Company
AT&T is a major U.S. telecommunications company providing wireless, broadband, and enterprise network services nationwide.
SpaceX's Grain spectrum purchase, put at nearly $8 billion by a source, is under a tenth of the more than $80 billion TD Cowen says a mobile network would cost. The build would draw on the same cash as Starship, AI infrastructure and the Terafab chip factory.
Reality
T-Mobile is the first US carrier to support Apple's iPhone Handoff, at $5 a month, The Verge reports. Verizon plans to follow by year-end, but T-Mobile bars business accounts at launch, so for now the users are T-Mobile customers outside business accounts.
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AT&T agreed to sell its Mexican wireless unit to Televisa and Fintech Holdings for $2 billion in cash. Bloomberg puts AT&T's outlay on the unit at roughly $4.4 billion, so the sale recovers about 45% of it.
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Apple's Get Ready tool opened October 12 so iPhone Duo buyers can pick model, color, storage and carrier before pre-orders start October 16. Engadget warns that waiting for the window could delay delivery of a phone that ships October 23.
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Seven AT&T employees over 50 sued on October 12, alleging termination pay hinged on a pole-climbing test after the Peoria office closed. The complaint says younger and male employees were paid without testing, so the case turns on how AT&T explains the difference.
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SpaceX agreed on Thursday to buy Grain Management's nationwide 800 MHz spectrum portfolio for Starlink Mobile, pending approval from the FCC. AT&T, Verizon and T-Mobile shares fell after hours on fears that a satellite rival that can reach phones indoors will start a price war.
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SpaceX's reported $8 billion deal for Grain Management's 800MHz spectrum drew a public rebuttal from T-Mobile CTO John Saw. Saw calls spectrum only the starting point and satellite service a complement to terrestrial networks.
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AT&T and T-Mobile fell about 9% and Verizon 6% on Friday morning after SpaceX said it was buying low-band spectrum from Grain Management. That spectrum alone cannot carry a nationwide network, so the carriers' first bill may come at spectrum auctions, where Evercore expects SpaceX to push up prices.
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SpaceX's plan to become a major US mobile carrier cut AT&T and Verizon shares 10% and T-Mobile's 14% on Friday, erasing more than $50 billion in value. JPMorgan and UBS analysts say matching the incumbents would take a ground network SpaceX has yet to build, so business wireless buyers are negotiating against that construction timetable.
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FCC commissioners will vote Oct. 29 on auctioning 25MHz for satellite-to-phone service and on taking comment on 482MHz more. A clearing price would test the roughly $302 million a megahertz SpaceX paid EchoStar, by Reuters' figures.
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AT&T texted iPhone 18 Pro Max owners to install iOS 27.0.1 immediately, warning that some phones may be unable to complete calls, including to 911. Teams managing those phones can install it for the fixes Apple documented while keeping the cellular fault logged as unresolved.
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T-Mobile cut "with Starlink" from its T-Satellite homepage in the week it, AT&T and Verizon launched a joint venture to pool satellite spectrum. The satellites behind the service are still SpaceX's, under a US exclusivity T-Mobile's CEO says lasts beyond this year.
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Apple says iPhone 18 Pro Max phones that lost service on AT&T must be replaced because software cannot reactivate them. Its iOS 27.0.1 release and a new AT&T carrier settings file are meant only to keep working phones from failing.
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Bill Gross told investors to own no bonds except one-year Treasury bills at 4.55%, citing about $84 trillion of credit and federal debt at 100% of GDP. Holding only bills gives up the gain longer bonds would make in a slowdown, and Gross himself expects the debt to bring one.
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AT&T, Verizon and T-Mobile formed a company on Oct. 1 to pool some of their airwaves so ordinary phones can reach satellites beyond tower range. Analysts read it as a defense against SpaceX, while a driver who loses signal on a back road this week has the same options as before.
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AT&T is texting affected iPhone 18 Pro Max owners to install iOS 27.0.1 because some phones may be unable to complete calls, texts or data, including to 911. Teams issuing the phones should install it before moving any eSIM, the setup step tied to some failures.
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Army soldier Cameron Wagenius got 70 months in prison for extorting AT&T with call records taken from Snowflake accounts that lacked MFA. His group got in with exposed credentials alone, and AT&T's $370,000 ransom did not stop the leaks that followed.
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The Gen 6+ sells for $649.99 and is the first Fairphone the company has sold directly in America. The argument it makes is arithmetic, not atmosphere.
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Sens. Mark Warner and Ted Cruz filed a bill giving NTIA 18 months to write voluntary telecom security practices, with an optional third-party certification. Adopting them stays each carrier's choice, nearly a year after the mandatory post-breach rules were scrapped.
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Apple's iPhone 18 Pro pre-orders and its first foldable sit five weeks apart. Anyone buying handsets in quantity now has two ordering windows to choose between, and the larger phone is already the constrained one.
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Leadership · September 1, 2026 · One report1 publisher