Wireless Spectrum

Globalstar Inc (NYSE: GSAT) soared 84% in regular and after-hours trading today. What Happened: The share rallied after the Covington, Louisiana-based satellite solutions company said that Qualcomm Inc (NASDAQ: QCOM) will add the former’s Band n53 in its new flagship X65 modem. The 5G modem...

Straight Path Communications Inc (NYSE: STRP) is going through the roof on Thursday. The stock is currently at its highest level in over 15 months on unusually heavy volumes (roughly 11 times average volume). Reason Behind The Spike Straight Path announced that it has entered into a...

Without the opportunity to buy spectrum, AT&T (NYSE: T) and Verizon Wireless (NYSE: VZ) could be especially hurt. The 600 MHz spectrum more easily moves through structures, helping send signal in cities, and can travel longer distances, the Wall Street Journal reports. AT&T and Verizon...

AT&T (NYSE: T), one of the nation's wireless company, announced plans Friday to purchase 700 megahertz B Band wireless spectrum for $1.9 billion in cash from its rival Verizon (NYSE: VZ). The move is part of a larger strategic initiative of the company to improve its 4G LTE coverage. In the...