Networking specialist Level 3 Communications has agreed to make an acquisition move on US-focused enterprise networking firm tw telecom for $5.7bn. The deal values tw at approximately $7.3bn, including the assumption of approximately $1.6bn of net debt.
US satellite operator Dish Network has submitted an official filing with regulator the FCC, expressing concerns over two of the biggest proposed mergers on the table in the US market at present. Dish wants the pending Comcast and Time Warner Cable, and AT&T and DirecTV deals to go under the microscope.
US watchdog the Federal Trade Commission slammed T-Mobile USA on Tuesday, alleging that the carrier made “hundreds of millions of dollars” from bogus premium SMS charges never authorised by subscribers.
A widely expected deal that will see US operator Sprint acquire its competitor T-Mobile USA is nearing completion, according to a number of reports citing inside sources. News agency Bloomberg said that an agreement on the price, capital structure and termination fee is close and that the deal would value T-Mobile at $40/share, or roughly $31bn.
US operator T-Mobile has claimed to have taken “virtually all of the industry phone growth” in 1Q14 winning market share from its competitors in the process, reporting total net subscriber additions of 2.4 million. However, the operator recorded a $154m loss in the quarter, compared to a $106m profit in the first quarter of 2013.
US operator Verizon Wireless has posted a 4.8 year on year increase in revenue for 1Q14, as well as a 15.1 per cent increase in operating income.
US operator AT&T has reported a 3.6 per cent growth in consolidated revenues in 1Q14, claiming it is the strongest revenue growth the firm has seen in more than two years. The firm also increased its quarterly operating income year on year.
The potential merger between US cable firms Comcast and Time Warner Cable has been criticised by both video on demand service provider Netflix and the Writer’s Guild of America, East (WGAE).
US operator AT&T has announced plans to expand its fibre network across the US to up to 100 further cities and municipalities. The operator will be extending the footprint its triple play U-Verse TV, fixed internet and telephony service which it claims delivers speeds of up to 1Gbps.
US smartphone users are open to using sponsored data plans driven by fear of exceeding their mobile data limit, according to research published today.
Leading handset manufacturers and operators in the US have teamed up to introduce a ‘killswitch’ in an effort to curb smartphone theft in the country.
Chinese infrastructure vendor Huawei has responded to the US National Security Agency (NSA) following reports over the weekend claiming that the organisation gained access to Huawei’s email servers and source code of Huawei products.
The co-founder and CEO of video service Netflix, Reed Hastings, has said that sharing costs with internet services providers “makes no sense” for the firm.
US satellite operator Dish Network has been told by the US Department of Labor’s Occupational Safety and Health Administration (OSHA) to pay a former employee $157,024 in back wages and $100,000 in compensatory damages. The employee was blacklisted by the firm after reporting one of Dish’s vendors for submitting fraudulent invoices.
A report on the performance of UK mobile operators that named Vodafone as having the poorest overall network performance of the country’s four operators has drawn strong criticism from the firm. Network performance monitoring specialist RootMetrics published its UK mobile network performance review Thursday, ranking Vodafone in last place for network reliability, mobile internet performance and call and text performance.
US operator Sprint has launched a connected car offering for automotive insurance companies. The IMS UBI Intelligence tool offers insurers a way to accurately determine a driver’s policy premium based on their driving behaviour.
The United States could soon make M2M connectivity in new vehicles mandatory, following research undertaken by the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA).
US operator Verizon Wireless demonstrated LTE Multicast technology to a private audience in New York this weekend, at American Football event the US Superbowl.
German operator group Deutsche Telekom has hailed last year’s revelations that the US spy agency NSA and the UK’s GCHQ had been monitoring ordinary citizens’ browsing and messaging habits as an “opportunity” for operators to provide data privacy and data security services.
US operator AT&T has reported a 149 per cent increase in net income in FY2013 to reach $18.2bn. The firm recorded net income of $7.3bn in 2012. Consolidated revenues reached $128.8bn for the year, an increase of 1.1 per cent year on year.