SpaceX Buys Nationwide 800 MHz Spectrum to Challenge U.S. Wireless Carriers
SpaceX agreed to buy Grain’s nationwide 800 MHz licenses and won FCC approval for 15,000 Gen2 satellites, aiming at AT&T, Verizon, and T-Mobile.
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Cable One Near $1.25 Billion Loan as MBI Buyout Deadline Hits Friday
Cable One is said to be near a $1.25B first-lien term loan from existing and new lenders, with proceeds used to repay existing debt.
Microsoft and Oracle fall after report puts OpenAI revenue $20bn below expectations
Microsoft and Oracle fell after an FT report said OpenAI’s annualised revenue is about $50bn, $20bn below earlier investor reports.
FCC’s October 29 Agenda Is a Mixed Read for AST SpaceMobile
NextNav’s expected 900 MHz item was delayed, while a 25 MHz auction plan creates a narrow risk for AST SpaceMobile, Clear Street says.
TSMC Stock Falls Despite Record Sales as Investors Sell the News
TSMC reported record Q3 revenue of $46.7 billion, up 50%, but shares fell as investors sold the news amid higher rates and rich valuations.
Skydance Says Combined Company Is Positioned to Win After Warner Deal
Ellison and Kreiz outlined studios, CBS, CNN, streaming, film commitments, and cost cuts after closing the Warner acquisition.