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Comcast to split cable business from media through NBCUniversal, Sky spinoff
Reuters88d agoneutral
Comcast to split cable business from media through NBCUniversal, Sky spinoff

Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its ‌cash-generating broadband arm from a media and entertainment business ‌under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is ‌set to boost competition. Comcast, ⁠which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless ⁠offerings from T-Mobile and Verizon and to fiber rivals building out networks.

Nokia (HLSE:NOKIA) Partners With Nvidia To Build AI RAN 6G Networks
Simply Wall St.88d agoneutral
Nokia (HLSE:NOKIA) Partners With Nvidia To Build AI RAN 6G Networks

Nokia Oyj (HLSE:NOKIA) announced a partnership with Nvidia to develop an AI RAN 6G platform for future mobile networks. The collaboration includes integrating Nvidia AI processors into Nokia's 5G equipment. Nokia is working with telecom operators such as T-Mobile and Orange on AI powered network use cases. The company has adjusted its network infrastructure sales outlook in connection with this initiative. Nokia Oyj, a long standing supplier of mobile network equipment and related software,...

Verizon (VZ) Faces A New Rival If Starlink Launches U.S. Mobile Service
Simply Wall St.89d agoneutral
Verizon (VZ) Faces A New Rival If Starlink Launches U.S. Mobile Service

SpaceX is reportedly weighing a Starlink retail mobile internet service in the U.S., which would compete directly with Verizon Communications (NYSE:VZ), AT&T, and T-Mobile. Starlink has secured wireless spectrum licenses and may choose to operate its own retail offering rather than rely on existing carrier partnerships. This potential entry could matter most in rural and underserved areas, where Starlink's satellite network may appeal to customers with limited traditional coverage...

​Array Digital Infrastructure (AD) Completes the Sale of Spectrum License to Verizon
Insider Monkey89d agoneutral
​Array Digital Infrastructure (AD) Completes the Sale of Spectrum License to Verizon

​Array Digital Infrastructure, Inc. (NYSE:AD) is one of the Best Growth Stocks to Buy and Hold for the Next Decade. Recently, on June 1, Array Digital Infrastructure, Inc. (NYSE:AD) announced completing the sale of a portion of its spectrum license to Verizon for $1.0 billion. This follows a separate spectrum sale to T-Mobile for $168 […]

T Mobile (TMUS) Stock Faces Fresh Questions Over SpaceX Takeover Speculation
Simply Wall St.89d agoneutral
T Mobile (TMUS) Stock Faces Fresh Questions Over SpaceX Takeover Speculation

Speculation has emerged that SpaceX could pursue an acquisition of T-Mobile US, NasdaqGS:TMUS. Commentary has focused on how a potential deal might combine T-Mobile's national wireless footprint with SpaceX's satellite infrastructure. The discussion is centered on what such a transaction could mean for competition in the U.S. wireless market. T-Mobile US operates a large U.S. wireless network, serving consumers and businesses across mobile and data services. SpaceX has been expanding its...

SpaceX just put every US carrier on notice
TheStreet90d agoneutral
SpaceX just put every US carrier on notice

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...

Reuters90d agoneutral
Verizon bids $3.2 billion to win US spectrum licenses

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

SpaceX reportedly plans Starlink mobile service for US consumers
Proactive91d agoneutral
SpaceX reportedly plans Starlink mobile service for US consumers

SpaceX Corp (NASDAQ:SPCX) is considering launching a Starlink-branded mobile phone service in the United States, according to a Financial Times report published on Friday, potentially expanding the company's role in the telecommunications market. The report cited comments from SpaceX...

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports
Reuters91d agoneutral
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

Elon Musk's SpaceX has ‌told investors ‌that it plans to ​launch a Starlink mobile service for U.S. consumers, the Financial ‌Times ⁠reported on Friday, citing people familiar ⁠with the matter. SpaceX was considering ​launching a ​Starlink ​retail product ‌and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told ‌investors during ​a recent ​IPO ​roadshow, according ‌to the FT ​report. Reuters ​could not immediately verify the report.

