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Charter Announces Third Quarter 2025 Results
Prnewswire· 2025-10-31 11:00
Accessibility StatementSkip Navigation STAMFORD, Conn., Oct. 31, 2025 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter"), which operates the Spectrum brand, today reported financial and operating results for the three and nine months ended September 30, 2025. "We are operating well in a competitive environment, where consumer products and applications haven't yet caught up with our uniquely differentiated network capabilities," said Chris Winfrey, Presiden ...
AT&T Files Lawsuit Against NAD to Defend Its Right to Make Truthful Claims About Competitors
Prnewswire· 2025-10-30 16:21
Accessibility StatementSkip Navigation DALLAS, Oct. 30, 2025 /PRNewswire/ -- We're committed to telling the truth about the competition's misleading claims Key Takeaways: AT&T has filed a complaint for declaratory relief against the NAD in response to its demands to remove our advertising and other messaging that centers around one simple fact: NAD has asked T-Mobile to correct their advertising at least 16 times over the last four years – more than anyone else in our industry. The new campaign – "Ain't Our ...
AT&T Stands Up for Consumers Duped by Competitors Misleading Claims
Prnewswire· 2025-10-23 10:00
Core Insights - AT&T is launching a new campaign aimed at redefining customer expectations regarding network reliability and accountability, contrasting itself with competitors' misleading claims [1][3][4] Investment and Infrastructure - From 2020 to 2024, AT&T invested $145 billion in U.S. connectivity infrastructure, expanding coverage by over 300,000 square miles, surpassing T-Mobile's coverage [5] - The company emphasizes its commitment to building trust through substantial investments in fiber and 5G networks, aiming for reliable connectivity [6] Customer Commitment - AT&T is the first carrier to guarantee both wireless and fiber networks, showcasing a commitment to accountability and customer service [2][7] - The company has invested over $750 million in customer care over the last four years, enhancing service quality through AI-assisted tools [7] Performance Recognition - Recent accolades from Root Metrics highlight AT&T's leadership in speed and reliability, with the fewest dropped calls compared to competitors [5][7] Advertising Strategy - The new advertising campaign features actor Luke Wilson and focuses on the importance of trust earned through action, directly addressing competitors' misleading marketing [3][4]
AT&T Reports Strong Third-Quarter Financial Performance
Prnewswire· 2025-10-22 10:33
Core Insights - AT&T reported strong third-quarter results, highlighting continued customer demand for its wireless and fiber offerings, positioning the company to meet its full-year financial outlook [1][2] Financial Performance - Revenues for the third quarter totaled $30.7 billion, up 1.6% from $30.2 billion in the year-ago quarter, driven by higher Mobility, Consumer Wireline, and Mexico revenues [14] - Net income was $9.7 billion, including a $5.5 billion gain on the sale of the DIRECTV investment, compared to $0.1 billion in the year-ago quarter [14] - Adjusted EPS was $0.54, consistent with the year-ago quarter, while diluted EPS was $1.29, reflecting a significant gain from the DIRECTV sale [14][27] Segment Performance - Mobility service revenues grew 2.3% year over year to $16.9 billion, with operating income of $7.1 billion, up 1.7% [11] - Consumer Wireline revenues increased by 4.1% year over year, driven by a 16.8% increase in fiber revenue, resulting in operating income of $325 million [16][17] - Business Wireline revenues declined by 7.8% year over year, impacted by secular pressures on legacy services, although partially offset by growth in fiber services [12][15] Customer Growth and Strategy - AT&T added 405,000 postpaid phone net adds with a postpaid phone churn rate of 0.92% [6][11] - Over 41% of AT&T Fiber households also subscribed to AT&T Mobility, indicating strong convergence strategy execution [6][21] - The company continues to pursue an investment-led strategy, focusing on customer growth and enhancing connectivity offerings [2][5] Capital Management - AT&T repurchased $1.5 billion in common shares during the quarter, with over $2.4 billion repurchased under the 2024 authorization [6] - The company plans to maintain a consistent approach to capital returns and aims to reduce its net debt-to-adjusted EBITDA ratio over the coming years [5][35] Future Outlook - AT&T reiterated its full-year 2025 financial guidance, expecting consolidated service revenue growth in the low-single-digit range and adjusted EBITDA growth of 3% or better [5][6] - The company anticipates free cash flow in the low-to-mid $16 billion range and adjusted EPS in the higher end of the $1.97 to $2.07 range for 2025 [5][6]
Iridium Awarded U.S. Department of Transportation Contract for Complementary Positioning, Navigation, and Timing Services Deployment and Testing
Prnewswire· 2025-10-21 11:01
