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MetroPCS shareholders approve T-Mobile offer
NEW YORK — MetroPCS Communications Inc., the country’s fifth-largest cellphone carrier, said its shareholders have overwhelmingly approved the company’s takeover by No. 4 T-Mobile USA. Wednesday’s approval was expected after T-Mobile sweetened its bid and major shareholders withdrew their objections. T-Mobile’s initial offer was approved by MetroPCS’ board, but shar[...]
Nokia shows off new Windows smartphones
NEW YORK — It’s shaping up to be a cold fall for smartphone makers other than Apple, as the trendsetter of the phone industry gears up to release the next iPhone. Nokia and Motorola, which a few years ago were the No. 1 and No. 2 phone makers, revealed new phones at back-to-back press events […]
T-Mobile USA to buy, swap spectrum with Verizon
NEW YORK — Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier. The deal with T-Mobile […]
Phone subscribers hang up on contracts
NEW ORLEANS — U.S. consumers have had their fill of expensive, contract-based phone plans. Figures from T-Mobile USA on Thursday, added to earlier reports from other companies, indicate that the U.S. wireless industry lost subscribers from contract-based plans for the first time in the first quarter. Contract-based plans are the most lucrative ones for phone […]
T-Mobile asks FCC to block Verizon-cable deal
NEW YORK — T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is urging the federal government to block another deal in the wireless world: Verizon’s planned purchase of spectrum from cable companies for $3.9 billion. In a filing late Tuesday, T-Mobile USA said the Federal Communications Commission should stop the deal […]
Government sues to block AT&T, T-Mobile merger
WASHINGTON — The Justice Department filed suit Wednesday to block AT&T’s $39 billion deal to buy T-Mobile USA on grounds that it would raise prices for consumers. The government contends that the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition, which would lead to price increases. […]
AT&T, T-Mobile pledge to bring 5,000 jobs to U.S.
WASHINGTON — AT&T Inc. is pledging to bring 5,000 wireless call center jobs, currently based abroad, back to the U.S. if it is allowed to proceed with its proposed $39 billion acquisition of T-Mobile USA. The company is also promising that the merger would not result in any job losses for AT&T and T-Mobile USA […]
