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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 […]

AT&T Inc. (NYSE:T) Offers Free Shows: Oz To Game Of Thrones To Premium Mobile Customers To Counter Competition From Sprint And Verizon

Armed with TV Shows and classic movies amassed through the takeover of Time Warner, AT&T Inc. (NYSE:T) offers popular shows that include ‘the sex and city, ‘oz’, and ‘Game of Thrones’ to its mobile customers. The main aim of this move is to counter the streaming services of rivals such as Sprint, T-Mobile, and Verizon. […]

AT&T Inc. (NYSE:T) Not Ready To Divest or Sell DirecTV Business Amid Pressure From Elliott Management

AT&T Inc. (NYSE:T) may be looking for ways of improving its business but divesting DirecTV is not among the options the company is contemplating.  The company has been under pressure after Elliott Management which owns $3.2 billion interest in the company called for recommendations to enhance operations and improve leadership. AT&T not ready to yield […]

AT&T Inc. (NYSE:T) Should Consider Divesting Non-Core Assets and Focus on 5G Deployment, Says Investor

On Monday, a significant investor in AT&T Inc. (NYSE:T) indicated that the company needed to change its strategy to improve its business performance. The investor claimed that a run of missteps by the management had affected the company’s performance. Elliot Management Corp made the suggestions through a letter addressed to the board. The activist investment […]

AT&T Inc. (NYSE:T) And CBS Corporation Common Stock (NYSE:CBS) Strike Multi-Year Deal For U-verse, DirecTV And DirecTV Now

AT&T Inc. (NYSE:T) and CBS Corporation Common Stock (NYSE:CBS) have announced the signing of a new multi-year deal that will allow CBS channels back on U-verse, DirecTV, and DirecTV Now. The two companies revealed on Thursday that the agreement will facilitate the return of the CBS channels to DirecTV, DirecTV Now and U-verse. This includes […]

More Pressure On Netflix as AT&T’s (NYSE:T) HBO Max Materializes

AT&T’s (NYSE:T) is now officially coming after Netflix after the unveiling of a new streaming service. Notably, the telecom giant has been looking for ways through which it would have a piece of the burgeoning content streaming after acquiring Time Warner. Dubbed WarnerMedia after the acquisition, the company is preparing to launch HBO Max in […]

Alphabet Inc Class A (NASDAQ:GOOGL) Subsidiary Google Rumored To Be Working On A New Major Major U.S Carrier With DISH Network Corp (NASDAQ:DISH)

There have been rumors that Alphabet Inc Class A (NASDAQ:GOOGL) Subsidiary Google and DISH Network Corp (NASDAQ:DISH) have been working together towards creating a major carrier. Sources revealed that the two companies have been in talks that are aimed at creating a new major carrier that will rival T-Mobile Us Inc (NASDAQ:TMUS), Verizon Communications Inc. […]

A Tentative Deal Between AT&T Inc. (NYSE:T) And Communications Workers Of America (CWA)

AT&T Inc. (NYSE:T) will soon enter into a deal with the Communications Workers of America (CWA), which will be addressing AT&T Mobility Orange unit employees.  The holding company has more than 20,000 Mobility employees who are spread out in 36 states and the District of Columbia.  A majority of the company’s employees are in wireless […]

A Business Collaboration Deal Between Sprint Corp (NYSE:S) And T-Mobile US Inc (NASDAQ:TMUS) Could Make Sprint Formidable

An alliance between Sprint Corp (NYSE:S) and T-Mobile US Inc (NASDAQ:TMUS) should by all means pose worries to the telecom giant AT&T Inc (NYSE:T), and this was said at CNBC on Thursday by the CEO for Sprint, Marcelo Claure. While speaking to some top journalists working with one of the most renowned media house the top […]

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