Rakuten Shares Plunge on Widening Mobile Losses, Spooking Investors
Rakuten shares tumbled after earnings revealed deepening mobile losses, fueling investor concerns and marking the stock's worst day in six months.
Rakuten shares tumbled after earnings revealed deepening mobile losses, fueling investor concerns and marking the stock's worst day in six months.
SpaceX's Starlink division signals direct competition with U.S. telecom giants AT&T, Verizon, and T-Mobile through satellite-to-phone connectivity, potentially disrupting the $300 billion…
Verizon’s earnings beat on wireless and internet revenue highlights a successful turnaround, driving stock gains and positive sentiment in the telecom sector.
T-Mobile's Q2 revenue fell short of Wall Street expectations as subscriber growth tapered, signaling possible headwinds for the U.S. wireless sector.
Charter Communications and SpaceX are reportedly in discussions to launch a mobile phone service in the US, leveraging SpaceX's Starlink satellite network…
The Dow Jones Industrial Average adds Alphabet and removes Verizon, reshuffling the index's sector exposure and creating new dynamics for index funds…
PLDT prepares a 22-billion-peso REIT IPO, the Philippines' largest since 2023, reflecting an equity market up 12% this year and low interest…
AST SpaceMobile stock surged following the launch of its direct-to-cellphone satellites, marking a pivotal moment in its race against SpaceX’s Starlink to…
SpaceX's criticism of the EU satellite spectrum tender boosts European operators Eutelsat and SES while raising barriers for U.S. rivals like AST…
The Jio Platforms IPO filing, announced by Mukesh Ambani, sets the stage for a historic Indian stock market debut, drawing global investor…
Reliance AGM 2026 highlights Jio Platforms IPO after NSE filing, buoying Reliance shares on NSE and stoking expectations for a record-breaking Indian…
Philippine telecom leader PLDT seeks up to $400 million through a REIT offering to monetize assets and raise capital.