Orascom Telecom, an Egyptian company that is majority-owned by Vimpelcom, said on Wednesday it has dropped its application to the Canadian government for permission to take control of Wind. Orascom had initially bankrolled Wind Mobile's operations in Canada before being bought by Vimpelcom.
NEW YORK, June 18- Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.
U.S. tech companies are asking for permission to provide some details on how many requests they get from law enforcement, reports CNBC's Eamon Javers. Stephen Ryan, McDermott Will & Emery, and Rainey Reitman, Electronic Frontier Foundation, discuss whether companies who help the NSA fight cyberattacks should get legal immunity.
ATLANTA-- Internet service provider EarthLink is buying cloud computing and hosted IT services provider CenterBeam Inc. for $22 million. EarthLink was one of the best-known Internet service providers, but has struggled with intense competition from higher-speed providers like cable companies.
Netflix said a multi-year agreement with Dreamworks is its biggest deal ever for original first-run content and includes more than 300 hours of new programming.
TORONTO, June 14- National security concerns have delayed the Canadian government's approval of two deals that would solidify Vimpelcom Ltd's ownership of wireless carrier Wind Mobile, a Canadian newspaper reported on Friday, citing unnamed sources.
WASHINGTON, June 14- President Barack Obama is directing federal agencies to look for ways to eventually share more of their radio airwaves with the private sector as the growing use of smartphones and tablets ratchets up the demand for spectrum, according to a memo released on Friday.
NEW YORK, June 12- Clearwire Corp's board urged shareholders on Wednesday to accept a tender offer from Dish Network Corp over an earlier deal with majority owner Sprint Nextel Corp to buy out the minority shareholders of the wireless service provider.
In an extensive interview with CNBC's Michelle Caruso-Cabrera, billionaire Carlos Sims explains why he is not concerned about new regulations which could force the tycoon to overhaul his telecom business. Slim also comments on his contributions to philanthropy in an effort give back to Mexican society.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."