With smartphone growth slowing to a crawl in the United States, the IoT is beginning to pay off in significant ways for major wireless network operators.
A failure to come to a merger agreement could cost Sprint and T-Mobile nearly $50 billion in combined value, according to New Street Research.
U.S. mobile network operators are upping their capex investments after several quarters of belt-tightening, and tower companies stand to benefit.
Comcast's MVNO claims more than a quarter of a million users, and the company is hoping to leverage the iPhone X to get more customers to sign on.
Nokia shares were down 19% at one point today after the equipment vendor reported a 9% year-on-year net sales decrease in the third quarter.
Shares of Mexico's América Móvil sank more than 5% after the company posted a third-quarter loss of $494 million due largely to natural disasters.
Sprint shares edged upward after the carrier posted 279,000 postpaid net subscribers in the third quarter amid rumors of a merger with T-Mobile.
The nation's second-largest mobile network operator lost 97,000 postpaid net phone customers in the third quarter but saw strong growth in its prepaid…
T-Mobile continued to gain steady traction during a relatively uneventful third quarter in the U.S. wireless market.
Ericsson continued to struggle in the third quarter ahead of rollouts of 5G networks, but investors see signs of a turnaround.