Tag: $AT&T

Shares of the three major U.S. mobile carriers slid in premarket trading early on Friday. AT&T shares dropped 3.74% to $21.89, while Verizon fell 3.25% to $43.73. T-Mobile’s stock dropped 3.13% to $153.82.

It seems an earnings beat, raised profit guidance, and bigger stock buybacks aren’t quite enough for AT&T investors on Wednesday.

SpaceX announced a wireless spectrum acquisition late Thursday, stoking fears of wireless telecom disruption and sending shares of AT&T and its peers lower.

In the quantum space, commercial traction is often the strongest signal of progress. D-Wave Quantum QBTS just provided investors with some reassurance.

AT&T added more wireless subscribers than expected in the second quarter, as its revamped ‌low-cost, unlimited plans along with bundled mobile and ‌broadband offerings attracted value-conscious customers.

The U.S. Federal Communications Commission said Tuesday it approved EchoStar’s $40 billion sale of wireless spectrum to SpaceX and AT&T because the move would boost connectivity across the country.

AT&T has been spending up as it looks to strengthen both its wireless and internet networks, and those investments are driving subscriber gains.

AT&T will spend more than $250 billion over five years in the ‌U.S. to expand its network infrastructure and will hire thousands of technicians this year, it said on Tuesday, as telcos ramp up investments to support surging data demand.

AT&T (T) reported fourth quarter EPS of $0.52, $0.06 better than the analyst estimate of $0.46. Revenue for the quarter came in at $33.5B versus the consensus estimate of $32.87B.

AT&T (T.N), added more wireless subscribers than expected in the third quarter on Wednesday, as bundled plans and heavy promotions around the latest iPhone launch helped it attract more customers in a fiercely competitive market.

AT&T (T.N), said on Tuesday it has agreed to purchase certain wireless spectrum licenses from EchoStar (SATS.O), for about $23 billion, as the U.S. telecom giant scales its network to stay ahead in a competitive market.

AT&T stock was a touch lower on Wednesday, even though the wireless carrier topped Wall Street’s earnings expectations. Investors may have been looking for perfection after rival Verizon Communications posted a beat-and-raise on Monday.

AT&T beat Wall Street’s first-quarter revenue targets on Wednesday, as more customers than expected switched to its cellphone plans amid worries about the health of the U.S. economy.

AT&T’s fourth-quarter wireless subscriber growth surpassed expectations on Monday, fueled by strong demand for its discounted premium plans combining 5G mobile with high-speed fiber data services.

AT&T expects its free cash flow to be more than $18 billion in 2027, the company said on Tuesday as it detailed a three-year vision for the business to expand its 5G and fiber services across the United States.

AT&T gained more wireless subscribers than expected in the third quarter, driven by the steady adoption of its higher-tier unlimited plans that come with perks including increased hotspot data, sending its shares up 3.1% in premarket trading.

Ericsson shares rallied on Tuesday as the Swedish telecom equipment maker said the market is stabilizing as North America returns to growth.

AT&T Inc. said Monday it has agreed to sell its 70% stake in satellite-TV company DirecTV Entertainment Holdings LLC to its partner, private-equity firm TPG Inc., for about $7.6 billion in cash payments through 2029.

AT&T exceeded market expectations for wireless subscriber additions in the second quarter on Wednesday, as the telecom operator’s higher-tier unlimited plans attracted customers.

AT&T Inc.’s stock fell 3% early Friday, after the telecommunications giant said hackers unlawfully accessed and copied call logs containing records of customer calls and texts from the period stretching from May 1 to Oct. 31, 2022, as well as on Jan. 2, 2023.