SAO PAULO, June 29- Oi SA's two biggest shareholders approved a plan to raise 8 billion reais by selling new shares as a way for the Brazilian wireless carrier to accelerate its exit from bankruptcy, newspaper Valor Econômico reported on Thursday. Oi Chief Executive Officer Marco Schroeder told Reuters on June 9 that the company was working on a proposal to...
Global audit giant PwC is being investigated by U.K. regulators over a scandal involving broadcaster BT's Italian division.
Apple's iPhone turns 10 this week, evoking memories of a rocky start for the device that ended up doing most to start the smartphone revolution and stirring interest in where it will go from here.
Here's what the first iPhone tells us about tech's future.
"They've been executing well on that business though there's still a long way to go," said Edward Jones analyst Dave Heger. Calgary- based Shaw is locked in a fierce battle for internet, television and telephone customers in the west of the country with Vancouver- based rival Telus Corp.. The cable subscriber numbers were "surprisingly strong," likely helped by the...
CNBC's Ylan Mui reports on Samsung's plan to open a new factory in South Carolina ahead of South Korea's new president first visit to the White House.
Hong Kong-based PCCW has invested in emerging technology services, including an OTT streaming platform Viu.
B. G. Srinivas, group MD at PCCW Group tells CNBC the company is looking to expand its business in Southeast Asia and China.
CNBC Contributor Mike Khouw discusses which cable stocks to buy in the options pit.
Tom Lee, Fundstrat Global Advisors, discusses which energy stocks to buy despite the sector's losing streak. The “Fast Money” traders weigh in.
CNBC's David Faber reports on Sprint's possible deals with T-Mobile as well as Charter Communications and Comcast.
Craig Moffett, founder and senior analyst at MoffettNathanson, talks about Sprint's possible mergers with T-Mobile and Charter Communications as Sprint shares spike.
According to Kensho, here's what happens to stocks after the Euro gains 3.5% or more on the dollar over three months.
Sprint shares were up nearly 6 percent to $8.46 in late Tuesday morning New York Stock Exchange trading. There has been widespread speculation that the end of the U.S. Federal Communication Commission's latest spectrum auction would trigger a wave of consolidation in the telecommunications and cable sectors. New Street Research analyst Jonathan Chaplin...
Charter, Comcast, and Sprint are in talks for a wireless agreement according to sources. CNBC's David Faber reports the details.
"Many think that Sprint really had its back against the wall" with T-Mobile, Wells Fargo analyst Jennifer Fritzsche says.
MONTPELIER, Vt.— Customers of the telephone and broadband services provider FairPoint Communications in northern New England won't notice much difference after it merges with an Illinois- based telecommunications provider, officials with the company merging with FairPoint said. But Consolidated Communications will continue efforts begun by FairPoint...
Sprint is in exclusive talks with Charter Communications and Comcast on a potential wireless services deal, CNBC has confirmed.
MEXICO CITY, June 26- President Enrique Pena Nieto and industry executives praised a three-year-old overhaul of Mexico's telecommunications sector on Monday as it faces a major challenge from billionaire Carlos Slim in the Supreme Court. It would have condemned Mexico to falling behind, " Pena Nieto told hundreds of government officials and industry...
Rosneft said the arrest of the shares, which halts their use but does not seize them, equaled the value of Rosneft claims against Sistema.
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