AT&T shares surged 5.2% after Q2 financial results, driven by strong free cash flow, postpaid phone operations, and debt reduction. Revenue declined slightly due to the Business Wireline unit, while ...

The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services AT&T Inc. beat ...

Business Strategy and Outlook We think Telus’ wireline unit is its best business and the one most likely to drive future returns. The firm has replaced most of its legacy copper network with fiber, ...

FRANKFURT, July 7 (Reuters) - Struggling German chipmaker Infineon will sell its only profitable business, the wireline communication unit (WLC), to a U.S. investor for 250 million euros ($349.5 ...

On Wednesday, AT&T Inc (NYSE:T) reported third-q uarter 2024 operating revenues of $30.21 billion, down 0.5% year over year. It marginally missed the analyst consensus estimate of $30.44 billion. The ...