America Movil's shareholders Inmobiliaria Carso and Control Empresarial de Capitales are going to purchase AT&T's 8.27 percent stake in the company for $5.57 billion.
Mexican billionaire Carlos Slim will buy AT&T's stake in América Móvil for $5.6 billion, further tightening his grip on the Mexican telecommunications giant. AT&T had been expected to sell its holding in América Móvil as a way to ease regulatory passage of its proposed $49 billion deal for DirecTV.
Wireless industry players are finding a number of problems with the FCC's proposed plan to open up the 3.5 GHz band for a Citizens Broadband Radio Service (CBRS), which would enable spectrum sharing among federal and non-federal incumbents, holders of priority access licenses (PALs) and unlicensed general authorized access (GAA) users.
An ongoing battle among Tier 1 wireless carriers and location technology vendors over ways to more accurately locate 911 callers has spilled into the public arena, with AT&T Mobility taking to its public policy blog to lambast a technology test from location vendor TruePosition as inaccurate and misleading.
Verizon's contract with the German government has been cancelled following revelations last year of U.S. government spying, according to multiple media reports.
AT&T Mobility is working with credit card companies to test a permission-based fraud-detection service targeted at international travelers that will link a customer's location to the location of the transaction. The premise behind the service is that most people take their smartphone with them when they shop, so credit card companies can use the location information tied to a person's cell phone to verify the legitimacy of the purchase.
Gordon Mansfield, AT&T Mobility's AVP--Small Cell Solutions, who also serves as the chairman of the Small Cell Forum, is sharing his view on small cell adoption. While he does not see the hockey stick ramp some are predicting, he said there "is steady progress, steady increases in volumes of shipments."
Gordon Mansfield, AT&T Mobility's AVP of small-cell solutions, has chaired the Small Cell Forum since September 2012. He recently spoke with FierceWirelessTech about the overall small cell market and the development of indoor and outdoor small cells. Check out this Hot Seat interview.
Frontier Communications said it has hammered out a new labor contract with the Communications Workers of America District 1 (CWA) union that represents employees in the Connecticut region where it will expand its presence via its pending acquisition of AT&T's wireline operations.
Almost six months after AT&T announced its Sponsored Data program, there are now at least a handful of companies that are currently making use of the service in a commercial setting. Although vendors involved in the program declined to name most of the actual companies that are subsidizing the cost of users' data, Hershey's and Cut the Rope are among those that have been named publicly.