Telecommunications
Telecom giant Ericsson claims Europe’s market framework is ‘probably unsustainable’
Ericsson just lately announced it is scheduling to reduce 8,500 jobs as portion of its expense-chopping measures. Nurphoto | Nurphoto | Getty Visuals The main government of Swedish telecom company Ericsson on Monday warned Europe’s field structure is possible unsustainable, contacting for consolidation throughout the location to strengthen competitiveness. The remarks come soon just after the […]
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One more smartphone supports satellite connectivity, as cellular room race heats up
British smartphone firm Bullitt on Friday introduced a new cellphone able of sending text messages via place, signing up for a crowded race to commercialize satellite-enabled gadgets. The cell phone, which suits into the “rugged” classification of durable handsets, arrives in two variations: the Caterpillar-branded Cat S75, which is aimed at the European market and […]
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Cox launches mobile business, joining Comcast, Charter, Altice
In this photo illustration, the Cox Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Cox Communications is ringing in the new year with the official launch of its mobile business. The privately held cable and internet operator plans to announce the national launch of Cox […]
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MoffettNathanson downgrades AT&T, says telecom stock is overvalued heading into 2023
There’s trouble ahead for AT & T as it competes with Verizon , according to MoffettNathanson. Analyst Craig Moffett downgraded AT & T to underperform from market perform, saying it’s time to sell the stock ahead of 2023 after its outperformance this year. Shares of AT & T are down just 0.5% in 2022, compared […]
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Southeast Asia’s 5G outlook stays ‘bleak’ in short time period despite tech giant partnership, report says
5G continues to be in a nascent phase in Southeast Asia, despite acceleration endeavours. Jakub Porzycki | Nurphoto | Getty Visuals The Tech Mahindra-Axiata Team Berhad partnership may perhaps assistance speed up 5G in Southeast Asia but the short-time period outlook for the marketplace is “bleak,” Fitch Solutions explained in a nation possibility and business […]
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Altice USA stock sinks after tough third quarter earnings
Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report. The company, which provides broadband, cable-TV, wireless and phone services, saw its shares sink following Wednesday’s earnings report that net income and revenue fell […]
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Raymond James upgrades AT&T to strong buy, says telecom giant can surge 40%
AT & T ‘s prospects keep getting better, according to Raymond James. Analyst Frank G. Louthan upgraded shares of AT & T to strong buy from outperform, saying the telecommunications company’s return to its core business has improved the stock. “We believe this stronger rating is appropriate given AT & T’s simpler story is starting […]
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U.S. satellite giant Viasat’s $7.3 billion takeover of British isles rival Inmarsat faces in-depth competitors probe
The places of work of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Photographs The U.K.’s opposition regulator released an in-depth probe into American satellite world wide web business Viasat’s $7.3 billion deal to purchase British rival Inmarsat. The Competitiveness and Markets Authority on Friday referred the takeover for a so-identified […]
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United kingdom extends deadline to take away Huawei from 5G networks right after 1 carrier warned of outages
An picture of a girl holding a cell cellular phone in front of a Huawei brand displayed on a laptop display. Canada on Thursday mentioned it strategies to ban the use of China’s Huawei Technologies and ZTE 5G gearto secure countrywide protection, joining the rest of the so-named 5 Eyes intelligence-sharing network. Artur Widak | […]
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Verizon looks attractive after years of underperformance, Oppenheimer says in upgrade
Oppenheimer thinks Verizon finally looks attractive after years of underperformance, noting the stock could surge more than 25% from here. Analyst Timothy Horan upgraded Verizon to outperform from perform. The analyst also slapped a price target of $50 on the stock. Verizon shares rose 1.5% in the premarket. “The catalyst is what we anticipate will […]
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