U.S. inflation data suggests price pressures have peaked, giving financial markets hope that the Federal Reserve's interest-rate hikes will soon pause.
The telecom giant, which has recently been the poster child for debt-fueled acquisitions, is making a big push to cut debt in $43 billion deleveraging push.
The company's largest-ever bond sale comes amid record earnings in the last quarter, a strong current-period sales forecast, and cash reserves near an all-time high.