UBS Expects T-Mobile (TMUS) To Lead The Sector With 700,000 Postpaid Phone Additions In Q2
Insider Monkey92d agoneutral
UBS Expects T-Mobile (TMUS) To Lead The Sector With 700,000 Postpaid Phone Additions In Q2

With 85 hedge funds holding bullish positions and analysts seeing 44.40% upside potential, T-Mobile US, Inc. (NASDAQ:TMUS) ranks among the top stocks to buy for financial stability. Investor focus on T-Mobile US, Inc. (NASDAQ:TMUS) has increasingly centered on the balance between steady subscriber growth and rising regulatory and competitive scrutiny, as market conditions in the […]

T-Mobile US (TMUS) to Employ Nearly 1,000 People by 2027, Reuters Reports
Insider Monkey93d agoneutral
T-Mobile US (TMUS) to Employ Nearly 1,000 People by 2027, Reuters Reports

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the top high-conviction stocks to buy according to hedge funds. Reuters reported on June 4 that, according to a statement from an Indian state ​government, T-Mobile US, Inc. (NASDAQ:TMUS) has plans to employ nearly 1,000 people by 2027 following the recent opening of its global capability center (GCC) […]

Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential
Insider Monkey93d agobullish
Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 39 AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is […]

Verizon drops 2 new plans as wireless customers flee high prices
TheStreet94d agobearish
Verizon drops 2 new plans as wireless customers flee high prices

After losing about 2.25 million customers in its wireless business over the past three years, mainly due to price increases, Verizon is following in the footsteps of its top rivals by introducing two new plans focused on simplicity and affordability to improve retention. In recent months, phone ...

T-Mobile US (TMUS) Faces Deutsche Telekom Merger Push And Minority Shareholder Questions
Simply Wall St.96d agoneutral
T-Mobile US (TMUS) Faces Deutsche Telekom Merger Push And Minority Shareholder Questions

Deutsche Telekom is reported to be pushing for a merger involving T-Mobile US, NasdaqGS:TMUS. The proposed deal would require agreement from minority shareholders who are assessing the impact on their exposure to lower margin international operations. Discussions highlight questions about future ownership structure and how much risk investors might carry outside the core US business. T-Mobile US, NasdaqGS:TMUS, is entering this potential merger discussion with a share price of $181.67 and a...

Deutsche Telekom (TMUS) CEO Reportedly Pushes for T-Mobile Merger
Insider Monkey97d agoneutral
Deutsche Telekom (TMUS) CEO Reportedly Pushes for T-Mobile Merger

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the best falling stocks to invest in, according to analysts. On June 16, T-Mobile US, Inc. (NASDAQ:TMUS) reaffirmed its commitment to shareholder value, with the board approving a quarterly dividend of $1.02 per share. The dividend offering translates to an annualized dividend of $4.08 and a dividend yield […]

Verizon Launching New Loyalty Program and Eliminating Upgrade Fees, Reuters Reports
Insider Monkey99d agobullish
Verizon Launching New Loyalty Program and Eliminating Upgrade Fees, Reuters Reports

With an annual dividend yield of 6.06%, Verizon Communications Inc. (NYSE:VZ) is included among the 12 Stocks with Highest Dividend to Invest In Now. On June 16, Reuters reported that Verizon Communications Inc. (NYSE:VZ) is rolling out a series of customer-focused changes. It includes simpler plans, the removal of activation and upgrade fees, and a […]

Bloomberg100d agoneutral
The Trump Phone Is More Novelty Than Serious Smartphone Contender

(Bloomberg) -- The Trump phone is finally here — sort of — and it bears little resemblance to the original pitch.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealFirst introduced a year ago at Trump Tower by President Donald Trump’s eldest s