AT&T CEO John Stankey warned Wednesday that President Donald Trump’s tariffs could hurt the carrier, echoing Verizon CEO Hans Vestberg on Tuesday (see 2504220033). Unlike Verizon, which lost postpaid phone subscribers in Q1, AT&T reported 324,000 postpaid phone net adds in the quarter, buoyed by FirstNet.
Apple and Meta violated the EU Digital Markets Act (DMA), the European Commission said Wednesday in its first noncompliance decisions under the measure. It hit Apple with a $568 million (500 million euros) fine and Meta with $227 million (200 million euros). Neither company commented immediately.
Changes wrought by President Donald Trump’s return to the White House are already affecting telecom industry financials. Verizon CEO Hans Vestberg noted the risks from tariffs on a call with analysts Tuesday after the company released Q1 results. The nation’s largest wireless provider reported a net loss of 289,000 monthly postpaid phone subscribers in the quarter, after adding 568,000 in Q4 2024.
Global smartphone shipments increased 1.5% year over year in the first three months of 2025, despite potential headwinds looming, IDC said Monday. Shipments rose to 304.9 million units, said an IDC report, which came after a confusing weekend for smartphones and the Trump administration's China trade policy.
The USF's future is one of the biggest issues for Competitive Carriers Association members, CEO and President Tim Donovan said in an interview. The organization is “cautiously optimistic” following U.S. Supreme Court arguments in the Consumers' Research case (see 2503260061), he said.
President Donald Trump should “fully revoke” tariffs in the wake of his 90-day pause announcement Wednesday, said Consumer Technology Association CEO Gary Shapiro in a statement. “We appreciate President Trump's willingness to pause most tariffs,” but the additional 10% universal baseline tariffs, which are still in effect, and the “continued uncertainty” are “already hurting American small businesses,” Shapiro said. The pause doesn’t affect China, and in a post Wednesday on Truth Social, Trump announced an increase in tariffs on that country’s imports to 125%. Many consumer electronics are manufactured in China, including most iPhones. “CTA urges President Trump to focus his efforts on what he does best, dealmaking,” Shapiro said. “Now is the time to reposition the United States with our allies as a reliable trading partner while growing the American and global economy."
LAS VEGAS -- Broadcasters are optimistic about ownership deregulation and concerned about tariffs, while NAB is looking to broaden the NAB Show’s appeal, according to speeches and interviews at NAB Show 2025, which kicked off Saturday and runs until Wednesday. The show is set to feature almost no FCC presence compared with previous years, as only Commissioner Anna Gomez planned to attend.
New tariffs from the Trump administration could increase the price of smartphones in the U.S. by as much as 48.8%, warned the IPC, which represents electronics manufacturers. “Reciprocal tariffs have far-reaching consequences beyond just higher prices on finished imported goods,” Shawn DuBravac, IPC's chief economist, said in an emailed statement Friday. “Trade is essential to supply chain resilience, innovation, and cost competitiveness.”
FCC commissioners will consider a long-anticipated order on sharing in the 37 GHz band at their meeting April 28, Chairman Brendan Carr announced Friday. In addition, the commission will vote on satellite spectrum sharing and an item designed to crack down further on robocalls. Foreign ownership rules round out the agenda.
Telecom industry associations have had little to say on the record so far on the tariffs President Donald Trump unveiled Wednesday. A baseline tariff rate of 10% on all imports takes effect Saturday, while China and EU countries that manufacture products used in the telecom sector face higher reciprocal tariffs starting next week.