Core Insights - Iridium Communications Inc. has been selected by the U.S. Department of Transportation for a contract to support the deployment of Iridium's Positioning, Navigation, and Timing (PNT) services across the United States in collaboration with T-Mobile [1][2] - The partnership aims to enhance the resilience of 5G networks by providing complementary timing synchronization, which is crucial for maintaining service reliability and data integrity [2][3] Group 1 - The U.S. Department of Transportation's CPNT Action Plan focuses on evaluating commercially available PNT technologies to improve the resilience of critical infrastructure, including 5G networks [2] - T-Mobile will expand its installation of Iridium PNT receivers to 90 additional live 5G network sites, which will help protect against GPS disruptions [2][4] - Iridium's PNT signals offer sub-100-nanosecond accuracy and are significantly stronger than traditional GNSS systems, providing reliable service even indoors [4] Group 2 - The collaboration with T-Mobile highlights the effectiveness of Iridium's PNT solutions and positions them as a gold standard for timing synchronization services [3] - T-Mobile will conduct user equipment exercises at its testing range to evaluate the performance of the PNT services [3] - Iridium's low-Earth orbit satellite constellation ensures global connectivity and weather resilience for its PNT services [4][5]
Iridium Announces Release Date for Third-Quarter 2025 Financial Results
Prnewswire· 2025-10-02 11:01
Core Points - Iridium Communications Inc. will host a conference call on October 23, 2025, at 8:30 a.m. ET to discuss its third-quarter 2025 financial results [1] - The earnings press release will be available on the investor relations page of the company's website prior to the call [1] - A replay of the webcast will be accessible approximately one hour after the call concludes [2] Company Overview - Iridium is the only mobile voice and data satellite communications network that provides global coverage [3] - The company enables real-time connections between people, organizations, and assets worldwide [3] - In 2024, Iridium acquired Satelles, enhancing its positioning, navigation, and timing (PNT) services [3] - Iridium is headquartered in McLean, Virginia, and trades on the Nasdaq Global Select Market under the ticker symbol IRDM [3]
Repurchase of Truecaller B shares in week 38, 2025
Prnewswire· 2025-09-22 06:54
Core Insights - Truecaller AB has repurchased a total of 130,000 B shares between September 15 and September 19, 2025, representing 0.04% of the outstanding capital as part of its ongoing share buyback program [1][2] - Since the initiation of the buyback program on May 30, 2025, Truecaller has repurchased a total of 1,797,500 shares, which is 0.51% of the outstanding capital [1][2] - The buyback program is authorized until the Annual General Meeting (AGM) in May 2026, allowing the company to repurchase shares up to a maximum of 10% of the total outstanding shares [2] Share Buyback Details - The daily share buyback activity from September 15 to September 19, 2025, included: - September 15: 30,000 shares at an average price of SEK 43.47 - September 16: 30,000 shares at an average price of SEK 42.66 - September 17: 20,000 shares at an average price of SEK 43.79 - September 18: 20,000 shares at an average price of SEK 44.47 - September 19: 30,000 shares at an average price of SEK 43.55 - The total accumulated buyback for the week was 130,000 shares at an average price of SEK 43.50, with a total transaction value of SEK 5,655,528 [3] Current Shareholding Status - As of September 12, 2025, Truecaller holds 5,742,832 B shares and 5,013,786 C shares, which together account for 3.04% of the outstanding capital [4] - The total number of shares in Truecaller, including its own shares, is now 353,750,053, while the number of outstanding shares, excluding own shares, is 342,993,435 [4] Company Overview - Truecaller is a leading global platform for verifying contacts and blocking unwanted communication, with over 450 million active users [5] - The company aims to build trust in communication, particularly in digital economies where fraud and unwanted communication are prevalent [5]
WOW! and Augusta GreenJackets Partner for the Eighth Consecutive Year to Recognize Exceptional Teachers in the CSRA
Prnewswire· 2025-09-11 13:00
Core Points - WOW! Internet, TV & Phone has successfully recognized outstanding educators in the Central Savannah River Area (CSRA) through the WOW! Teacher of the Month Award during the 2025 MiLB season [1][2] - The company has also participated in the Stuff the Bus Annual School Supply Drive, donating school supplies and backpacks to benefit local students [1][3] Company Initiatives - WOW! honored six educators with the Teacher of the Month award, providing each with $500 for classroom expenses, four reserved seat tickets to GreenJackets games, and a commemorative plaque [2] - The Stuff the Bus event collected 34,273 school supplies for students in need at the start of the school year [3] Community Engagement - WOW! emphasizes the importance of community connection and engagement through its initiatives, showcasing its commitment to education and local impact [4] - The Augusta GreenJackets and WOW! collaborate to celebrate educators who significantly contribute to their communities [4] Company Overview - WOW! is a leading broadband provider serving nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast [5] - The company offers a range of services including high-speed internet, cable TV, and cloud services, and has been recognized for its exceptional workplace practices [5]