T-Mobile US Inc

‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals

David Bale4 hours ago011 mins

The Deutsche Telekom pavilion at Mobile World Congress in Barcelona, Spain. Angel Garcia | Bloomberg | Getty Images BARCELONA — Europe’s telecommunication firms are ramping up calls for more industry consolidation to help the region compete more effectively with superpowers like the U.S. and China on key technologies like 5G and artificial intelligence. Last week…

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

David Bale1 month ago02 mins

Igor Golovniov | Lightrocket | Getty Images Cable giant Comcast is looking to the wireless business for growth. Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long been the growth engine of the cable…

Comcast beats earnings estimates but underwhelms in broadband, Peacock subscribers

David Bale1 month ago08 mins

Comcast topped Wall Street’s fourth-quarter estimates on Thursday despite reporting larger-than-expected broadband subscriber losses and stagnating paid subscribers for its streaming service, Peacock. Wall Street has been particularly focused on cable companies’ broadband businesses, which still garner high revenue and earnings but have been in the midst of a customer growth slump due to heightened…

Comcast shares tumble as executive calls broadband ‘intensely competitive’

David Bale3 months ago03 mins

View from behind a Comcast truck parked on a residential street in Lafayette, California, on Sept. 28, 2021. Smith Collection/gado | Archive Photos | Getty Images Comcast Cable CEO Dave Watson told investors on Monday that the company expects to lose more than 100,000 broadband subscribers during the fourth quarter as the market remains “competitively…