Verizon secured a new contract in Southeast Asia, driven by strong demand from Bharti Airtel and Ribbon Communications.
1 report, 1 independent
Updated Jul 25
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What happened
Verizon secured a new contract in Southeast Asia, driven by strong demand from Bharti Airtel and Ribbon Communications.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Verizon
American broadband and telecommunications company
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Bharti Airtel
Indian multinational telecommunications company
- A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.
- Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.
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Ribbon Communications
publicly-traded company
Nothing else this week.
Related events
- Bharti Airtel and Cipla contributed to strong earnings growth in the Indian market, according to Motilal Oswal.
- Verizon surged while T-Mobile dropped, with reports that Dan Schulman is leading Verizon's cost and subscriber turnaround.
- Major telecom operators Jio, Bharti Airtel, and Vodafone Idea are fiercely competing for market share under the monitoring of the Telecom Regulatory Authority of India.
Coverage
Newest first; wire copies grouped- BenzingaVerizon And Federal Wins Power Ribbon Communications' Confident Outlook Ribbon Communications (NASDAQ:RBBN) reported a robust second quarter for 2025, driven by strong demand and key customer wins. R