Persistent losses in access lines, legacy voice services, decline in subsidy payments and other issues are might have a negative impact on CenturyLink Inc.'s (CTL) second-quarter 2017 earnings.
Stocks like Comcast (CMCSA) are expected to perform well on the back of mobile ventures in the U.S. wireless industry. Charter (CHTR) may not be looking up due to threat from online video streaming providers.
A Delaware judge ruled Friday that wireless carrier Clearwire Corp was sold in 2013 for more than twice its fair value, a decision that dealt a stinging loss to the Aurelius Capital Management hedge fund which spent years battling to prove Clearwire was vastly underpriced. Sprint Corp acquired Clearwire in 2013 after a bidding war with Dish Network Corp pushed the price to $5 per share, valuing Clearwire at about $14 billion. After Clearwire shareholders approved the deal, an affiliate of Aurelius that had opposed the Sprint acquisition brought what is known as an appraisal action, asking a judge to determine fair value of the stock.
We wait to see the second-quarter 2017 earnings releases of two cable companies - Rogers Communications (RCI) and DISH Network (DISH) on Jul 20, 2017.
DISH Network's (DISH) efforts to diversify its business from satellite-TV operator to Internet TV operator look impressive. However, the company has been losing subscribers due to cost cutting.
Omnicom's (OMC) management remains focused on its strategy of making internal investments and accretive acquisitions, which are likely to impact its second-quarter results.
Telecom Stock Roundup: Qualcomm - Apple Patent Dispute Intensifies, T-Mobile US Hikes Unlimited Data Price
The telecom industry experienced a solid run on the bourses in the past one week as most of the key stocks traded in the green. Several important developments also took place in the meantime.
DISH Network Corp. (DISH), has sped-up the integration process of its Hopper DVRs with the Alexa voice-control technology developed by Amazon.Com Inc. (AMZN).
Amazon and Dish are in partnership talks, which makes more sense than it would appear at first glance.
According to recent news by The Wall Street Journal, leading satellite TV operator DISH Network Corp. (DISH) is considering a joint venture with online retailing giant Amazon.com Inc. (AMZN).
Last week, the telecom sector did not witness any notable event. Nevertheless, some of them are worth mentioning.
Major U.S. Pay-TV operators are currently exploring ways to boost their video revenues by intensifying their presence in hospitality segment.
Recently, Dish Network launched Dish Music, a mobile app which allows customers to sync music throughout their home via a central control. This app uses Play-Fi technology to allow customers to stream music from services such as Spotify via their Dish devices, at no additional cost.
The Zacks Analyst Blog Highlights: AT&T, DISH Network, Sony, Verizon Communications and Comcast
Investors need to pay close attention to DISH Network (DISH) stock based on the movements in the options market lately.
The strong presence of online video streaming providers is posing a significant threat to the existing pay-TV business model.
As per a recent report by research firm Strategy Analytics, annual spending on subscription video and TV services in the US will reach $130.3 billion in 2019.
DISH Network Corporation (DISH) unveiled a mobile app, DISH Music, which will synchronize music on television and speakers throughout the house using one central control.