The writedown of the premium TV business reflects "years of cord-cutting as viewers move to cheaper online streaming services."
“AT&T’s Q1 TV subscriber numbers indicate how quickly the pay TV market is imploding."
"The company's long-gestating merger with T-Mobile continued to hang over every aspect" of Sprint's Q3 results.
States opposing the merger call it "presumptively anticompetitive” but the companies say it will “create a new, world class network."
“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."
The deal "will give AT&T a major boost in its effort to build 5G wireless networks using high bandwidth airwaves."
The combination with Idea Cellular comes as upstart Reliance Jio has moved aggressively to grab a share of India's relatively untapped wireless market.
The subscriber growth of rivals T-Mobile and Sprint, which offer unlimited data plans, is creating "a competitive challenge" for Verizon.
The cash-poor wireless carrier has turned to creative financing techniques to fund investment in its network and pay off debt.
Yet the company added postpaid mobile phone customers in the third quarter, the first time it has done that in two years.
The chip maker plans to cut 15% of its workforce, reduce share-based compensation, and add new directors.
Hewlett-Packard spends a net $2.7 billion for the maker of hardware and software for enterprise mobile networks.
