Telecom Sector

AT&T’s Second Quarter Revenue Fairly Matched Expectations

AT&T’s Second Quarter Revenue Fairly Matched Expectations

After the markets closed on Thursday, AT&T Inc, the No. 2 U.S. wireless carrier reported its second quarter earnings. The company's adjusted profit was in line with estimations. It reported a climb in the number of new wireless subscribers but noted a slip in number of pay-TV customers.

Viacom Board of Directors Stick Together to Fight Redstone Family’s Effort to Eject Them

Viacom Board of Directors Stick Together to Fight Redstone Family’s Effort to Ej

The struggle for power over Mr. Sumner Redstone's $40 billion media empire is not over as yet with Viacom's board of directors siding with Philippe Dauman and in a letter stating that ejecting them "would be completely inconsistent with Sumner's lifetime commitment to an independent board and professional management for Viacom after his incapacity or death."

Sprint Corp Once Again Post Losses in the Fiscal Fourth Quarter; CEO Promises Some Big Changes

Sprint Corp Once Again Post Losses in the Fiscal Fourth Quarter; CEO Promises So

Sprint Corp headquartered in Overland Park, Kansas for almost a decade has lost massive amounts of money and has trimmed jobs to cut its spending.

Marcelo Claure, the company's CEO has been holding the helm for turbulent months and with Sprint's fourth-quarter and 2015 full-year earnings report, he promised some big changes at the wireless carrier.

Mitel Networks Corp of Canada to Buy Polycom Inc for Almost $2 Billion

Mitel Networks Corp of Canada to Buy Polycom Inc for Almost $2 Billion

On Friday, Mitel Networks Corp of Canada said it will acquire Polycom Inc, the voice and telephone gear maker in the United States.

Time Warner Cable’s Attempt to Get Things Going for Dodgers Does not Seem to Work Out

Time Warner Cable’s Attempt to Get Things Going for Dodgers Does not Seem to Wor

Interest of Dodgers fan has been squashed between price dilemmas of Warner Cable the broadcast rights owner of Los Angeles Dodgers.

 

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