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Tag Archives: sprint

Justice Department OKs T-Mobile’s $26.5B Sprint deal

A  woman using a cell phone walks past T-Mobile and Sprint stores in New York. (AP Photo/Mark Lennihan, File)

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 ...

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Sprint to cut 2,000 jobs

(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 ...

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Verizon sees few changes to U.S. wireless business

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 ...

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Verizon buying Vodafone’s wireless stake for $130B

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, ...

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Dish Network abandons Sprint acquisition efforts

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 ...

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Dish won’t submit revised bid for Sprint

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. ...

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Big 4 cellphone carriers unite on anti-texting ads

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 ...

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