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Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
CNBC· 2025-10-08 11:54
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cell service from space beginning next year.This deal, which did not have terms immediately available, brings direct-to-service connect via space to cell phone users on Verizon plans. It marks an expansion of a partnership between the two companies announced last year, according to a press release.AST shares surged more than 8% before the bell on Wednesday. Verizon shares added 0.8%.This is breaking news. Please refresh for updates. ...
How Verizon frightened wireless investors with these four words
MarketWatch· 2025-10-07 11:30
Core Viewpoint - Verizon's new CEO emphasizes a strategy focused on increasing market share, despite investor sentiment suggesting that continued losses may be more favorable for the company [1] Company Focus - The new leadership at Verizon is committed to a growth strategy aimed at enhancing market share [1] Investor Sentiment - Investors appear to believe that Verizon's ongoing decline in market position may be beneficial for the company overall [1]
Verizon Replaces CEO Vestberg With Former PayPal Chief Schulman
CNET· 2025-10-07 00:08
Leadership Change - Verizon announced the immediate replacement of CEO Hans Vestberg by Dan Schulman, former CEO of PayPal and a veteran in the telecom industry [1] - Vestberg will serve as a special advisor until October 4, 2026, focusing on a smooth transition and the integration with Frontier Communications, expected in Q1 2026 [2] - Mark Bertolini has been appointed as the new board chairman [2] Background of New CEO - Dan Schulman has been on Verizon's board since 2018 and served as CEO of PayPal from 2014 to 2023, with prior experience at AT&T, Virgin Mobile, and Sprint Nextel [3] Industry Context - This leadership change follows another significant CEO transition at T-Mobile, indicating a trend of leadership shifts within the wireless industry [4] - The timing of Verizon's leadership change is notable, occurring just after the end of Q3 2025 and shortly before the company releases its earnings [5] Customer Dynamics - In Q1 2025, Verizon lost nearly 300,000 wireless customers, attributed to seasonal fluctuations, while in Q2 2025, it lost 51,000 wireless postpaid customers but gained 50,000 wireless prepaid customers and 278,000 broadband customers [8] Market Conditions - The wireless industry in 2025 is described as "epically weird" due to tariffs, government cuts, and economic challenges [9] - Verizon is in the process of acquiring Frontier Communications, with the deal approved by the FCC in May 2025, contingent on ending its diversity, equity, and inclusion programs [9] Future Outlook - Speculation exists that the leadership change could be a precursor to developing 6G technologies, as the industry seeks transformative strategies to leverage investments in 5G [11]
Verizon Names Dan Schulman to Succeed Vestberg as CEO
Youtube· 2025-10-06 14:19
That announcement coming in the early hours of this morning. Why the change. What's going on there.So my sense is that Verizon is looking for answers for its growth problem. And they really have trailed AT&T and Verizon for several quarters, actually a couple of years now. And, you know, they've thrown they've made a lot of moves, taken a lot of action to try and course correct here and go from shared donor to share gainer in that postpaid wireless business, the contract business.And it just hasn't worked. ...
Verizon names a PayPal veteran its next CEO. Can that help its lagging stock?
MarketWatch· 2025-10-06 13:25
Verizon once was widely viewed as having the best wireless network, but that's now up in the air. New CEO Dan Schulman sees "a clear opportunity to redefine our trajectory. ...
T-Mobile US: Stock Price To Follow Strong Bottom-Line Growth (NASDAQ:TMUS)
Seeking Alpha· 2025-10-02 07:34
T-Mobile US, Inc. (NASDAQ: TMUS ) is an American communication heavyweight. The company offers telecommunication and wireless services, covering the US, Puerto Rico, and the US Virgin Islands. It operates under the iconic brand of T-Mobile, alongside Metro by T-Mobile, MintDear Reader,I am a Senior Derivatives Expert with over 10 years of experience in the field of Asset Management, specializing in equity analysis and research, macroeconomics, and risk-managed portfolio construction. My professional backgro ...
T-Mobile US: Stock Price To Follow Strong Bottom Line Growth
Seeking Alpha· 2025-10-02 07:34
Company Overview - T-Mobile US, Inc. is a major American telecommunications company providing wireless services across the US, Puerto Rico, and the US Virgin Islands [1] Services Offered - The company operates under the T-Mobile brand and also includes Metro by T-Mobile and Mint [1] Analyst Background - The analysis is conducted by a senior derivatives expert with over 10 years of experience in asset management, focusing on equity analysis, macroeconomics, and risk-managed portfolio construction [1] Investment Philosophy - The company emphasizes the importance of understanding macro trends that influence asset prices and investor behavior, while also advocating for accessible and empowering investing [1]
Southern Linc and Georgia State Agencies Celebrate Interoperability Project with Ceremony at the Capitol
Prnewswire· 2025-10-01 14:00
Core Insights - Southern Linc has completed the Georgia Statewide Communications Interoperability Project, enhancing radio communications for public safety and emergency management agencies across Georgia [1][2][3] - The project allows various state agencies to operate cohesively during emergencies, improving response times and operational efficiency [4][6] Group 1: Project Overview - The Georgia Statewide Communications Interoperability Project integrates disparate radio systems of first responders and government agencies, enabling unified communication [1][4] - Southern Linc's CriticalLinc™ LTE network provides state, regional, and nationwide MCPTT communication capabilities [2][3] Group 2: Benefits and Impact - The enhanced communication system has expanded Georgia's radio communications by thousands of miles, allowing seamless monitoring and support during evolving events [3][5] - The project has already proven invaluable in emergency responses, such as Hurricane Helene and interstate criminal pursuits [3][4] Group 3: Partnerships and Technology - The project exemplifies collaboration between Southern Linc and various state agencies, enhancing public safety communications systems [6] - Southern Linc utilized L3Harris radios and LMR-to-LTE radio network gateways to integrate multiple radio systems [4][6]
EchoStar stock jumps as Verizon weighs purchase of wireless spectrum (SATS:NASDAQ)
Seeking Alpha· 2025-09-30 09:17
Core Viewpoint - EchoStar's shares increased by 8.8% in premarket trading following reports of Verizon Communications negotiating to acquire part of EchoStar's wireless spectrum portfolio [4]. Group 1: Company Developments - The discussions are centered around EchoStar's AWS-3 licenses, which are significant for supporting 5G wireless signals [5].
Jim Cramer Notes T-Mobile’s Valuation Alongside Earnings Growth Forecast
Yahoo Finance· 2025-09-25 17:05
Group 1 - T-Mobile US, Inc. is considered a relatively cheap stock within the S&P 500, with a projected earnings growth of 19.4% for the next year, trading at just over 18 times next year's earnings [1] - A leadership transition is occurring, with CEO Mike Sievert becoming vice chairman and COO Srini Gopalan taking over as CEO on November 1st [1] - Despite a bullish sentiment expressed earlier, T-Mobile's stock has decreased by approximately 9.4% since the positive comments were made [2] Group 2 - T-Mobile provides a range of services including wireless communication, high-speed internet, and mobile devices, which encompass voice, data, messaging services, device financing, insurance, and accessories [2] - The company has been noted for its aggressive marketing strategies and competitive deals, particularly in the smartphone market [2] - There is a belief that certain AI stocks may offer greater upside potential compared to T-Mobile, indicating a competitive investment landscape [3]