Privacy-focused MVNO Cape raised a $100M Series C at a $900M valuation, and says its revenue grew from $4.5M in 2024 to $37M in 2025
Cape cofounder and CEO John Doyle is seeing rapid revenue growth for his cell network, which deletes call logs and doesn't collect social security numbers like AT&T and Verizon do.
AT&T says it plans to spend $250B+ over the next five years to expand its US networks, calling them “critical conduits” for cloud computing and the AI boom
AT&T Inc. said it will spend more than $250 billion in the next five years to build out its infrastructure in the U.S. …
Utah-based Awardco, which makes HR software that helps AT&T, Adobe, and other clients manage employee rewards, raised a $165M Series B at an over $1B valuation
Awardco announced Tuesday it has raised a $165 million Series B, valuing the employee rewards platform at more than $1 billion.
AST SpaceMobile's stock is up ~1,300% since a record low in April 2024 and following deals with AT&T and Verizon in May to provide wireless service from space
Bloomberg :
AT&T plans to invest an additional $3B by 2030 to help close the US digital divide, after initially committing $2B by 2024, which helped nearly 5M Americans
Hope King / Axios :
AT&T and Verizon have raised the cost of some monthly and older mobile plans, testing consumer budgets; T-Mobile has kept most rates flat
Drew FitzGerald / Wall Street Journal :
Verizon, AT&T, and T-Mobile have spent $118.4B on 5G airwaves and network upgrades, compared to $61.8B spent on 4G, but have little to no revenue to show for it
When Verizon, AT&T, and T-Mobile introduced the first 5G mobile services in the U.S. three years ago … Tweets: @baxiabhishek , @adrianweckler , @gregorytaylor1 , @aallan , @dan_rowinski , @karlbode , ...
FCC says Verizon spent the most during its 5G licenses auction, bidding $45.5B, followed by AT&T with $23.4B, and T-Mobile with $9.3B
- AT&T is second at $23 billion in bids, followed by T-Mobile — FCC releases results of so-called C-band airwaves sale
Internal data shows only 11.3M US households regularly watch NBCU's Peacock; sources: NBCU has pitched ViacomCBS about bundling their streaming services
The Information : Tweets: @natjarv , @jstrauss , @ballmatthew , @edmundlee , @richlightshed , and @pkafka See also Mediagazer Tweets: Natalie Jarvey / @natjarv : Having only a third of your users reg...
AT&T, Verizon, and other bidders have spent a record $80.9B during the 5G spectrum auction, expected to lead to a wave of borrowing for the indebted sector
AT&T, Verizon expected to turn to bond markets and banks to finance bids in record-setting FCC airwaves auction Tweets: @natesafety Tweets: Nate / @natesafety : AT&T and Verizon are among the companie...