Telecom Industry News
A collection of Telecom latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Stocks rebound but SpaceX fears spark telecommunications falls
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. European stocks rallied on Friday, as oil prices fell…
Stocks rebound but SpaceX fears spark telecommunications falls
European stocks rallied on Friday, as oil prices fell, despite weak telecommunications stocks as worries of competition from satellite-based mobile services sparked sharp falls. In London, the FTSE 100 index ended up 110.45 points, or 1.1%, at…
SpaceX's Wireless Move Trips Up Telecoms
This is an edition of the Markets P.M. newsletter, a recap of the day's most important markets moves, delivered after the closing bell. If you're not subscribed, sign up here. Stocks ended the week with a rally. After a sharp drop on Thursday, tech…
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0629 GMT – Semiconductor companies are set to voice confidence during the upcoming earnings…
SpaceX spectrum deal to expand its Starlink network in the US sends telecom stocks tumbling
SpaceX stock is muscling in on US telecom territory and it's rattling the shares of top US communications giants on Friday. SpaceX jumped as much as 4%, riding a wave of bullishness following an announcement on Thursday that the company had reached…
Wall Street Breakfast Podcast: Telecom Stocks Lose Signal
Download this episode on Apple Podcasts / Spotify or listen below: Starlink's (SPCX) $8B power play sends telecom stocks tumbling. (00:14) Meta (META) is cutting off ByteDance ads. (01:05) Apple (AAPL) reportedly cuts component orders. (01:47) This…
SpaceX spectrum acquisition ripples through telecom stocks
SpaceX 's plan to compete with the major cell phone service providers is coming into sharper focus — and raising investor concerns about the threat it poses to traditional telecom companies. Why it matters: Elon Musk has designs on turning…
SpaceX takes major step toward offering cell service, putting big telecom on edge
Elon Musk's SpaceX is moving to get into the cell phone business — scooping up billions of dollars' worth of cellular spectrum licenses and putting traditional telecom giants on the defensive. Musk's company reached an $8 billion deal for…
Elon Musk Just Delivered Great News to SpaceX Investors and Bad News to Traditional Telecom Investors
Space Exploration Technologies Corp (SPCX +0.46%) recently announced plans to acquire a low-band spectrum portfolio that will better enable it to broadcast the internet through walls and other solid structures. SpaceX is acquiring the portfolio…
US, European telecom stocks slide as SpaceX spectrum deal rattles sector
Oct 9: US and European telecom stocks tumbled on Friday after SpaceX's acquisition of low-band spectrum heightened concerns over growing competition from satellite-based mobile services. T-Mobile US, Verizon and AT&T fell between 5.5 per cent and…
Shenandoah Telecommunications (NASDAQ:SHEN) Shares Down 4.9% - Time to Sell?
Shenandoah Telecommunications Co (NASDAQ:SHEN - Get Free Report)'s stock price traded down 4.9% on Friday. The company traded as low as $11.08 and last traded at $10.96. Approximately 11,894 shares changed hands during mid-day trading, a decline of…
The Microsoft Ban Should Go Further (Telecommunications Cybersecurity and Resilience Act Incompatible With Back Doors)
The Web site Inside Towers has this news report which says 'Senators Introduce Telecommunications Cybersecurity and Resilience Act' (sounds like 'CRA'). As noted by an associate, 'if actually legit, it would ban networked proprietary software in…
Eutelsat OneWeb Awaits Indian Government Approval for Satellite Broadband Services
Eutelsat OneWeb, backed by Bharti Enterprises, is actively seeking crucial approvals from the Indian government to launch its satellite communication services, a development closely watched amidst ongoing debates about market entry for global…
Elon Musk is escalating his beef with India's richest man. Here's why.
Elon Musk is picking a fight with India's richest man — again. In the past few days, Musk has been criticizing regulatory approval delays for Starlink's satellite-based internet in India, pointing the finger at 'certain oligarchs' who want…
Stock Market Today, Oct. 9: Verizon Slides on SpaceX Spectrum Deal and Scotiabank Target Cut
Premium Feature Moneyball Superscore Verizon Communications (VZ -8.75%), a wireless and broadband carrier, closed at $41.65, down 10.14%. Friday's slide followed a spectrum deal by Space Exploration Technologies Corporation (SPCX +1.25%), better…
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