Scott Moritz
Yahoo Finance
New York, NY, United States
Contact Scott
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
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Past articles by Scott:
Verizon Falls to 11-Year Low After Stumble on Subscriber Growth
(Bloomberg) -- Verizon Communications Inc. missed subscriber estimates for the second straight quarter as the largest US wireless carrier struggles to keep... → Read More
AT&T Is Counting on Government Stimulus Dollars to Help Fund Its Broadband Future
The wireless giant wants small towns to use federal economic recovery money to pay it to provide landline high-speed internet to rural and remote areas. → Read More
5G Has Been a $100 Billion Whiff So Far
Big telecommunications providers still haven’t persuaded consumers to embrace the faster system. → Read More
5G Has Been a $100 Billion Whiff So Far
Big telecommunications providers still haven’t persuaded consumers to embrace the faster system. → Read More
AT&T falls as investors digest merger, smaller dividend payout
AT&T Inc. fell the most in more than a year as investors digested plans for a smaller dividend payout from the phone giant following the planned merger of its WarnerMedia division with Discovery Inc. → Read More
AT&T rises most since October on gains in HBO Max, wireless
AT&T Inc. rose the most since October after gains in wireless customers and HBO Max streaming subscribers drove profit that topped analysts’ estimates, easing concerns over mounting costs for new entertainment productions and the expansion of its 5G network. → Read More
Verizon misses subscriber estimates, a stumble in the 5G race
Verizon Communications Inc. lost regular wireless subscribers for the first time in a year, a troubling sign as the company hustles to catch up with rivals AT&T Inc. and T-Mobile US Inc. in a race for 5G customers. → Read More
AT&T raises HBO Max view to up to 150M accounts
AT&T Inc. said it expects its HBO Max streaming platform to reach 120 million to 150 million subscribers by 2025, a sharp increase in its hopes for a service that’s key to the company’s future. → Read More
Verizon to tap debt market to pay US$36B tab on 5G airwaves
Verizon Communications Inc. made an $8.2 billion payment to the U.S. Treasury Wednesday and expects to go to the debt market to help finance the remaining $36 billion due this month for airwaves that the phone giant needs to accelerate growth. → Read More
AT&T is close to sale of major DirecTV stake to TPG
AT&T Inc. is nearing a deal to sell a significant stake in DirecTV to private equity firm TPG, marking a long-sought exit from the struggles of managing a declining satellite TV business. → Read More
T-Mobile tops profit estimates, but auction costs muddy outlook
T-Mobile US Inc. exceeded Wall Street’s quarterly estimates but offered a full-year earnings forecast that may be light amid a costly federal auction of airwaves for new 5G spectrum. The No. 2 wireless carrier continues to generate faster customer growth than rivals Verizon Communications Inc. and AT&T Inc. → Read More
Once an Also-Ran Carrier, T-Mobile Begins 2021 With a Lead in 5G
Its $26.5 billion purchase of Sprint last year created a company with a vast spectrum on which to build an advanced network. → Read More
5G airwaves bids surge past US$75B to set auction records
Bidding in a 5G airwaves auction in the U.S. surged past $75 billion, fueled by a frenzied demand for capacity that could send carriers like Verizon Communications Inc. and AT&T Inc. to the debt market to finance the tab. → Read More
HBO Max, Peacock subscribers surge as streaming wars heat up
Subscribers at AT&T Inc.’s HBO Max and Comcast Corp.’s Peacock have surged in recent months, a sign they’re gaining momentum in their fight against Netflix Inc. and Walt Disney Co. in the streaming industry. → Read More
BuzzFeed to buy HuffPost from Verizon in latest new-media deal
BuzzFeed Inc. will buy the HuffPost online news service from Verizon Communications Inc., marking the latest shake-up for new-media publishers. → Read More
Verizon sells US$12B of bonds in fifth biggest deal of 2020
Verizon Communications Inc. kicked off a jumbo bond offering as blue-chip companies rush to squeeze in debt sales following optimistic news about a potential COVID-19 vaccine on Monday. → Read More
T-Mobile rises after beating estimates and boosting forecast
T-Mobile US Inc. topped earnings estimates and raised its forecast for the year, maintaining its momentum as the fastest-growing U.S. wireless carrier even as Covid-19 crimped store sales. → Read More
Verizon tops profit estimates, raises 2020 earnings forecast
Verizon Communications Inc. exceeded Wall Street profit estimates and raised its full-year earnings forecast, another sign that the company’s focus on mobile and broadband network services is helping it weather the Covid-19 pandemic. → Read More
Free Apple 5G iPhones are offered by carriers to lure upgraders
Apple Inc.’s iPhone 12 5G, the most anticipated phone in years, will be given away for free by AT&T Inc. and Verizon Communications Inc., showing the carriers are gearing up to fight hard for new subscribers during a potentially huge upgrade cycle. → Read More
Disney+ streaming service faces test when Verizon freebies end
Walt Disney Co.’s new streaming service gets its first big test of subscriber loyalty next month, when a free trial with Verizon Communications Inc. starts to expire. → Read More