3Q earnings

AT&T CEO John Stankey (pictured) predicted its annual wireless revenue growth to come in at the higher end of a forecast 4.

True Group booked a sharp increase in net profit for the third quarter on one-off items and pointed to the mobile sector as the growth driver, despite falling ARPU. Net profit jumped to THB2. 88 billion ($95.

South Korean operators’ financial reports for Q3 showed broadly similar trends: healthy year-on-year profit and subscriber gains, but continued declines in mobile revenue as ARPU weakened further.

Spotify users who pay a monthly fee for its advert-free music streaming service stood at 87 million at end-Q3, a 40 per cent year-on-year increase, as it retained its lead ahead of Apple Music’s 43. 5 million paid users.

MTN Group’s quarterly earnings were boosted by a strong performance in Nigeria, as the company confirmed it remains committed to floating its unit in the country despite facing a fresh bout of controversy.

Sprint became the only US operator to record a decline in wireless service revenue during calendar Q3 (the operator’s fiscal Q2), but slashed its net loss compared to the same period in 2016.

Verizon touted improving wireless service revenue trends, despite the figure dropping 5. 1 per cent year-on-year in Q3, as operating income and EBITDA at the mobile business remained largely flat. The operator generated $15.