Telecom & Wireless

Telecom & Wireless Articles

Ciena reported mixed fiscal fourth-quarter financial results and offered guidance before the markets opened on Thursday.
Equinix shares saw a handy gain on Tuesday after the company announced that it is purchasing a portfolio of 24 data center sites and their operations from Verizon for $3.6 billion.
All four of these companies are expected to benefit from the changes in Title 2 of the Communication Act and net neutrality.
President-elect Trump has on several occasions expressed his opposition to net neutrality, once calling it "another top down power grab."
Investors look through various research reports to find new value in many different forms. In this case one key analyst firm is making a large shift and announcing its change in preference.
Investors have learned over time that mergers can take years to accomplish. In other cases, those integrations just never really pan out.
CenturyLink and Level 3 Communications announced Monday morning that the former will acquire the latter in a deal valued at $34 billion.
It is that time of the quarter when the four major telecom companies slug it out with earnings. Next up: AT&T.
Verizon Communications reported mixed third-quarter financial results before the markets opened on Thursday.
Verizon Communications is scheduled to report its third-quarter financial results before the markets open on Thursday.
Verizon and AT&T both dominate communications in mobile and terrestrial phones and data plans. But after that, there has been a clear difference in how they are moving their businesses.
CenturyLink says it will lay off 8% of its workforce, or more than 3,000 employees. The wild competition within the telecom industry may make a recovery difficult.
Jefferies reiterated its price target on AT&T, noting the ways in which the company is well-positioned to meet future demands.
Some profit-taking selling has knocked these four companies back into very reasonable valuation levels.
There may be other blue chips, but none has the iron-clad balance sheets, wide moats for most of its businesses and management that largely has been viewed as steady and smart.