telecommunications

Nokia Oyj (NYSE: NOK) shares are trading higher Thursday after the company reported better-than-expected second-quarter sales results. The stock posted sales of 5.31 billion euros, beating the estimate of 5.16 billion euros. Earnings per share were 9 euro cents, beating the estimate of 4 euro...

The first-quarter results released by Telefonica S.A. (NYSE: TEF) suggest diminishing currency headwinds and easing COVID-19 comps from the second quarter should benefit the company’s organic growth recovery, according to BofA Securities. The Telefonica Analyst: David Wright maintained a Buy...

Vodafone and Google plan to develop a system called "Dynamo" that will be able to extract and transport data across different countries.  What Happened: Vodafone Group PLC (NASDAQ: VOD) and the cloud division at Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google...

AT&T Inc. (NYSE: T) reported its first-quarter revenues and earnings ahead of expectations. The focus of the results was on wireless subscriber growth, given the company’s better-than-expected net additions in the quarter, according to BofA Securities. The AT&T Analyst: David Barden...

AT&T Inc. (NYSE: T) could be about to make a move that would make income investors happy. What Happened: Reuters reports, citing people familiar with the matter, that AT&T and Texas-based private equity firm TPG are in exclusive talks over a deal for TPG to buy a minority stake in DirecTV....

Canadian telecom firm Cogeco Communications Inc’s (OTC: CGEAF) owners — the Audet family — rejected an enhanced hostile takeover attempt by Altice USA, Inc (NYSE: ATUS) on Sunday. What Happened: Louis Audet, the executive chairman of Cogeco, in a statement said that the...

In 2020, business phone services go far beyond having an office PBX installed. Powered by Voice-over-Internet-Protocol (VoIP) technology, business telephony suites now include a multitude of options, from video conferencing to voicemail-to-email features. With the VoIP market predicted to double to...

We go through many life changing events but not too many shift the dynamics of the general global population as much as the COVID-19 pandemic. With businesses and schools closed, events cancelled, and “shelter-in-place” orders, there’s been a significant uptick in the dependence...

For telecom companies, this year is all about 5G, the next generation of mobile broadband that promises exponentially faster upload and download speeds. Companies in this sector all want a slice of the 5G pie, making the race to 5G a competitive playing field. It’s much more than phones and...

The U.S. Commerce Department's Bureau of Industry and Security (BIS) on Nov. 18 extended a temporary general license 90 days to give mostly rural telecommunication services providers more time to continue their existing business deals with Huawei Technologies Co. Ltd. "The temporary general...

With the next two weeks marking the heart of earnings season, investors keeping tabs on the telecom industry can look for reports from two major companies with diverging strategies – AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ). VZ and T are the two largest wireless...

Chinese telecom giant Huawei Technologies Co. clandestinely helped North Korea build and maintain a commercial wireless network, The Washington Post reported Monday. What Happened The Post reported that Huawei worked in a partnership with a Chinese state-owned firm, Panda International...

Nokia Corporation (NYSE: NOK) said Monday it now has more than 40 commercial agreements with the companies building 5G networks as it seeks to be a top player in the behind-the-scenes work to create the infrastructure behind the next-generation communications networks. “Since the announcement...

Verizon Communications Inc. (NYSE: VZ) reported first quarter earnings per share (EPS) of $1.22 compared with $1.11 in the first quarter of 2018, and an adjusted EPS of $1.20 compared to $1.17 last year, defying analyst expectations. In the earnings report released April 23, the...

Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T), wireless industry competitors with diverging business strategies, are among the first major companies in the newly formed Communication Services sector to report this quarter. Investors will see if their revenue gets an expected...