BUZZ-US telecom stocks deliver uneven 2025 returns as deals dominate

T-Mobile US, Inc. -1.40%
Comcast Corporation Class A -0.43%
AT&T Inc +0.07%
Verizon Communications Inc. +0.02%
Lumen -1.13%

T-Mobile US, Inc.

TMUS

201.40

-1.40%

Comcast Corporation Class A

CMCSA

27.93

-0.43%

AT&T Inc

T

28.33

+0.07%

Verizon Communications Inc.

VZ

49.40

+0.02%

Lumen

LUMN

6.99

-1.13%

** The U.S. telecom sector witnessed infrastructure buyouts, intense wireless competition and shifts in broadband subscriber gains in 2025

** AT&T T.N up 8.96% this year; co announced a $5.75 bln acquisition of Lumen Technologies' LUMN.N consumer fiber business in May and agreed to buy EchoStar's SATS.O wireless spectrum licenses for $23 bln in August

** Charter Communications CHTR.O down 38.85% YTD; co announced a $21.9 bln merger with Cox Communications in May, creating a cable giant to rival Comcast CMCSA.O

** T-Mobile TMUS.O down 7.67% this year; co took Starlink's direct-to-cell service live in July, closed a $1.02 bln acquisition of UScellular in August and appointed Srini Gopalan as CEO in November

** Verizon VZ.N up 1.78% YTD; co finalized a $20 bln purchase of Frontier Communications FYBR.O in May and announced more than 13,000 job cuts in November as part of new CEO Dan Schulman's first major move

** The benchmark S&P 500 gained 17.3% this year


(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))