AT&T is launching a new streaming service incorporating networks from the Time Warner company it just bought.
Goldman Sachs upgraded Verizon and Charter Communications to buy from neutral.
NEW YORK— AT&T is launching a new streaming service incorporating television networks from the Time Warner company it just bought. Thursday's announcement comes just days after AT&T closed its $81 billion Time Warner deal. The Department of Justice sued to block the Time Warner deal on anti-competition concerns, but a federal judge sided with AT&T.
June 21- AT&T Inc will launch two new unlimited wireless plans next week that will be bundled with a new video streaming service called WatchTV, in the company's first move to pair entertainment with phone service after closing its $85 billion acquisition of media company Time Warner Inc.. "This is the first step to transforming how content is created,...
Bob Pittman, iHeartMedia CEO, speaks with CNBC's Julia Boorstin on Disney increasing its bid for Fox assets, starting a bidding war with CNBC-parent Comcast.
Disney has raised its offer to buy a bundle of Fox's assets by nearly $20 billion since its initial acquisition agreement in December.
Several news outlets report AT&T is eyeing deals with advertising tech firm AppNexus and with streaming company Otter Media.
LONDON, June 20- Vodafone said on Wednesday it will begin testing next-generation 5 G mobile networks in seven of Britain's 10 largest cities later in 2018, part of a plan to start limited deployments in dense urban areas in some markets next year. Vodafone UK, Britain's third largest mobile operator, said it is laying the groundwork for 5 G services as a...
Telstra's CEO Andrew Penn explains the rationale for the changes announced today.
Andrew Penn of Telstra says short-term "tough economic decisions" need to be made for the future growth of the company.
Mathan Somasundaram of Blue Ocean Equities says a plan by Australia's Telstra to cut thousands of jobs and split itself into two companies does little to ease competition and dividend concerns.
Telstra says cutting a quarter of its workforce can save it 1 billion Australian dollars ($738 million).
Endemol Shine, co-owned by 21st Century Fox and Apollo Global Management, has hired Deutsche Bank and Liontree to seek a sale, according to sources.
To date, Hulu has been more selective in funneling its content dollars to a smaller number of projects, compared to streaming rivals like Amazon and Netflix.
The data has allowed third parties to track wireless devices without their owners' knowledge or consent.
Verizon was the only DJIA member trading significantly in the green on Tuesday. Deutsche Bank upgraded the wireless maker, saying shares were cheap.
Verizon is pledging to stop selling information on phone owners' locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy, The Associated Press has learned. Verizon said that about 75 companies have been obtaining its customer data from two little-known California- based brokers that Verizon...
President Donald Trump told Apple CEO Tim Cook that the government would not levy tariffs on iPhones assembled in China, the New York Times reported, citing a source familiar with the negotiations.
NAIROBI, June 18- Kenya's biggest mobile phone operator Safaricom is opposed to a proposed tax rise on mobile phone based cash transfers that its chief finance officer said on Monday would discourage the drive towards modern payments systems. In last week's budget speech, Finance Minister Henry Rotich proposed increasing the excise duty on mobile transfers...
Comcast and Disney want Rupert Murdoch's assets for different reasons. They could both win in a split sale, and yet, that probably won't happen.