Some of the names on the move ahead of the open.» Read More
Some analysts fear that Sprint's decision to give up on merging with T-Mobile US could lead to a wider price war as the top carriers slug it out.
WASHINGTON, Aug 6- Sprint Corp's newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when it was sold to Japan's SoftBank.
Thanks to Rupert Murdoch's recent overture, Time Warner shares have traded more on drama than fundamentals. That may be about to change.
FRANKFURT, Aug 6- Deutsche Telekom must decide whether to stay in or leave the United States now that its preferred strategy of selling T-Mobile US to its bigger rival Sprint Corp has crashed into a regulatory wall.
Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters. Sprint's shares plunged 19 percent to $5.90, while T-Mobile fell 10 percent to $30.38 on Wednesday.
*Sprint to name Brightstar's Marcelo Claure as CEO- source. Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters.
Sprint is abandoning its pursuit of T-Mobile as the regulatory challenges of the deal are too steep.
SAN FRANCISCO, Aug 5- Public concerns about the U.S. government's secretive surveillance programs exposed by Edward Snowden have spawned a slew of encryption products and privacy services that aim to make electronic spying more difficult.
The FCC currently defines broadband, or high-speed Internet, as 4 Mbps download speed and 1 Mbps upload speed. "As more people adopt faster broadband speeds, we are asking if all consumers, even in the most rural regions, should have greater access to better broadband," FCC Chairman Tom Wheeler said in a statement.
In a "notice of inquiry" released on Tuesday, the FCC suggested that download speeds might need to be 10 Mbps to qualify as broadband and asked whether the minimum upload speed rate should also be higher.
AlphaOne's Dan Niles says the next big "disruptor" stock is RingCentral, a cloud-based phone system, with 1% penetration in a potential market of $75B.
With earnings from Time Warner and Twenty-First Century Fox this week, investors will be listening for what the reports mean for a potential deal.
Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.
WASHINGTON, July 31- French telecommunications company Iliad's surprise bid for U.S. wireless carrier T-Mobile US Inc would face a far easier U.S. review process than the offer long expected from Sprint Corp, experts said.
NEW YORK, July 31- Microsoft Corp must turn over a customer's emails stored in a data center in Ireland to the U.S. government, a U.S. judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies.
*Iliad bids $15 billion in cash for 56.6 pct at $33 per share. PARIS/ NEW YORK, July 31- French telecoms company Iliad SA has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with rival suitor Sprint Corp, the U.S. mobile carrier now controlled by Japan's Softbank.
NEW YORK, July 31- Microsoft Corp must turn over a customer's emails and other account information stored in a data center in Ireland to the U.S. government, a judge ruled on Thursday, in a case that has drawn concern from privacy groups and major technology companies.
July 31- T-Mobile US Inc on Thursday posted its first net profit in a year, raised its forecasts for subscriber growth and reported the most postpaid phone subscriber additions in the industry. The company reported net income of $391 million, or 49 cents per share, compared with a year-earlier loss of $16 million, or 2 cents per share.
July 31- T-Mobile US Inc added 1.5 million net customers in the second quarter, the fifth consecutive quarter the company has topped 1 million subscriber additions, as it continues an aggressive discount campaign that has shaken up prices in the industry.
July 31- T-Mobile US Inc added 1.5 million net customers in the second quarter, up from 1.1 million a year earlier, as the company continued an aggressive discount campaign that has shaken up prices in the wireless industry.