Briefs
Verizon Teams With AST SpaceMobile on Space-Based Cellular Service
Verizon has signed a deal with AST SpaceMobile to provide cellular service from space beginning next year.
People
Verizon Names Former PayPal Head Dan Schulman CEO
Hans Vestberg, who led the company since 2018, will stay on as an advisor for about a year.
Earnings
Verizon’s Fixed Wireless Adds Miss Expectations
The carrier's 278,000 fixed wireless additions were its lowest since 2022.
FCC
FCC Approves $20 Billion Verizon–Frontier Merger
Democrat Gomez condemned the approval as a 'backroom deal.'
Earnings
Frontier Adds 107,000 Fiber Subs, More Than Expected
The company's fiber footprint passed 8 million locations.
Earnings
Verizon Says Buildouts Safe From Tariffs
The carrier posted its worst ever postpaid phone losses after price hikes.
Briefs
Comcast Launches Connected Building Solution for Multifamily Properties
Comcast’s Multifamily Xfinity Broadband Gateway is designed specifically for multifamily buildings.
mergers
Carr Probing Verizon Over Diversity Initiatives
The company's $20 billion acquisiton of Frontier needs FCC approval.
Satellite
Verizon, AT&T Successfully Test Direct-to-Satellite Video Calls
FCC granted temporary authority for testing, but full commercial approval awaits.
Earnings
Verizon's Fixed Wireless Plateau a 'Riddle': Analyst
The company said it's still on track to hit 8 million fixed wireless subscribers by 2028.
Earnings
Verizon Doubles Fixed Wireless Targets, Plans More Than 35M Fiber Passings
The company should have 30 million passings by 2028, by virtue of buying Frontier and continuing Verizon expansion.
Fiber
Verizon Submits $20 Billion Frontier Merger for FCC Approval
Verizon argues minimal competitive overlap, but regulators will examine the impact.
Wall Street Journal
AT&T, Verizon, and Lumen in Hot Seat After China Cyberattack
Lawmakers want answers from the three companies about alleged Chinese cyberattacks.
Infrastructure
Verizon, Vertical Bridge Agree to $3.3 Billion Tower Deal
Vertical Bridge will receive more than 6,000 towers across the U.S
5G Wireless
Frontier Purchase Won't Change Fixed Wireless Strategy: Verizon CEO
The company is set to meet its goal of 4 million fixed wireless subscribers in the near future.
5G Wireless
Fixed Wireless Subscriber Growth Solid in Q2
Some companies expressed concerns that the mass transition to fixed wireless could lead to future spectrum limitations.
