Sprint reported higher-than-expected second-quarter revenue on Wednesday.» Read More
NEW YORK— T-Mobile US Inc., the most eligible company in the U.S. wireless industry, has another suitor on its hands. Iliad is much smaller than T-Mobile US, and it doesn't have the financial might to buy the whole company. It's offering $15 billion in cash for 57 percent of T-Mobile US, at $33 per share.
Sprint is meeting with banks to work out funding for its bid for smaller rival T-Mobile US, a source familiar with the situation said.
BOSTON, March 13- Lookout, the mobile security software maker, named telecommunications industry veteran Jim Dolce as chief executive officer on Thursday, succeeding company co-founder John Hering.
NEW YORK, March 10- T-Mobile US expects to engage in some form of cellular industry consolidation, the CFO of the United States' fourth-largest carrier said on Monday, boosting investor expectations that a merger with Sprint Corp could be on the horizon.
BONN, Germany, March 6- Deutsche Telekom AG is to spend more money attracting customers to its T-Mobile business in the United States, suggesting it aims to go it alone in that market for now even though there is talk of a sale of the company.
BONN, Germany, March 6- Deutsche Telekom AG dashed hopes for a recovery in dividend payments by 2015 after scrapping its outlook for free cash flow to spend more money to win customers in the United States.
*Italy, Spain lead rally as investor bet on ECB stimulus. LONDON, March 6- Italian and Spanish shares led European bourses higher on Thursday as investors bet the European Central Bank would act to stimulate the region's economy and diplomatic efforts would moderate the Ukraine crisis.
PARIS, March 6- European shares rose early on Thursday, supported by diplomatic efforts to resolve the crisis in Ukraine and by speculation that the European Central Bank could unveil further action to support the euro zone's economic recovery. At 0808 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at 1,349.24 points.
NEW YORK, March 5- Masayoshi Son isn't used to taking no for an answer. It is no secret that Son, known to have threatened self-immolation to get his way in the past, wants to combine Sprint Corp, which Softbank acquired last year, with T-Mobile US Inc as part of his vision to create a global industry leader.
MADRID, Feb 27- Spain's Telefonica said on Thursday it was seeing signs of a rebound as it posted 2013 results, but analysts warned it remained vulnerable to Latin American jitters and still tough European markets. But weaker currencies in Brazil, Argentina and Venezuela dented revenues and operating income, while margins in Europe also came under pressure.
*Telekom Austria shares up 0.7 pct. VIENNA, Feb 25- Carlos Slim's America Movil and the Austrian government are moving towards a deal to pool their stakes in Telekom Austria, which would lead to a takeover offer and mark a further step in the Mexican tycoon's expansion in Europe.
The No.4 U.S. mobile provider said it raised its 2014 capital spending to between $4.3 billion and $4.6 billion, from $4.2 billion last year, to upgrade its network.
Feb 25- T-Mobile US Inc, the No.4 U.S. mobile services company, reported a bigger quarterly net loss, hurt by higher spending on promotions. The company's net loss widened to $20 million, or 3 cents per share, in the quarter ended Dec. 31 from $8 million, or 1 cent per share, a year earlier.
*Blackphone unveiled at Mobile World Congress. The latest contender is the Blackphone, which runs on a customised version of Google's Android software and encrypts texts, voice calls and video chats was launched in the Spanish Pavilion at the annual Mobile World Congress industry fair in Barcelona on Monday.
*Deutsche Telekom prepares to launch encryption app. The latest contender is the Blackphone, an Android software-based mobile which encrypts texts, voice calls and video chats and will be launched at the Mobile World Congress in Barcelona on Monday.
BARCELONA, Feb 23- Last year's revelations over the U.S. tapping of phone and internet data gave telecoms firms pause for thought over whether they should sell their "big data" for gain, but the commercial potential could prove irresistible.
BlackBerry CEO John Chen criticized T-Mobile, calling ill-conceived a promotion that encourages customers using BlackBerrys to upgrade to iPhones.
In a Twitter posting on Sunday, Legere said T-Mobile would continue to support BlackBerry smartphones and he assured BlackBerry users they do not have to give up their devices or "loyalty.
TORONTO, Feb 18- BlackBerry Ltd Chief Executive John Chen fired a salvo at T-Mobile US Inc on Tuesday, calling ill-conceived a promotion run by the company that encourages customers using BlackBerry smartphones to upgrade to iPhones.
NEW YORK, Feb 13- Talks between Comcast Corp and Charter Communications Inc over how they could together buy Time Warner Cable Inc quickly soured as the two bickered over price and the feasibility of engineering a split of the No. 2 U.S. cable operator.