Major Telecom Operators Form Joint Venture for Satellite Connectivity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2026
0mins
Source: stocktwits
- Joint Venture Formation: AT&T, T-Mobile, and Verizon announced plans to form a joint venture aimed at expanding wireless networks using satellite direct-to-device communication technology to address coverage gaps in rural areas, which is expected to enhance customer network experience.
- Technology Integration: The joint venture will pool limited spectrum resources to boost satellite capacity and establish unified technical specifications and industry standards, enabling seamless handoffs between terrestrial networks and satellite coverage, thereby improving service reliability and availability.
- Market Reaction: Despite retail investor sentiment being bearish towards the three companies, AT&T's stock remained flat, T-Mobile shares fell over 4%, while Verizon gained more than 16%, indicating market interest in the joint venture.
- Industry Collaboration: By collaborating with other carriers, the three companies aim to accelerate customer access to reliable coverage, with AT&T's CEO John Stankey stating that this move will enhance competitiveness and foster innovation across the industry.
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Analyst Views on T
Wall Street analysts forecast T stock price to rise
15 Analyst Rating
8 Buy
5 Hold
2 Sell
Moderate Buy
Current: 24.880
Low
20.00
Averages
28.27
High
33.00
Current: 24.880
Low
20.00
Averages
28.27
High
33.00
About T
AT&T Inc. is a holding company. The Company is a provider of telecommunications and technology services globally. The Company’s segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. The business units of the Communication segment include Mobility, Business Wireline, and Consumer Wireline. Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced Ethernet-based fiber services, Internet Protocol (IP) Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections. Consumer Wireline provides legacy telephony voice communication services. The Latin America segment provides wireless services and equipment in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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