Monday, September 11, 2017

Exclusive of Verizon Communications, Which Had a Huge Gain on Business Disposition in the 2Q 2017 and Also Huge One-Time Net Earnings Charges in the 2Q 2016, the Remaining 14 US Telephone and Radio Telephone Communications Companies 2Q 2017 Total Earnings Were $4.322 Bil, Up a Robust 13% From the $3.816 Bil Total Earnings in the 2Q 2016, Driven Mainly By T-Mobile and By Sprint, and to a Somewhat Lesser Extent By AT&T

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 15 Telephone and Radio Telephone Communications Companies (SEC Standard Identification Codes 4812 and 4813) headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 15 largest US Telephone and Radio Communications Companies.






Calendar Calendar






2Q 17 2Q 16



Calendar US GAAP US GAAP Net Net


Most
2Q 17 Net Net Income Income
US Telephone and Radio Communications (SIC 4812-3) City State Recent
Month Income Income Better Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %










Verizon Communications New York NY Dec16
June17         4,478            831         3,647 439%










All 14 Excluding Verizon Communications








AT&T Dallas TX Dec16
June17         4,014         3,515            499 14%
T-Mobile US Bellevue WA Dec16
June17            581            225            356 158%
Sprint Overland Park KS Mar17
June17            206           (302)            508 NM
Level 3 Communications Broomfield CO Dec16
June17            154            156               (2) -1%
Centurylink Monroe LA Dec16
June17              17            196           (179) -91%
Telephone & Data Systems Chicago IL Dec16
June17              12              32             (20) -63%
United States Cellular Corp Chicago IL Dec16
June17              12              27             (15) -56%
Vonage Holdings Holmdel NJ Dec16
June17                5                0                5 NM
GTT Communications Inc McLean VA Dec16
June17                1                0                1 NM
Shenandoah Telecommunications Edinburg VA Dec16
June17               (0)               (7)                7 NM
Consolidated Communications Holdings Mattoon IL Dec16
June17               (3)                0               (3) NM
Straight Path Communications Glen Allen VA Jul16
Apr17               (6)               (2)               (4) NM
General Communication Inc Anchorage AK Dec16
June17               (9)                3             (12) NM
Frontier Communications Corp Norwalk CT Dec16
June17           (662)             (27)           (635) NM










Total all 14 Excluding Verizon Communications




        4,322         3,816            505 13%