In this brief note, we cover: 1) securitizable spectrum value; 2) when cash runs out; 3) the implications of the DBS lawsuit for raising new capital; 4) operating improvements in prepaid wireless; 4) progress on cost savings; 5) preliminary thoughts on a new strategy in postpaid wireless.
Operating results were generally a bit better than expected. The Company appears to be doing what it can to preserve cash. The cash burn was $100MM higher than we expected and $200MM higher than consensus expected. We estimate that the Company has enough cash to get through the next two quarters, but barely.
AMD Receives IEEE 2024 Corporate Innovation Award for Leadership in Chiplet Design for High-Performance and Adaptive Computing SANTA CLARA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: AMD) received the prestigious 2024 Corporate Innovation Award from the Institute of Electrical and Electronics Engineers (IEEE) during a May 3 ceremony in Boston. The award recognizes AMD for pioneering the development and deployment of chiplet architecture designs for high-performance and adaptive computing. AMD was among the first companies to leverage the benefits of chiplet architecture at scale ...
Optiver Chooses AMD Enterprise Portfolio to Power its Data Center Modernization, Enabling New Era of Compute and AI Optiver utilizes high-performance AMD solutions including EPYC CPUs, Solarflare Ethernet adapters, Virtex FPGAs and Alveo Accelerators SANTA CLARA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Today, (NASDAQ: AMD) announced that – a leading global market maker trading on 100+ exchanges – is using a broad range of AMD high-performance compute engines to help further its mission of improving financial markets by building a modern infrastructure that serves as the backbone of t...
In this Weekend Update, we review the multiple activities affecting the prospects for an ACP extension, including one legislative solution that was pulled from a mark-up, a Senate hearing on the subject, and an effort to attach an extension to FAA reauthorization. Our bottom line remains: 1. With the ACP funds about to run out, recipients in May or June are likely to start having to make hard choices about what they are willing to pay for. 2. We agree with the consensus in government and indus...
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