Verizon Communications (VZ) is expected to report Q2 earnings before market open Monday, July 28, with a conference call scheduled for 8:30 am ET. GuidanceAnalysts are looking for EPS of 65c on revenue of $24.19B. The consensus range is 63c to 70c for EPS, and $23.9B to $24.47B for revenue, [...]

Kevin Maney writes: Hats off to Netflix CEO Reed Hastings. Over and over, he seems to make smart tweeks to the company's tactics at the right times. And in his highly competitive, rapidly-shifting business of providing content for the home, Netflix once again reported growing earnings. It's not exactly exploding [...]

Strong wireless growth continued to boost AT&T Inc.’s quarterly profits during the second quarter of 2008. (T)[...]

Bahrain Telecommunications Company (Batelco) posted a 15.1% year-on-year fall in second-quarter net profit to BHD23.37 million (USD61.99 million), as rising costs and a drop in non-core earnings offset higher revenues from foreign and domestic telecoms operations. Group turnover in the three months ended 30 June rose 17.9% to BHD82.38 million. [...]

Filipino mobile operator Digitel Philippines, which trades under the banner Sun Cellular, said it reached the 6.5 million mark for subscribers at the end of June, with monthly net additions totalling around 500,00 per month in 2008. The company has set itself a target of ten million subscribers by the [...]

Three of Mexico’s telecoms operators have reported second quarter results today. Fixed line telco Axtel posted a 38% rise in net profit to MXN240 million (USD23 million) for the three months ended 30 June 2008, up from MXN174 million a year ago. Revenue fell 6% to MXN2.93 billion. Axtel claimed [...]