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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 $8.5 million, the FCC said.
Elon Musk's SpaceX has told investors that it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported on Friday, citing people familiar with the matter. SpaceX was considering launching a Starlink retail product and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told investors during a recent IPO roadshow, according to the FT report. Reuters could not immediately verify the report.
Elon Musk’s SpaceX has told investors that it plans to launch a new Starlink mobile service for US consumers, in a move that would upend the...
A TD Cowen analyst suggested SpaceX's Starlink unit could look to acquire a major U.S. wireless carrier like T-Mobile to secure the infrastructure needed for its suburban and urban mobile broadband ambitions.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
(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
Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a new loyalty program offering discounts and perks. The U.S. company is aggressively competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network providers have extended device subsidies, added plan discounts and increased network infrastructure spending. Verizon said its new program will offer customers 3% back on bills from July that can be used toward new phones or at consumer brands like Sephora, Hilton, Marriott and Starbucks.
WASHINGTON, June 15 (Reuters) - The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm Grain Management to acquire key wireless spectrum from T-Mobile but
The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm Grain Management to acquire key wireless spectrum from T-Mobile but potentially delay its use for years. Last year, T-Mobile agreed to sell its portfolio of 800 MHz licenses to private investment firm Grain Management for $2.9 billion in cash and all of Grain's 600 MHz spectrum licenses.
Timotheus Höttges transformed Deutsche Telekom by doubling down on America’s maverick brand, T-Mobile. His final test is a $300 billion-plus deal.
What SpaceX’s Starlink is worth is for each investor to decide. How it works is easier to say. It’s remarkable.
T-Mobile is ramping up hiring even after carrying out multiple rounds of layoffs tied to its shift toward becoming a digital-first company. After Sirini Gopalan became CEO of T-Mobile in November, the company quietly laid off an unknown number of employees the following month, impacting sales ...
AT&T has refreshed its internet plan lineup amid intensifying competition in the broadband industry. While AT&T welcomed 584,000 new internet customers in the first quarter of 2026, according to its most recent earnings report, T-Mobile attracted over 500,000 and Verizon gained 341,000. In ...
According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.
SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said in a note on Wednesday, adding that legacy broadband providers like AT&T may be most at risk. • Oppenheimer said companies such as AT&T, Verizon Communications and T-Mobile could see faster declines in subscribers and revenue going forward. • Oppenheimer raised its 2030 estimates for U.S. broadband subscribers to 15 million from 10 million earlier.
Over the past few months, T-Mobile has been handing out pink slips to employees as it focuses on becoming a digital-first company, a change aimed at enhancing the customer experience. Amid this shift, the carrier has quietly made major store changes that impact customers and employees. ...
Institutional capital is strategically rotating into mid-cap space logistics equities ahead of the highly anticipated initial public offering of SpaceX.
Starlink faces hurdles turning into a hybrid satellite-terrestrial wireless network operator. The SpaceX IPO has pressured telecom stocks.
As the big three mobile carriers aim to incorporate satellite services to eliminate dead zones, AST SpaceMobile is positioned to challenge SpaceX’s Starlink market dominance.
AT&T, T-Mobile, and Verizon have all seen elevated customer losses in recent months amid rising competition. In an effort to gain ground, the three carriers are joining forces to deliver a significant network upgrade for customers, a move that challenges a fast-growing competitor. In the ...
Companies that pay hackers to find flaws in their software are being inundated with low-quality reports generated by AI, forcing some to suspend...
Deutsche Telekom AG (DTEGF) reports robust growth in organic service revenues and EBITDA, while expanding its fiber network and increasing its stake in T-Mobile.
WASHINGTON, May 14 () - The Federal Communications Commission said Thursday it has approved Verizon's 2024 $1 billion deal to acquire some spectrum assets from U. Cellular to expand its network capacity and coverage.
The 3 largest U.S. wireless carriers will pool spectrum resources and satellite partnerships to extend mobile coverage in rural and remote areas
Verizon (VZ), AT&T (T) and T-Mobile (TMUS) said on Thursday that they agreed in principle to form a new joint venture that seeks to address long-time coverage gaps especially in rural areas by using satellite-based technologies.
Verizon, AT&T and T-Mobile said on Thursday that they agreed in principle to form a new joint venture that seeks to address long-time coverage gaps especially in rural areas by using satellite-based technologies. The largest U.S. wireless companies said the plan seeks to end nearly all dead zones without mobile service. The plan also aims to ensure redundant connectivity during natural disasters and improved network performance.
Elon Musk's private space venture, SpaceX (SPAX.PVT), is valued at over $1.5 trillion as investors await its mega-IPO in 2026. ER Shares COO and chief investment strategist Eva Ados explains why her firm is calling SpaceX a "three-engine empire," identifying its space infrastructure development, Starlink satellite, and possible space-based AI data centers as the company's core components and biggest drivers.
Deutsche Telekom (ETR:DTE) reported what Chief Executive Tim Höttges called a “robust” start to 2026, citing broad-based growth across the group and an upgraded full-year outlook following stronger guidance from T-Mobile US. On the company’s first-quarter earnings call, Höttges said group organic s
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