AT&T Inc (NYSE:T) Promotional Moves Put Verizon Communications Inc (NYSE:VZ) Stock In Jeopardy

Verizon Communications Inc (NYSE:VZ) could face tough times ahead if AT&T Inc (NYSE:T) continues to intensify its wireless promotional efforts. Analyst opines that Verizon risks ending up in a “lose-lose” situation.  It was in the previous year that AT&T started unveiling a series of promotional offers. The company had outlined in one of the interviews […]

ViacomCBS (NASDAQ:VIAC) Shares Gain 3% Following The Acquisition Of Chilean Broadcaster Chilevision

ViacomCBS (NASDAQ:VIAC) shares jumped 3% in Tuesday trading on optimism that the unwinding in Archegos-associated companies shares could be over. Viacom acquires Chilevision The company’s Latin America push with the acquisition of a Chilean broadcaster added to the positive mood for the shares that have in recent weeks been subjected to the wrath of traders. […]

AT&T Inc (NYSE:T) Speaks Out On Vivint Arena’s Super-Fast 5G+ Service And Fans’ Excitement

AT&T Inc (NYSE:T) and Boingo come together in a collaboration that will enable fans enjoy super-fast 5G+ service at Vivint Arena. The super-fast network is the best for all the high-traffic traffic areas and delivered using a millimeter wave spectrum. The essence of the latest move Any customer with a qualifying plan and a compatible […]

AT&T (NYSE:T) Discontinues “Sponsored Data” For AT&T TV And DirecTV Following California’s Net Neutrality Law

AT&T (NYSE:T) has announced that it will not exempt HBO Max stream services viewership from data caps because of California’s net neutrality law. A federal judge upheld the net neutrality law; as a result, the carrier has indicated that its AT&T and DirecTV streaming services will no longer be exempt from its tiered data plans. […]

Circumstances Force AT&T Inc (NYSE:T) To Sell Its DirecTV

The constant shifts in the pay-TV landscape have kept the various service providers on edge. AT&T Inc (NYSE:T) is one among the many companies looking for ways to survive in the fast-changing business worldwide. Streaming businesses have been on the rise lately, and that pulls along with cord-cutting. Difficult times face DirecTV DirecTV is struggling […]

AT&T Inc. (NYSE:T) Cutting Its Workforce In Slovakia As COVID-19 Continues To Suppress Consumer Demand

AT&T Inc. (NYSE:T) is planning to cut its Slovakian workforces as the COVID-19 pandemic continues to affect consumer demand. The US multinational company is looking to cushion against the economic fallout caused by the pandemic.  AT&T to lay off 300 workers in Slovakia  Unions have warned that up to 10% of the jobs could be […]

AT&T (NYSE:T) Unveils Discounted Wireless Data Plans For Students And Free Service For Teachers

AT&T (NYSE:T) is offering over 17 million students discounted wireless data plans to help in closing the digital divide in the wake of the COVID-19 pandemic that has made learning from home a norm. AT&T offering affordable data plans supporting learning from home The company will offer free wireless data service to teachers, including free […]

AT&T Inc. (NYSE:T) Introduces A New Solution With Its Guardian Device To Empower Businesses To Connect With Microsoft Corporation (NASDAQ:MSFT)’ Azure Sphere For IoT

AT&T Inc. (NYSE:T) entered a pact with Microsoft Corporation (NASDAQ:MSFT) to offer businesses worldwide to connect equipment and machine to the cloud. The company will use its Guardian device to ensure seamless connectivity to Microsoft Azure Sphere. Guardian device doesn’t require a separate internet AT&T’s Guardian device doesn’t require a separate internet connection to connect […]

Verizon Communications Inc. (NYSE:VZ) Introduces Inseego MiFi M2100 5G WiFi Hotspot To Connect 30 Devices: Inseego Supports 4G LTE and 5G and Upcoming Low Band Spectrum

Verizon Communications Inc. (NYSE:VZ) unveiled a new 5G WiFi hotspot – Inseego MiFi M2100. The new device costs $400 and economical compared to the previously released device that costs $650. MiFi M2100 supports both 5G and 4G LTE. It will also support the forthcoming 5G low band spectrum. Inseego supports connectivity for up to 30 […]

AT&T Inc. (NYSE:T) To Improve Balance Sheet Position Through Debt Repayment

AT&T Inc. (NYSE:T) is seeking to ease its debt burden by repaying its upcoming debt maturities. The company recently issued notices to redeem three series of bonds, amounting to $1.2 billion to improve its liquidity position. AT&T wants to improve its capital structures as it navigates the global recession caused by the COVID-19 pandemic. As […]

T-Mobile Us Inc (NASDAQ: TMUS) Says It Has Overtaken AT&T Inc. (NYSE: T) to Become Second Largest In Terms Of Subscribers

T-Mobile Us Inc (NASDAQ:TMUS) says it has claimed second positions in terms of wireless providers in the US after the company added more monthly subscribers than expected in the second quarter of 2020. The company says it has overtaken its rival AT&T Inc. (NYSE:T) to claim the second position, although analysts argue that the numbers […]

AT&T Inc. (NYSE:T) Reports Drop In Profit Due To Growing Competition From Satellite TV And COVID-19 Effects

AT&T Inc. (NYSE:T) reported a drop in its profit for the second quarter, what the telecom and media giant attributes to effects of the COVID-19 and a market overcrowded by satellite-TV. The growing competition from satellite TVs has led the company to hold on from launching its video streaming services. According to the company’s Q2 […]

AT&T Inc. (NYSE:T) To Lay Off More Than 3,000 Jobs And Close 250 Stores

AT&T Inc. (NYSE:T) announced plans to cut more than 3,000 jobs and close 250 stores. Although the company is yet to confirm the exact number of jobs affected, around 3,400 jobs, clerical jobs, technician, and managerial and executive roles, will be affected. In addition to job cuts, the company will close 250 retail stores, among […]

AT&T Inc (NYSE:T) Gave A Fake Promise On Time Warner’s Content Distribution

It was a few years back that AT&T Inc (NYSE:T) won in a court ruling that allowed it to close the purchase deal of Time Warner. The company had made a statement to the Congress outlining its take on the Time Warner-owned shows. The company’s earlier commitment The company’s CEO, Randall Stephenson, addressed the senate […]

AT&T Inc. (NYSE:T) Reaches A Deal With Hearst Television And Marks The Return Of Hearst Channels Back To DirecTV

AT&T Inc. (NYSE:T) and Hearst have ended their dispute and signed a new transmission accord. The deal allows the customers of DirecTV to watch the Golden Globes and NFL Playoff Games on Sunday because Hearst returns 34 channels. In a joint communication, both the companies expressed regret for the inconvenience caused to the customers and […]