Telecom & Wireless - Page 2

Q1 2017 Was Not Kind to Mobile Carriers

U.S. mobile carriers reported their first services revenue decline in 17 years in the first quarter of 2017. Verizon Communications Inc. (NYSE: VZ) posted its first ever year-over-year revenue decline ...
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Altice US Gears Up for IPO

Altice USA has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were listed in the filing, ...
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Verizon Can’t Shake Position as DJIA’s Worst Performing Stock for 2017

Verizon Communications Inc. (NYSE: VZ) last week saw its share price drop nearly 1.8% and retain its position as the worst-performing stock among the 30 equities included in the Dow ...
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10 States With the Most and Least Access to Internet Broadband Service

The average broadband speed across the 50 United States and the District of Columbia topped 10 megabits per second (Mbps) at the end of 2016. The average global broadband speed ...
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Verizon Outbids AT&T for 5G Tech Firm Straight Path

The bidding war for Straight Path Communications Inc. (NYSEMKT: STRP) is over — for now at least. Verizon Communications Inc. (NYSE: VZ) announced Thursday morning that it will sign a ...
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Unnamed Bidder Doubles Down on Straight Path

Whatever else you can say about 5G wireless, getting there won't be cheap for wireless carriers. Straight Path Communications Inc. (NYSEMKT: STRP) announced Monday morning that it had received an ...
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Verizon Remains DJIA’s Worst Performing Stock for 2017

Verizon Communications Inc. (NYSE: VZ) last week saw its share price add 0.8%, but that was not enough for the telecom giant to shed its position as the worst-performing stock ...
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For First Time, More Than Half of US Homes No Longer Have Landline

It was bound to happen, as more and more Americans owned cell phones or smartphones and wireless broadband became almost universal. Over half of all U.S. homes no longer have ...
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How Analysts View Frontier Communications After Its Slashed Dividend

Frontier Communications Corp. (NYSE: FTR) had already been a serial disappointment to investors. Having such a high double-digit yield based upon cash flow management rather than based upon a traditional ...
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Verizon Is Looking to Acquire Growth: 5 Companies That May Be Targets

For the first time in the company's long history, Verizon Communications Inc. (NYSE: VZ) lost a whopping 307,000 wireless customers in the first quarter. The company's stock is down almost ...
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Verizon Drops Further, Continues as DJIA’s Worst Performing Stock for 2017

Verizon Communications Inc. (NYSE: VZ) last week saw its shares tumble by 2.84% to maintain its position as the worst-performing stock among the 30 equities included in the Dow Jones ...
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Is AT&T the Best Defensive Stock Against a 2017 Market Correction?

Now that we basically are one-third of the way through 2017, one amazing trend is that this eight-year-old bull market continues to rage on. Despite a weaker-than-expected gross domestic product report ...
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AT&T Makes Some Headway Meeting Earnings Estimates

AT&T Inc. (NYSE: T) reported its first quarter financial results after the markets closed on Tuesday. The company said that it had $0.74 in earnings per share (EPS) and $39.4 ...
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AT&T Kicks Off 5G Network, Prepares to Fight Off Competing Bid for Straight Path

Telecom giant AT&T Inc. (NYSE: T) announced Tuesday morning that it plans to roll out its 5G Evolution service to more than 20 U.S. cities by the end of this ...
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T-Mobile Posts Solid Q1 Earnings Beat

T-Mobile US, Inc. (NASDAQ: TMUS) reported first quarter financial results after markets closed Monday. The company said that it had $0.80 in diluted GAAP earnings per share (EPS) and $9.61 ...
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