AT&T exceeded analysts' estimates last week for the company's new monthly phone contract subscribers. This occurred as American consumers looked to benefit from emerging 5G technologies during the second quarter. Having added 789,000 new postpaid phone subscribers to its network, AT&T raised growth forecasts for both its full-year revenue...
British multinational telecommunications company BT reported a 3% rise in its first-quarter adjusted earnings late last week, attributing this increase to improved trading across its businesses. This comes after the company reported 1.87 billion pounds ($2.61 billion) in adjusted core earnings on total revenue of 5.07 billion pounds ($7.06...
French conglomerate Bouygues SA announced on Saturday that it will be buying Equans, the services unit of energy giant Engie SA. The purchase, worth 7.1 billion euros ($8.2 billion), is one of the largest deals in France this year. This is also the largest acquisition to be completed by...
Private messaging app Signal was restored to full functionality on Saturday after the platform experienced some downtime when it was flooded by waves of new users. This was due to many consumers deciding to use Signal after WhatsApp decided to introduce a monumental change in its privacy policy regarding...
In an auction over 5G airwaves across the United States, bidding has exceeded $76.5 billion, making it the most expensive auction to be run by the Federal Communications Commission to date. The auction, which began last month, started out with 57 potential bidders.
With the bidding war already reaching new...
Spanish telecom company Telefonica plans to sell their mobile phone masts. Owned by its Telxius division in both Europe and Latin America, they’ll be selling it to American Towers for a whopping 7.7 billion euros, which is the equivalent to approximately $9.41 billion.
The 30,000 mobile phone masts included in...