Verizon Wireless confirmed Thursday that it will buy Alltel Wireless in a deal worth $28.1 billion, one that will help it reach new markets and push it ahead of AT&T as the largest wireless carrier in the U.S. The move comes just a year after a group of private equity players took Alltel private...
Sprint will merge its broadband wireless operations with WiMax firm Clearwire in a multifaceted deal that will create a US$14.5 billion venture to expand high-speed wireless connectivity across the U.S. The joint venture will seek to bring WiMax-based high-speed Internet access to 140 million people...
Germany-based Deutsche Telekom could take over the top spot in the U.S. wireless telephone market if reports of its potential bid for Sprint Nextel prove true. The company may place an offer on slumping Sprint within the next few days. Deutsche Telekom's T-Mobile USA is currently the No. 4 wireless ...
T-Mobile USA plans to acquire cellular company SunCom Wireless Holdings for $1.6 billion in cash and assume SunCom's net debt of $800 million, the companies announced Monday. The acquisition will extend T-Mobile's network coverage in the southeastern United States and the Caribbean through the addit...
Internet and networking gear maker Cisco Systems posted sharply higher profit for its third quarter, but investors disappointed by the company's outlook sent its stock sharply lower Wednesday. Cisco earned $1.9 billion, or 30 cents a share, up 34 percent when compared to the $1.4 billion the San Jos...
Giving Internet-based television another boost, former Walt Disney CEO Michael Eisner and media giant Time Warner have both invested in a startup that aims to build a delivery platform for IPTV. Eisner will also take a seat on the board of directors of Veoh Networks, which has raised US$12.5 million...
Microsoft has scored a contract to provide Internet Protocol television services (IPTV) to one of the largest phone companies in Europe, possibly providing it a key proving ground for its technology as Web TV grows in popularity. Redmond, Wash.-based Microsoft and Deutsche Telekom announced they had...
Internet TV -- long hyped by Microsoft and other major computer industry players -- has a new advocate. A non-profit corporation is developing a free, open source, Internet TV (IPTV) platform with funding from technology industry luminaries Mitch Kapor and Andy Rappaport. The organization, Worcester...
Entertainment and media giant Time Warner is reportedly in talks with Sprint on a deal that would allow it to add cell phone service to the growing menu of offerings it dangles before its cable customers. The potential deal would be significant because it would make Time Warner the first cable compa...
America Online, Inc. (NYSE: AOL) and Japan's NTT DoCoMo announced plans Wednesday to provide wireless Internet services in Japan and other countries as well
Accessibility of service
Convenience in any situation
Cost-effectiveness
Eco-friendliness
No need for parking
Safe ride when having too much fun
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