Tag:

Mergers and Acquisitions

Latest Headlines

Latest Headlines

AT&T's Lurie not worried about potential Sprint and T-Mobile merger

ATLANTA--AT&T Mobility CEO Glenn Lurie said that he would not be all that concerned if Sprint and T-Mobile US were to merge and form a larger-scaled competitor.

T-Mobile MVNO Solavei plans to expand to Mexico, launch new social commerce tools this year

T-Mobile US MVNO Solavei, which is seeking to emerge from bankruptcy protection in the next few weeks, plans to expand to Mexico and other Latin American markets later this year, according to CEO Ryan Wuerch. The company also plans to launch new offerings on its Solavei Marketplace program by the end of June.

Analysts: Sponsored data plans for wireless will survive FCC's net neutrality rules

The FCC's recently published net neutrality rules will not spell doom for wireless carriers that want to launch sponsored data plans, according to a report from analysts at Wall Street firm New Street Research.

Amazon buys 2lemetry in a possible move toward Internet of Things

Amazon acquired a startup called 2lemetry that offers technology for sending, receiving and analyzing data from Internet-connected devices and machines. Terms of the deal, first reported by TechCrunch and confirmed by Amazon, were not disclosed.

T-Mobile MVNO Solavei to exit bankruptcy, merge with mobile solutions provider ASPIDER

Six months after T-Mobile US MVNO Solavei announced it was going to launch into a new phase of its development, the company said it filed a bankruptcy reorganization plan to merge with ASPIDER, a Netherlands-based Infrastructure as a Service provider that works with mobile operators. Terms of the deal remain confidential.

AT&T's Stephenson: We're not gunning for América Móvil's assets in Mexico

AT&T CEO Randall Stephenson told investors about as clearly as he could that the carrier is not going to snap up assets that América Móvil is going to divest, and will instead focus on growing its business in Mexico via its acquisitions of Iusacell and NII Holdings' Nextel Mexico businesses.

Analysts: After getting Nextel Mexico, AT&T may go after América Móvil's assets

AT&T is getting lots of wireless spectrum in Mexico on the cheap by buying bankrupt NII Holdings' Mexican wireless assets, according to financial analysts. And AT&T might not stop there and could look to bulk up its position in Mexico by acquiring assets that former partner América Móvil is going to divest, according to the analysts and other industry sources.

AT&T to nab Nextel Mexico for $1.88B from bankrupt NII Holdings

AT&T said it will acquire the Mexican wireless assets of bankrupt NII Holdings for $1.875 billion, less outstanding net debt. The deal marks AT&T's latest expansion south of the U.S border following its $2.5 billion purchase of Mexican carrier Iusacell, which closed earlier this month.

T-Mobile's Legere blasts idea that carrier's approach isn't financially sustainable

T-Mobile US CEO John Legere pushed back against media interpretations of recent comments made by Timotheus Hoettges, CEO of T-Mobile parent Deutsche Telekom, which many outlets interpreted as Hoettges saying T-Mobile's torrid growth trajectory is unsustainable long term from a financial perspective.

DT's Hoettges: T-Mobile's current growth rate is financially unsustainable long term

T-Mobile US was thwarted in its efforts to merge last year with Sprint, but the carrier still needs greater scale in the long term despite all of its recent growth, according to Timotheus Hoettges, CEO of T-Mobile parent Deutsche Telekom. Hoettges also said in the long term T-Mobile's blistering growth is unsustainable from a financial perspective.