1. AT&T's 2024 share performance has been strong, with a nearly 50% return in income and gains since last September. 2. Despite revenue challenges, AT&T has managed expenses well, leading to a slight decline in operating income and a significant reduction in debt. 3. The transformation from wireline to fiber is progressing, with substantial growth in fiber customers and revenue, supporting future earnings and free cash flow.
Recent #telecommunications news in the semiconductor industry
➀ Samsung has expressed preliminary interest in acquiring parts of Nokia's assets to expand its wireless access network capabilities. ➁ The potential acquisition is still in early stages, with the total value of the assets estimated at around $10 billion. ➂ Nokia remains committed to its mobile network business, which is strategically important for the company.
➀ NATO believes Russia could disrupt global internet and GPS services. ➁ Russia is suspected of mapping undersea fiber optic cables and has already carried out smaller-scale attacks. ➂ NATO is enhancing surveillance and developing systems to reroute communications via satellite in response.
➀ Starlink plans to integrate Internet and mobile services using advanced eNodeB modems on new satellites, acting as space cellphone towers. ➁ The service will connect with 4G LTE-compatible phones without additional equipment, offering text, voice, and data services. ➂ Initial tests were successful, with plans for text capabilities by the end of the year and voice and data services next year.
1. Ericsson reported better-than-expected Q2 results, driven by a 5G licensing deal that boosted revenue and margins. 2. North American revenue growth is positive, but guidance suggests no fundamental shift towards significant new deployments. 3. The long-term outlook remains weak with low single-digit revenue growth and modest operating leverage potential, unless midband 5G and IIoT deliver substantial benefits.
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