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  • July 27- Baidu Inc's quarterly profit missed analysts' estimates as China's biggest Internet search company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more competitive. Baidu's shares fell more than 8 percent in extended trading on Monday after the company's current-quarter revenue...

  • WASHINGTON, July 24- The No. 2 U.S. wireless carrier AT&T Inc and the biggest satellite-TV provider DirecTV became the country's largest pay-TV company on Friday, completing their $48.5 billion merger after receiving final regulatory approval. The requirements from the FCC, which ensures that deals are in the public interest, include protections for rival...

  • AT&T and the FCC, which determines if telecom mergers are in the public interest, have spent recent weeks negotiating conditions, including requirements that AT&T expand its broadband service and ensure that it does not discriminate against rival content. Video companies Netflix Inc and Dish Network Corp, traffic company Cogent Communications Holdings...

  • FCC approves AT&T, DirecTV deal with conditions Friday, 24 Jul 2015 | 2:30 PM ET
    AT&T and DirecTV

    The deal will combine the nation's second-largest wireless carrier with its biggest satellite television provider.

  • U.S. FCC gives AT&T final clearance to buy DirecTV Friday, 24 Jul 2015 | 2:30 PM ET

    WASHINGTON, July 24- AT&T received the final blessing from the U.S. Federal Communications Commission on Friday to buy DirecTV for $48.5 billion, combining the country's No. 2 wireless carrier with the largest satellite-TV provider. After more than a year of review, the FCC finalized its vote to approve the merger with conditions. "The Commission's decision is...

  • All in the family of overachievers: Maggie Wilderotter

    Maggie Wilderotter, Frontier Communications, shares her childhood memories and the messages she received from her family to "just go for it."

  • Cutting the cord... a look at cable TV's future: Expert

    Maggie Wilderotter, Frontier Communications, shares his thoughts on AT&T's deal to buy DirecTV. Also Wilderotter provides perspective on the future of television. Customers don't want to buy 500 channels anymore and only watch 12, says Wilderotter, weighing in on the unbundling of cable TV.

  • Quarterly sales growth accelerates at Vodafone Friday, 24 Jul 2015 | 2:15 AM ET

    LONDON, July 24- Vodafone reported an acceleration in its main quarterly sales growth on Friday as a cable TV acquisition in its biggest market Germany lifted sales and consolidated the overall return to growth for the British firm. The world's second-largest mobile operator said first-quarter organic service revenue grew 0.8 percent, ahead of the 0.1...

  • WASHINGTON, July 23- AT&T Inc's proposed $48.5 billion purchase of DirecTV has cleared its final regulatory hurdle as the U.S. Federal Communications Commission voted on Thursday to approve the merger, according to people familiar with the votes. At least three of the five FCC commissioners have voted in favor of the deal with conditions, according to the...

  • July 23- AT&T Inc reported a better-than-expected quarterly profit as it managed costs and added wireless customers, sending its shares up 2.1 percent in extended trading on Thursday. As the U.S. wireless market reaches saturation, AT&T and its bigger rival Verizon Communications have been fighting off smaller rivals such as T-Mobile US Inc, which has...

  • July 23- AT&T Inc reported a better-than-expected quarterly profit as the second-largest U.S. wireless carrier added postpaid customers. The company's average revenue per user was $61.26 per postpaid phone, while analysts polled by market research firm FactSet StreetAccount had estimated $57.07. The company, which in May last year offered to buy DirecTV...

  • UPDATE 1-AT&T profit beats Street on customer additions Thursday, 23 Jul 2015 | 4:40 PM ET

    The company, which in May last year offered to buy DirecTV for $48.5 billion to create the largest U.S. pay TV company, is close to wrapping up its deal as U.S. telecom and antitrust regulators signaled a green light for the merger. Last month, the company had extended the "termination date" of the merger agreement with DirecTV for "a short period of time," the second time...

  • AT&T's revenue rises as it adds postpaid customers Thursday, 23 Jul 2015 | 4:10 PM ET

    July 23- AT&T Inc reported a 1.4 percent rise in quarterly revenue as it added postpaid customers. The second-largest U.S. wireless carrier said net income attributable to the company fell to $3.04 billion, or 58 cents per share, in the second quarter ended June 30, from $3.55 billion, or 68 cents per share, a year earlier. The company's revenue rose to $33.02 billion...

  • WASHINGTON, July 21- AT&T Inc is close to wrapping up its deal to buy DirecTV as U.S. telecom and antitrust regulators signaled a green light for the $48.5 billion merger that would create the country's largest pay-TV company. AT&T and the FCC have spent recent weeks negotiating the conditions of the deal that combines the No. 2 wireless carrier with the largest...

  • DOJ approves massive AT&T, DirecTV merger Tuesday, 21 Jul 2015 | 6:58 PM ET
    Federal Communications Commission Chairman Tom Wheeler.

    The Justice Department approved AT&T's bid to buy DirecTV, a game changer for the industry.

  • Justice Department gives nod to AT&T-DirecTV merger Tuesday, 21 Jul 2015 | 6:34 PM ET

    WASHINGTON, July 21- AT&T Inc has won U.S. antitrust approval to buy DirecTV for $48.5 billion, an acquisition that will combine the country's No. 2 wireless carrier with the largest satellite-TV provider, the Justice Department said on Tuesday.

  • WASHINGTON, July 21- U.S. Federal Communications Commission Chairman Tom Wheeler on Tuesday circulated an order to approve, with conditions, AT&T Inc's bid to buy DirecTV for $48.5 billion, according to three people familiar with the matter. The FCC reviews proposed mergers to ensure that they are in the public interest while the Justice Department ensures...

  • WASHINGTON, July 21- U.S. Federal Communications Commission Chairman Tom Wheeler on Tuesday circulated an order to approve AT&T Inc's bid to buy DirecTV for $48.5 billion, according to people familiar with the matter. The merger, which has been under the FCC's review for months, would combine the country's No. 2 wireless carrier with the largest satellite-TV...

  • Verizon earnings beat on rise in subscribers Tuesday, 21 Jul 2015 | 10:24 AM ET
    Customers enter a Verizon Wireless store in New York.

    Verizon delivered quarterly earnings that beat analysts' expectations on Tuesday, boosted by an increase in wireless subscribers.

  • July 21- Verizon Communications Inc reported a better-than-expected rise in quarterly profit as more users signed up for its postpaid wireless services and subscriber defections fell to a three-year low. Revenue from Verizon's FiOS high-speed Internet, TV and phone service rose 10 percent to $3.4 billion, while tablet sign-ups totaled 852,000 in the...

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