WASHINGTON — U.S. regulators are approving T-Mobile’s $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts. Friday’s approval by the Justice Department and five state attorneys general comes after Sprint and T-Mobile agreed to conditions ...
Read More »(Bloomberg) Sprint Corp. lost more customers than analysts projected as new Chief Executive Officer Marcelo Claure began to counter rivals’ escalating price cuts. As the company continues to lose money and subscribers, Sprint said it will cut about 2,000 more ...
Read More »Comcast Corp., the largest U.S. cable company, won $7.5 million in damages from wireless carrier Sprint Corp. for infringing telecommunications patents after a four-day federal jury trial. Comcast had asked for $16.5 million.
Tagged with: comcast maryland sprint
Read More »
President Barack Obama on Tuesday announced $750 million in commitments from U.S. companies to begin wiring more classrooms with high-speed Internet.
Tagged with: Apple at&t Education microsoft sprint Technology
Read More »Verizon’s $130 billion deal with Vodafone is huge for both companies, although Verizon customers in the U.S. are unlikely to see any big changes to their bills or their service. Verizon is buying the 45 percent of its wireless business ...
Tagged with: Business business news mergers and acquisitions revenue sprint Stocks t-mobile Technology verizon Verizon Wireless
Read More »NEW YORK — Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone carrier Vodafone. The buyout, the second-largest acquisition deal on record, ...
Tagged with: Business business news dividend mergers and acquisitions smartphone sprint Stocks t-mobile Technology verizon Verizon Wireless
Read More »Satellite TV operator Dish Network Corp. is officially abandoning its efforts to acquire Sprint Nextel Corp. The Englewood, Colo., company filed regulatory documents Friday formalizing the retreat it announced earlier this week. The move leaves Sprint free to accept what ...
Tagged with: acquisition Business dish network Economy merger securities and exchange commission sprint
Read More »ENGLEWOOD, Colo. — Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan’s Softbank. ...
Tagged with: Business business news dish network federal communications commission mergers and acquisitions sprint Technology telecommunications
Read More »NEW YORK — The country’s four biggest cellphone companies are set to launch their first joint advertising campaign against texting while driving, uniting behind AT&T’s “It Can Wait” slogan to blanket TV and radio this summer. AT&T, Verizon Wireless, Sprint ...
Tagged with: at&t Business cellphone Marketing sprint t-mobile Technology texting Transportation Verizon Wireless
Read More »NEW YORK — Dish Network’s combative chairman, Charlie Ergen, on Tuesday defended his $25.5 billion bid for Sprint Nextel, saying the debt load the deal would create for the combined company will be manageable. “We will take on more leverage ...
Tagged with: Business deal dish network merger News shareholders sprint television
Read More »
Maryland Daily Record Maryland's trusted source for business and legal news
