VERIZON WIRELESS
Qualcomm signs major 5G infrastructure deal with SpaceX for Starlink Mobile network
Qualcomm said the equipment would provide a flexible foundation for a multi-band network, which can be deployed in stages. The initial rollout will focus on terrestrial 5G, with the architecture designed to accommodate developments in connectivity and network intelligence.
SpaceX in talks to buy Boost Mobile or use its network: Report
The Elon Musk-led rocket maker is looking to build a hybrid satellite-terrestrial mobile network through Starlink Mobile to challenge US wireless giants AT&T, Verizon and T-Mobile, combining its satellite constellation with ground based infrastructure to compete directly in the telecom market.
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock Market
Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS
Verizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The company has entered into a significant partnership with Amazon Web Services, securing an AI infrastructure agreement valued at over $2 billion. In the third quarter, Verizon reported a boost in subscribers that surpassed analyst predictions, though revenue dipped due to decreased device upgrades, as users kept their phones for longer.
Why US stocks are falling: Dow Jones crashes over 700 points as AI selloff, SpaceX fears hit markets
US stocks experienced a decline as AI related shares continued to selloff significantly over the week. The Dow Jones Industrial Average fell markedly, affecting overall investor sentiment in the market. Concerns regarding competition from SpaceX led to drops in major telecom stocks such as AT&T and Verizon. Meanwhile, energy stocks achieved record highs as oil prices rose amid ongoing supply concerns.
SpaceX seeks access to 80,000 US cell sites for wireless network: report
SpaceX is in talks with cellular infrastructure companies to secure access to at least 80,000 sites across the United States, Bloomberg News reported on Thursday, citing people familiar with the matter.
Telecom stocks under fire, sink up to 13% as Elon Musk’s Starlink buys spectrum from Grain Management
SpaceX’s move to acquire low-band spectrum licences has intensified concerns about disruption in the US telecom industry, sending shares of Verizon, AT&T and T-Mobile lower. The company plans to combine satellite connectivity with terrestrial infrastructure to expand Starlink Mobile coverage. The deal, alongside regulatory approval for its next-generation satellite constellation, signals an escalation in SpaceX’s challenge to established wireless operators.
US stocks: US market posts weekly gains with earnings, inflation data on tap
Wall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo and Goldman Sachs. Analysts predict a notable growth in S&P 500 earnings year-over-year, even as worries about consumer sentiment loom. Oil prices dipped initially due to conflicting US-Iran news but later recovered. Moreover, significant companies such as Delta Air Lines and Apple reported hurdles impacting their respective stock performances.
US stocks: US market rises as oil retreats; SpaceX spectrum deal hammers telecoms
Wall Street opened on a positive note this Friday as oil prices dipped, easing worries over Middle Eastern supply issues. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite each experienced a rise at the open. Nonetheless, the telecom industry faced headwinds following SpaceX's spectrum purchase, sparking competitive anxiety among its players, showcasing the market's mixed responses to sector-specific events.
US Stock Market prediction for Friday: S&P 500, Dow Jones, Nasdaq, Russell 2000 eye green openings, Stocks of Nvidia, Tesla, Amazon, Apple, Verizon, SpaceX to watch out today
US Stock Market prediction today: Megacap growth stocks were broadly higher on the day, with Nvidia up 1.6 per cent premarket, while Tesla and Amazon.com were higher by around 1 per cent each.
Vodafone confirms talks about stake sale in Verizon Wireless
Vodafone is in talks with US-based Verizon Communications to sell its 45 per cent stake in Verizon Wireless.
Apple to make iPhone for Verizon Wireless: Report
Apple Inc. plans to make a version of its popular iPhone 4 available through Verizon Wireless by early next year, according to published reports.
AT&T, Verizon look to replace cards with cell payments
AT&T and Verizon Wireless, the biggest US mobile carriers, are planning a venture to displace credit and debit cards with smartphones.
Verizon Wireless, Google in Android partnership
Verizon Wireless and Google Inc. say they are teaming up to speed development of new mobile devices based on Google's Android software that will run on Verizon's cell phone network.
AT&T to buy territories from Verizon for $2.35 bn
AT&T Inc said on Friday it will buy the assets of Verizon Wireless in 79 mainly rural areas for $2.35 billion, a deal that will affect more than 1 million subscribers.
Verizon told to sell assets before merger
The Justice Department wants Verizon Wireless to sell assets in 22 states before merging with Alltel Corp. in a $28 billion deal to create the largest wireless carrier in the United States.
Verizon Wireless agrees to buy Alltel for $5.9 billion
Verizon Wireless has agreed to buy Alltel Corp for $5.9 billion, which would make it by far the largest cellular carrier in the US. All about Smartphones | Hot Handsets
Verizon unveils three cell phones
Verizon Wireless unveiled three new cell phones on Wednesday for the holiday season, including a high-end handset named Voyager that will compete with Apple’s iPhone.
Verizon Wireless sues FCC over final spectrum auction rules
Verizon Wireless has launched an appeal against the Federal Communication Commission's final rules for the upcoming auction of radio spectrum.
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