Verizon Communications Inc has given Tim Armstrong, chief executive officer of its AOL unit, a leading role in exploring a possible bid for Yahoo Inc's assets, Bloomberg reported, citing a person with knowledge of the situation.
If anything the picture is even less bright, as Friday’s move down marked another leg in a bearish trend.
Sprint Corp (NYSE:S) has cut at least 2,500 jobs and closed six customer care centers, the Kansas City Star reported on Monday, citing company officials.
Verizon Communications, the No. 1 U.S. wireless carrier by subscribers, reported a 3.2 percent increase in quarterly revenue as heavy promotions helped it to check customer defections.
Small business owners may see a bigger payoff with small telecommunications providers instead of a behemoth.
I heard a lot about the glories of Nike on Friday. And while it had a good day, I’d hold off on pulling the trigger.
Wall Street was higher on Monday as traders around the world grappled with the devastating terror attacks in France last week.
Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined.
Verizon Communications Inc is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business.
Qualcomm Inc reported higher-than-expected quarterly profit and revenue, helped by lower costs and strong demand for the new version of its Snapdragon mobile chips.
AT&T Inc, long the No. 2 U.S. wireless carrier and since July the world's biggest pay-TV operator, reported an 18.6% rise in quarterly revenue, helped by its DirecTV acquisition and as it added more prepaid mobile subscribers.
Over the last few weeks, announced layoffs at large U.S. companies have become commonplace. Hewlett-Packard was the first to report its employee reduction at the end of August, estimating cuts of 25,000 to 30,000 jobs as part of its restructuring. FOXBusiness.com takes a look at some of the major players who are putting jobs on the chopping block.
Sprint Corp. is preparing to cut as much as $2.5 billion in costs in the next six months, as the struggling wireless carrier steps up its belt-tightening.
Photography gets even better with Apple's new iPhones.
Time Warner Cable Inc's shareholders approved the company's $56 billion takeover by Charter Communications Inc, according to preliminary votes at a special shareholder meeting.
Taiwan's stock exchange has removed smartphone maker HTC from its index of blue chip companies, marking the dramatic decline of a business that once ranked as Taiwan's No.
Verizon Communications Inc announced on Thursday it would become the first U.S. company to offer roaming wireless service in Cuba next week.
European telecoms operator Altice has made a deal to buy Cablevision, a New York based-cable company, marking its second foray into the U.S. market, following its announcement in May that it was buying St. Louis-based Suddenlink.
U.S. stocks were wavering between small gains and losses in early trading Thursday ahead of the Federal Reserve's announcement on whether it would raise interest rates for the first time in nearly a decade.
European telecommunications and cable company Altice has agreed to buy New York cable operator Cablevision for $17.7 billion, including debt, according to a person familiar with the matter.