7 result(s) displayed (1 - 7 of 7):
Thursday's news of AT&T Inc.'s planned 12,000 job cuts, costing it $600 million, is a more of a shock than a surprise given the global financial crisis. The U.S. telecom giant cited economic pressures and a changing business mix as reasons for the 4% work force reduction. That's consistent with...
Posted on December 4, 2008 4:02 PM
Sprint Nextel Corp.'s announcement Thursday that it will "rejuvenate" its beleaguered integrated digital enhanced network is another way of saying the company is not selling the wireless systems it obtained from its $35 billion merger with Nextel.The million-dollar question for Sprint Nextel's president of strategic planning and corporate initiatives...
Posted on October 31, 2008 1:23 PM
Concerns linger about the fate of Verizon Wireless' $28.2 billion acquisition of Alltel Corp., a combination that would propel the firm past AT&T Inc. as the largest cell phone service provider in the industry. The two big--and mostly countervailing-- factors are the credit crunch and the possibility that a new...
Posted on October 13, 2008 5:03 PM
Wireless Internet provider Clearwire Corp. posted a $191.1 million loss for the second quarter due to costs related to its merger with Sprint Nextel Corp.'s WiMax business, but is focused on making the deal work. Meanwhile, reports say Sprint may sell its iDen wireless network to either NII Holdings Inc. or PE investors and Sprint itself could be taken over by South Korea's SK Telecom.
Posted on August 8, 2008 1:45 PM
Who might buy the more-than-50% stake in Huawei Technologies Co. Ltd.'s handset business that the Chinese equipment company wants to sell to improve its access to the U.S. market? A story in Tuesday's South China Morning Post said suitors could include AT&T Corp., Verizon Communications Inc. and Vodafone Group...
Posted on May 21, 2008 8:15 AM
The big swap (from Corporate Dealmaker)
News Corp. and Liberty come up with a structure to spin off DirecTV in the most tax-advantaged way possible.
Posted on March 12, 2008 10:31 AM
Broadband-based digital communications have been driving business innovation for the past decade, and the advances just keep coming. Today, voice over Internet protocol, Wi-Fi, real-time video conferencing and other technologies enable a level of connectivity and interactivity unheard of even a few years ago. But judging from the essays...
Posted on October 15, 2005 1:40 PM
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