wireless Archives - CFO

AT&T Takes $15B Writedown on Ailing DirecTV

Financial Performance

AT&T Takes $15B Writedown on Ailing DirecTV

The writedown of the premium TV business reflects "years of cord-cutting as viewers move to cheaper online streaming services."

By Matthew Heller | January 27, 2021

AT&T Misses Q1 Estimates Amid Pay TV Woes

Financial Performance

AT&T Misses Q1 Estimates Amid Pay TV Woes

“AT&T’s Q1 TV subscriber numbers indicate how quickly the pay TV market is imploding."

By Matthew Heller | April 22, 2020

Sprint Loses More Postpaid Phone Customers

Sprint Loses More Postpaid Phone Customers

"The company's long-gestating merger with T-Mobile continued to hang over every aspect" of Sprint's Q3 results.

By Matthew Heller | January 27, 2020

Final Arguments Made Over T-Mobile, Sprint Deal

Risk & Compliance

Final Arguments Made Over T-Mobile, Sprint Deal

States opposing the merger call it "presumptively anticompetitive” but the companies say it will “create a new, world class network."

By Matthew Heller | January 16, 2020

Verizon Beats on Earnings But Shares Fall 2%

Financial Performance

Verizon Beats on Earnings But Shares Fall 2%

“They’re guiding flat EPS year-over-year, at a time when GDP is growing strongly and competitive intensity is so benign. It’s not very inspiring."

By Matthew Heller | January 29, 2019

AT&T Buys Straight Path in $1.25B Bet on 5G

AT&T Buys Straight Path in $1.25B Bet on 5G

The deal "will give AT&T a major boost in its effort to build 5G wireless networks using high bandwidth airwaves."

By Matthew Heller | April 11, 2017

Vodafone to Merge India Unit With Local Rival

Vodafone to Merge India Unit With Local Rival

The combination with Idea Cellular comes as upstart Reliance Jio has moved aggressively to grab a share of India's relatively untapped wireless market.

By Matthew Heller | March 20, 2017

Verizon Shares Fall 4% on Earnings Miss

Verizon Shares Fall 4% on Earnings Miss

The subscriber growth of rivals T-Mobile and Sprint, which offer unlimited data plans, is creating "a competitive challenge" for Verizon.

By Matthew Heller | January 24, 2017

Sprint to Mortgage Airwaves to Raise $3.5B

Sprint to Mortgage Airwaves to Raise $3.5B

The cash-poor wireless carrier has turned to creative financing techniques to fund investment in its network and pay off debt.

By Matthew Heller | October 12, 2016

Sprint Posts Wider-Than-Expected Loss

Sprint Posts Wider-Than-Expected Loss

Yet the company added postpaid mobile phone customers in the third quarter, the first time it has done that in two years.

By Katie Kuehner-Hebert | November 3, 2015

Activist Forces Strategic Overhaul at Qualcomm

Activist Forces Strategic Overhaul at Qualcomm

The chip maker plans to cut 15% of its workforce, reduce share-based compensation, and add new directors.

By Katie Kuehner-Hebert | July 23, 2015

HP Buys Aruba Networks for 9% Premium

HP Buys Aruba Networks for 9% Premium

Hewlett-Packard spends a net $2.7 billion for the maker of hardware and software for enterprise mobile networks.

By Katie Kuehner-Hebert | March 2, 2015