Pins matching tag:Telecom

Danny Yu retired as PLDT's chief financial officer and chief risk officer at the end of May 2026, after steering the group back to positive free cash flow in 2025; treasurer Leo Posadas became officer-in-charge of finance from 1 June.

The Supreme Court ruled 8-1 that the FCC can issue forfeiture orders without a jury, upholding the ruling against Verizon over its $46.9 million fine for selling access to customers' location data and reversing AT&T's win over its $57 million fine.

PLDT signed a share purchase agreement with Meralco's Paragon Vertical for the 65.1% of fibre carrier Radius Telecoms it does not own, a PHP 2.935 billion deal that will make Radius a wholly owned unit once the competition and telecom regulators approve.

A magnitude 7.8 quake off southern Mindanao cut power to PLDT and Smart sites around General Santos; by 10 June Smart had service back in 22 of 24 affected provinces, with Starlink links filling gaps.

PLDT shareholders elected 13 directors at the Grand Hyatt Manila, where Manny Pangilinan said the VITRO REIT IPO could raise $300-400 million from eight data centres.

The Competition Appeal Tribunal approved a settlement that ends Which?'s GBP 480 million class action against Qualcomm with no payment, finding the claim no longer had a realistic prospect of success.

As FIFA's official telecom sponsor, Verizon ran the connectivity for the 104-match tournament, adding 5G spectrum to lift capacity three to five times at every US host stadium; its network reportedly carried nearly 500 TB, 29.2 TB of it at the final.

Verizon scrapped activation and upgrade fees, launched a Verizon Dollars and Verizon Shine loyalty program for every customer, and introduced the $45 Simplicity plan with unlimited 5G Ultra Wideband for all.

PLDT's data centre arm VITRO filed its registration statement and REIT plan with the Philippine SEC for an IPO of up to PHP 24.2 billion, the country's first digital infrastructure REIT, backed by eight data centres of about 24 MW.

Verizon, bidding as Cellco Partnership, won 82 of the 200 AWS-3 licenses in FCC Auction 113 for $3.16 billion, the bulk of the $3.57 billion the auction raised from seven winning bidders.

Verizon and BT agreed to combine their international enterprise networking arms into a 50:50 joint venture serving over 3,000 multinationals in 180-plus countries with about $4 billion in combined annual revenue; Verizon pays BT $625 million to equalize.

On 29 June 2026 Rocket Lab and Iridium Communications announced a definitive agreement under which Rocket Lab will buy Iridium for US$54 a share in cash and stock, an enterprise value of about US$8.0 billion.

On 29 June 2026 Comcast announced a tax-free spin-off of NBCUniversal and Sky into an independent public company, expected in about a year, with Mike Cavanagh to run NBCUniversal and Michael Angelakis to become Comcast CEO.

Verizon said it will hand 274 company-owned stores to franchise operators and cut about 500 corporate jobs, moves affecting about 3,000 employees, effective 16 August 2026.

Comcast's second-quarter 2026 results, reported on 23 July, showed revenue of US$29.9 billion, adjusted EPS of US$1.04, a first-ever quarterly profit for Peacock (EBITDA US$189 million) and 448,000 new wireless lines.

Verizon added 184,000 postpaid phones and posted a record 40.1 percent adjusted EBITDA margin in the second quarter of 2026, raising full-year guidance for a second time and lifting its buyback target to $4.5 billion.

A Long March 7A carrying ChinaSat-4B failed about 85 seconds after liftoff from Wenchang on 10 August 2026, the rocket's first failure since its 2020 debut.

PLDT's first-half 2026 core income held at ₱17.3 billion while reported net income fell to ₱16.4 billion; the board declared a ₱46 interim dividend, a 60% payout, and Pangilinan declined to give full-year guidance.

PLDT said faulty controls over structured hedge accounting were a material weakness at end-2025, and its auditor SGV withdrew its opinions on the 2025 statements and controls in the US Form 20-F, which PLDT will amend after an Audit Committee review.

