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Wall Street's quick math on T-Mobile's rate hike exposure produces a frightening number, but that number depends on a reading of the debt stack that the actual quarterly filing does not support.
The cost of wireless phone service jumped 5.9% in August after T-Mobile and AT&T hiked rates on some plans.
The cost of wireless phone service jumped 5.9% in August after T-Mobile and AT&T hiked rates on some plans.
By David Shepardson WASHINGTON, Sept 16 (Reuters) - Federal Communications Commission Chair Brendan Carr said Wednesday that a series of upcoming wireless spectrum auctions over the next couple of
A record jump in the price of cellular phone services helped tip a key measure of US inflation above forecasts, likely sealing the deal for a Federal Reserve interest-rate increase next week.
Wall Street flipped the script Friday with a wave of surprise upgrades and downgrades hitting names like Wayfair, Roku, and Fox Corporation, while cooler inflation data reshuffled bets across stocks, bonds, oil, and crypto all at once.
The Federal Communications Commission granted temporary approval to AST SpaceMobile to test satellite connectivity using up to 100 commercially available devices.
The Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.
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 $8.5 million, the FCC said.
The S&P 500 Index ($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...
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.
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