In June Sambar joined the AST SpaceMobile board; AST and AT&T are collaborating on satellite-based direct-to-device communications
AT&T Executive Vice President and Head of Network Chris Sambar will leave the company on Oct. 11, according to a memo circulated to AT&T employees yesterday afternoon.
The...
EchoStar frames transaction in terms of debt reduction and strengthening its focus on wireless and satellite connectivity
What can you get for a dollar these days? A satellite TV company, apparently—as long as you're willing to take on the billions in debt that come with...
Reuters reported that Qualcomm CEO Cristiano Amon is "personally involved" in the Intel takeover negotiations
The story of Intel’s struggles around design/build approach to semiconductors facing headwinds is continuing to unfold, and on Friday, took an expected turn when it was reported that Qualcomm approached...
Samsung is reportedly cutting 15% of its sales and marketing and 30% of its admin staff at its overseas subsidiaries
Several inside sources shared with Reuters this week that Samsung Electronics is cutting 15% of its sales and marketing and 30% of its administrative staff at its...
Executive changes come as the company works to go public via combination with a SPAC
Direct-to-satellite company Lynk has made several major executive changes, bumping up its current COO, former Sprint executive Dan Dooley, to the role of CEO and adding a new president of...
Current GSMA Director General Mats Granryd will step down following MWC Barcelona 2025
The GSMA board has appointed Vivek Badrinath as the director general and member of the GSMA board effective 1st April 2025. Badrinath most recently led Vodafone’s Vantage Towers subsidiary as CEO and is replacing Mats Granryd,...
Chip company Marvell reported strong growth in its data center AI segment, and that it sees signs of growth returning to the enterprise and carrier infrastructure markets.
Net revenue for Marvell's second quarter of fiscal 2025 was $1.273 billion, which was above the midpoint of its...
Bloomberg reported this week that Samsung is interested in acquiring Nokia’s mobile networks business
On Aug. 29 Bloomberg, citing “people with knowledge of the matter,” reported that Nokia is exploring a divestiture of its mobile networks business with Samsung emerging as a potential buyer. In...
Alex Rodriguez' SPAC, called SLAM, is being delisted ahead of its merger with Lynk for failure to complete the combination within the required timeframe
Baseball player and entrepreneur Alex Rodriguez's special purpose acquisition company (SPAC), called Slam, is being de-listed from trading on the Nasdaq...
August greetings from Cedar Rapids and Kansas City. This week’s opening picture comes courtesy of the 49th Annual St Jude’s Sweet Corn Festival held from August 9-11 in Cedar Rapids. The weather and food were quintissential Iowa. Next up: experiencing Iowa Hawkeye football – stay...
My coverage over the last two weeks or so is beginning to paint a broad picture of a struggling — or at least a changing — market, characterized by the unloading of assets and workers. The latest news, this time from Swedish vendor Ericsson,...
Intel has reportedly struggled to meet SoftBank's production volume and speed requirements
SoftBank has ended discussions with Intel about designing an artificial intelligence (AI) chip that will rival those released by Nvidia. SoftBank sought a partnership with Intel to help it achieve a leadership...
Cisco has crossed the $1 billion mark in AI sales, according to CEO Charles Robbins
Following reports earlier this week that thousands of Cisco employees will soon be out of a job, the company has released its Q4 and fiscal year (FY) 2024 results, reporting...
Intel previously held 1.18 million shares in Arm
A recent SEC filing shows that Intel sold its stake in British chip firm Arm Holdings in Q2. The news comes amid the massive job cuts taking place at the company, signaling a larger shakeup within the...
Times are changing. Then again, they are always changing. Over the years, I have given countless briefings at a variety of meetings for CEOs, CMOs, the Board of Directors, employees, customers and investors. As an Industry Analyst, one of my responsibilities is to help...
TIM holds an indirect stake of only 3% in Inwit through its 10% stake in holding company Daphne 3
Telecom Italia (TIM) signed an agreement with Impulse I, a consortium led by private equity group Ardian, to sell its remaining stake in mobile tower company...
Digi is planning a 5G rollout in Portugal using licenses won licenses in 2021
Romania-based Digi Communications’ Portugal subsidiary has agreed to purchase Nowo Communications from MasMovil for $164.8 million. It’s a notable development as just a month ago, the country’s competition authority Autoridade...
Intel revealed plans to reduce its headcount by more than 15%
Intel reported a $1.6 billion loss in Q2 Thursday, resulting in its shares sliding as much as 20%. As part of its statement detailing the disappointing results, the company outlined plans to reduce...
Charter Communications saw its customer numbers impacted by the loss of the federal Affordable Connectivity Program (ACP) during the second quarter, with more losses anticipated for the third quarter of this year.
Charter's total residential and small and medium business (SMB) Internet customers dropped...
Comcast added 322,000 wireless subscribers during the second quarter of 2024, with its wireless customer lines up 20% compared to the same time last year and reaching a wireless customer base of 7.2 million.
The cable MSO saw its domestic broadband revenues grow 3% compared...
Verizon reported improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well as double-digit broadband subscriber growth
Verizon released second quarter 2024 results today, reporting improvements to its cash flow and wireless revenue for the fourth consecutive quarter, as well...
Huawei filed a lawsuit in a Chinese court, alleging that MediaTek has committed patent infringement
Chipmaker MediaTek confirmed that it has been slapped with a lawsuit from Huawei that alleges the former is guilty of patent infringement. While further details — such as which patents...
Atlas already has a 29% stake in Millicom, and two weeks ago, offered to purchase the remaining shares for $24 each
An independent committee representing Millicom’s board urged shareholders to turn down the offer from Xavier Niel’s Atlas Investissement to buyout the Latin America-focused operator group.
Atlas...
Ericsson and Oppo will also work together on several 5G-related projects, including device testing and marketing
Ericsson and Oppo have entered a multi-year cross-licensing patent agreement that covers patents related to standards for cellular technologies, including 5G. Per the agreement, the handset vendor will make...
