Comcast's stock slid more than 9% after it was announced that the company failed to add any new broadband customers for the first time in its history in the second quarter of this year. The corporation is the nation's largest internet provider.
LATEST NEWS
Charter Told to Pay $7.3b After Cable Installer Murders Grandmother
Charter Communications must pay out $7 billion in damages after one of its Spectrum cable technicians robbed and killed an elderly woman, a jury decided last Tuesday.
Movistar Completes AT&T Traffic Migration
Telefonica Mexico (Movistar), the second main mobile carrier in Mexico, with an 18% market share by 2021, announced the completion of its 3G and 4G traffic migration to AT&T's network.
Verizon in Q2 2022: Still Strong in Wireless
Verizon reported its second-quarter and half-year 2022 results with a relatively flat consolidated operating revenue of $33.8 billion and a decline of 10.7% in net income, valued at $5.3 billion during Q2 2022.
AT&T in Q2 2022: Higher-Than-Forecasted Customer Growth
AT&T highlighted that Q2 2022 is one of the best quarters in over a decade due to record levels of customer additions. Revenues from continuing operations for the second quarter (Q2 2022) totaled $29.6 billion, reflecting higher mobility and consumer wireline revenues.