Core Insights - Verizon has successfully connected Smith Island, Maryland, to high-speed internet and mobile service for the first time, overcoming significant engineering challenges [1][2][3] - The project was funded by a $2.3 million grant from the State of Maryland, utilizing funds from the U.S. Department of the Treasury's Coronavirus Capital Projects Fund [4] Company Impact - Verizon's new services include 5G mobile service, high-speed internet for homes and businesses, and reliable home phone service, significantly enhancing the quality of life for residents [2][7] - The company generated revenues of $134.8 billion in 2024, indicating strong financial performance and capacity for innovation [5] Community Benefits - Improved quality of life through access to telehealth, online learning, and entertainment streaming [7] - Enhanced public safety with a reliable network for emergencies [7] - Economic growth potential for local businesses due to dependable online access [7] - Affordable internet solutions available for eligible customers, starting at $20 a month [3]

Core Theme - The theme for the 2025 Lumen Analyst Forum is "the trusted network for AI," highlighting the company's focus on integrating AI into its network strategy [3]. Company Strategy - Lumen is executing a bold strategy that includes building out its physical network, cloudifying telecom services, strengthening its financial foundation, and charting a clear path to growth [3]. Engagement and Collaboration - The company values the insights, engagements, and partnerships from industry analysts, emphasizing their importance to Lumen's operations and future [2].

(Bloomberg) -- Mexican billionaire Ricardo Salinas has posted a $25 million bond to avoid arrest in the US over an alleged debt some of his companies owe to AT&T Inc. Salinas, one of Mexico’s richest men with a fortune of $7.5 billion, according to the Bloomberg Billionaires Index, owns electronics retailer Elektra and other businesses like TV Azteca and Banco Azteca. He’s a vocal opponent of Mexican President Claudia Sheinbaum, who has repeatedly criticized him and his companies for allegedly not paying ...

Core Insights - Verizon Communications, Inc. has deployed advanced converged network services at the Enterprise Center, home of the St. Louis Blues, to enhance digital connectivity for fans and staff [1][2] - The Verizon Business segment has experienced a decline in revenues, down 0.3% to $7.27 billion in Q2, primarily due to lower demand in wholesale, enterprise, and public sectors [3][7] - Competitors such as AT&T and T-Mobile are also expanding their presence in the sports entertainment sector, with significant upgrades to connectivity in various venues [4][5] Company Developments - Verizon Business collaborated with St. Louis Blues and Extreme Networks to install a robust wired and wireless internet system at the Enterprise Center, ensuring ultra-fast and reliable connectivity [2][7] - The recent customer win at the Enterprise Center may help reverse the declining revenue trend in the Verizon Business segment [3][7] Competitive Landscape - Verizon faces competition from AT&T and T-Mobile, both of which have made significant investments in enhancing digital experiences in sports venues [4][5] - AT&T upgraded connectivity at the Caesars Superdome, while T-Mobile has been selected as the official telecommunications provider for the Los Angeles 2028 Olympics [4][5] Financial Performance - Verizon's stock has decreased by 3.6% over the past year, contrasting with the Wireless National industry's growth of 13.1% [6] - The company's price/earnings ratio is currently at 8.86, down from the industry average of 13.3 [9] - Earnings estimates for 2025 remain unchanged, while estimates for 2026 have shown improvement over the past 60 days [11]

Laying Fiber Shentel construction team running reels of new fiber line. EDINBURG, Va., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (Nasdaq: SHEN), a leading provider of broadband services, recently extended high-speed, gigabit internet service to approximately 3,300 additional homes in Campbell County, Virginia and plans to add about 200 more by the end of the month. This $20 million construction project is partly funded by the Commonwealth of Virginia’s nationally ...

