Telecom Stocks Slide as SpaceX Spectrum Deal Sparks Competition Fears
US and European telecommunications stocks tumbled on Friday after SpaceX’s acquisition of low-band spectrum intensified concerns over competition from satellite-based mobile services. T-Mobile US, Verizon and AT&T fell between 5.5% and 7.4% in premarket...
Hackers Steal Call Records of Nearly All AT&T Customers
AT&T Wireless revealed on Friday that hackers stole call and text records from almost all of its 109 million customers. The theft, involving records from May to October 2022, was discovered in April 2023...