Italy's antitrust regulator announced recently that it will be officially launching a probe into a technical and distribution deal between sports streaming app DAZN and Telecom Italia, in which DAZN secured the rights to screen Italian Serie A soccer matches over the next three seasons for a 2.5 billion...
Skyworks Solutions (SWKS) generated an unexpectedly high sales revenue of $956.8 million in the fourth fiscal quarter of 2020, the wireless chipmaker revealed in its earnings report.
While analysts projected earnings of $1.52 per share (resulting in total revenue of $842.4 million), Skyworks managed to achieve a revenue of $1.85...
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...
Messaging platform WhatsApp finds itself in hot water with users worldwide, following its decision to update its privacy policy that enables it to share users’ data with Facebook and other properties owned by the group.
This update has led to a vast amount of mistrust within several of WhatsApp’s leading...
Wednesday’s bidding on the 5G wireless spectrum became the telecom industry’s most expensive auction ever, with nearly $70 billion being spent as leading telecom companies compete for airspace on the new network.
Analysts predict that AT&T, Charter Communications, Comcast, T-Mobile US, and Verizon Communications are among the leading bidders. While...
Nokia stock soared a whopping 16% in premarket trading, after posting surprisingly impressive performance numbers in Q1. The main reason behind this surge is thanks to 5G, but nevertheless, analysts did not expect things to go so swimmingly for them at this juncture.
Back in October, the Finnish telecom company...
With the European Union's sights set on rolling out 5G across its 27 member states, the body will need to invest €300 billion ($355 billion) into its telecommunications infrastructure by 2025, a study by consulting firm BCG found. Commissioned by telecoms lobbying group ETNO, BCG performed its study at...
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...
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...