Verizon Wireless, the largest U.S. mobile-phone carrier, struck an alliance with cable companies that will change how customers buy Internet, mobile and pay-TV services and present new challenges for rivals such as AT&T Inc.
Comcast Corp., the largest U.S. cable company, climbed the most since 2010 after fourth-quarter profit rose more than analysts estimated and video-customer losses narrowed for the fifth straight period.
Comcast Corp., the largest U.S. cable company and the owner of NBC Universal, said first-quarter profit rose 17 percent as U.S. residential video subscriber revenue increased at the highest rate in four years.
Comcast Corp., the largest U.S. cable company, reported a better-than-estimated 32 percent increase in second-quarter profit after signing up more phone and broadband subscribers and losing fewer video customers.
Verizon Wireless and cable companies led by Comcast Corp. filed agreements with the U.S. government to sell each others’ services, and said the deals shouldn’t be part of a regulatory review of their $3.6 billion airwaves sale.