Telecom Industry News
A collection of Telecom latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
A Veteran of the Telecom Bust Navigates the AI Boom
The historic telecommunications crash of 2001 is burned indelibly into Ciena CEO Gary Smith's memory, yet he is cautious about viewing rising anxiety over today's AI boom as an echo of that past. Smith, 66 years old, has led the optical networking…
Wall Street Futures Lose Ground; Telecom Stocks Slide in Premarket Trading
A technology-led selloff kept U.S. equity futures under pressure early Friday, while wireless carrier stocks fell after Bloomberg reported SpaceX was seeking access to at least 80,000 cell sites. Reuters' futures snapshot at 6:09 a.m. ET (10:09…
Telecom Stocks To Follow Now - October 24th
MarketBeat Week in Review – 10/19 - 10/23 SpaceX, Verizon Communications, AT&T, T-Mobile US, AST SpaceMobile, Dycom Industries, and BCE are the seven Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom…
Hegseth warns prediction market bets warp military judgment, endanger troops
Defense Secretary Pete Hegseth issued a memo warning military personnel against using nonpublic information to make bets on prediction markets, saying the wagers could give important clues to enemy countries. “Do Not Compromise Military…
Iran Has 'Detailed Plans' to Attack Undersea Cables, Says Report
Iran reportedly has “detailed plans” to attack undersea cables in the Gulf, in the event of future attacks by Israel or the US. Fiber-optic undersea cables carry the vast majority of the world's internet bandwidth, and are…
Diversify Advisory Services LLC Makes New $2.18 Million Investment in SK Telecom Co., Ltd. $SKM
Diversify Advisory Services LLC purchased a new stake in shares of SK Telecom Co., Ltd. (NYSE:SKM - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 66,446 shares of the Wireless…
Stock Market Today, Oct. 23: AT&T Slides on SpaceX Cell-Site Talks
AT&T (T -7.96%), a wireless and fiber telecom services provider, closed at $20.93, down 7.96%. Bloomberg's report on SpaceX's cell-site talks pressured the stock, and investors are now watching wireless competition and capital strategy. Trading…
U.S. Markets Close Lower On Friday As Dow Jones Industrial Average (INDEXDJX: .DJIA) Slides 1.24%
U.S. stocks finished Friday's session in negative territory, with losses across the Telecoms, Consumer Services, and Consumer Goods sectors dragging major indexes downward. The Dow Jones Industrial Average dropped 1.24% by the closing bell, while…
Tech investor Paul Wick says 'doom and gloom' over AI is overblown
The AI boom has shades of the dot-com bubble, but fears of an imminent crash and mass unemployment are overblown, a veteran tech investor says. At the turn of this century, there was an explosion in dot-com startups being formed, and a huge…
Lenders Are Mystified by Virgin Media's Vendor Financing Notes
This article is for subscribers only. Welcome to The Brink. It's Libby Cherry, Edward Clark and Eleanor Duncan, and we've been reporting on Virgin Media's vendor financing notes, which divide opinion among lenders. We also have news on Optimum…
Why AT&T Stock Plunged on Friday
Shares of AT&T (T -7.96%) fell 8% on Friday after a new report stoked investors' fears of a potentially disruptive encroachment by Space Exploration Technologies (SPCX +1.89%) into the lucrative U.S. wireless market. SpaceX is in talks to obtain…
What a day in customer service looks like - as AI changes everything
AI tools are taking on routine customer-service tasks and administrative work, allowing human employees to spend more time on complex cases. Workers told CNBC that AI errors can create extra work, however, and make difficult interactions even…
Scottish farmers consider pulling out of mobile mast deals amid huge rent cuts
One farmer has seen his annual mast rent fall from £6,500 to just £1,500, while a survey of 500 farmers found more than a third were considering ending their agreements. The warning comes as around 9% of Scotland's landmass still has no…
Rogers plans to charge extra for bill payments with a credit card - National
Rogers says it will begin charging most customers across Canada a 1.6 per cent processing fee next year for bill payments made using a credit card. Those changes will take effect starting Jan. 17, 2027, and do not apply in Quebec, according to the…
The AI infrastructure race: I've seen this movie before
Back in 2022, when the auto industry was fixated on autonomous vehicles, I was cofounder and chief technology officer at Luminar, where our lidar technology was helping enable the next generation of self-driving cars. Speaking at an automotive…
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