AT&T sues over Charter's use of 'fiber

Comcast and its affiliates face antitrust allegations from FilmOn, which also invoked the ADA and claimed censorship. The case was dismissed in Texas for lack of jurisdiction but can be refiled in Pennsylvania or Delaware. Comcast's ownership structure, including NBCUniversal and NBC, was noted, though NBC does not own America's Got Talent. Key witnesses are preserved for potential future filings.

AT&T (T) partnered with Ericsson (ERIC) for 5G expansion, upgrading networks while Ericsson faces hardware delivery challenges. AT&T's Q2 2026 revenue rose 2.3% to $31.6B, EPS up 20.4% to $0.65. Ericsson's Q2 sales fell 6% to $5B, net income down 12%. Hedge funds adjusted stakes in both. AT&T's debt and legacy revenue declines are risks; Ericsson's margins face pressure from component costs.

AT&T (T) reported a consolidated adjusted EBITDA margin increase of 110 basis points to 39.1% in Q2 2026, driven by revenue growth and cost savings. Total revenue rose 2.3% year-over-year, while adjusted EBITDA grew 5.2%. The company aims to discontinue legacy services in over 30% of wire centers by late 2026, targeting $4 billion in annual cost savings by 2028. Fiber ARPU fell 1.3% year-over-year, but AT&T added 147,000 consumer postpaid wireless accounts, its best in over three years.

Comcast (CMCSA) and Charter (CHTR) reported Q2 results, pursuing opposite strategies. Comcast plans to spin off NBCUniversal and Sky, with Peacock posting its first profit of $189M. Charter is acquiring Cox for $21.9B, despite broadband losses. Both companies beat profit estimates but lost more broadband customers than expected. Comcast trades at a discount, while Charter cut its full-year profit outlook.

A federal judge approved a $117.5 million settlement for Comcast in a data breach case involving 31.7 million potential class members. The breach, caused by the 'Citrix Bleed' vulnerability, exposed personal information. Comcast will fund the settlement, offering reimbursement and credit monitoring. The case was complex due to legal and factual challenges, including claims under the federal Cable Communications Policy Act.

Comcast reached a $117.5M settlement for a 2023 data breach affecting 31.5M people. A judge approved the settlement but reduced attorney fees from $39M to $31.7M. The judge noted this is among the largest data breach settlements in U.S. history, with the recovery attributed to class counsel's efforts. Comcast maintains it handled the incident appropriately.