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Auditing
Are Financially Constrained Firms Bad Audit Clients?
Audit assurance becomes more valuable for financially constrained businesses as they face operational and financial uncertainty.
By
Ahmet Kurt
| February 7, 2023
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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
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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
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Technology
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
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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
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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
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Technology
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
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Strategy
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
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Strategy
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
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Credit
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
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Technology
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
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Technology
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
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The Cloud
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
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