AT&T Inc.’s stock surged after the company’s third-quarter earnings report highlighted robust subscriber growth, offsetting a slight revenue miss. The telecommunications giant, which has been expanding its 5G and broadband services, saw its shares rise by over 3% following the announcement, reaching $22.30—its highest level in months. This came despite the company’s revenue falling short […]
UScellular, officially known as United States Cellular Corporation (NYSE: USM), announced a significant agreement to sell select spectrum licenses to Verizon Communications Inc. (NYSE: VZ). The $1.0 billion deal is part of UScellular’s plan to capitalise on its remaining spectrum assets, with the company also engaging two other mobile network operators for additional sales. This […]
