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 ...
LONDON (MarketWatch) -- Alltel AT, -5.43% confirmed a report in The Wall Street Journal that it's planning a formal review on a strategic review of its wireline unit. Alltel said early indications are ...
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 ...
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, ...
RPC Inc. (NYSE:RES) said Wednesday it agreed to acquire Permian Basin provider of oilfield wireline services Pintail Completions for $245M in cash and stock. Pintail operates more than 30 active ...
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 ...