Telecom
Verizon outage disrupts voice and data services for millions
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A major outage hit Verizon's network on January 14, 2026, affecting voice calls and wireless data for customers across the United States. Users reported seeing 'SOS' on their phones instead of signal bars, with peak outage reports exceeding 180,000. Verizon acknowledged the issue and stated its engineers were working to resolve it quickly.
Lumen Technologies conducted its first-quarter 2026 earnings conference call on May 5, 2026. CEO Kathleen Johnson and President and CFO Christopher Stansbury presented to analysts. The call included standard forward-looking statement disclaimers.
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Aviat Networks disclosed weaker-than-expected sales and profitability for its fiscal third quarter of 2026. Management attributed the shortfalls to project delays from the Middle East conflict and demand shifts by major customers. An analyst has downgraded the stock to Hold.
Hong Kong's CK Hutchison Holdings reported a 7% rise in underlying profit to HK$22.3 billion (US$2.85 billion) for last year, despite 'unforeseen challenges' including a legal conflict over Panama ports. Net profit fell 31% to HK$11.84 billion due to a one-time non-cash loss from the 3UK-Vodafone merger. Chairman Victor Li Tzar-kuoi highlighted the group's diversified business as a mitigating factor.
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Reliance Industries' telecom arm, Jio Platforms, has informed bankers of plans to file its IPO prospectus as early as March. The move involves filing initial documents by the end of this month. Seventeen bankers have been appointed to manage what could become India's largest IPO.
Safaricom Ethiopia has rolled out price increases of 20 to 82 percent on data bundles starting December 23, 2025. The company attributes the changes to rising operating costs and investments, but customers have voiced complaints over the hikes. This adjustment affects various daily, weekly, and monthly plans.
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CNET has released its guide to the best mobile phone plans for 2025, highlighting options from major carriers and prepaid providers amid recent updates to pricing and features. The recommendations cater to various needs, from budget-conscious singles to families and international travelers, emphasizing value over premium perks.
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