Verizon turned its Verizon Shine loyalty drops over to the NFL for the week before kickoff, giving away free tickets to every domestic regular-season game, 22 VIP team experiences and NFL Sunday Ticket from YouTube.

Verizon agreed to buy more than 80 million miles of Corning optical fiber from 2027 to 2032 to push toward 40-50 million broadband passings and build long-haul fiber between AI data centers.

Qualcomm renewed its global patent licence agreement with Apple from 1 April 2027, keeping its cellular royalty stream from iPhones even as Apple moves to its own modems.

Rami Rahim and his HPE Networking leadership team set out the strategy and growth plans of the business built around Juniper, now $2.9 billion of revenue a quarter, in a webcast from Sunnyvale starting at 8:30 a.m. PT.

Verizon's third-quarter 2026 results, where it has guided mobility and broadband service revenue growth to approach 3.0 percent on the way to about 4.0 percent in the fourth quarter.

PLDT will hold its nine-month 2026 financial and operating results briefing on November 12 at 3:30 p.m. Manila time via MS Teams, according to its October 28 PSE filing.

AST SpaceMobile expects to start beta space-based cellular broadband with AT&T and Verizon before the end of 2026, reaching ordinary phones over Verizon's 850 MHz spectrum, though coverage will be intermittent until more satellites fly.

PLDT's ePLDT plans to sell up to 49% of VITRO REIT, eight data centres with about 24 MW, for up to ₱24.2 billion at up to ₱11 a share; the 12 October listing has been pushed back while cornerstone investors are lined up.

Bidding in FCC Auction 114 for 132 FM broadcast construction permits, the first FM auction since 2021, is tentatively scheduled to start on 2 February 2027 after a 29 January mock auction.

PLDT's full-year 2026 results and final dividend, expected in late February 2027 under its 60% payout policy, after guidance for 2026 capex in the mid-₱50 billion range.

Bell's national 3G/HSPA network is due to be discontinued on 1 March 2027, cutting data, text and voice (including 9-1-1) on 3G-only devices; Telus has also targeted 1 March 2027 for its national 3G shutdown.

The FCC's Auction 115 puts 3,248 flexible-use licenses covering 160 MHz of Upper C-band spectrum (3.98-4.14 GHz) up for bid across the contiguous US, with bidding tentatively set to begin on 27 April 2027 ahead of a 4 July 2027 statutory deadline.

PLDT's 2027 annual meeting falls on the second Tuesday of June under its by-laws, where shareholders will elect the board and approve the 2026 financial statements.

AST SpaceMobile now expects about 45 satellites in orbit in early 2027, with beta offerings before the end of 2026 and commercial direct-to-device service in the first half of 2027, after launch delays pushed back a late-2026 target.

SpaceX plans to begin launching its second-generation Starlink Mobile direct-to-cell constellation on Starship in mid-2027, deploying about 1,200 satellites within six months for global voice and data coverage in S-band spectrum, pending regulatory approvals.

Globalinx's 24,000 sq ft, 5 MW-scalable cable landing station near Ocean City Municipal Airport, Maryland, is planned to be ready for service in Q3 2027 and is poised to host AWS's Fastnet transatlantic cable.

WRC-27 runs 18 October to 12 November 2027 in Shanghai, where ITU member states will revise the Radio Regulations, including new mobile bands for 6G and allocations for satellite direct-to-device services.

Smart plans to switch on commercial satellite-to-phone service with Lynk Global in 2027, the first in the Philippines, starting with texts and light data for remote islands and disaster zones.

Vodafone Spain plans to launch Vodafone SAT, a direct-to-device service for ordinary phones covering voice, messaging and data via the Satellite Connect Europe joint venture with AST SpaceMobile, starting in 2027 once Spain's D2D regulatory framework is in place.

GlobalConnect's 92 km Lerkil (Sweden) to Saeby (Denmark) subsea cable, with 288 fibre strands and a EUR 11.9 million budget co-funded by the EU's CEF2, is scheduled to become operational by the end of 2027.