Leadership Change - T-Mobile US will appoint Srini Gopalan as the new Chief Executive Officer, effective November 1, replacing Mike Sievert, who has held the position for nearly six years [1][8] - Mike Sievert will transition to the role of vice chairman, where he will continue to advise management on strategy [1][8] Background of Srini Gopalan - Srini Gopalan, aged 55, has a strong educational background, having studied business administration at St. Stephen's College in New Delhi and earned an MBA from IIM Ahmedabad, India's leading business school [2][8] - Gopalan joined T-Mobile in March 2025, bringing extensive expertise in technology, telecommunications, and business operations [3][8] - He previously served as CEO of Deutsche Telekom's Germany business, where he doubled the company's growth rate and expanded fiber access to millions of homes [3][4][8] Achievements and Experience - Gopalan has a proven track record of driving operational excellence, digital transformation, and customer-first strategies [3][8] - As a board member for Deutsche Telekom in Europe, he played a key role in transforming the business into one of the fastest-growing telecom operations in the region, achieving high customer satisfaction rankings [6][8] - Prior to his role at Deutsche Telekom, Gopalan held senior leadership positions at Bharti Airtel, Capital One, and Vodafone, focusing on growth strategies and leveraging data and digital innovation [8] Compensation - Upon joining T-Mobile, Gopalan was appointed as Chief Operating Officer with a salary of $1 million and potential bonuses exceeding $11 million, effective March 1, 2025 [7][8]

Why is now the right time for you to hand over the reins in this way. Because Sweeney's ready. You know, T-Mobile does it differently.We believe in thoughtful succession. I recruited Sweeney to the CEO position almost a year ago, and he has killed it. And he has an incredibly inspiring vision for the future.And I also wanted to pick a moment when the company is firing on all cylinders, because I think you should do succession amidst success. And so we picked our moment because Sweeney's ready. He's the pers ...

T-Mobile US Inc. will elevate its chief operating officer, Srini Gopalan, to the chief executive officer spot on Nov. 1, replacing Mike Sievert, who has held the job for nearly six years.Sievert, 56, will become vice chairman, a new position in which he’ll continue to advise management on strategy, the telecom carrier said in a statement Monday.Gopalan, 55, joined T-Mobile in March. He was previously CEO of the German unit of Deutsche Telekom, T-Mobile’s controlling shareholder. German media reported in Jun ...

Core Insights - Verizon Great Lakes and the Chicago Bears have partnered to provide $2 million in medical debt relief for Illinois veterans as part of a larger $22 million commitment to eliminate medical debt for veterans in the Great Lakes region through 2026 [1][2] Group 1: Initiative Overview - The initiative aims to alleviate the significant burden of medical debt that disproportionately affects veterans transitioning to civilian life, thereby promoting financial stability for those who have served [2] - Since its launch in 2024, Verizon's veteran medical debt relief program has erased $8.79 million in medical debt for over 6,000 veterans, averaging more than $1,400 in relief per veteran [3] Group 2: Partnership and Support - The partnership with the Chicago Bears reflects a commitment to supporting veterans, emphasizing the importance of community collaboration in driving financial stability and well-being for veterans [4] - The Chicago Bears join Verizon's existing partnerships with other sports franchises, enhancing the impact of the veteran support initiative [4] Group 3: Implementation and Accessibility - Veterans benefiting from the relief efforts will be contacted directly by ForgiveCo, eliminating the need for application or enrollment [5] - Verizon also provides special discounts for veterans and active military members on mobile and home internet plans [5]

Core Insights - Verizon Business has completed a major converged network solution refresh at Enterprise Center, enhancing wireless connectivity for athletes, staff, and fans during the hockey season [1][2] - The upgraded network includes a comprehensive wired and wireless internet system, ensuring ultra-fast, secure, and reliable connectivity to improve operational efficiency and fan experience [2][3] - The new network solutions will be available for fans starting October 9, 2025, during the St. Louis Blues' home opener against the Minnesota Wild [3] Company and Industry Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024, serving millions of customers and nearly all Fortune 500 companies [5] - As the Official 5G Network for Enterprise Center, Verizon operates a neutral host Distributed Antenna System (DAS) to provide multiple connectivity options for fans [4] - The partnership between Verizon and Extreme Networks focuses on delivering high-speed connectivity and network visualization to enhance the experience during games and events at Enterprise Center [6]