All Entries Tagged With: "$VZ"
Where Will AT&T Get Its Spectrum?
After the markets closed on Monday, AT&T (NYSE: T) announced that it was officially ending its attempts to acquire mobile service provider T-Mobile from Deutsche Telekom. Per the terms of the deal, AT&T will take a $4 billion charge for failing to finalize the merger. Earlier in the year, the U.S. Department of Justice (DoJ) [...]
Is Sprint Making a Mistake With the iPhone Bet?
On Tuesday, as widely anticipated, Apple (NASDAQ: AAPL) announced the next iteration of its iPhone device—the iPhone 4S. Consumers as well as investors may have been slightly disappointed, as Apple’s stock sold off in the following minutes, before bouncing back later in the trading session. As Goldman Sachs (NYSE: GS) noted, the failure of Apple [...]
DoJ Acts In the Best Interest of Cellphone Users?
On Wednesday morning, the Department of Justice sued to block the merger between AT&T (NYSE: T) and T-Mobile. Now, it will take lengthy legal proceedings to bring the two major mobile providers together into one entity. The DoJ argued that the merger would significantly lessen competition in the sector. AT&T, Verizon Wireless (NYSE: VZ), Sprint [...]
Customers Like Verizon’s iPhone, Network
Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone plc (NASDAQ: VOD), has been selling the iPhone 4 by Apple Inc. (NASDAQ: AAPL) for almost two months now, and that’s enough time to conduct a survey to find out how well Verizon’s customers like the iPhone. And ChangeWave Research has done [...]
Comcast Gets FCC Approval for Stake in NBC-Universal
The US Federal Communications Commission (FCC) has finally given its approval for a media deal between Comcast Corp. (NASDAQ: CMCSA) and General Electric Co. (NYSE: GE) that establishes a joint venture, controlled by Comcast. For the privilege, Comcast is paying GE about $13.75 billion for a 51% stake in NBC-Universal. The US Department of Justice [...]
A Different View of Verizon’s Android Sales
As mentioned in this earlier post, demand for the Android operating system from Google Inc. (NASDAQ: GOOG) among customers of Verizon Wireless currently stands at about 80% of the carrier’s smartphone sales. Also in the earlier article, we noted the effect that Android sales have had on the BlackBerry smartphones from Research in Motion Ltd. [...]
Google’s Android Dominates at Verizon Wireless
Verizon Wireless, a joint venture between Verizon Communications, Inc. (NYSE: VZ) and Vodafone Group plc (NYSE: VOD), is the largest wireless carrier in the US with more than 93 million subscribers at last count. In October 2009, the BlackBerry smartphones from Research in Motion plc (NASDAQ: RIMM) had a 93% share of the Verizon Wireless’ [...]
Investors Ponder Telecom After Considering Cisco-Skype (CSCO, EBAY, GOOG, VZ, T, VG, CALL)
Cisco Systems Inc. (NASDAQ:CSCO) wants to buy Skype, or so says TechCrunch. When you consider that Cisco’s Telepresence is still in the emerging phase, suddenly there could be a very robust platform. Skype has filed for its IPO already after Ebay, Inc. (NASDAQ: EBAY) sold roughly 70% of Skype. Skype claims more than 500 million [...]
China Mobile Posts Profit, Changes CEO (CHL)
The world’s largest mobile network, China Mobile Ltd. (NYSE:CHL), posted a first half 2010 profit of $8.49 billion, up 4.2% from the first half of 2009. The company also replaced CEO Wang Jianzhou with Li Yue. Wang will continue as chairman and executive director, but he had passed the country’s virtually mandatory retirement age of [...]
The Fight is Just Beginning Over Internet Bandwidth
In April 2010, a federal court ruled that the Federal Communications Commission does not have the authority to regulate broadband Internet Service Providers. The ruling resulted from a lawsuit brought by Comcast Corp. (NYSE:CMCSA) challenging the FCC’s demand that Comcast reveal its network management methods and how the company would implement non-discriminatory service practices. The [...]
