Broadband

• Telenor stock remains steady following quarterly reports that highlight resilient demand for mobile and broadband services across its core segments. • The company's financial stability is currently driven by consistent cash flows from its Nordic markets, including Norway, Sweden, Denmark, and Finland. • This performance is critical for investors as it supports dividend reliability, payout ratios, and the potential for future share buybacks.

• A federal judge ruled that racial and ethnic set-asides within the Digital Equity Act, part of President Biden’s 2021 budget-climate law, are unconstitutional. • The program aimed to distribute billions of dollars to expand broadband access in underserved areas, similar to historic rural electrification projects. • The court found that providing special treatment based on race or ethnicity violated the Constitution, challenging the legal framework of the grant program.

• Taiwan networking equipment makers reported record-high monthly revenues for June 2026, with several companies also achieving new quarterly and first-half records. • The growth was primarily driven by increased demand for AI data center expansions, high-speed switches, and broadband network upgrades. • These results highlight the critical role of Taiwanese manufacturers in supporting the global infrastructure needed for AI and Low Earth Orbit (LEO) satellite connectivity.