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New York drops fight against T-Mobile-Sprint merger

NEW YORK (Reuters) – New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N), saying the state would not appeal a judge’s approval of the deal. New York Attorney General Letit... More »

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T-Mobile CEO takes the stand in T-Mobile/Sprint merger trial

(Reuters) – T-Mobile US Inc Chief Executive John Legere testified on Friday that he believes U.S. regulators considered Dish Network’s history of attempting to build a wireless network when they approved the merger between T-Mobile and Sprint Corp. A group of ... More »

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U.S. Department of Justice approves T-Mobile, Sprint tie-up

WASHINGTON (Reuters) – The U.S. Justice Department said it was greenlighting T-Mobile US Inc’s request to acquire rival Sprint Corp after the companies agreed to divest Sprint’s prepaid businesses including Boost Mobile to Dish Network Corp in an effort to cre... More »

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Finland’s Nokia signs 1 billion euro deal with China Mobile

(Reuters) – Nokia has signed a one billion euro ($1.17 billion) deal to support China Mobile, the Finnish network gear maker said on Tuesday. Under the terms of the one-year deal, which was signed at Sino-German Economic Forum, Nokia will provide the Chinese o... More »

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FCC investigating website flaw that exposed mobile phone locations

WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate. A security researche... More »

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T-Mobile, Sprint say $26 billion deal would give U.S. tech lead…

(Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of jobs and help the United States beat Ch... More »

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Deutsche Telekom sees T-Mobile-Sprint deal clearing anti-trust…

FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) CEO Tim Hoettges expressed confidence on Monday that the $26 billion takeover of Sprint Corp (S.N) by its U.S. unit T-Mobile US (TMUS.O) would clear anti-trust hurdles. Hoettges, speaking after the all-stock de... More »

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Deutsche Telekom leverage to increase on T-Mobile-Sprint deal

FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) said its leverage would increase beyond its target corridor as a result of the takeover by its unit T-Mobile US (TMUS.O) of Sprint Corp (S.N), but will return to the comfort zone in 2021. Deutsche Telekom’s adj... More »

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Sprint, T-Mobile call off merger after months of talks

Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. More »

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Exclusive: T-Mobile, Sprint plan merger without selling assets

T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according ... More »

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China`s Lenovo says will not phase out its own phone brand

FILE PHOTO – Lenovo Chairman and CEO Yang Yuanqing attends a news conference on the company’s annual results in Hong Kong May 26, 2016. REUTERS/Bobby Yip Lenovo Group (0992.HK) chairman and chief executive Yang Yuanqing told Reuters on Thursday the company’s C... More »

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McDonald`s, late to mobile ordering, seeks to avoid pitfalls

McDonald’s self-service kiosks are seen in a prototype restaurant housed in a warehouse in Chicago’s West Loop area, in Chicago, Illinois, U.S., March 1, 2017. REUTERS/Lisa Baertlein McDonald’s Corp this month will begin testing its long-awaited U.S. mobile or... More »

Mobile key to growth, Sorrell tells IOC

KUALA LUMPUR Olympic chiefs must pump more content to mobile devices, and extend the allure of the Games outside its 17-day window to stay relevant to young people, marketing guru Martin Sorrell said on Sunday. “You need to evolve to new consumption behaviors ... More »