Lumen’s first quarter results were met with a positive market reaction, reflecting management’s focus on operational discipline and early progress in its digital and AI infrastructure initiatives. CEO Kate Johnson credited improved execution, specifically citing advancements in network modernization, streamlined product offerings, and growth in the North American enterprise segment. She highlighted that the company’s wave services secured new deals with large clients like T-Mobile and AARP, and that disconnects of legacy services reached a five-quarter low. Johnson stated, “We strengthened our balance sheet with the term loan refinancing,” and attributed the outperformance to lower churn and the company’s digital transformation.
Don't let the alarming environment discourage you from being in the market. Just change your tack to something better suited for the current situation.
Verizon, Thames Freeport, and Nokia Corp partner to deploy Private 5G Networks for economic revival in the U.K. Verizon's stock is up 4% in the last year.
Trump's new "Made in America" smartphone plan is powered by a little-known wireless provider based in his Miami condo, raising questions about scalability as its website still displays placeholder text.
T-Mobile US to launch data service on satellite-to-cell network powered by SpaceX's Starlink by October. Customers have signed up for the service, including from AT&T and Verizon. Apple and SpaceX competing for limited spectrum rights. Satellite communication market could reach $194.55 billion by 2032.
The Trump Organization plans to launch a $499 "T-1 Phone" under Trump Mobile as a U.S.-made smartphone, but experts warn large-scale domestic production is unrealistic due to lacking infrastructure and high costs.
T-Mobile stock is down over 4% after SoftBank reportedly sold $4.8 billion in shares at a discount. This major share sale by a key investor is contributing significantly to the stock's decline Tuesday.
Japan's SoftBank Group Corp. (OTC: SFTBY) is looking to raise $4.9 billion via a sizable overnight stake sale involving one of its highest-profile legacy holdings.
(BPT) - If you've ever wondered what a committed group of people could accomplish in one month, wonder no more: During T-Mobile's third annual Magenta Giving Month, employees dedicated themselves to giving back to the causes they care most about - making a bigger impact than ever before. Many employees also rolled up their sleeves throughout the month, donating blood, packing meals for local foodbanks, planting trees and/or volunteering together at coast-to-coast events.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Wednesday to find the gap up and gap down stocks in today's session.
