US president-elect, Barack Obama, has unveiled a massive $825bn fiscal stimulus package. Comprising $550bn in new federal spending and $275bn in tax cuts over the next two years, the objective is to create more than three million jobs. Among the long list of projects in line for economic support – which includes spending on energy, [...]
US President Barack Obama has received a letter from 15 lawmakers calling for his administration to approve the merger between AT&T and T-Mobile. The letter, put forward by member of congress Heath Shuler and 14 other Democrats, said that the proposed merger of AT&T and T-Mobile USA would help solve America’s jobs crisis by reducing unemployment, encourage private investment and promote new and innovative technologies that will drive job creation.
There may be another spectrum auction on the horizon as US president Barack Obama on Monday outlined a plan to free up and release 500MHz of spectrum for wireless broadband.
A handful of Verizon Wireless employees have been suspended for snooping on US president elect Barack Obama’s mobile phone records. Verizon’s president and CEO Lowell McAdam issued a public apology to Obama on Friday, after it emerged that “a number of” Verizon staff had accessed the president elect’s account. McAdam said the account in question [...]