telecom

AT&T Inc (NYSE:T) has made a prudent decision to prioritize capital investments that would power its long-term growth, according to RBC Capital Markets. The AT&T Analyst: Analyst Jonathan Atkin maintained an Outperform rating and price target of $31. The AT&T Thesis: The Dallas-based...

BofA Securities analyst Michael J. Funk reinstated coverage with a Buy rating on T-Mobile US Inc (NASDAQ:TMUS) and separate company notes. The telecom industry is often viewed as homogeneous. Still, Funk noted that AT&T (NYSE:T), rated as a Buy with a price target of $32; T-Mobile, rated...

NSFW content platform OnlyFans is seeking a tantalizing $8 billion price tag. Leonid Radvinsky‘s Fenix International, the UK-based parent company, is chatting with a consortium led by U.S. investment firm Forest Road Company. The group includes Disney and TikTok alum Kevin Mayer, because...

Scotiabank analyst Maher Yaghi upgraded T-Mobile US (NASDAQ:TMUS) from Sector Perform to Sector Outperform and raised the price target to $277.50 from $275. The stock traded higher Wednesday following the call. Despite earlier fears of a slowdown in the U.S. wireless market, recent earnings from...

After reporting a “greatest growth year ever” as described by its president and CEO, Mike Sievert, T-Mobile US Inc. (NASDAQ:TMUS) highlighted how its Starlink Satellite connectivity aided the victims of California wildfires. The company also boasted about its continuing 5G network...

The Sixth Circuit Court of Appeals officially pulled the plug on net neutrality. What Happened: On Jan. 2, the court ruled that the Federal Communications Commission lacks legal authority to reclassify broadband as a "telecommunications service" under Title II of the Communications Act. Instead, a...

Nine U.S. telecom firms have been hacked as part of a Chinese-linked hacking campaign dubbed Salt Typhoon as of Friday, top White House official Anne Neuberger said. What Happened: Earlier this month, the Biden administration said that at least eight telecommunication companies have been affected...

Top executives from the U.S. telecom industry and national security officials gathered at the White House to address concerns over a Chinese cyber-espionage campaign targeting high-ranking U.S. political figures. What Happened: Chinese hackers managed to breach major U.S. telecom providers to...

A major cyber-espionage operation linked to Chinese intelligence has reportedly infiltrated T-Mobile US Inc. (NASDAQ:TMUS) and other telecom giants, including rivals AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ) suffered a similar breach, raising significant national security...

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...