1 BTC
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iShares Global Comm Services ETF
As of May 30, 2026 at 09:10 UTC
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About iShares Global Comm Services ETF
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Latest News
5 articlesAT&T announced a $19 billion investment plan to expand fiber and wireless networks across California through 2030, bringing total state investment to $35 billion over the decade. The company also launched 'Build-A-Plan,' a customizable wireless service starting at $15/month, and reaffirmed its 2026-2028 guidance with projected low-single-digit service revenue growth and improving EBITDA growth.
AT&T, Verizon, and T-Mobile have agreed to collaborate on reducing wireless dead zones across the U.S. through pooled spectrum resources and joint investments in satellite-enabled direct-to-device technology. The partnership aims to improve coverage in rural and underserved areas. However, AT&T's stock is currently underperforming its sector, trading 4.2% below its 20-day moving average with fading momentum.
AT&T and Citigroup launched enhanced benefits for the AT&T Points Plus Card, allowing customers to save on bills and earn rewards with no annual fee. AT&T also announced a $2 billion investment to upgrade emergency communications infrastructure through FirstNet, cutting costs by $1 billion to accelerate 5G deployment. However, AT&T shares declined 0.11% to $26.15, trading below key moving averages and showing short-term weakness despite the Communication Services sector gaining 0.20%.
Activist investor Dan Loeb's Third Point LLC increased its Meta Platforms stake by 47% in Q3 2025, reversing a complete divestment earlier in the year. Meta continues to invest heavily in AI technology and data centers while facing mixed market performance.
Meta Platforms signed an additional Power Purchase Agreement with ENGIE's North American subsidiary, expanding their clean energy collaboration to over 1.3 GW across four Texas solar projects, with a new 600MW Swenson Ranch Solar project set to become operational in 2027.
