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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Verizon and Corning Sign Multi-Billion Fiber Deal Through 2032
Verizon and Corning agree on a multi-billion-dollar deal for 80+ million miles of fiber from 2027–2032 to expand broadband and support AI.
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.
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.
Strong Subscriber Growth Helps Verizon Raise Forecasts Even as Revenue and Profit Slip
Verizon added 184,000 postpaid phone customers in Q2 2026, beating estimates, and raised full-year guidance despite a profit drop from special charges.
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.