All articles tagged with #telecom
The article highlights three stocks—Starwood Property Trust, Western Midstream Partners, and Verizon—that offer high dividend yields up to 10.3%, supported by strong financial profiles, making them attractive options for boosting passive income in 2026.
Verizon and AT&T reported Q3 results with Verizon focusing on wireless pricing and customer retention, raising its dividend for the 19th year, while AT&T emphasized fiber broadband growth and a major spectrum purchase to expand 5G, highlighting their different strategic paths in the telecom industry.
BlackRock accuses Indian-origin CEO Bankim Brahmbhatt of orchestrating a $500 million fraud involving fabricated accounts receivable and asset transfers, leading to bankruptcy filings and legal actions, with Brahmbhatt disputing the allegations.
Verizon has appointed former PayPal CEO Dan Schulman as its new CEO to navigate slowing growth and fierce competition in the wireless market, succeeding Hans Vestberg who will remain as a special adviser until 2026.
Verizon has appointed Dan Schulman, former PayPal CEO, as its new CEO to lead the company through a period of slowing growth and increased competition, focusing on improving customer experience and exceeding market expectations. Vestberg, the previous CEO, will remain as a special adviser until 2026.
T-Mobile is replacing CEO Mike Sievert with COO Srini Gopalan, who will take over on November 1st, as Sievert transitions to vice chairman, marking a leadership change after Sievert's tenure overseeing major acquisitions and strategic initiatives.
Congress has pulled back funding for the U.S. Open RAN initiative, citing concerns over technical vulnerabilities and the risk of entrenching existing telecom giants, which may hinder innovation and pose security threats amid rising cyber risks.
Elon Musk's Starlink and T-Mobile are interested in acquiring spectrum licenses from EchoStar, which owns underused airwaves. T-Mobile is negotiating for some of EchoStar's licenses, while Starlink aims to build its own network to compete with major US carriers. The spectrum sale is part of broader efforts to utilize unused public airwaves and could significantly impact the US telecom landscape.
Verizon is increasing several fees, including administrative and regulatory charges, which will likely raise customers' phone bills despite a three-year price lock, with changes possibly taking effect in September.
AT&T's stock has surged this year due to strong performance in budget plans and fiber services, with investors optimistic about its upcoming earnings report, which is expected to show slight declines in earnings and revenue compared to the previous year. The positive results from Verizon also boost confidence in the telecom sector, suggesting potential further gains for AT&T if it can replicate Verizon's strong performance.
Donald Trump's family has launched Trump Mobile, a new US-based wireless service using existing networks and American-made hardware, along with a branded smartphone called T1, aiming to appeal to conservative consumers and emphasizing American manufacturing.
Donald Trump may be planning to launch a Trump-branded mobile network and phones, as indicated by recent trademark applications filed with the US Patent and Trademark Office, signaling serious intent despite potential legal and regulatory challenges.
Donald Trump is potentially planning to launch his own mobile carrier, as indicated by recent trademark filings for 'Trump' and 'T1' related to telecom services, including mobile phones and accessories, signaling a possible new venture into the wireless industry.
PricewaterhouseCoopers forecasts a robust mergers and acquisitions (M&A) market in the media and telecom sectors for 2025, driven by pent-up demand and a shift towards a pro-deregulation agenda under President-elect Donald Trump. This follows a period of regulatory roadblocks under the Biden administration, which hindered major deals. The anticipated changes in regulatory leadership, including Brendan Carr as FCC chair, are expected to facilitate consolidation and expansion among dominant players.
Chinese cyberspies, as part of the Salt Typhoon campaign, have recorded calls of high-level US political figures, according to Anne Neuberger, the White House's deputy national security advisor for cyber and emerging technology. The espionage operation targeted senior political individuals and compromised eight US telecom providers, along with organizations in numerous countries. The campaign also accessed wiretapping systems, although this was not its primary focus. The US Senate Commerce subcommittee is set to investigate these cybersecurity threats in an upcoming hearing.