By Alexandra Alper WASHINGTON (Reuters) – The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said. Authorities at the Commerce Department are running the […]
By Alexandra Alper WASHINGTON (Reuters) – The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said. Authorities at the Commerce Department are running the […]
By David Shepardson WASHINGTON (Reuters) -AT&T CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services. Under current law, fees are levied on cell phone and landline service subscribers to […]
Credit: Shutterstock A wave of speculation has hit the internet in China, suggesting that the heavily sanctioned Chinese electronics manufacturer Huawei has become China’s largest beef importer due to payments it received from Argentinian clients made in beef instead of cold, hard cash. Whether the new ranking is true or not has proven difficult to […]
These 2 Popular Telecom Stocks Are Paying 8%+ Dividend Yields, But Are They Traps? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. In today’s economic uncertainty, telecom stocks can be a great addition to your portfolio due to their defensive properties. Defensive stocks are more resilient […]
(Bloomberg) — Billionaires who built their fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry. Most Read from Bloomberg Altice founder Patrick Drahi’s wealth has dropped almost 18% to $4.4 billion this year, according […]
(Bloomberg) — The European Union should consider consolidation for telecom operators as a way to improve the bloc’s mobile and fixed networks and should further integrate its energy markets, according to a report it commissioned on competitiveness. Most Read from Bloomberg The concession on telecom, which is part of a report former Italian Prime Minister […]
More often than not, investors interested in Verizon Communications (NYSE: VZ) and AT&T (NYSE: T) are generally most interested in their dividends. Neither company is in strong growth mode, and both stocks carry relatively high yields. So, let’s look at which stock might best be suited for income-oriented investors. Current dividends Both Verizon and AT&T […]
The telecom scene is home to some pretty cheap dividend payers that can help pad your quarterly passive income stream. Undoubtedly, the days of high rates may be numbered. And if they are, investors may need to return to stock markets to score yields above the 4.5% level. The good news (for prospective investors) is […]
Wireless and mobile communications have been a growth story for about 30 years now, and the tailwinds just keep blowing. Investors who want some of that wind in their sails can take different tacks, buying telecom stocks ranging from developers of speculative new technologies to the industry’s biggest names, including reliable providers of dividend income […]
This year looks to be the one to invest in AT&T (NYSE: T) and Verizon Communications (NYSE: VZ). Both of these giants of the telecom industry experienced share-price gains going into 2024. Verizon even hit a 52-week high of $43.21 at the end of January. The pair also sport attractive dividend yields over 6% at […]
India’s parliament has passed a telecommunications bill that replaces its century-old rules as the country, with over 1.17 billion telephone connections and 881 million internet subscribers, aims to modernize connectivity and embrace new services including satellite broadband, just months before general elections. On Thursday, the upper house of the Indian parliament approved the Telecommunications Bill, […]