|Day's Range||17.55 - 17.60|
AT&T Inc.* will host WarnerMedia Day at 6 p.m. ET on Tuesday, October 29. At the event, the company will discuss plans for its new direct-to-consumer streaming service, HBO Max, which is expected to launch in spring 2020, including financial expectations for the new service.
Sprint (S) is expanding small cell solutions portfolio for the deployment of seamless and reliable data coverage across homes and businesses.
Verizon Communications Inc said on Tuesday it will offer unlimited wireless and broadband customers a free one-year subscription to Walt Disney Co's soon-to-be-launched streaming service Disney+. Verizon said all its new and existing unlimited wireless customers, as well as its Fios and 5G Home internet customers, will be eligible. Disney+ launches on Nov. 12 in the U.S. The service will cost $7 monthly or $70 annually.
AT&T (T) is likely to have recorded lower revenues in Q3 due to adverse foreign currency translation despite solid performance of Wireless business & incremental contribution from WarnerMedia assets.
Verizon (VZ) is likely to have recorded higher year-over-year revenues from the Wireless segment, which accounts for lion's share of total revenues.
Netflix Inc. is planning to raise another $2 billion in debt as it moves to raise the financing needed for new content as the battle for streaming customers heats up with a slate of new offerings on tap.
With AT&T;’s median download speed of 256.1 megabits per second, a user could download a 600 megabyte video in less than 20 seconds, RootMetrics says.
Moody's Investors Service ("Moody's") has assigned a Ba3 rating to Netflix, Inc.'s (Netflix) proposed $2 billion senior unsecured notes offering split between dollar and Euro issuance and maturing in 2030. Netflix's Ba3 corporate family rating (CFR) and Ba2-PD probability of default rating (PDR) remain unchanged. The speculative grade liquidity rating (SGL) is maintained at SGL-1.
AT&T (T) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With the new 5G edge technology offering, Verizon (VZ) is creating a cost-effective and user-friendly innovation to enable GPU cloud-based services for developers, consumers and enterprises.
Juniper (JNPR) is likely to have recorded lower revenues in Q3 due to softness within the Routing and Switching verticals as stiff competition led to an average decline in selling prices.
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Now, Disney, WarnerMedia, NBC, and others are about to enter the battle for streaming subscribers. If cord-cutting accelerates among traditional cable customers, these companies will need to win streamers quickly. If TV viewers stick with their cable bundles for longer than expected, companies could end up having overspent to go over-the-top.
Adrian Steckel, CEO of OneWeb, believes space is a “shared resource” and calls for regulations to level the playing field.
Netflix Inc. has been dismissive of the anticipated impact of an onslaught of streaming competitors, but as a wave of well-financed streaming services from big-name companies is about to be unleashed, executives’ tone has changed.
An AT&T; spokesperson said that the company is adjusting its pricing to reflect the cost to deliver content to customers.
The main U.S. stock indexes edged lower on Friday. Economic growth in China continues to slow down in the third quarter, while essential elements of the trade deal and a vote for Brexit remain closely watched.