Friday, November 6, 2026
Verizon said on 26 October that it added 406,000 postpaid phone subscribers in the third quarter, against 44,000 a year earlier, and raised its 2026 forecast to 1.1 million to 1.2 million. Revenue rose 1.5 per cent to $34.3 billion as equipment sales fell 9 per cent. Adjusted earnings rose 8.3 per cent to $1.31 a share.
AT&T said on Wednesday 21 October that third-quarter revenue rose 5.3 per cent to $32.3 billion and adjusted earnings rose to $0.65 a share from $0.54. GAAP earnings from continuing operations were $0.13 a share after a $2.6 billion non-cash impairment on AT&T Mexico, which it agreed on 13 October to sell. AT&T raised its 2026 adjusted EPS outlook, lowered its capital investment outlook and kept its plan for $24 billion or more of buybacks through 2028.
AT&T said on Tuesday 13 October that it will sell AT&T Mexico to a consortium owned equally by Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to adjustments. A Televisa filing shows the buyers plan to borrow up to $1.4 billion and that Televisa will put in $400 million. Closing is expected in the first quarter of 2027, subject to Mexican regulatory approvals.
SpaceX has agreed to buy a nationwide portfolio of 800 MHz licences from Grain Management, the low-band airwaves that Grain bought from T-Mobile earlier this year. SpaceX says they close one of the last technical gaps between Starlink Mobile and a full mobile network. The carriers' shares fell. The tower companies' rose.