9 result(s) displayed (1 - 9 of 9):

AT&T, Verizon swap assets in deteriorating market (from Corporate Dealmaker)

AT&T Inc. (NYSE:T) won an auction for certain wireless assets from Verizon Wireless for $2.35 billion in cash. Verizon was forced to sell as part of a regulatory agreement regarding its $28.1 billion acquisition of Alltel Corp. in January.AT&T will acquire wireless properties, including licenses, network assets and 1.5...

Posted on May 11, 2009 8:36 AM

When JVs hurt (from Corporate Dealmaker)

Joint ventures are a great way to scale up business and enter new markets without the major regulatory hassle acquisitions face, but as with any investment, there are risks.Sweden's Ericsson AB (NASDAQ:ERIC), the world's No. 1 in mobile equipment making, got a taste of that when it reported quarterly earnings...

Posted on May 1, 2009 10:14 AM

AT&T: $17B investment in mobile broadband this year (from Corporate Dealmaker)

First, the good news for a struggling economy:  AT&T Inc. (NYSE:T) says it plans to invest $17 billion to $18 billion in 2009 and add about 3,000 jobs to support increased customer demand in mobility, broadband and video. The multibillion-dollar investment is in line with its 2007 capital expenditures of...

Posted on March 10, 2009 4:49 PM

China's $41B telecom stimulus (from Corporate Dealmaker)

China just issued 3G licenses that could create $41 billion in spending for equipment, according to the Ministry of Industry and Information Technology. The Big 3, China Mobile Ltd. -- which controls nearly 70% of the country's mobile market -- China Unicom Ltd. and China Telecom Corp., were recipients...

Posted on January 7, 2009 9:53 AM

AT&T acquires Wi-Fi access provider Wayport for $275M (from Corporate Dealmaker)

AT&T Inc., through one of its subsidiaries, is buying privately-held Wayport Inc. for about $275 million in cash, adding nearly 20,000 domestic hotspots to its global Wi-Fi presence of more than 60,000 locations. Irving, Texas-based Wayport enables wireless connections to the Internet via smartphones and other Wi-Fi enabled devices at...

Posted on November 6, 2008 3:17 PM

Sprint and Moto hold spinoffs, collaborate for Nextel (from Corporate Dealmaker)

Sprint Nextel Corp. more than stumbled integrating Nextel's iDEN network after their merger. And CEO Dan Hesse has said he would consider a "compelling" offer for iDEN. However, Sprint now says after careful review of the business, it will "retain and rejuvenate this important asset." As part of this...

Posted on October 31, 2008 12:02 PM

China orders telecom 'Big 3' to share networks (from Corporate Dealmaker)

The Chinese government combined the six main wireless providers into three companies to boost competition in the industry and give itself better footing in the third-generation wireless services sector, which facilitates the downloading of music and video. Now, the country has ordered its three giant telecom operators to share...

Posted on October 7, 2008 3:04 PM

China Mobile peers play catch up, China catching up with 3G (from Corporate Dealmaker)

China's telecom restructuring is meant to boost competition in the industry and give itself better footing in the 3G wireless services sector, which facilitates the downloading of music and video. Other 3G providers, such as Paris-based Alcatel-Lucent, China's Huawei...

Posted on June 2, 2008 4:11 PM

Sprint, Clearwire, Intel, Google and others in $14.5B WiMax deal (from Corporate Dealmaker)

Sprint Nextel Corp. and Clearwire Corp. are combining their WiMax businesses, creating a new mobile broadband company to be named Clearwire. And the new company is getting a $3.2 billion cash infusion from an impressive alliance of technology and cable giants including Intel Corp. (through Intel Capital), Google Inc., Comcast...

Posted on May 7, 2008 9:55 AM