Verizon (VZ) and AT&T (T) are in a race to see whether the growth in their cellular and broadband businesses can accelerate faster than their residential landline businesses are shrinking. The fate…
Sprint (S) keeps getting smaller and smaller and its two larger competitors Verizon Wireless (VZ)(VOD) and AT&T (T) keep getting larger. For the most recent quarter, Sprint’s revenue fell 12% to $8.2…
Yesterday, there were a number of rumors in the press that Verizon Wireless (VZ) (VOD) was talking with Apple (AAPL) to get a franchise to sell the iPhone after AT&T’s (T) exclusivity…
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
Verizon (VZ) posted modest results for the first quarter of the year. Taking out the effects of its buy-out of Alltel, revenue rose 3.3%. With Alltel factored in Verizon’s total operating revenues…
Douglas A. McIntyre According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car…
The deal under which AT&T (T) is the exclusive cellular carrier with rights to sell the Apple (AAPL) iPhones in the US will expire soon. The phone company believes that the partnership is…
According to The Wall Street Journal, large US companies held their R&D spending steady in the fourth quarter of last year even though in most cases their revenue fell. According to the…
Sales of the new Samsung Instinct are not helping Sprint (S) very much. Of all the handsets the No.3 US cellular carrier sells, the Instinct ranks N0.15 in terns of unit sales…
Cable operator Comcast (CMCSA) claims it is now the No.3 phone company in the country. It follows two of the remaining parts of the old AT&T which was broken up in 1982.…
On CNBC’s Stop Trading segment today, Jim Cramer said that he ran the worst case scenario on all of the DJIA components, and the worst level he can come up is 5,320. …
A positive note on the big telcos from John Hodulik at UBS. He writes: “Dividend cuts at other companies underscore strength at AT&T/VZ. With a number of large companies such as GE…
These are ten of the top analyst upgrades and downgrades from Wall Street this Monday morning with more than two hours until the market opens: AT&T (T) Raised to Buy at Goldman…
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
People in the wireless industry have been talking about what will replace 3G networks in the next two or three years. AT&T (T), Verizon (VZ), Sprint (S), and their peers overseas need…
