telecom

As Verizon Communications Inc (NYSE:VZ) and AT&T Inc (NYSE:T) prepare to release their third quarter earnings, the stage is set for a head-to-head clash between the two telecom giants. Verizon reports Tuesday with analysts expecting $1.18 EPS and $33.43 billion in revenue, while AT&T...

Several European telecom companies, including Vodafone, Telefonica, and Orange, are considering legal action against Elon Musk's SpaceX if the Federal Communications Commission (FCC) relaxes radio emission rules for its Starlink system. What Happened: European telecom giants have expressed their...

Verizon Communications Inc (NYSE:VZ) inked a new Enterprise Infrastructure Solutions (EIS) deal with the National Labor Relations Board (NLRB), an independent federal agency that focuses on the rights of private sector employees. Under the $4 million contract, Verizon will reconfigure and upgrade...

Telephone And Data Systems, Inc (NYSE:TDS) reported second-quarter fiscal 2024 revenues of $1.238 billion, against the analyst consensus estimate of $1.240 billion. Revenues slumped 2% year-on-year.  The company reported a loss of 13 cents, inline with the analyst consensus...

AT&T Inc (NYSE:T) shares have been volatile this week after the company reported fiscal second-quarter 2024 results with operating revenues of $29.8 billion. The telecom slightly missed the $29.9 billion analyst estimate, and an adjusted EPS of $0.57, in line with expectations. Despite the...

In a bid to expand their businesses, Japanese telecommunications giants Nippon Telegraph and KDDI Corp. are venturing into space. They plan to build high-speed wireless networks in the stratosphere to link the Earth and the moon. What Happened: NTT, Japan’s largest telecom carrier, announced...

In a surprising turn of events, the Indonesian telecom industry has expressed its concerns over the entry of Elon Musk‘s Starlink into the country, calling for a temporary halt to the company’s services. What Happened: The Indonesia Internet Service Provider Association has urged the...

Crown Castle Inc. (NYSE: CCI) co-founder Ted Miller wants the telecommunications infrastructure company to fetch up to $15 billion by selling its fiber assets. To expedite the sale process, Miller is proposing to join the Crown Castle board of directors. However, Crown Castle’s board...

AT&T (NYSE:T) has successfully resolved a nationwide service outage that left its customers without access to calls, texts, and data for a full day. The carrier also denied rumors of a cyber attack, stating that an internal error caused the outage. What Happened: AT&T has officially...

A major cellular outage has swept across the U.S., causing service disruptions across telecom providers, including AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ) and T-Mobile US Inc. (NASDAQ:TMUS). What Happened: More than 51,000 outage incidents were recorded with AT&T’s...

In a landmark achievement, SpaceX‘s Starlink said it had successfully transmitted and received text messages using T-Mobile‘s (NASDAQ:TMUS) network spectrum through their new direct-to-cell satellites. What Happened: The achievement, as disclosed by Starlink, occurred on Monday, a mere...

T-Mobile US Inc. (NASDAQ:TMUS) is gearing up to change the benefits of one of its long-standing perks — the free Netflix Inc. (NASDAQ:NFLX) bundle. What Happened: T-Mobile’s long-standing ‘Netflix On Us’ perk, which offered ad-free Netflix to its customers, will start featuring...

DISH Network Corp (NASDAQ: DISH) reported a fourth-quarter FY22 revenue decline of 9.2% year-on-year to $4.04 billion Thursday, missing the consensus estimate of $4.15 billion. The net decrease primarily resulted from the decline in revenue from its Wireless and pay TV segments...

AT&T Inc. (NYSE: T) is likely to outpace Verizon Communications Inc. (NYSE: VZ) over the next few months, according to Raymond James. The AT&T Analyst: Frank Louthan upgraded AT&T from Outperform to Strong Buy while maintaining a $24 price target.  Related Link: AT&T Is...

As we enter the third-quarter earnings season, many investors will be analyzing stocks for future trades. After posting its third-quarter earnings on Thursday, shares of AT&T surged over 10%, as the company beat its earnings estimates by over 11%.  Shares of Verizon fell to...