Tuesday, February 4

Tag: T

AT&T Drops Nokia for Ericsson in $14 Billion Deal
5Dec By adminNo Comments
Money

AT&T Drops Nokia for Ericsson in $14 Billion Deal

Updated Dec. 4, 2023 6:22 pm ETAT&T struck a deal with Ericsson to buy up to $14 billion of its hardware and services after the Swedish equipment supplier pledged to open up its software to competing systems.The five-year agreement would move virtually all of AT&T’s new purchases of certain cell-tower equipment to Ericsson, replacing existing machinery from Finnish rival Nokia in many markets. The Dallas-based telecom giant said it plans to start the swap next year and aims to have 70% of its wireless network traffic passing through open platforms by late 2026.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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‘Digital Discrimination’ in the Crosshairs of New FCC Rule
15Nov By adminNo Comments
World

‘Digital Discrimination’ in the Crosshairs of New FCC Rule

WASHINGTON—Internet service providers will have their business practices scrutinized for “digital discrimination” based on income or race under a regulation set to be adopted Wednesday by the Federal Communications Commission, raising legal risks for some of America’s most powerful companies.  The new rule lays the groundwork for the FCC to hold providers such as AT&T or Comcast liable if their actions “differentially impact consumers’ access to broadband”—intentionally or not. That will include decisions about network upgrades, pricing, marketing, maintenance and more. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wireless Companies are Getting More Money out of Your Older Phone
31Oct By adminNo Comments
World

Wireless Companies are Getting More Money out of Your Older Phone

U.S. wireless companies are showing they can still upsell customers in no hurry to buy a new smartphone.AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wireless Companies are Getting More Money out of Your Older Phone
30Oct By adminNo Comments
World

Wireless Companies are Getting More Money out of Your Older Phone

U.S. wireless companies are showing they can still upsell customers in no hurry to buy a new smartphone.AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Sink After Being Yanked by Powell Comments
20Oct By adminNo Comments
Money

Stocks Sink After Being Yanked by Powell Comments

Stocks ultimately sank Thursday after being whipsawed by remarks from Federal Reserve Chair Jerome Powell.Powell’s comments jostled markets as investors were weighing bond yields’ ascent toward 5%, the continuing conflict between Israel and Hamas, and the influx of corporate earnings results from the third quarter. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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FCC Revives ‘Net Neutrality,’ Proposes New Regulations for Internet Service
19Oct By adminNo Comments
World

FCC Revives ‘Net Neutrality,’ Proposes New Regulations for Internet Service

WASHINGTON—The Federal Communications Commission proposed to apply utility-like regulations to America’s internet service providers, a policy change expected to raise costs for Comcast, Charter Communications, AT&T and other blue-chip companies. The proposal, adopted by the agency’s Democratic majority Thursday in a 3-2 party line vote, opened another chapter of a long-running dispute about how Washington should oversee internet service. At stake: Whether the FCC will expand its power to regulate some of the largest U.S. companies providing a service that has become essential to modern life. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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