Netflix reported first-quarter earnings after market close on Tuesday, with Wall Street bracing for a slowdown in subscriber growth following a record-setting year.
A Mexican judge on Tuesday blocked part of a federal telecommunications law requiring cellphone users to give telecom providers their personal data for a biometric registry. The judge's provisional measure blocks a reform to the law that would put customers at risk of having their lines canceled if they refused to submit their data, according to the judicial filing. Supporting lawmakers argued that the registry, approved by the Senate last week, was necessary to reduce crime, including extortion and kidnapping, by making it harder for criminals to remain anonymous when opening new cellphone lines.
Continued infrastructure investments for fiber connectivity, mid-band spectrum assets and the deployment of a standards-based nationwide mobile 5G network are likely to have affected AT&T's (T) first-quarter bottom line.