax savings by the end of 2028 because of the Trump administration's recently signed tax and spending law. The company said it plans to use the savings to fund its pension plan and speed up the pace of its fiber internet buildout. Shares were down 3% shortly after Wednesday's report. They entered the day up 20% since the start of this year. AT&T's revenue and phone subscriber additions topped estimates last quarter, while profits and internet customer growth fell short. Earlier this week, Verizon beat estimates and narrowed its full-year outlook by raising the bottom end of its adjusted EPS growth projection. Another cell service rival, T-Mobile (TMUS), is scheduled to report its own second-quarter results after the market closes Wednesday. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
4 hours ago
- Business
- National Post
1GLOBAL Establishes New Amsterdam Headquarters and Strengthens Governance
Article content AMSTERDAM — 1GLOBAL, a technology-driven global mobile communications provider, has established its headquarters in Amsterdam while significantly strengthening its governance framework. These strategic moves position the company for accelerated growth in the global mobile virtual network operator (MVNO) and global mobile virtual network enabler (MVNE) space. Article content 'We are thrilled to establish Amsterdam as our official headquarters and welcome our new Board members to 1GLOBAL' – Hakan Koç, founder and Board member of 1GLOBAL Article content The establishment of 1GLOBAL Holdings B.V. as the new group's holding company, effective 27 June 2025, represents a decisive step in streamlining the company's structure and a key milestone of its global expansion strategy. The Amsterdam headquarters positions 1GLOBAL at the centre of the European Union's telecommunications regulatory environment while capitalising on the Netherlands' business-friendly climate and deep talent pool. Article content 1GLOBAL has expanded its Board effective 27 June 2025, which previously comprised Dr. Hannes Ametsreiter as Non-Executive Director, as well as founders Hakan Koç and Pyrros Koussios, who will continue to run the company in their executive roles within the Group. Article content Dr. Hannes Ametsreiter has now been appointed Chairman of the Board. In addition, Marc van Campen, Andrin Bachmann, and Roy van Leeuwen have joined as Non-Executive Directors. Andrin Bachmann will also serve as Chair of the Audit Committee, with Dr. Hannes Ametsreiter and Pyrros Koussios as additional members. Article content The enhanced governance structure reflects 1GLOBAL's evolution from startup to a major global tech player leveraging telecom innovations like eSIM technology to scale rapidly. The expanded board configuration—led by telecommunications veteran Dr. Hannes Ametsreiter as Chairman—demonstrates 1GLOBAL's commitment to leveraging industry expertise while maintaining its technology-first approach. Article content Dr. Hannes Ametsreiter, an Austrian national, has served as Non-Executive Director of 1GLOBAL since August 2023 and brings 27 years of experience in the tech and telecommunications industry. He is a Board Member of Nordic and Baltic telco company Telia. Previously, Dr. Ametsreiter was CEO of Vodafone Germany from 2015 to 2022 and a member of Vodafone's Global Executive Committee for over six years. He also served as Group CEO of Telekom Austria Group from 2009 to 2015. He holds a PhD in Communication Sciences from the University of Salzburg, Austria. Marc van Campen, a Dutch national, is an Attorney-at-Law and Tax Advisor. He has been a Partner at Dutch law firm Van Campen Liem since 2012, advising clients in the VC, PE, and technology sectors. Previously, he was a Partner at international law firm Baker & McKenzie for over 14 years. He holds a master's degree in law from the University of Amsterdam. Andrin Bachmann, a Swiss and British national, has been a Partner at venture capital and growth equity firm Piton Capital since 2009. He brings extensive Board experience at both private and public companies in the technology and telecommunications sector. Earlier in his career, he was a co-founder at Glocalnet AB, a leading residential telecommunications provider in Sweden. He holds a master's degree in computer science from the Swiss Federal Institute of Technology (ETH Zürich). Roy van Leeuwen, a Dutch national, brings over 17 years of experience in the technology and e-commerce sectors. Previously, he was Vice President Group and Managing Director Benelux at AUTO1 Group for over nine years and served as Executive Director of the Board of Directors of AUTO1 European Cars B.V. from 2016 to 2022. He holds an MBA from INSEAD Business School and a master's degree in systems engineering, policy analysis & management from Delft University of Technology. Article content Hakan Koç, founder and Board member of 1GLOBAL, commented: 'We are thrilled to establish Amsterdam as our official headquarters and welcome our new Board members to 1GLOBAL. Amsterdam is one of our most important European hubs, so we are delighted to call it our legal home as well. The expertise and experience our new Board members bring from the telco and tech sectors will be invaluable as we continue to accelerate 1GLOBAL's international growth and empower our clients worldwide to unlock the full growth potential of mobile connectivity.' Hannes Ametsreiter, Chairman of 1GLOBAL, commented: 'I am very happy to take on the role of Chairman at 1GLOBAL. As it pursues its mission to transform the global telco sector, I'm committed to supporting the company in its next chapter of growth and look forward to working closely with my fellow Board members and the talented 1GLOBAL team. Having dedicated almost my entire professional life to shaping the future of the industry, I firmly believe 1GLOBAL plays a transformational role in our sector that will benefit incumbents, tech and other industries, and most importantly: clients. Its globally leading, proprietary tech stack will turbo-charge the future of mobile communications. 