Verizon's proposed $1.8 billion acquisition of XO Communications-- a deal that will deepen its fiber and millimeter wave wireless spectrum holdings for future 5G wireless deployments-- has hit a speed bump as the FCC has asked the two service providers for additional information.
Tele2 endured what Jefferies analysts called a "messy" second quarter, as one-off costs drove down EBITDA and resulted in a 60 per cent year-on-year drop in net profit.
Vodafone Group announced that Europe still offers significant opportunities to grow its 4G subscriber base because only 30 per cent of its users in the region have taken a 4G subscription to date.
AT&T's strategy of focusing on high-revenue wireless customers continued to provide mixed results in the second quarter, boosting margins but causing the carrier to sacrifice share of the lucrative postpaid smartphone market in the U.S.
Comcast today announced Xfinity Prepaid Services, a pay-as-you-go offering that lets customers buy TV or internet service and add refills for either seven or 30 days.
Service providers' ongoing moves to replace legacy SONET gear to accommodate the growth of higher speed fixed broadband and data center interconnection will drive up WDM equipment shipments to $63 billion between 2016 and 2020.
In my 26 years working in the mobile business, I haven't seen a situation like this. Softbank agreed to buy ARM Holdings this week for $31B. It's a high valuation for ARM, at more than 45x their expected earnings for next year. Personally, I think ARM is worth it, because they have a strong and lasting place in the technology market.
Oppenheimer & Co. reportedly downgraded shares of Verizon over uncertainty about a possible acquisition of Yahoo, among other factors.
Ericsson's two largest shareholders are reportedly pushing to oust CEO Hans Vestberg just one day after the company posted a 26 percent year-over-year drop in net sales during the second quarter.
Telia president and CEO Johan Dennelind warned that the company faces headwinds in the back-half of 2016 that could impact year-on-year earnings comparisons after what he termed a "solid first six months".