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  • NEW YORK, May 8- Verizon Communications Inc does not see an urgent need to undertake a big strategic merger or acquisition, its chief executive said on Monday, as some Wall Street analysts have urged the wireless company to do. Some analysts believe Verizon needs a more transformative acquisition than its $4.48 billion deal for Yahoo Inc's core business to...

  • The attacks came soon after Oliver on Sunday urged viewers to file electronic comments with the FCC opposing the plan unveiled by FCC Chairman Ajit Pai to reverse rules implemented under President Barack Obama that boosted government regulatory powers over internet service providers. Oliver in his HBO show "Last Week Tonight" owned by Time Warner Inc urged...

  • Verizon appears to want to buy Straight Path

    Straight Path's spectrum has an unnamed company, said to be Verizon, in a bidding war with AT&T, CNBC's David Faber reports.

  • The move could affect wireless carriers including AT&T Inc and Verizon Communications Inc, which could be hurt by additional subscriber losses, said New Street Research analyst Jonathan Chaplin. The agreement could help pave the way for a merger between Charter and Comcast in the future, New Street Research's Chaplin said. Charter's shares were down 2...

  • JOHANNESBURG, May 8- South Africa's MTN Group has agreed to invest more than $295 million in Iranian Net, a fixed line broadband network in which it is to buy an initial 49 percent stake. The latest agreement, which is still at a non-binding stage, is the second for MTN in Iran this year after Africa's biggest wireless networks group invested in Iran Internet Group,...

  • The Comcast Center in Philadelphia.

    Comcast Corp. and Charter Communications have reached an operational agreement on working together on wireless communications plans.

  • Emmanuel Macron, head of the political movement En Marche !, or Onwards !, and candidate for the 2017 French presidential election, gestures after the first round of 2017 French presidential election in Paris, France, April 23, 2017.

    European markets closed higher on Friday afternoon after a jobs report in the U.S. beat analysts' expectations.

  • A customer inspects the new iPhone at the Wangfujing flagship store on September 20, 2013 in Beijing, China.

    Abhishek Gupta shares his views on how the year-long effort by Circles.Life to offer cheaper mobile data in Singapore provides some lessons on disruption.

  • Mark Hurd, CEO of Oracle.

    AT&T will move thousands of large databases to Oracle's cloud, Mark Hurd told CNBC.

  • Abhishek Gupta, co-founder of Circles.Life, says the company is eyeing 4-5 percent of market share in Singapore's telco industry.

  • Investors had high hopes for specific details on merger discussions on the company's post-earnings conference call from Sprint Chairman Masayoshi Son, who is chief executive of Japan's SoftBank Group Corp, Sprint's controlling shareholder. Shares slid 14 percent to close at $7.70, marking Sprint's largest one-day percentage decline since November 2014.

  • Some of the largest telecom companies in the world really want their hands on Straight Path Communications.

  • Sprint is using a 'Magic Box' to boost coverage

    The telecom company said Wednesday it was going to increase wireless coverage by giving Sprint customers a 'Magic Box.'

  • Investors had high hopes for specific details on merger discussions on the company's post-earnings conference call from Sprint Chairman Masayoshi Son, who is chief executive of Japan's SoftBank Group Corp, Sprint's controlling shareholder. Wells Fargo analyst Jennifer Fritzche said in a research note that in addition to the tone of the conference call,...

  • Investors had high hopes for specific details on merger discussions on the company's post-earnings conference call from Sprint Chairman Masayoshi Son, who is chief executive of Japan's SoftBank Group Corp, Sprint's controlling shareholder. The U.S. Federal Communications Commission barred merger talks among telecommunications companies for over a...

  • Marcelo Claure, CEO, Sprint

    Sprint CEO Marcelo Claure discusses the wireless carrier's quarterly earnings, M&A in the telecom space and where the company is looking to grow.

  • The net loss for the company, majority owned by Japan's SoftBank Corp, slimmed to $283 million, or 7 cents per share, in the fourth quarter ended March 31, from $554 million, or 14 cents per share, a year earlier. Analysts, on average, expected a net loss of 4 cents per share on revenue of $7.93 billion, according to Thomson Reuters I/B/E/S. Sprint said it cut costs by $2.1...

  • Pedestrians pass in front of a Sprint store in New York

    Sprint said it narrowed its loss as the No. 4 U.S. wireless carrier cut costs as part of its turnaround plan.

  • The company, majority owned by Japan's SoftBank Corp, said its net loss narrowed to $283 million, or 7 cents per share in the fourth quarter ended March 31, from $554 million, or 14 cents per share, a year earlier. The U.S. Federal Communications Commission barred merger talks among telecommunications companies for over a year as it conducted a $19.8 billion auction...

  • May 3- Sprint Corp reported a smaller quarterly loss on Wednesday, as the No. 4 U.S. wireless carrier added more postpaid phone subscribers. The company, majority owned by Japan's SoftBank Corp, said net loss narrowed to $283 million, or 7 cents per share in the fourth quarter ended March 31, from $554 million, or 14 cents per share, a year earlier. Net operating revenue...

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