1GLOBAL is a growth enabler in a telecoms market that is full of opportunities for new and established players.' About 1GLOBAL: Leading Digital Transformation in Telecommunications 1GLOBAL is a technology-driven global mobile communications provider dedicated to empowering enterprises worldwide to unlock the full growth potential of mobile connectivity. With a best-in-class telecom technology platform, a comprehensive suite of globally viable regulatory licenses, and privileged access to the telecom wholesale market, 1GLOBAL is uniquely positioned to deliver seamless compliance and connectivity solutions. Serving the world's leading banks, corporations, and digital-first businesses—including neo-banks, travel companies, and payment service providers—1GLOBAL connects over 60 million devices globally. Article content With full-year revenue exceeding US$100 million in 2024 and expected to approach US$200 million in 2025, 1GLOBAL is a profitable business generating significant cash flows to fund its ongoing investments in infrastructure, transformation, and growth. 2024 saw major client wins and marked 1GLOBAL's evolution from a multi-market telecommunication provider to a global technology-driven mobile connectivity powerhouse. Article content Established in 2022 by experienced tech founders and entrepreneurs Hakan Koç and Pyrros Koussios, 1GLOBAL is a European technology leader driving digital transformation in the global telecommunications market. It operates as a fully regulated Mobile Virtual Network Operator ('MVNO') in 10 countries and as a regulated telecommunications operator in an additional 31 countries. Headquartered in the Netherlands, with world-class R&D hubs in Lisbon, Berlin, and São Paulo, 1GLOBAL employs almost 450 experts across 13 countries. 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Wall Street Journal
7 hours ago
- Business
- Wall Street Journal
Podcast: Stocks Edge Higher as Earnings Season Ramps Up
More than 100 companies in the S&P 500 are set to report earnings this week. Plus: Verizon shares advanced after the telecommunications giant raised its annual forecast. 🎧 Listen: Danny Lewis hosts the Minute Briefing podcast.
Yahoo
11 hours ago
- Business
- Yahoo
$160 B in RAN Before 6G, According to Dell'Oro Group
Basecase is for RAN to Stay Flat REDWOOD CITY, Calif., July 23, 2025 /PRNewswire/ -- According to a newly published forecast report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, 5G has come a long way, but there is more work ahead. Worldwide Radio Access Network (RAN) revenues, excluding services, are projected to stay flat and reach $160 B in cumulative revenue over the 2025-2029 forecast period. "After two consecutive years of steep declines that wiped out nearly $9 B of RAN equipment revenues globally, it is encouraging that market conditions are now stabilizing," said Stefan Pongratz, Vice President for RAN market research at Dell'Oro Group. "At the same time, we should not get too excited and assume a swift recovery. Market conditions can fluctuate over the short term, partly due to the asynchronous nature of new technology deployments. However, these ebbs and flows don't alter the fundamentals that shape the long-term trajectory," continued Pongratz. Additional highlights from the Mobile RAN 5-Year July 2025 Forecast Report: Worldwide RAN revenues, excluding services, are projected to grow at a -1 percent CAGR over the next five years, as rapidly declining LTE revenues will offset continued 5G investments. New technologies/architectures such as Open RAN, Cloud RAN, and AI RAN will play an important role going forward. But they are not expected to expand the RAN market. The flat baseline scenario implies upside risks if non-traditional RAN growth vehicles— including FWA, private wireless, public safety/mission critical, and MBB expansion to support changing end user requirements—accelerate the market more than expected. As the investment focus gradually shifts from coverage to capacity, one of the most significant downward risks is slowing mobile data traffic growth. Should mobile data traffic growth decelerate more than anticipated, and operators transition into a maintenance mode following the completion of 5G coverage, capex-to-revenue could decline more sharply than currently projected. 5G-Advanced positions remain unchanged. The technology will play an essential role in the broader 5G journey. However, 5G-Advanced is not expected to fuel another major capex cycle. Instead, operators will gradually transition their spending from 5G towards 5G-Advanced within their confined capex budgets. RAN segments that are expected to grow over the next five years include 5G NR, FWA, mmWave, Open RAN, vRAN, private wireless, small cells, Massive MIMO, and AI RAN. About the ReportDell'Oro Group's Mobile RAN 5-Year Forecast Report offers a complete overview of the RAN market by region – North America, Europe, Middle East & Africa, Asia Pacific, China, and Caribbean & Latin America, with tables covering manufacturers' revenue and unit shipments for 5G NR, 5G NR Sub 7 GHz, 5G NR mmW, and LTE base stations. The report also covers Open RAN, Virtualized RAN, small cells, and Massive MIMO. To purchase this report, please contact us by email at dgsales@ About Dell'Oro GroupDell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit View original content to download multimedia: SOURCE Dell'Oro Group
