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Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
Elon Musk's SpaceX buys wireless spectrum from EchoStar in $17 billion dealSpaceX is set to acquire wireless spectrum licenses from EchoStar for $17 billion, a move that will significantly boost Starlink's 5G conne...
Verizon outage: Check New York-based U.S. wireless carrier's recent job cuts, business reports, deals and mergersVerizon added just 44,000 monthly bill-paying wireless subscribers in the third quarter, lagging AT&T. T-Mobile led with more than 1 millio...
Verizon layoffs: US telco to cut 13,000 jobs in largest single purge; to shrink costs, restructureVerizon Jobs Cut: In addition to the layoffs, Verizon will convert 179 corporate-owned retail outlets into franchised stores and shut down ...
Amazon seeks to raise $12 billion from US bond sale, Bloomberg News reportsAs artificial intelligence workloads grow in scale, big technology firms are turning to large-scale debt sales to fund infrastructure expan...
Verizon stock shrinks 4% after ex-PayPal CEO Dan Schulman named new CEO - here're the challenges he facesDan Schulman: Verizon stock saw a significant drop of over 4 percent on Monday. This decline followed the announcement that Dan Schulman, f...
S&P 500, Dow end lower ahead of key jobs data, Nasdaq upThe S&P 500 and Dow closed lower in volatile trading, while the Nasdaq saw a slight rise. Investors are cautious ahead of key jobs data, wh...
S&P 500, Dow Jones down, Wall Street head for worst week since April; Check Telsa, JetBlue Airways shares in US Stock marketUS Stock market today remained muted as S&P 500, Dow Jones slipped but Nasdaq composite rose.
S&P 500, Nasdaq edge higher after services activity dataThe S&P 500 and the Dow were subdued at the open on Thursday as investors parsed through mixed labor market data to gauge the size of the F...
Verizon to buy Frontier in $20 bn deal to boost fiber networkVerizon has announced a $20 billion all-cash acquisition of Frontier Communications to expand its fiber network. The deal offers $38.50 per...
- Govt expects Rs 15,000 crore from spectrum auctions in 2011-12
ET looks at some of the some of the spectrum bands that can be auctioned in 2011-12 and the coming years.
Bharti-MTN largest global telecom deal this yearThe deal with a potential value of $23 billion is nearly half of the total telecommunication merger and acquisition transactions announced ...
- Global telecom M&A deal volume touches $49 bn: Dealogic
Merger and acquisition volume in the telecom space worldwide stood at $49.2 billion so far this year driven by the US-based Frontier Commun...
- Frontier to buy rural Verizon lines for $5.3 billion
Verizon Communications Inc said Wednesday it reached a deal to sell scattered phone service areas outside its main Northeastern and Califor...