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 »
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Tuesday that he met with AT&T Inc (T.N) Chief Executive Randall Stephenson, who assured him the telecommunications firm will continue investing and strengthening its operations in Me... More »
(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 »
(Reuters) – AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two new board members, bowing to pressure from activi... More »
NEW YORK (Reuters) – AT&T (T.N) and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday. Ell... More »
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 »
(Reuters) – AT&T Inc’s WarnerMedia may price its streaming service between $16 and $17 per month, instead of a multi-tiered plan, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The package may include HBO, sister channel ... More »
(Reuters) – The producer of the hit television series “The Walking Dead” and other major Hollywood film and TV studios said on Thursday they would reconsider locating productions in Georgia if a new state law restricting abortions takes effect. WarnerMedia, CB... More »
MEXICO CITY (Reuters) – Mexico’s consumer watchdog, Profeco, said on Friday it won a class-action lawsuit against the local unit of U.S. telecommunications giant AT&T Inc for undue charges and poor service. Profeco said that in 2013 it sued telecommunications ... More »
WASHINGTON (Reuters) – The top U.S. securities regulator said on Tuesday that BB&T Securities has agreed to return more than $5 million to retail investors and pay a $500,000 penalty to settle charges that a firm it acquired misled clients about the cost of ad... More »
WASHINGTON (Reuters) – AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV unit or Turner networks as part of approving its proposed $85.4 billion acquisition of Time Warner Inc.... More »
WASHINGTON (Reuters) – Lawyers for the U.S. Justice Department and AT&T (T.N) will give closing arguments on Monday in a trial to determine if the wireless giant, owner of pay TV provider DirecTV, will be allowed to buy movie and TV show maker Time Warner (TWX... More »
(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 »
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 »
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 »
(Reuters) – Twelve percent of subscribers would quit their cable or satellite companies if Time Warner Inc’s (TWX.N) Turner networks were no longer available, a Massachusetts Institute of Technology marketing professor said on Thursday. John Hauser, who teache... More »
(Reuters) – U.S. judge Richard Leon on Wednesday warned attorneys for the Department of Justice and AT&T Inc to speed up the trial over the proposed merger of the large telecommunications company and Time Warner Inc, or risk missing the June 21 deadline to com... More »
The logo of T. Rowe Price Group is pictured at its office in Tokyo, Japan, January 13, 2017. REUTERS/Toru Hanai NEW YORK (Reuters) – Winning stockpicker T. Rowe Price Group Inc (TROW.O) has a message for investors: do not give up on bonds. “We’ve been lowering... More »
FILE PHOTO: Visitors try Huawei’s devices during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard/File Photo HONG KONG (Reuters) – Huawei Technologies Co Ltd’s [HWT.UL] planned deal with U.S. carrier AT&T Inc (T.N) to sell it... More »
FILE PHOTO: An AT&T logo and communication equipment is shown on a building in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – The trial to determine if the U.S. Department of Justice can stop AT&T Inc’s ... More »
The collapse of the attempt by T-Mobile US to merge with Sprint Corp will underline its importance as a driver of growth when its main owner, Deutsche Telekom, reports quarterly results this week. More »
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 »
T-Mobile US (TMUS.O) will pursue a growth strategy in the United States after ending merger talks with Sprint Corp (S.N) on Saturday, majority owner Deutsche Telekom (DTEGn.DE) said. More »
A strong No. 3 player in the U.S. wireless market would enhance competition, the chief of Deutsche Telekom (DTEGn.DE) told a German newspaper, as T-Mobile US Inc (TMUS.O) seeks to merge with Sprint Corp (S.N). More »
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 »
FILE PHOTO — A Verizon sign is seen at a retail store in San Diego, California, U.S. on April 21, 2016. REUTERS/Mike Blake/File Photo Verizon Communications Inc (VZ.N) is considering making a buyout offer for Straight Path Communications Inc (STRP.A) which wou... More »
U.S. Democratic presidential nominee Hillary Clinton pauses as she speaks at a campaign event accompanied by vice presidential nominee Senator Tim Kaine in Pittsburgh, U.S., October 22, 2016. REUTERS/Carlos Barria Democratic presidential nominee Hillary Clinto... More »
Signage for an AT&T store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton/File Photo The tie-up of AT&T Inc (T.N) and Time Warner Inc (TWX.N), bringing together one of the country’s largest wireless and pay TV providers and cable networks like ... More »
An AT&T logo is seen at an AT&T store in New York City, October 23, 2016. REUTERS/Stephanie Keith When Time Warner Inc’s (TWX.N) Jeff Bewkes welcomed AT&T Inc’s (T.N) Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting ... More »
AT&T Inc (T.N) may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telcommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed $85.4 billion d... More »
Signage that reads Time Warner is seen at the Time Warner Center in New York City, October 23, 2016. REUTERS/Stephanie Keith AT&T Inc’s (T.N) proposed $85 billion takeover of Time Warner Inc (TWX.N) generated skepticism among both Democrats and Republicans on ... More »
CHICAGO A new wave of experimental cancer drugs that directly recruit the immune system’s powerful T cells could begin reaching patients next year, according to companies presenting new data at the annual meeting of the American Society of Clinical Oncology. I... More »
Spanish telecommunications company Telefonica SA has expressed interest in buying AT&T Inc’s pay TV assets in Latin America, which could be valued at around $10 billion, according to people familiar with the matter. AT&T bought the Latin American assets as par... More »
AT&T Inc (T.N), the No. 2 U.S. wireless carrier and the world’s largest pay-TV operator, raised its 2015 earnings forecast as quarterly earnings beat expectations on cost cuts and gains in wireless and DirecTV subscribers. AT&T shares rose 1.7 percent in after... More »
NEW YORK AT&T Inc said it does not oppose the proposed merger of Charter Communications Inc and Time Warner Cable Inc, but in a letter to the U.S. Federal Communications Commission it asked for a careful review on the impact of cable deals on emerging online v... More »
