Telecom & 5G · Week of Nov 2, 2026
Q3 results lead, Verizon-Ericsson automate RAN: the week in telecom
Third-quarter results dominated the week, with TELUS, TDS, Ceragon and Chunghwa Telecom reporting, alongside a Verizon-Ericsson RAN automation deal.
Earnings made up most of the week's telecom news. TELUS reported a net loss of $660 million driven by an $800 million goodwill impairment tied to TELUS Health and announced an efficiency program targeting about $900 million in annualized cash savings exiting 2028. TDS lowered TDS Telecom's 2026 revenue guidance while raising expected capital expenditures and authorizing an incremental $250 million buyback. Chunghwa Telecom says its results exceeded the high end of its guidance, with revenue up 16.7%, and Ceragon reported revenue up 11.7% and updated its full-year outlook.
Outside earnings, Verizon and Ericsson expanded their collaboration on AI-based radio access network automation, with a nationwide rollout of the Ericsson Intelligent Controller planned this year. Ceragon broadened its wireless portfolio by agreeing to act as a global solution provider for RADWIN's sub-6 GHz products. TELUS also named two new directors, and Applied Optoelectronics disclosed inducement equity grants.
TELUS Corporation
TELUS Reports Third Quarter 2026 Results, Demonstrates Continued Discipline in Core Telecom; Advances Transformation Strategy
TELUS reported a third quarter 2026 net loss of $660 million, or $0.42 per share, driven by an $800 million pre-tax, non-cash goodwill impairment related to TELUS Health, with Adjusted EBITDA down 5 per cent to $1.8 billion. The company announced an efficiency program targeting approximately $900 million in annualized cash savings exiting 2028, reaffirmed full-year 2026 guidance and said it is prioritizing the monetization of TELUS Health and TELUS Agriculture & Consumer Goods to reduce debt.
Telephone and Data Systems, Inc.
TDS reports third quarter 2026 results
Telephone and Data Systems reported third quarter 2026 operating revenues from continuing operations of $306.7 million, compared with $308.5 million a year earlier, and its Board authorized an incremental $250 million share repurchase plan. TDS Telecom lowered its 2026 revenue guidance to $990 million to $1,010 million and raised expected capital expenditures to approximately $750 million, while Array reported site rental revenue growth of 14% and reaffirmed its guidance.
Ceragon Networks Ltd.
Ceragon Reports 2026 Third Quarter Financial Results
Ceragon Networks reported third-quarter 2026 revenue of $95.5 million, up 11.7% year over year, with GAAP net income of $2.4 million and gross margin of 36.0%. The company updated its 2026 revenue outlook to $365 million to $375 million and said demand in India remained healthy despite continued significant supply constraints.
Chunghwa Telecom Co., Ltd.
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Third Quarter of 2026
Chunghwa Telecom reported un-audited third-quarter 2026 total revenue up 16.7% to NT$ 67.59 billion and net income attributable to stockholders of the parent up 29.5% to NT$ 12.22 billion, which it says exceeded the high end of its guidance, helped by a one-off gain from asset revitalization. The company says enterprise ICT revenue rose 19% and IPLC revenue, mainly from submarine cable systems, rose 33%.
Ceragon Networks Ltd.
Ceragon Expands its Multi-Vendor Wireless Portfolio with Sub-6 GHz Solutions, Strengthening its End-to-End Connectivity Offering
Ceragon Networks said it will serve as a global solution provider of RADWIN's sub-6 GHz wireless access offerings, adding them to its microwave and millimeter-wave portfolio and selling them through its global sales organization and channel partners. Ceragon says it is developing a multi-vendor network management strategy, with target applications including business broadband, video surveillance, industrial connectivity and critical infrastructure.
TELUS Communications Inc.
TELUS Appoints Marc Allera and Bill Thomas to Board of Directors
TELUS said its Board approved the appointments of Marc Allera, former CEO of EE and BT Group's Consumer Division, and Bill Thomas, former Global Chair and CEO of KPMG International, effective January 1, 2027. According to the release, Board Chair John Manley said the two bring experience relevant to network investment, customer focus and capital allocation.
Ericsson
Verizon and Ericsson partner to transform AI-native Autonomous Networks
Verizon and Ericsson announced an expanded collaboration on AI in radio access network automation, with Verizon planning to roll out the Ericsson Intelligent Controller nationally this year and deploy additional rApps. The companies say field deployment of closed-loop optimization rApps provided gains of up to 8.9% on downlink data radio bearer throughput and that the work will advance Verizon's network autonomy toward L4.
APPLIED OPTOELECTRONICS, INC.
Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan
Applied Optoelectronics said its Compensation Committee granted inducement awards for 1,346 shares of common stock to 3 new employees under its 2023 Equity Inducement Plan, with a grant date of November 2, 2026. The restricted stock units vest over four years, and the disclosure was made pursuant to Nasdaq Listing Rule 5635(c)(4).
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not InfoWeb PR reporting.