Wireless Telecommunications Services

T-Mobile Has Replaced Verizon Atop the Wireless World. It’s Time to Buy the Stock.

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It used to be Verizon Communication ’s world, but wireless now belongs to T-Mobile US —and its stock will continue to benefit. Verizon (ticker: VZ) was the undisputed winner of the 4G era, investing heavily in its network infrastructure and wireless spectrum licenses to build the nation’s best service. Subscriber gains and premium pricing were … Read more

Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks.

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Text size Dreamstime One of America’s largest public pensions has made big changes in some of its largest investments. In the second quarter, State Teachers Retirement System of Ohio nearly halved an investment in chip maker Advanced Micro Devices (ticker: AMD), and bought more shares of semiconductor rival Intel ( INTC ), telecom firm AT&T … Read more

AT&T, Verizon, and T-Mobile Earnings Are Coming. What to Expect.

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AT&T is among the big telecoms reporting earnings this week. Stefani Reynolds / AFP via Getty Images Text size Telecom stocks have been a haven in 2022, with the big U.S. companies leading the market after a challenging 2021 performance. Second-quarter earnings season will be the next test for the group. AT&T (ticker: T) and … Read more

Berkshire Hathaway May Have Sold Verizon, Bought $10 Billion of Financials

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Text size Warren Buffett’s Berkshire Hathaway said it incurred $739 million of realized losses on equity sales in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway ’s record quarterly equity purchases of $51.1 billion in the first quarter, including large buys of Chevron and Occidental Petroleum , probably amounted to the biggest … Read more

AT&T Stock Rises After Completion of WarnerMedia Spinoff

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Text size AT&T has completed the spinoff of WarnerMedia. Justin Sullivan/Getty Images AT&T wrapped up its WarnerMedia spinoff late last week, and the stock was rising on Monday. The stock jumped 8%, to $19.67. AT&T (ticker: T) in February decided to structure WarnerMedia’s divestiture as a spinoff instead of a split-off, or exchange. A split-off … Read more

AT&T Boss Sees Room to Raise Prices, Cut Costs After Media Exit

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AT&T Inc. Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for some core services while it continues to cut costs after getting out of the media business. The company on Friday completed the planned separation of its film-and-TV empire into a new publicly traded company called … Read more

What AT&T Is Giving Investors in WarnerMedia Spinoff⁠ and How It Will Work

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Text size Justin Sullivan/Getty Images This article originally appeared on MarketWatch. AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T  (ticker: T) is in the process of spinning off its WarnerMedia business in … Read more

Here is what AT&T is giving investors in WarnerMedia spinoff, and how it will work

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AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T T, +2.19% is in the process of spinning off its WarnerMedia business in a combination with Discovery Inc. DISCA, +0.85%, which executives … Read more

AT&T Spent a Decade Buying Things. Now It’s Cleaning House.

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Illustration by Elias Stein Text size AT&T cast light on its pending spinoff of WarnerMedia to Discovery this past week—a big step toward putting a decade of misguided mergers and acquisitions behind it. AT&T spent years dishing out billions of dollars on deals, including $66 billion for DirecTV in 2015 and $106 billion for Time … Read more