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Apple Supplier Pegatron Joins Hands With Microsoft For 5G Private Networks: Report
Wednesday, October 6, 2021 - 3:57am | 429Taiwan-based Pegatron Corp, a key Apple Inc (NASDAQ: AAPL) supplier, is joining hands with Microsoft Corp (NASDAQ: MSFT) to deploy 5G private networks as it looks to tap new growth opportunities amid a maturing smartphone market, Nikkei Asia reported on Tuesday. What Happened: The...
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Is Now The Time To Buy These 6 Undervalued Communication Services Stocks?
Tuesday, August 31, 2021 - 1:12pm | 962The communication services sector has stayed hot throughout a volatile year of trading in 2021. In fact, year-to-date, the Communication Services Select Sector SPDR Fund (NYSE: XLC) has a total return of 26.8% compared to a total return of 21.7% for the SPDR S&P 500 ETF Trust (NYSE: SPY...
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AT&T Is Heading Toward A Key Support Level: Could It Bounce Soon?
Tuesday, August 24, 2021 - 1:14pm | 340AT&T Inc. (NYSE: T) shares are trading down Tuesday, pushing lower back toward support. There looks to be no evident company news to explain the drop in share price. The stock was trending throughout the day on social media sites. AT&T was down 0.31% at $27.44 at last check...
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What's Next As Nokia Sees Strong Earnings?
Thursday, July 29, 2021 - 5:30pm | 310Nokia Oyj (NYSE: NOK) shares are trading higher Thursday after the company reported better-than-expected second-quarter sales results. The stock posted sales of 5.31 billion euros, beating the estimate of 5.16 billion euros. Earnings per share were 9 euro cents, beating the estimate of 4 euro...
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BofA On Telefónica: 3 Meaningful M&A Catalysts
Friday, May 14, 2021 - 12:47pm | 264The first-quarter results released by Telefonica S.A. (NYSE: TEF) suggest diminishing currency headwinds and easing COVID-19 comps from the second quarter should benefit the company’s organic growth recovery, according to BofA Securities. The Telefonica Analyst: David Wright maintained a Buy...
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Vodafone And Google To Jointly Develop Cloud Data Services
Sunday, May 2, 2021 - 2:28pm | 333Vodafone and Google plan to develop a system called "Dynamo" that will be able to extract and transport data across different countries. What Happened: Vodafone Group PLC (NASDAQ: VOD) and the cloud division at Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google...
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Why BofA Analyst is Bullish About AT&T Stock After Earnings Report
Thursday, April 22, 2021 - 2:10pm | 264AT&T Inc. (NYSE: T) reported its first-quarter revenues and earnings ahead of expectations. The focus of the results was on wireless subscriber growth, given the company’s better-than-expected net additions in the quarter, according to BofA Securities. The AT&T Analyst: David Barden...
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AT&T Reportedly In Talks To Sell Piece Of DirecTV To Private Equity Firm
Saturday, January 23, 2021 - 10:51am | 254AT&T Inc. (NYSE: T) could be about to make a move that would make income investors happy. What Happened: Reuters reports, citing people familiar with the matter, that AT&T and Texas-based private equity firm TPG are in exclusive talks over a deal for TPG to buy a minority stake in DirecTV....
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Altice USA's $8.4B Sweetened Takeover Bid Not Sweet Enough For Cogeco Owners
Monday, October 19, 2020 - 2:18am | 419Canadian telecom firm Cogeco Communications Inc’s (OTC: CGEAF) owners — the Audet family — rejected an enhanced hostile takeover attempt by Altice USA, Inc (NYSE: ATUS) on Sunday. What Happened: Louis Audet, the executive chairman of Cogeco, in a statement said that the...
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The Top 5 Business Phone Services of 2020 Compared
Tuesday, June 2, 2020 - 9:30am | 1470In 2020, business phone services go far beyond having an office PBX installed. Powered by Voice-over-Internet-Protocol (VoIP) technology, business telephony suites now include a multitude of options, from video conferencing to voicemail-to-email features. With the VoIP market predicted to double to...
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How Stable Are Their Networks? AT&T And Verizon Set To Release Q1 Earnings
Tuesday, April 21, 2020 - 2:33pm | 2518We go through many life changing events but not too many shift the dynamics of the general global population as much as the COVID-19 pandemic. With businesses and schools closed, events cancelled, and “shelter-in-place” orders, there’s been a significant uptick in the dependence...
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Earnings Showdown: Telecom Giants AT&T And Verizon Battle It Out Amid 5G Rollout
Friday, January 24, 2020 - 3:25pm | 1888For telecom companies, this year is all about 5G, the next generation of mobile broadband that promises exponentially faster upload and download speeds. Companies in this sector all want a slice of the 5G pie, making the race to 5G a competitive playing field. It’s much more than phones and...
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Commerce Gives Rural Telecoms More Time With Huawei
Tuesday, November 19, 2019 - 10:01am | 435The U.S. Commerce Department's Bureau of Industry and Security (BIS) on Nov. 18 extended a temporary general license 90 days to give mostly rural telecommunication services providers more time to continue their existing business deals with Huawei Technologies Co. Ltd. "The temporary general...
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AT&T, Verizon Earnings On Tap With The 5G Era In Sight
Tuesday, July 23, 2019 - 10:36am | 1201With the next two weeks marking the heart of earnings season, investors keeping tabs on the telecom industry can look for reports from two major companies with diverging strategies – AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ). VZ and T are the two largest wireless...
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Report: Huawei Helped Build North Korean Wireless Network
Monday, July 22, 2019 - 3:02pm | 566Chinese telecom giant Huawei Technologies Co. clandestinely helped North Korea build and maintain a commercial wireless network, The Washington Post reported Monday. What Happened The Post reported that Huawei worked in a partnership with a Chinese state-owned firm, Panda International...