Comcast Slides After CFO Says Q3 Broadband Losses Unlikely to Improve
Comcast fell after its CFO said Q3 broadband losses won’t improve year over year, citing fiber pricing, faster overbuild, and weaker Orlando demand.
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Gwynne Shotwell Says Starlink Will Take Customers From Big Telecom — Stocks Drop
Starlink plans to compete directly with U.S. wireless giants. Shotwell claims better service will attract users from Verizon, AT&T and T-Mobile.
T-Mobile and Deutsche Telekom Merger Hits Roadblock Over Shareholder and U.S. Concerns
T-Mobile and Deutsche Telekom merger talks pause as non-controlling shareholders oppose the deal and U.S. regulators seek revenue guarantees.
SpaceX Wants City Spectrum to Take On AT&T, Verizon and T-Mobile
SpaceX is hunting urban radio spectrum to compete with AT&T, Verizon and T-Mobile—via acquisitions or a 2027 auction. Carriers’ shares fall on the news.
T-Mobile Posts Higher Q2 Profit, but Shares Drop on Soft Customer Growth Outlook
T-Mobile posts higher Q2 profit and revenue on postpaid growth, but shares fall as it warns of slower Q3 account growth amid pricier plans.
AST SpaceMobile Stock Jumps as AT&T, Verizon & T-Mobile Team Up on Satellite Deal
AST SpaceMobile shares surged after AT&T, Verizon, and T-Mobile announced a joint venture to expand satellite direct-to-device coverage and eliminate U.S. dead zones.