RSPC

Frontier's CEO Celebrates Turnaround With Revenue Growth and Customer Base Expansion

Frontier Communications Parent, Inc. Reported a fiscal first-quarter revenue growth of 1.5% year-on-year to $1.46 billion. The American telecommunications company's EPS of $0.00 beat the analyst consensus estimate. Declines in copper-based products offset the growth in fiber-based product.

Weekly Report: what happened at RSPC last week (0422-0426)?

Charter Communications Loses Residential Internet Customers In Q1, Reports Sharp Drop In Video Subscriptions

Charter Communications Inc (NASDAQ:CHTR) reported fiscal first-quarter 2024 revenue growth of 0.2% year-on-year to $13.68 billion. The company's stock price dropped after the results. Charter Communications stock lost over 19% in the past 12 months.

Paramount-Skydance Merger Talks Heat Up

Paramount Global and Skydance Media are advancing towards a merger. The parties are in talks to purchase out controlling shareholder Shari Redstone in a potential $4 billion to $5 billion stock deal. In a separate development, Apollo Global Management and Sony are in preliminary talks to buy out all Paramount Global shareholders.

AT&T's Q1 Operating Cash Flow and Free Cash Flow Got A Boost - Does It Make A Case For Higher Dividends?

AT&T Inc. Reported fiscal first-quarter 2024 operating revenues of $30.03 billion, down 0.4% year over year and missing the consensus. The results reflected declines in Mobility equipment revenues and lower Business Wireline revenues. The adjusted EPS of $0.55 beat the consensus of $.54.

Weekly Report: what happened at RSPC last week (0415-0419)?

Why Paramount Global Shares Are Gaining Today

Reports suggest Sony Group Corporation is in talks with Apollo Global Management, Inc. To enter a bid for Paramount Global. The companies haven't yet approached the company. The joint bid aims to privatize Paramount Global by offering cash for all outstanding shares. PARA stock has lost over 51% in the past year.

Weekly Report: what happened at RSPC last week (0408-0412)?