Latest news on ‘Telecom’
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AT&T plays the jobs card on Obama
SAN FRANCISCO (MarketWatch) — Did AT&T Corp. really think that its 11th-hour offer to bring 5,000 wireless call-center jobs back to the U.S. if its $39 billion purchase of T-Mobile [...]
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Nokia’s Crash Draws Takeover Chatter
Microsoft is reportedly interested in a $19 billion Nokia takeover, according to blog Boy Genius Report, citing one source.
Nokia called the rumor “baseless,” a term reserved for official denials.
The chatter [...] -
Dish Network to acquire Blockbuster for $320 million
LA Times – Satellite television provider Dish Network has emerged as the upcoming owner of Blockbuster Inc. It has agreed to pay $320 million for virtually all the assets of [...]
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Deutsche Telekom Soars on Sale of U.S. Operations
WSJ – AMSTERDAM—Deutsche Telekom AG shares soared as much as 16% Monday after the company moved to resolve its most vexing strategic challenge with an agreement to sell T-Mobile USA [...]
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Telecom Union Backs T-Mobile Deal
DealB%k – Combining two companies with significant overlap usually leads to howls of protest by employees facing potential job cuts.
But in the case of AT&T’s $39 billion acquisition of T-Mobile, [...] -
Motorola Mobility, Motorola Solutions Rise After Split
WSJ – NEW YORK (Dow Jones) – Shares of Motorola Mobility Holdings Inc. (MMI) and Motorola Solutions Inc. (MSI) rose as Motorola officially split Tuesday into two entities.
The division of [...] -
AT&T Seeks Better Service In $2B Spectrum Deal With Qualcomm
Forbes – AT&T has agreed to buy spectrum licenses in the 700 MHz frequency band from Qualcomm for $1.925 billion. The licenses are a part of Qualcomm’s FLO TV business, [...]
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AT&T increases dividend to 43 cents
DALLAS (AP) – AT&T Inc. said Friday it will pay a quarterly dividend of 43 cents per share, up from 42 cents in previous quarters. The company’s board also authorized [...]
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Sprint customer numbers improve but fail to impress
Reuters – Sprint Nextel’s (S.N) failure to turn around its wireless subscriber business in a period when investors bet heavily on growth sent its shares down about 9 percent.
The No. [...] -
Cisco to sell home TelePresence through Verizon
Reuters – Cisco Systems Inc (CSCO.O) launched a $599 home version of its TelePresence videoconference system and will begin selling it through Verizon Communications Inc (VZ.N).
Called “umi,” the device will [...]
