telecoms

Key Takeaways: Comba Telecom lost money in the first half of the year as China’s three wireless carriers continued to cut spending on their 5G networks The telecoms equipment supplier said its financial position “remains sound,” even as it canceled its final dividend last year...

The U.S. telecommunications industry is experiencing a volatile period following a detailed investigation conducted by the Wall Street Journal revealing that telecom companies, such as AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Telephone and Data Systems Inc. (NYSE:TDS),...

T-Mobile US Inc. (NASDAQ: TMUS) on Monday suffered a widespread outage across the United States, disrupting connectivity across cellular networks. What Happened According to an outage tracker Downdetector, complaints started pouring in around 12:30 PM ET and continue through press time. T...

A judge has approved the long-sought merger of T-Mobile US Inc. (NASDAQ: TMUS) and Sprint Corporation (NYSE: S). Here's what to know about the deal marrying the third- and fourth-largest cell carriers in the United States. The Deal T-Mobile, the larger carrier, paid Sprint shareholders $26.5...

China’s largest internet search provider Baidu Inc (NASDAQ: BIDU) reported its earnings for the third quarter that ended on Sept. 30. What Happened The company posted revenue of $3.9 billion in the quarter, with $1.76 non-GAAP earnings per share. This is a slight increase from its...

Sprint Corp (NYSE: S) reported mixed fourth-quarter results, with what one analyst called “better than feared” earnings, but the company continued to reinforce the Street’s impression that it’s just hanging on until it can complete its pending $26-billion merger with T-...

The Justice Department has reportedly told T-Mobile Us Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) their planned merger likely wouldn’t be approved as currently structured. What To Know The Wall Street Journal reported Tuesday that staff from the DoJ’s antitrust division expressed...

The first-quarter reporting season is done and dusted. And the tidings were mostly positive, evident from the strong run up in the major averages since the commencement of the first quarter reporting season, which is generally early-to-mid April. Market Warms To Reporting Season Since April 10,...

Straight Path Communications Inc (NYSE: STRP), a holder of an extensive portfolio of 39 GHz and 28 GHz wireless spectrum license and developer of next generation wireless technology, confirmed Thursday morning it has agreed to be acquired by Verizon Communications Inc. (NYSE: VZ) in a deal which...

Perhaps due to the sector's bond-like qualities, a disadvantage at a time when investors widely expect te Federal Reserve to boost interest rates, the telecom sector is lagging this year. For example, Dow component Verizon Communications Inc. (NYSE: VZ) is lower by more than 6 percent year-to-...

Telecom shares have come under pressure after Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) warned that third quarter results would be "significantly lower" than the expected levels. The Swedish firm pointed out weak demand for mobile broadband, particularly in markets where there were weak macro-...

Liquid Telecom, a privately owned, pan-African telecoms group, majority owned by Econet Wireless Global, said it has agreed to acquire South African communications network operator Neotel for ZAR6.55 billion (about $428 million USD), according to a recent Forbes piece. Liquid Telecom is partnering...

Last year, Verizon Communications Inc. (NYSE: VZ) announced that it was planning to launch a 5G network in 2017, years earlier than anyone had expected. Perhaps the most shocking part of Verizon's announcement was the fact that none of the company's rivals jumped at the chance to...

Verizon Communications (NSYE: VZ) will have to spend a lot of money if it wants to keep video-loving customers happy. The Wall Street Journal reports the telecom will have to spend hundreds of millions of dollars to keep its 4G network running at top speed. The biggest problem facing Verizon...