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Technology Telecom

  • Not too surprised, takeover battle

    Francesco Filia, CEO at Fasanara Capital, reacts to news that Vivendi's Chairman Vincent Bollore is being investigated for his stake building in Mediaset.

  • BUENOS AIRES, Feb 21- Mobile phone company Nextel has been authorized to provide 4 G service in Argentina, becoming the fourth provider in the market, communications regulator Enacom said on Tuesday. In January 2016 Cablevision, a subsidiary of media firm Grupo Clarin, bought Nextel Communications Argentina, the No. 4 mobile phone operator in the country with 3...

  • Feb 21- Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. The closing of the deal, which was first announced in July, had been delayed as the companies assessed the fallout from two data breaches that Yahoo...

  • Lowell McAdam, CEO of Verizon Communications

    Verizon announced a revised takeover deal with Yahoo that will cut the price by $350 million.

  • Feb 21- Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. Time Warner is the parent of cable channels HBO and CNN, as well as film studio Warner Bros. The combined Yahoo and AOL businesses will help...

  • Feb 21- Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. Verizon's shares rose 0.6 percent to $49.50 in early trading, while Yahoo's shares were up 0.3 percent at $45.25. Yahoo, however, will continue to be...

  • Feb 21- Verizon Communications Inc, the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, about $350 million less than the original price. The deal will combine Yahoo's search, email and messenger assets as well as advertising technology tools with Verizon's AOL unit. Yahoo will continue to be...

  • Feb 21- Verizon Communications Inc, the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, reflecting a $350 million cut to the original price. The deal, which is expected to close in the second quarter, will combine Yahoo's search, email and messenger assets as well as advertising technology tools...

  • Trump administration not so adverse to a big player in the T Mobile market

    CNBC's Annette Weisbach discusses a report that SoftBank may give up its Spring business to Deutsche Telekom's T Mobile U.S.

  • Mike Fries, CEO of Liberty Global at the World Economic Forum in Davos, Switzerland.

    Shares of Liberty Global climbed more than 15 percent on Thursday after the company released its fourth quarter fiscal report on Wednesday.

  • NEW YORK, Feb 17- Japan's SoftBank Corp Group may have renewed interest in combining its Sprint Corp with Deutsche Telekom AG's T-Mobile US Inc, but a deal between the No. 3 and No. 4 U.S. wireless carriers may not make it past U.S. regulators, antitrust experts and industry watchers said. The companies are expected to begin negotiations in April after the Federal...

  • Masayoshi Son, CEO of SoftBank.

    SoftBank is now willing to surrender control of Sprint and retain a minority stake in a merger with T-Mobile, sources told Reuters.

  • NAIROBI, Feb 17- Kenya's biggest telecoms operator, Safaricom, voiced "strong reservations" on Friday over the regulator's plan to monitor mobile phones on networks to detect counterfeits. The Communications Authority of Kenya wants to install equipment in the networks of the country's three mobile operators, to improve its monitoring of counterfeit...

  • NEW YORK, Feb 16- AT&T Inc said on Thursday it would make its unlimited data plan available to all wireless customers who pay a monthly bill, days after rival Verizon Communications Inc announced an unlimited option. Previously, AT&T's plan, which includes unlimited data, talk and text for $100 a month for a single line, only applied to its DirecTV and U-Verse...

  • WELLINGTON, Feb 16- Telecommunications company Spark New Zealand Ltd reported a 12.6 percent rise in half-year net profit on Thursday, weathering increased competition in the mobile market. "It is clear the intense ongoing price competition, particularly at the lower end of the market, is driving margin pressure and reinforcing the need for us to increase our...

  • WELLINGTON, Feb 16- Telecommunications company Spark New Zealand Ltd reported a 12.6 percent rise in half-year net profit on Thursday, weathering increased competition in the mobile market. "It is clear the intense ongoing price competition, particularly at the lower end of the market, is driving margin pressure and reinforcing the need for us to increase our...

  • Yahoo! President and CEO Marissa Mayer.

    Verizon is close to announcing a revised takeover deal with Yahoo that will cut the price slightly, sources said.

  • Seattle growth built on one lynchpin, price of Amazon's stock

    Cole Smead, managing director and portfolio manager at Smead Capital Management, discusses his investment strategy and favored business sectors.

  • CNBC PRO: John Legere

    John Legere shares his views on the wireless industry in an interview Tuesday on CNBC's "Squawk on the Street."

  • T-Mobile CEO John Legere on deal chatter: 'Nobody's talking'

    T-Mobile CEO John Legere speaks to CNBC's Jim Cramer about deal-making in the telecom sector.

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