If Sprint Nextel closes its deal with Japan-based Softbank, then more of the good old-fashioned American wireless telephone industry will be subject to foreign control -- three out of the top four wireless carriers in the U.S., in fact, will have their headquarters overseas. Is that a good thing or ...
T-Mobile announced that it will acquire rival carrier MetroPCS to create a larger company. The deal is expected to close in the first half of 2013, following shareholder and regulatory approvals. Until then, T-Mobile and MetroPCS will continue to operate as separate companies. When the deal is close...
Crown Castle International is acquiring rights to operate 7,200 of T-Mobile's cellular towers in a $2.4 billion deal that will give the carrier's owner, Deutsche Telekom, cash to expand its 4G LTE network in the U.S. The deal will allow Crown Castle to operate T-Mobile's towers for 28 years. Both co...
Labor Day has come and gone, and now it's time for the big end-of-year season to begin. Expect lots of new product announcements, starting with the new Apple iPhone next week. It's all about what's new and what's coming next in wireless, telecom, television and technology. So here's a look at where ...
A group of major retailers in the United States on Wednesday announced a new mobile commerce platform, Merchant Customer Exchange. Members include 7-Eleven, Best Buy, Lowe's, Sears Holdings, Target, Walmart, Shell Oil and Sunoco. The group will announce more members over time. MCX is still searching...
Deutsche Telekom is rumored to be pursuing a merger between T-Mobile and MetroPCS Communications. How the merger may be executed appears to be a moving target at the moment. It could take the form of a stock-swap, giving Deutsche Telekom control of the combined entity, or it could be an initial publ...
AT&T has decided not to challenge the Federal Communication Commission's objections to its proposed US$39 billion acquisition of T-Mobile. Given the energy, time and resources it clearly put into the effort, the company is likely still licking its wounds, but it will soon have to address the qu...
AT&T has put an end to its $39 billion quest to take over T-Mobile Monday, announcing that it will decline to challenge the FCC's claims that the deal would lead to fewer consumer choices, poor service and higher prices. The proposed deal with T-Mobile's parent company, Deutsche Telekom, announ...
AT&T plans to continue with its plan to acquire T-Mobile, Chief Financial Officer John Stephens told reporters, in spite of strong disapproval from regulatory organizations including the Department of Justice and the Federal Communications Commission. AT&T plans to use the $10 billion cash a...
The FCC has released a report attacking AT&T's proposal to buy T-Mobile as a damper on competition. The 157-page report was released on Wednesday, after the FCC accepted AT&T's move to withdraw its request for approval of the $39 billion deal. The report evaluates the impact the merger would...
AT&T threw in the towel on its planned $39 billion T-Mobile merger over the holiday weekend. On Thursday, it posted a blog entry saying the deal was off. The announcement came two days after Federal Communications Commission Chairman Julius Genachowski said he would oppose the deal. This is the ...
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