Latest Telecommunications News

Traders Timothy Nick, left, and Peter Tuchman work on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)

Stocks fall on Apple revenue warning; Dow drops 165

Feb. 18, 2020 5:12 PM EST

U.S. stock indexes closed with mostly modest losses Tuesday as the market gave up some of its solid gains from the past two weeks. Banks and technology stocks accounted for most of the decline. The Nasdaq eked out a tiny gain that was good enough to nudge it to another record high. The selling, which lost some of...

FILE - In this Oct. 31, 2019, file photo, attendees walk past a display for 5G services from Chinese technology firm Huawei at the PT Expo in Beijing. The Trump administration is stepping up pressure on European allies to ban Chinese tech firm Huawei from supplying next-generation mobile networks, with more officials visiting this week to press the case. (AP Photo/Mark Schiefelbein, File)

Europe resists mounting US pressure on Huawei 5G technology

Feb. 18, 2020 2:21 PM EST

LONDON (AP) — The Trump administration is stepping up pressure on European allies to ban Chinese tech firm Huawei from supplying next-generation mobile networks, with more officials visiting this week to press the case. The diplomatic push seems to be failing, however, after Britain decided to allow Huawei...

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 18, 2020. Shares have fallen in Asia as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to cancel major events including the Beijing auto show. (AP Photo/Eugene Hoshiko)

Shares take hit as virus outbreak slams profits, events

Feb. 18, 2020 7:08 AM EST

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the Beijing auto show. Britain's FTSE 100 dropped 1% to...

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 18, 2020. Shares have fallen in Asia as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to cancel major events including the Beijing auto show. (AP Photo/Eugene Hoshiko)

Shares fall in Asia as virus outbreak hits profits, events

Feb. 18, 2020 1:56 AM EST

BANGKOK (AP) — Shares slipped in Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target and China moving to postpone or cancel major events including the Beijing auto show. Signs suggest China may postpone its annual...

FILE - In a Feb. 14, 2020 file photo, employees wear face masks as they stand in a reopened Apple Store in Beijing. Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday, Feb. 17, 2020 that all of its iPhone manufacturing facilities are outside Hubei province, and all have been reopened, but production is ramping up slowly. (AP Photo/Mark Schiefelbein, File)

Apple warns China virus will cut iPhone production, sales

Feb. 17, 2020 5:18 PM EST

CUPERTINO, Calif. (AP) — Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday that all of its iPhone manufacturing facilities are outside Hubei...

New York attorney general drops T-Mobile-Sprint challenge

Feb. 16, 2020 4:16 PM EST

NEW YORK (AP) — New York's attorney general said Sunday the state will not appeal a judge's decision approving the merger of T-Mobile and Sprint. Attorney General Letitia James and California Attorney General Xavier Becerra led a coalition of 14 attorneys general who sued to stop T-Mobile's purchase of...

In this Jan. 30, 2020, photo, a Kashmiri journalist, center, browses the internet on his mobile phone inside the media center set up by government authorities in Srinagar, Indian controlled Kashmir. Six months after India stripped restive Kashmir of its semi-autonomy, enforcing a total communications blackout, it has restored limited internet at slow speeds with access only to government-approved websites. Since Modi came into power in 2014, the internet has been suspended more than 365 times in India, according to the global digital rights group Access Now. (AP Photo/ Dar Yasin)

India keeps lid on Kashmir's internet 6 months into lockdown

Feb. 14, 2020 2:04 AM EST

NEW DELHI (AP) — Six months after India's government stripped restive Kashmir of its semi-autonomy and enforced a total communications blackout, it is heralding the restoration of limited, slow-speed internet as a step toward normalcy. But for the Himalayan region's 7 million people, the reality is far...

FILE - In this Feb. 11, 1999, file photo, drivers in the first 125-mile Daytona 500 qualifying race start the race at Daytona International Speedway in Daytona Beach, Fla. Daytona Beach became the unofficial

NASCAR signs Verizon to upgrade wireless, wifi at 12 tracks

Feb. 13, 2020 11:12 AM EST

DAYTONA BEACH, Fla. (AP) — NASCAR announced a deal with Verizon on Thursday intended to give fans at its 12 racetracks better access for their phones and solve a long-simmering headache over dead zones at the sprawling venues. The deal will improve connectivity at the 12 tracks owned by NASCAR — a...

Workers at the Mobile World Congress sit outside the venue in Barcelona, Spain, Thursday, Feb. 13, 2020. Organizers of the world’s biggest mobile technology fair are pulling the plug over worries about the viral outbreak from China. The annual Mobile World Congress will no longer be held as planned in Barcelona, Spain, on Feb. 24-27. (AP Photo/Emilio Morenatti)

Spain disputes tech show was canceled for health motives

Feb. 13, 2020 10:53 AM EST

BARCELONA, Spain (AP) — Organizers of the world’s biggest mobile technology fair insisted Thursday that they canceled the annual Mobile World Congress due to health and safety concerns over the virus outbreak in China. But the Spanish government disagreed, hinting that there was another motive for...

In this Feb. 25, 2019 photo, attendees walk to enter at the Mobile World Congress wireless show, in Barcelona, Spain. Organizers of the world’s biggest mobile technology fair are pulling the plug over worries about the viral outbreak from China. The annual Mobile World Congress show will no longer be held as planned in Barcelona, Spain, on Feb. 24-27, 2020. (AP Photo/Emilio Morenatti)

Virus worries force cancellation of major tech show in Spain

Feb. 12, 2020 3:56 PM EST

LONDON (AP) — Organizers of the world’s biggest mobile technology fair are pulling the plug over worries about the viral outbreak from China. The annual Mobile World Congress will no longer be held as planned in Barcelona, Spain, on Feb. 24-27. “Global concern regarding the coronavirus...