FCC Commissioner Michael O’Rielly violated a federal ethics law when he called for the re-election of President Trump at a panel discussion with fellow FCC Republicans Ajit Pai and Brendan Carr at the Conservative Political Action Conference (CPAC) on February 23, according to the US Office of Special Counsel (OSC). The violation came to light after the OSC’s Deputy Chief …
CommScope’s stock gets hammered after company issues new guidance
CommScope Holding Company’s shares tanked Tuesday after the communication network infrastructure provider’s first quarter report was released. The stock closed today at $27.59, down $10.63, a 27.81% drop. CommScope bested analysts’ efforts across the board, but it revised its guidance to reflect new challenges caused by price reductions in the US. The $5.35 billion company left its expected revenue range …
Crown Castle monopole destroyed in early morning Philly fire
Crown Castle is investigating the circumstances that caused a multi-tenant monopole to catch fire early this morning in Philadelphia. Firefighters were called to the cell site kocated just of the Schuylkill Expressway between Montgomery Dr. and Roosevelt Blvd. at about 5:15 a.m. after numerous drivers called in the fire that had swept through the center of the pole, igniting transmission …
Bet on the Sprint/T-Mobile mega merger wounding towercos
If the proposed T-Mobile and Sprint merger announced Sunday is approved by federal regulators, both companies said that they expect the marriage creating the nation’s second largest carrier would be sometime in July 2019. However, it’s been identified by the carriers that fully combining the companies is another three to four years, possibly longer. Displaying their lack of fundamental industry …
- Page 2 of 2
- 1
- 2
