News

Comcast stock soars on management’s plans for splitting telecom and media businesses. Here’s what that would mean for CMCSA shares.

Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its ‌cash-generating broadband arm from a media and entertainment business ‌under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is ‌set to boost competition. Comcast, ⁠which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless ⁠offerings from T-Mobile and Verizon and to fiber rivals building out networks.

Passive funds that track the Nasdaq-100 index will have to buy billions of dollars worth of SpaceX stock thanks to the fast-track inclusion.

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...

The Federal Communications Commission’s first spectrum auction after a four-year hiatus. brought in upwards of $3.5 billion in total, the agency said.

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

Elon Musk's SpaceX has ‌told investors ‌that it plans to ​launch a Starlink mobile service for U.S. consumers, the Financial ‌Times ⁠reported on Friday, citing people familiar ⁠with the matter. SpaceX was considering ​launching a ​Starlink ​retail product ‌and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told ‌investors during ​a recent ​IPO ​roadshow, according ‌to the FT ​report. Reuters ​could not immediately verify the report.

Elon Musk’s SpaceX has told investors that it plans to launch a new Starlink mobile service for US consumers, in a move that would upend the...

A TD Cowen analyst suggested SpaceX's Starlink unit could look to acquire a major U.S. wireless carrier like T-Mobile to secure the infrastructure needed for its suburban and urban mobile broadband ambitions.

SpaceX's IPO debut offers a template for trading Anthropic and OpenAI's expected Q4 2026 IPOs, including proxy vehicles, supply chain plays, and software sector rotation.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...

(Bloomberg) -- The Trump phone is finally here — sort of — and it bears little resemblance to the original pitch.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealFirst introduced a year ago at Trump Tower by President Donald Trump’s eldest s

WASHINGTON, June 15 (Reuters) - The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm Grain Management to acquire key wireless spectrum from T-Mobile but

The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm ‌Grain Management to acquire key wireless spectrum from T-Mobile but potentially ‌delay its use for years. Last year, T-Mobile agreed to sell its portfolio of 800 MHz licenses ​to private investment firm Grain Management for $2.9 billion in cash and all of Grain's 600 MHz spectrum licenses.

Timotheus Höttges transformed Deutsche Telekom by doubling down on America’s maverick brand, T-Mobile. His final test is a $300 billion-plus deal.

What SpaceX’s Starlink is worth is for each investor to decide. How it works is easier to say. It’s remarkable.

AT&T has refreshed its internet plan lineup amid intensifying competition in the broadband industry. While AT&T welcomed 584,000 new internet customers in the first quarter of 2026, according to its most recent earnings report, T-Mobile attracted over 500,000 and Verizon gained 341,000. In ...

According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's ‌satellite broadband unit Starlink expands, Oppenheimer said in a ‌note on Wednesday, adding that legacy broadband providers like AT&T may be most ​at risk. • Oppenheimer said companies such as AT&T, Verizon Communications and T-Mobile could see ⁠faster declines in subscribers and revenue going forward. • Oppenheimer ​raised its 2030 estimates for ​U.S. broadband subscribers to ‌15 million from 10 million earlier.

Institutional capital is strategically rotating into mid-cap space logistics equities ahead of the highly anticipated initial public offering of SpaceX.

Starlink faces hurdles turning into a hybrid satellite-terrestrial wireless network operator. The SpaceX IPO has pressured telecom stocks.

As the big three mobile carriers aim to incorporate satellite services to eliminate dead zones, AST SpaceMobile is positioned to challenge SpaceX’s Starlink market dominance.

Companies that pay hackers to find flaws in their software are being inundated with low-quality reports generated by AI, forcing some to suspend...

Deutsche Telekom AG (DTEGF) reports robust growth in organic service revenues and EBITDA, while expanding its fiber network and increasing its stake in T-Mobile.

WASHINGTON, May 14 () - The Federal ‌Communications Commission ‌said Thursday it has ​approved Verizon's 2024 $1 billion deal to acquire some ‌spectrum assets ⁠from U. Cellular to expand ⁠its network capacity and ​coverage.

The 3 largest U.S. wireless carriers will pool spectrum resources and satellite partnerships to extend mobile coverage in rural and remote areas

AT&T, T-Mobile and Verizon announced a wireless joint venture focused on using satellite-based, direct-to-device technology.

Verizon (VZ), AT&T (T) ‌and T-Mobile (TMUS) said ‌on Thursday that they ​agreed in principle to form a new joint venture ‌that ⁠seeks to address long-time coverage gaps ⁠especially in rural areas by ​using ​satellite-based ​technologies.

Verizon, AT&T ‌and T-Mobile said ‌on Thursday that they ​agreed in principle to form a new joint venture ‌that ⁠seeks to address long-time coverage gaps ⁠especially in rural areas by ​using ​satellite-based ​technologies. The largest ‌U.S. wireless companies said the plan seeks to end nearly all dead zones ‌without mobile ​service. The ​plan also aims ‌to ensure redundant ​connectivity ​during natural disasters and improved ​network ‌performance.

Elon Musk's private space venture, SpaceX (SPAX.PVT), is valued at over $1.5 trillion as investors await its mega-IPO in 2026. ER Shares COO and chief investment strategist Eva Ados explains why her firm is calling SpaceX a "three-engine empire," identifying its space infrastructure development, Starlink satellite, and possible space-based AI data centers as the company's core components and biggest drivers.