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wireless telecommunications services


BuzzFeed Inc. has agreed to acquire Verizon Media’s HuffPost in a stock deal, the companies said Thursday, uniting two of the larger players in digital media as companies across the sector search for ways to jump-start growth. The acquisition is part of a larger deal between BuzzFeed and Verizon Media, a unit of Verizon Communications …

Apple Inc., Verizon Corp. and the U.S. divisions of several foreign auto makers are among the largest direct beneficiaries of Federal Reserve efforts to support the corporate-debt market, according to disclosures Sunday. In all, the Fed on Sunday identified 794 companies whose bonds it will be buying directly to support the market for investment-grade corporate …

The U.S. Justice Department is winding down its antitrust probe into whether U.S. wireless carriers steered technical standards to make it harder for customers to switch providers, suggesting it is unlikely to file charges in the matter. The department in 2018 demanded information from AT&T Inc., Verizon Communications Inc. and other U.S. companies as well …

President Trump stood in front of hardhat-wearing cell-tower climbers this spring in the White House and declared deploying a superfast 5G wireless network a national priority. “My administration is focused on freeing up as much wireless spectrum as needed,” Mr. Trump said, referring to the key public resource—airwaves—that makes 5G networks and all the technological …

Masayoshi Son, SoftBank’s chairman and CEO who also runs the Vision Fund, has told staffers at the fund to push the companies in which it owns stakes to generate cash, these people said, a drastic shift from his earlier demands that they spend aggressively to drive sales growth. Vision Fund executives are scrutinizing some deals …

SoftBank Group Corp. won approval from WeWork’s board to take control of the troubled co-working startup, in a deal that would hand co-founder Adam Neumann nearly $1.7 billion and sever most of his ties with the company. WeWork, in danger of running out of cash in the coming weeks, chose a rescue offer from SoftBank …

AT&T Inc. T 0.08% has agreed to sell its Puerto Rican and U.S. Virgin Islands businesses to Liberty Latin America Ltd. LILA 2.40% for $1.95 billion in cash, allowing the telecommunications giant to shave its debt load and move closer to repurchasing shares. AT&T’s operation in Puerto Rico provides cellular, landline and internet connections. It …

AT&T Inc. T -1.08% is exploring parting with its DirecTV satellite unit, people familiar with the matter said, a move that would mark a sharp course correction in strategy for Chief Executive Randall Stephenson, who billed his $49 billion bet on the satellite provider as a key to the phone giant’s future. The telecom giant …