- SpaceX Acquires Spectrum License, Impacting AT&T, Verizon, and T-Mobile Stocks↩
SpaceX announced a significant spectrum deal aimed at expanding its Starlink service into the U.S. telecommunications market. This move has resulted in a sharp decline in shares of major telecom providers, with Verizon experiencing its worst day since 2002 as investors react to the growing competition from SpaceX.
Deals·4 articles / 3 outlets·1d ago
- SpaceX Spectrum Deal Causes Major Drop in Verizon, AT&T, and T-Mobile Stocks↩
SpaceX announced a significant spectrum acquisition aimed at expanding its Starlink service into the U.S. telecommunications market. This move has led to a dramatic decline in the stock prices of major carriers, with Verizon experiencing its worst day since 2002 as investors react to the growing competition from SpaceX.
Macro·2 articles / 2 outlets·1d ago
- SpaceX Acquires Spectrum, Weakening Verizon and AT&T Bonds↩
Bonds issued by Verizon Communications Inc. and AT&T Inc. weakened on Friday, following SpaceX’s announcement that it will buy US spectrum that will help the company become a “major mobile carrier” in the US.
Deals·2 articles / 2 outlets·1d ago
- Snap Shares More Details About $2,195 Specs AR Glasses Plus Verizon Partnership
Snap has unveiled more details about its advanced Specs AR glasses, which are priced at $2,195. The glasses feature an integrated display and a convenient self-contained design.
Macro·1 article / 1 outlet·24d ago
- Verizon Rebuffed by Supreme Court on $47 Million FCC Refund
The US Supreme Court refused to let Verizon Communications Inc. try to recoup $47 million it paid after being accused of privacy violations by the Federal Communications Commission.
Legal·2 articles / 2 outlets·53d ago
- Verizon Fiber Partners to Invest $1.5 Billion In Network Venture
Bain Capital and Tillman Global Holdings are making a $1.5 billion investment in Eaton Fiber, a telecom operator providing fiber-optic network capacity to Verizon Communications Inc.
Deals·1 article / 1 outlet·73d ago
- Verizon Reports Strong Q2 Earnings with Higher Prices and Subscriber Growth↩
Verizon Communications Inc. reported mobility and broadband sales that exceeded Wall Street’s expectations in the second quarter, signaling that Chief Executive Officer Dan Schulman’s turnaround plan is starting to bear fruit.
Earnings·2 articles / 2 outlets·78d ago
- Verizon Cuts 3,000 Store Workers in Reorganization Strategy
Verizon Communications Inc. announced a round of layoffs Thursday that will impact about 3,000 employees in corporate-owned retail stores. This move is part of new Chief Executive Officer Dan Schulman’s plan to transform the mobile provider.
Macro·2 articles / 2 outlets·86d ago
