AT&T will be lowering its Capital Expenditure (Capex) for 2019 — and gross capital investment will be within the range of $23 billion. AT&T provided an update on its strategy at a meeting following the acquisition of Time Warner, now known as WarnerMedia, as well as guidance for 2019. Considering about 40 percent of AT&T's revenues and…

Avanti Communications Group issued an update for the quarter ended Sept. 30 and post quarter to date, in which it saw strong revenue growth in Q3 2018. Revenue for the 3 months to Sept. 30 was $10.8 million, yet there was an Earnings Before Interest, Tax, Depreciation and amortization (EBITDA) loss of $10.6 million. Other highlights…

Dish appointed Suma Nallapati to Senior Vice President (SVP) and Chief Digital Officer (CDO), reporting to Dish Chief Information Officer (CIO) Atilla Tinic. Nallapati currently serves on Colorado Governor John Hickenlooper's cabinet as Secretary of Technology and State CIO. She will join Dish in mid-January when Colorado Governor-Elect Jared Polis assumes the office. Nallapati will lead Dish's application delivery and digital strategy implementation. Her technology…

Lockheed Martin is contributing $1.5 million to the University of Central Florida (UCF) for the development of a new cyber innovation lab that aims to foster the next generation of cyber talent. "Our contribution is an investment in the future of students at UCF, the city of Orlando and the broader aerospace community," said Lockheed…