Jeff Kagan | |

As COVID-19 continues its impact on industries, we should expect to see changes or adjustments in growth strategies from many companies. Let’s take a look at companies in the wireless, telecom, pay TV, entertainment, Internet space and more. Companies like Verizon, AT&T, T-Mobile, Comcast Xfinity, Charter Spectrum, Altice, Disney and many others.

Today, smart companies are now actively studying their growth strategies and planning on changes that will help them continue to grow going forward over the next year or two or longer during Covid-19.

Reuters | |

European private equity fund EQT is holding preliminary talks with KPN NV over a possible takeover bid that could value the largest Dutch telecommunications company at about $13 billion, a source with knowledge of the matter said.

EQT has approached both KPN’s management and the Dutch government in recent weeks to discuss a possible deal, the source said.

The buyout fund, founded in Sweden in 1994 and led by Chief Executive Christian Sinding, is working with JPMorgan  on a possible deal, the source said, but negotiations are still at an early stage and no deal is certain.

Jeff Kagan | |

The AT&T Q3 numbers were released last week. They show even though COVID-19 has had a short-term impact on the newer parts of the company in the entertainment space, AT&T continues to grow in wireless, HBO and broadband. Let’s take a closer look at what this means for growth going forward.

AT&T added more than five million wireless lines in the third quarter alone. The company is in the process of a healthy expansion of its business for long-term growth.

Reuters | |

Qualcomm Inc on Tuesday said it will produce chips for 5G telecommunications networking gear, marking the first entry by a major American technology company into a market dominated by European and Chinese firms.

San Diego-based Qualcomm is already the largest supplier of chips for mobile phones, including the modem chips that connect handsets to newer 5G wireless data networks capable of faster speeds than LTE networks. But the market for the ...

Reuters | |

Orange and Proximus have picked Nokia to help build 5G networks in Belgium as they drop Huawei amid U.S. pressure to exclude the Chinese firm from supplying key telecoms equipment.

The moves are among the first by commercial operators in Europe to drop Huawei from next-generation networks and come after months of diplomatic pressure from Washington, which alleges Huawei equipment could be used by Beijing for spying.

Jeff Kagan | |

As COVID-19 continues to spread, it is impacting so many industries including entertainment. This is the industry that both AT&T and Comcast have chosen for their next wave of growth. Disney announced it is pulling back, for a while anyway. So, let’s explore the growth strategies for both AT&T and Comcast.

Today, AT&T and Comcast are competing head to head, but it wasn’t always that way. AT&T came from the telephone side and Comcast from the cable TV side.

Jeff Kagan | |

Wireless networks both in the US marketplace and around the globe are spending billions of dollars every year, year after year to bring 5G to the marketplace. The winners will be those who innovate better. 5G has only just begun and will get better and faster as time passes. We will continue on this growth path for years to come. Let’s take a look at a few companies that are leading today.

5G is more than just the next generation of the wireless industry. Going forward, wireless carriers need to be innovative in order to win as the marketplace continues to expand with new technologies and new competitors. Plus, non-wireless companies will enter the world of 5G.

AP News | |

Verizon, the country’s largest phone company, is buying prepaid phone seller Tracfone for up to $6.9 billion, expanding its low-income customer business.

Tracfone, a subsidiary of Mexico telecom giant America Movil, is a mobile reseller, the largest in the U.S. It doesn’t build its own network, instead paying companies like Verizon, AT&T and T-Mobile a fee to use theirs. Nearly two-thirds of Tracfone’s 21 million U.S. customers get their service fro...

Reuters | |

Samsung Electronics said on Monday it had won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States, a major win for the South Korean firm in the next-generation 5G network market.

Samsung’s global prospects for its network business have improved following U.S. sanctions on its bigger rival Huawei, analysts said.

Verizon CEO Hans Vestberg told CNBC in July last year tha...

AP News | |

The Dow Jones Industrial Average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months.

The S&P 500 rose 1.5%, it’s best day since July 6. The benchmark index and the Nasdaq composite each hit new highs, extending Wall Street’s milestone-setting run in recent weeks.

Health care, technology and communications companies drove the rally. Technology stocks, which have led the market’s rebound this year, briefly stumbled in the early going, but gained strength into the afternoon. Energy companies fell as oil prices closed lower. Treasury yields were mixed.