telecom

The year-long wait for T-Mobile Us Inc (NASDAQ: TMUS) to receive regulatory approval to acquire rival Sprint Corp (NYSE: S) ended Friday. What Happened T-Mobile proposed to acquire Sprint in April 2018 and the regulatory process has been stick in limbo since then. On Friday, the U.S. Department of...

Nokia Oyj (NYSE: NOK) traded higher Thursday morning after reporting a top- and bottom-line second-quarter earnings beat. What Happened Nokia said it earned 0.05 euros per share in the second quarter on revenue of 5.69 billion euros ($6.34 billion) versus expectations of 0.02 euros per share and 5....

Shares of Sprint Corp (NYSE: S) gained more than 6% Wednesday morning after The Wall Street Journal reported the U.S. Justice Department could approve its pending merger with T-Mobile Us Inc (NASDAQ: TMUS). What Happened T-Mobile and Sprint reached a merger agreement in April of 2018 and the deal...

Verizon Communications Inc. (NYSE: VZ) CEO Hans Vestberg spoke with CNBC's Julia Boorstin from the sidelines of the Allen & Co. Conference in a conversation touching on issues affecting the telecom space. Competition In 5G Verizon was the first telecom company in the world to dive into 5G,...

Media and telecom giant AT&T Inc. (NYSE: T) gave a name to its new streaming video service on Tuesday: HBO Max, The Wall Street Journal reported Tuesday.  What Happened WarnerMedia, a division of AT&T, will launch its HBO Max service to consumers next year at $14.99 a...

The pending merger between telecom companies T-Mobile Us Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) could take a step closer to finalizing, Wells Fargo's Jennifer Fritzsche told CNBC Friday. What Happened The T-Mobile and Sprint merger remains stuck in the regulatory process, but...

Telecom and media giant AT&T Inc. (NYSE: T) is rumored to be looking at selling off its sports networks to help trim as much as $8 billion of debt, Bloomberg's Nabila Ahmed said on Tuesday's "Bloomberg Markets: The Close." What Happened AT&T is likely looking to sell...

Cable One Inc (NYSE: CABO) has continued to acquire cable systems and should be able to close its latest acquisition of Fidelity Communications at the start of of the fourth quarter, according to KeyBanc Capital Markets. The Analyst Brandon Nispel maintained an Overweight rating on Cable One and...

AT&T Inc. (NYSE: T) has attractive cash flow and dividend yields and is upbeat on its wireless business, according to Bank of America Merrill Lynch.  The Analyst David Barden maintained a Buy rating on AT&T with a $37 price target. The Thesis After meeting David Christopher, the...

New York Attorney General Letitia James and California Attorney General Xavier Becerra filed a multistate lawsuit with eight other state attorneys general Tuesday to block the proposed $26-billion merger of telecom giants T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S). “When it comes to...

Short seller Wolfpack Research issued a negative report Thursday on the telecom and technology company GTT Communications (NYSE: GTT). The telecom is over-levered and has a "fundamentally broken" business that conceals a lack of organic growth and cash flow using non-GAAP...

Frontier Communications Corporation (NASDAQ: FTR) will sell its operations and all associated assets in Washington, Oregon, Idaho and Montana to WaveDivision Capital, LLC in partnership with Searchlight Capital Partners, LLC for $1.352 billion in cash, the company announced Wednesday....

T-Mobile Us Inc (NASDAQ: TMUS)'s proposed $26.5-billion acquisition of rival telecom company Sprint Corp (NYSE: S) has yet to receive approval and the two companies are now considering potential concessions to please regulatory authorities, Bloomberg reported. What Happened T-Mobile and Sprint...

Phoenix-based cable company Cable One Inc (NYSE: CABO) announced Monday that it's buying Fidelity Communications' data, voice and video business assets in a $525.9-million cash deal.  What Happened Fidelity, a family-owned cable operator based in Sullivan, Missouri, has a network...

Although AT&T Inc. (NYSE: T) may continue to suffer subscriber losses at its DIRECTVNOW segment, the impact is already reflected in the company’s shares, Raymond James said Friday.  The prospects of earnings growth and a strong de-levering story are likely to lend upside to shares...