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Inflation is stubbornly high, but not in home broadband service. There, telecom operators are making fiberoptic inroads in a business long dominated by cable television companies. The result has been discounting: UBS reports that prices for various broadband service tiers are down 7% to 14% for fiber over the past year, and 17% to 27% for cable.
The Justice Department’s defense of the White House ban on Versant Media Group (VSNT) unit MS NOW, alongside CNN and Politico, puts the media operator’s political exposure and business risk under a sharper spotlight for investors. Versant Media Group’s share price has come under pressure, with the stock down 10.6% on a 7 day share price return and 13.5% on a 30 day share price return, extending a year to date share price decline of 28.2% as investors reassess both political risk and longer...
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Warner Bros. (WBD) unit CNN, Versant Media (VSNT) unit MS Now, and Politico's ban from the White Hou
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