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SPB News27 articles
ADT Stock Wavers as Outage Queries Spike 200%, Recurring Revenue Holds at $360M
ADT shares slipped as 'ADT down' searches tripled, but no systemwide outage was confirmed. The company's recurring monthly revenue remains solid at $360M.
Newell Brands Stock Jumps 9% as Sales Growth Returns, But Tariff Refunds Mask Underlying Gains
Newell Brands (NWL) surged 9% after reporting its first quarterly sales increase in over four years, though the EPS beat was largely driven by one-time tariff refunds.
Superior Plus Plunges 18% on Strategy Delay, Downgrade
Superior Plus shares tumbled 18.4% to C$6.48 Friday as the company pushed back key transformation goals and trimmed financial targets, prompting a CIBC downgrade.
FCC Satellite Spectrum Expansion Advances, Interference Issues Loom
The FCC voted to expand satellite-to-phone spectrum by 482 MHz, but technical questions about protecting 5G towers from interference remain unresolved.
SpaceX Urges FCC to Add 900 MHz to Satellite-to-Phone Spectrum
SpaceX has petitioned the FCC to add NextNav's proposed 900 MHz band to satellite-to-phone rules ahead of a key vote. The move could expedite spectrum use from space.
AST SpaceMobile Unveils Brazil Gateway Plans and Spectrum Details
AST SpaceMobile plans four Brazilian ground gateways and secured up to 20 MHz of regional carrier spectrum, supporting its satellite-to-phone broadband service.
Carriers Seek to Trim 60% of FCC's Satellite Spectrum Plan
AT&T, T-Mobile, and Verizon jointly oppose adding two 5G bands to the FCC's satellite-to-phone spectrum plan, which would cut 60.2% of the proposed 482 MHz expansion.
Ofcom Expands Satellite Spectrum for Aircraft and Ships
Ofcom has approved additional satellite spectrum for aircraft and ships, with 2.1 GHz allocated for NGSO aircraft links and 244 MHz for maritime use in UK waters.
AST SpaceMobile's Brazil Expansion: Spectrum, Ground Links, and Unfinished Terms
AST SpaceMobile signs satellite-to-phone deals with three Brazilian carriers, leveraging 700 MHz spectrum, but final terms and regulatory approvals are still pending.
Ofcom Cuts Urban Q/V-Band Gateway Spectrum 40% Below Rural
Ofcom opened urban Q/V-band satellite gateway applications with 3 GHz downlink spectrum, 40% less than rural, aiming to improve backhaul and latency.
AT&T Stock Rebounds After $23B Spectrum Deal, Debt Concerns Loom
AT&T shares rebounded 0.7% to $23.38 after a two-day slide, following its $23B spectrum acquisition from EchoStar. The deal adds $14.5B in short-term debt, with leverage expected to peak at 3.2x.
FCC Sets 800 MHz Test Timeline as T-Mobile, AST SpaceMobile Spectrum Swap Advances
FCC approves T-Mobile's $2.9B spectrum swap with Grain Management, setting tight deadlines for 800 MHz satellite partnerships. AST SpaceMobile faces pressure to secure a deal.
AT&T stock plunges 5% as spectrum deal delay and bankruptcy fears weigh
AT&T dropped 5.13% to $20.70, wiping out $7.8 billion in equity, as EchoStar's Dish DBS bankruptcy and spectrum deal delays spooked investors.
AT&T Stock Rises on Frugal Spectrum Spending, Dividend Date Set
AT&T (NYSE:T) shares rose 3.2% after spending just $120.77M in the AWS-3 spectrum auction, a fraction of rivals' outlays. The company reaffirmed 2026 free cash flow above $18B and set a July 10 dividend record date.
AT&T Shares Rally on Modest Spectrum Spend, Dividend Date in Focus
AT&T shares gained 1.34% to $22.72 on double average volume after spending just $120.8 million on AWS-3 spectrum, supporting cash flow and dividend outlooks.
Verizon's $3.16B Spectrum Bet Overshadows Dow Exit
Verizon shares gained 2.6% as the company spent $3.16B on spectrum licenses, a sum equal to a quarter's dividend payout, while preparing for its Dow exit.
EchoStar shares slide ahead of pivotal week with SpaceX IPO, spectrum deal in focus
EchoStar shares fell 6.7% Friday, closing at $116.28, as traders assess the SpaceX IPO, AT&T spectrum deal, and a missed interest payment with a 30-day grace period.
EchoStar Gains After FCC Greenlights $40B Spectrum Sale
EchoStar shares closed up 1.57% at $137.23 after the FCC approved its $40 billion spectrum sale to AT&T and SpaceX, but a $2.4 billion escrow requirement and weak pay-TV trends pose risks.
AT&T Stock Declines 4.5% in Week Despite Spectrum and Satellite Deals
AT&T shares closed at $24.03 on Friday, down 4.5% for the week, amid a broader market decline. The company secured FCC approval for a $23 billion spectrum deal with EchoStar and joined a satellite joint venture.
EchoStar Shares Rise After FCC Greenlights Major Spectrum Deal
EchoStar shares rose 7.9% last week, closing at $137.23 after the FCC approved $40B in spectrum sales to SpaceX and AT&T, though a $2.4B escrow requirement and debt concerns linger.
Verizon Stock Slips as FCC Approves Spectrum Deal, Rural Venture Announced
Verizon shares dropped 1.47% to $46.37 on Friday, marking a third consecutive decline, after the FCC approved a $1 billion spectrum deal and a rural coverage venture was announced.
FCC Approves Verizon's $1B Spectrum Buy from Array Digital Infrastructure
The FCC has approved Verizon's $1 billion purchase of wireless spectrum from Array Digital Infrastructure, enhancing 5G coverage and capacity.
EchoStar Surges on FCC Spectrum Sale Approval, SpaceX Proxy Status Grows
EchoStar shares jumped after FCC approval of $40B spectrum sales to AT&T and SpaceX, with a $2.4B escrow condition. Q1 revenue dipped to $3.67B as subscriber losses continued.
Telstra Urges Government to Slash $7.3B Spectrum Fee, Warns of Price Hikes
Telstra is pressuring the Australian government to reduce a proposed $7.34 billion spectrum licence renewal fee, arguing it exceeds fair value by $4.1 billion and could lead to higher mobile prices or lower investment.
Vodafone Gains on Buyback and Egypt Spectrum Investment
Vodafone shares advanced 1.1% as the company disclosed a new share repurchase and a $350 million spectrum acquisition plan in Egypt. Analysts at LBBW raised their price target to 120 pence.
Telstra Shares Dip Amid Spectrum Fee Dispute Ahead of Earnings
Telstra shares edged lower as the telecom giant pushes for a cap on spectrum renewal costs, challenging regulator proposals ahead of its half-year results.
Vodafone Gains on Egypt Spectrum Acquisition Ahead of Key Financial Results
Vodafone shares advanced nearly 2% after its Egypt unit secured new 1,800 MHz spectrum for $100 million, with investors focused on cash flow and upcoming FY26 results.