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.
Reliance Industries is converting the Jio Platforms initial public offering into a fully fresh issue with no offer for sale. The change follows investor disagreements on pricing and seeks to protect retail investors through market-driven post-listing prices.
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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.
AT&T will increase prices by up to $20 per month on its retired unlimited wireless plans starting in April 2026. The change affects accounts with plans activated before July 24, 2025, but includes an extra 20GB of hotspot data. This follows the recent launch of new 2.0 unlimited plans.
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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.
Phreeli has introduced a new mobile virtual network operator that allows payments with cryptocurrency and emphasizes user privacy. The service is available in more than 90 countries worldwide. It offers five unlimited plans with varying high-speed data options for flexibility.
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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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