-
Why Tigress Financial Is Bullish On Verizon, AT&T
Wednesday, March 24, 2021 - 2:44pm | 470Read More...Tigress Financial Partners is turning bullish on Verizon Communications Inc. (NYSE: VZ) and staying bullish on its rival AT&T Inc. (NYSE: T). The Verizon, AT&T Analyst: Ivan Feinseth upgraded Verizon from Neutral to Buy and maintained a Buy rating on AT&T's stock. The...
-
Lockheed Martin And Omnispace Take On SpaceX With Plans For Space-Based Internet
Tuesday, March 23, 2021 - 4:52pm | 312Read More...Lockheed Martin Corporation (NYSE: LMT) and Omnispace, LLC, have entered into a strategic interest agreement to explore the development of a space-based 5G network. What Happened: On Tuesday, Lockheed Martin, a global security and aerospace company, announced its plan to develop a global 5G...
-
Exclusive: Airspan's CEO On Why The Company 'Defines The Terms' Of 5G Revolution
Thursday, March 18, 2021 - 3:04pm | 773Read More...Airspan — a 5G end-to-end, Open Radio Access Network hardware and software provider — has reached an agreement to combine with New Beginnings Acquisition Corp. (NYSE: NBA) as part of a SPAC merger deal. On Thursday, Benzinga "SPAC Attack" hosts Chris Katje...
-
Nokia CEO Bets On Longer 5G Cycle To Catchup With Competition: Bloomberg
Thursday, March 18, 2021 - 2:02pm | 319Read More...Nokia Oyj (NYSE: NOK) CEO Pekka Lundmark expects time-consuming 5G networks investments to act as a boon enabling the Finnish telecommunications gear maker to catch up with the competition, Bloomberg reports. Lundmark expects the main 5G network buildout to take twice the time of...
-
Nokia Announces Partnership With AT&T For 5G Technology
Thursday, March 18, 2021 - 12:05pm | 505Read More...Nokia Oyj (NYSE: NOK) has landed another partnership for its 5G technology. This time with AT&T Inc. (NYSE: T). What Happened: On Thursday, Nokia announced it entered into a five-year partnership with AT&T for use of Nokia’s C-Band Solutions Portfolio. The C-Band portfolio,...
-
Huawei To Charge 5G Royalties From Apple, Samsung: Bloomberg
Tuesday, March 16, 2021 - 1:03pm | 508Read More...Huawei Technologies Co Ltd would start charging Apple Inc (NASDAQ: AAPL) with a reasonable fee for access to its trove of wireless 5G patents, unleashing a new revenue stream via its competitive moat, Bloomberg reports. What Happened: Huawei would negotiate rates and...
-
Nokia To Trim 10,000 Jobs Over Next Two Years For R&D Push: Reuters
Tuesday, March 16, 2021 - 8:26am | 524Read More...Finnish telecom group Nokia Oyj (NYSE: NOK) announced plans to trim down up to 10,000 jobs within two years to divert higher investment into research and development (R&D) for better growth and margin prospects, including stepping up of its competition with ...
-
Apple's iPhone 12, iPhone 12 Pro Trail Android Rivals In 5G Speeds: Report
Tuesday, March 16, 2021 - 4:07am | 485Read More...Apple Inc.’s (NASDAQ: AAPL) iPhone 12 lineup continues to lag behind its Android-based rivals in terms of 5G performance, according to a report from Opensignal. What Happened: Apple’s first-ever 5 G-enabled smartphones are ranked lower than at least 25 smartphones running Alphabet Inc....
-
'SPACs Attack' Weekly Recap: Looking Back On 5 Deals, Rumors And Headline News
Sunday, March 14, 2021 - 5:32pm | 1632Read More...It was another busy week for the SPAC market with numerous deal announcements and rumored deals. Benzinga's "Spacs Attack" covered the deals and news of the week. Here is a look back at the announced deals, rumors and some top headlines. SPAC Deals Last-mile telehealth...
-
US Cellular Expands 5G Mid-Band Spectrum Plan With C-Band Acquisition For $1.46B
Thursday, March 11, 2021 - 9:34am | 183Read More...United States Cellular Corp (NYSE: USM) acquired 254 licenses covering 94% of its subscribers in the latest Federal Communications Commission (FCC) C-Band Auction 107, for an estimated $1.46 billion. The cost included gross bids, estimated relocation costs, and...
-
Verizon To Fund $36B 5G Airwaves Payment Via Debt: Bloomberg
Thursday, March 11, 2021 - 7:50am | 477Read More...Verizon Communications Inc (NYSE: VZ) paid $8.2 billion to the U.S. Treasury Wednesday and intends to raise an additional $36 billion in debt to fund the airwaves payment, Bloomberg reports. What Happened: Verizon raised $12 billion in a bond sale in November and has set up a $...
-
DISH To Acquire Republic Wireless For Undisclosed Sum
Monday, March 8, 2021 - 12:02pm | 297Read More...DISH Network Corp (NASDAQ: DISH) announced its plans to acquire MVNO service operating on the T-Mobile US Inc (NASDAQ: TMUS) network Republic Wireless. The financial terms of the transaction were not disclosed. DISH will assume 0.2 million customer relationships...
-
China's 2020 R&D Spend Jumps Over 10% To $378M: Bloomberg
Monday, March 1, 2021 - 10:21am | 166Read More...China’s R&D spend escalated to 2.4% of 2020 GDP, Bloomberg reports. The country’s R&D spend rose 10.3% year-on-year to $377.8 billion (2.44 trillion yuan). The growth rate marks the slowest incremental growth in five years, from 12.5% in 2019. China is set to disclose...
-
Verizon Enhances 5G Accessibility In Sacramento, Seattle, Pensacola
Thursday, February 25, 2021 - 3:11pm | 262Read More...Verizon Communications Inc (NYSE: VZ) announced the availability of the 5G Ultra-Wideband along with its 5G Nationwide service to customers in parts of Sacramento, Seattle, and Pensacola. Customers in parts of Sacramento will also gain access to the latest 5G Home equipment....
-
Verizon Emerges As Top Bidder In $81B 5G Spectrum Auction
Thursday, February 25, 2021 - 3:48am | 299Read More...Verizon Communications Inc. (NYSE: VZ) has emerged as the top bidder in an $81 billion auction that provides the license to use mid-band spectrum for 5G services. What Happened: The Federal Communications Commission(FCC) said that the auction net winning bids resulted in $81.11...
