Verizon Communications Inc (VZ) stock saw a rebound on Wednesday after a dip following its third-quarter earnings report. The stock was also buoyed by positive results from AT&T. While Verizon’s sales growth was flat year-over-year, analysts remain optimistic about the company’s long-term strategy and potential for growth. Key factors driving the optimism include the company’s investment in fixed wireless access (FWA), fiber to the home (FTTH), and a premium network positioning.
The FCC is considering a rule that would force carriers to unlock phones within 60 days of purchase. While consumer advocates hail the move as a way to increase choice and lower prices, major carriers like AT&T and T-Mobile argue it could harm consumers. The proposed rule has sparked a heated debate with potential consequences for consumers and the mobile phone industry.
AT&T’s stock is trading lower as investors anticipate the company’s upcoming third-quarter earnings report. Key areas of focus include wireless subscriber growth, fiber broadband performance, and the company’s ability to maintain its attractive dividend yield. This article explores the factors driving the stock’s movement and what to expect from AT&T’s Q3 results.
US Cellular Corporation (USM) is seeing a boost in its share price after agreeing to sell a portion of its spectrum licenses to Verizon Communications (VZ) for $1 billion. This deal, along with other spectrum sales, signifies US Cellular’s strategy to maximize value ahead of its pending acquisition by T-Mobile US.
Crown Castle Inc. (CCI) has announced solid operating and financial performance for the third quarter of 2024, reaffirming its full year outlook for Adjusted EBITDA and AFFO. Despite a reduction in net income due to restructuring charges and asset write-down, the company remains optimistic about long-term value creation opportunities in its tower, small cell, and fiber solutions offerings.
A recent powerful solar flare, classified as an ‘X class’, has prompted warnings from American scientists about an impending solar storm. Indian space experts have cautioned about potential disruptions to telecommunications and satellites, urging satellite operators to take necessary precautions. While the full impact on India remains uncertain, the solar storm could cause significant disruption to the Earth’s magnetic field, leading to radio blackouts, power outages, and auroras.
UniDoc Health Corp., a leader in eHealth solutions, will be participating in HLTH 2024, showcasing its advanced eHealth platform alongside a major S&P 500 US-based telecommunications company. This partnership integrates cutting-edge communication services with UniDoc’s healthcare offerings to deliver innovative healthcare experiences and outcomes.
French telecommunications giant Orange announced plans to delist its American Depositary Shares (ADRs) from the New York Stock Exchange (NYSE) and deregister with the U.S. Securities and Exchange Commission (SEC). The move aims to simplify operations, with no impact on U.S. clients or its presence. Orange will continue its ADR program through the Over-The-Counter (OTC) market.
T-Mobile US, Inc. announced a $2.5 billion secondary senior notes offering to fund share repurchases, dividends, and refinancing existing debt. This move comes after analysts upgraded T-Mobile following its three-year plan focused on customer experience and dividend growth. The company’s strong performance, including revenue growth and customer additions, has led to increased investor interest.
Orange Liberia, in partnership with ZTE, has successfully deployed 128 new communication sites across rural Liberia, significantly enhancing network coverage in underserved areas. The project, completed in just three months, utilizes innovative energy-efficient technology and offers 2G voice and 4G data services, benefiting over 580,000 subscribers.
