wireless carriers
Verizon to shed 10,400 jobs by mid-2019
Verizon Communications said on Monday that about 10,400 employees will be leaving the wireless carrier by the middle of next year as part of the company’s voluntary separation program. The...
T-Mobile says Sprint deal could close early next year
T-Mobile US’s chief financial officer said there is a possibility that its $26 billion acquisition deal of Sprint will close as early as the first quarter of 2019. T-Mobile, majority...
Mobile companies throttle 'unlimited' data plans: study
New research out of Northeastern University and the University of Massachusetts, Amherst, was picked up Wednesday in a Bloomberg piece that reports how carriers are throttling video-heavy apps like YouTube...
Sprint beats estimates thanks to surprise subscriber growth
Sprint on Wednesday topped analysts’ estimates for quarterly profit, helped by surprise growth in wireless subscribers in a competitive US wireless market. The fourth-largest US wireless carrier is working to...
AT&T's quarterly subscriber growth surprises Wall Street
AT&T added a net 46,000 postpaid mobile phone subscribers in the second quarter, beating Wall Street estimates as the No. 2 US wireless carrier ground out some growth in a...
Verizon beats 2nd-quarter earnings estimates
Verizon’s strong wireless business in the second quarter buoyed investors — but masked the continuing sluggish performance of its Oath internet operation. Oath, headed by Tim Armstrong, continued to post...
AT&T, Verizon investigated for anti-trust violations
According to a New York Times article that landed Friday afternoon, the Department of Justice has opened an antitrust investigation into collusion between Verizon and AT&T’s wireless arms. According to the report,...
Sprint shares plunge after talks with T-Mobile end
Shares of Sprint fell more than 13 percent on Monday after the No. 4 US wireless carrier called off merger talks with T-Mobile US and a wireless partnership with cable...
Sprint and T-Mobile inch closer to merger deal
T-Mobile US is close to agreeing to tentative terms on a deal to merge with Sprint, people familiar with the matter said on Friday. The deal, if finalized, would be...
T-Mobile offers free Netflix with some family plans
Some T-Mobile subscribers will soon be able to watch as much Netflix as they want — for free. Under a new promo announced Wednesday, subscribers to the “T-Mobile One” unlimited...
AT&T is expanding high-speed 5G wireless trials
AT&T said on Wednesday that it is expanding its 5G trials to include three new US cities by the end of the year as part of its push to develop...
Sprint shares surge as CEO hints at merger deal
Sprint shares jumped more than 10 percent on Tuesday after its chief executive said an announcement on merger talks should come in the "near future" and the company reported a...
Sprint explores partnership with Comcast and Charter
US wireless carrier Sprint is in talks with Charter Communications and Comcast about a partnership to boost the two US cable companies' wireless offerings, according to sources familiar with the...
Verizon outbids AT&T for a big holder of 5G wireless spectrum
Verizon Communications snapped up wireless spectrum holder Straight Path in a $3.1 billion deal, trumping rival AT&T’s offer and potentially gaining an advantage in a race to build 5G networks....
Comcast and Charter ink wireless truce to offset cord-cutting
Comcast and Charter Communications on Monday announced a wireless partnership, as the cable providers seek to add more services in a bid to reduce customer churn. Reuters reported on Sunday...
SPC stock soars as short sellers scramble to make up losses
Straight Path Communications’ soaring stock sent short sellers screaming for mercy Monday — none louder than Kerrisdale Capital’s Sahm Adrangi. SPC, the Virginia-based provider of wireless spectrum licenses, announced Monday...
Comcast moves into mobile with new unlimited-data offering
Shares of the country’s largest wireless companies slipped on Thursday after Comcast unveiled an unlimited-data mobile phone service for as little as $45 per month. Comcast, the No. 2 cable...
Peter Thiel caught up in $7B lawsuit over Mexican wireless contract
Controversial tech investor Peter Thiel has found himself wrapped up in another sticky lawsuit — only this time he has a lot more than his reputation at stake. The latest...
Sprint's shares reach two-year high following Trump election
Sprint shares spiked 13 percent on Wednesday in the wake of the shocking election of Donald Trump as the next US president. The wireless carrier rose to $7.11, a two-year...
Google to pressure rivals with push into wireless service
Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday. If everything falls into place, Google could...