Shares of AT&T (T) – Get AT&T Inc. Report are higher on Monday, at last check about 8% up, after the company completed its merger with Discovery on Friday. The split leaves the pure-pla...
Tag: Telecom
How to Handle the Taxes on the AT&T Spinoff of Warner Bros.
Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...
T-Mobile Stock Gets an Upgrade. It Has an Edge Over Verizon and AT&T.
Text size T-Mobile’s stock was upgraded to Overweight. David Paul Morris/Bloomberg T-Mobile US shares were ticking up on Wednesday after KeyBanc Capital Markets upgraded the wireless company’s s...
Carl Icahn Slashes Stake in Occidental Petroleum
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities....
Best Telecom ETFs for Q2 2022
Telecom exchange-traded funds (ETFs) are liquid instruments with exposure to companies that provide the infrastructure, products, and services that enable communication. The telecommunications sector ...
Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain
Airtel, an Indian multinational telecommunications company with operations in eighteen countries, has attained a strategic stake in Blockchain-as-a-Service Company Aqilliz under its start-up accelerat...
Nokia Is Remaking Itself Into a 5G Leader. Now Might Be the Time to Plug Into the Stock.
Nokia unveiled a broad restructuring plan last March. Roni Rekomaa/Bloomberg Text size Nokia has had a tough few years, but the Finnish telecom giant has successfully engineered the first part of its ...
AT&T CFO Defends Spinoff, Saying It Benefits Retail Investors
Text size AT&T’s chief financial officer, Pascal Desroches. Courtesy AT&T AT&T is defending its move to spin off its big stake in WarnerMedia rather than pursue a split-off, or excha...
AT&T to Spin Off WarnerMedia, Plans Deep Cut to Its Dividend
Text size Justin Sullivan/Getty Images AT&T said Tuesday it would spin off its interest in WarnerMedia following WarnerMedia’s merger with Discovery . AT&T (ticker: T) also said its board appr...
Giant Bank Bought Up Apple, Comcast Stock. It Dropped AT&T and Visa.
Text size German banking giant Commerzbank bought up Apple stock in the fourth quarter. Dreamstime A German banking giant made some abrupt changes in its U.S.-traded investments. Commerzbank initiated...
Comcast, Chevron, and 7 More Companies That Just Boosted Their Stock Dividends
Text size Comcast raised its dividend this week. Jeff Fusco/Getty Images for Comcast Chevron , Comcast , and Kimberly-Clark were among the many U.S. companies that declared dividend increases this wee...
Stock Surge Validates AT&T’s Move to Spin, not Split, Stake in Warner Bros.
Text size AT&T’s spinoff appears to be popular with its legions of retail investors. Chris DELMAS / AFP / Getty Images The 7% gain in AT&T shares Monday offers some validation for the co...