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Apr 9, 2013

Google, AT&T target Austin for high-speed Internet

SAN FRANCISCO/NEW YORK, April 9 (Reuters) – Google Inc
said on Tuesday it plans to bring its ultra high-speed
Internet and television service to Austin, Texas, next year,
prompting AT&T Inc to reveal its own plans to follow suit
- if it gets the same terms from local authorities.

AT&T appeared to be making a political point to highlight
the heavy regulations that encumber traditional phone companies,
analysts said.

Mar 29, 2013

Proxy firms pile on pressure for better MetroPCS-T-Mobile deal

NEW YORK, March 29 (Reuters) – Proxy advisor Glass Lewis on
Friday became the second firm to suggest that MetroPCS
Communications Inc shareholders vote against a proposed
merger with T-Mobile USA, adding pressure on Deutsche Telekom AG
to sweeten the deal.

The move by No. 2 proxy firm Glass Lewis backs efforts by
two key activist investors to block the deal, the day after
leading proxy firm ISS said shareholders should vote against the
deal with T-Mobile USA, the U.S. business of Deutsche Telekom.

Mar 29, 2013

Glass Lewis urges MetroPCS shareholders vote down T-Mobile USA deal

NEW YORK (Reuters) – Proxy advisor Glass Lewis on Friday became the second firm to suggest that MetroPCS Communications Inc shareholders vote against a proposed merger with T-Mobile USA, adding pressure on Deutsche Telekom AG to sweeten the deal.

The move by No. 2 proxy firm Glass Lewis backs efforts by two key activist investors to block the deal, the day after leading proxy firm ISS said shareholders should vote against the deal with T-Mobile USA, the U.S. business of Deutsche Telekom.

Mar 28, 2013

ISS may force sweeter MetroPCS/T-Mobile merger

NEW YORK/FRANKFURT (Reuters) – Deutsche Telekom AG will likely be forced to sweeten the terms of its deal with MetroPCS Communications Inc after proxy advisory firm ISS recommended shareholders vote against the proposed transaction, according to analysts.

Shares in MetroPCS rose 3.9 percent in afternoon trade In New York after ISS said late on Wednesday that it was backing the efforts of two big MetroPCS shareholders to block the company’s proposed merger with T-Mobile USA, Deutsche Telekom’s U.S. unit.

Mar 28, 2013

ISS may force sweeter MetroPCS/T-Mobile merger-analysts

NEW YORK, March 28 (Reuters) – Deutsche Telekom AG
will likely be forced to sweeten the terms of its
deal with MetroPCS Communications Inc after proxy
advisory firm ISS recommended shareholders vote against the
proposed transaction, according to analysts.

Shares in MetroPCS rose 3.5 percent in morning trade after
ISS said late on Wednesday that it was backing the efforts of
two big MetroPCS shareholders to block the company’s proposed
merger with T-Mobile USA, Deutsche Telekom’s U.S. unit.

Mar 28, 2013

MetroPCS shareholders should vote against T-Mobile deal -ISS

NEW YORK, March 27 (Reuters) – Influential proxy advisory
firm ISS threw its weight behind opponents of MetroPCS
Communications Inc’s proposed merger with T-Mobile USA,
saying the deal undervalued the company and shareholders should
vote against it.

MetroPCS agreed to the merger with the Deutsche Telekom
unit in October but activist shareholders holding
about 12 percent of its stock contest the terms and are
campaigning for others to help vote it down.

Mar 28, 2013

Exclusive: Clearwire expected to tap Sprint financing for April

NEW YORK (Reuters) – Clearwire Corp plans to notify Sprint Nextel Corp on Thursday that it will tap another $80 million of financing in April as part of its deal with the No. 3 U.S. wireless carrier, two people close to the matter said.

In December, Sprint offered $2.97 per share to buy the rest of Clearwire that it does not own, and provided the wireless broadband operator up to $800 million in financing that it could draw on in installments of $80 million over 10 months.

Mar 28, 2013

Clearwire expected to tap Sprint financing for April

NEW YORK, March 27 (Reuters) – Clearwire Corp (CLWR.O: Quote, Profile, Research) plans
to notify Sprint Nextel Corp (S.N: Quote, Profile, Research) on Thursday that it will tap
another $80 million of financing in April as part of its deal
with the No. 3 U.S. wireless carrier, two people close to the
matter said.

In December, Sprint offered $2.97 per share to buy the rest
of Clearwire that it does not own, and provided the wireless
broadband operator up to $800 million in financing that it could
draw on in installments of $80 million over 10 months.

Mar 26, 2013

Mobile USA eyes growth from iPhone, marketing changes

NEW YORK, March 26 (Reuters) – T-Mobile USA said on Tuesday
that it will start selling Apple Inc’s iPhone on April
12, making it the last of the big national U.S. operators to
sell the popular smartphone.

The No. 4 U.S. mobile provider, which is seeking to merge
with smaller rival MetroPCS Communications, is hoping
the device can help stem customer losses. The launch follows a
marketing overhaul that eliminates device subsidies and two-year
service contracts favored by its bigger rivals.

Mar 26, 2013

Mobile USA to sell iPhone starting April 12

NEW YORK (Reuters) – T-Mobile USA said on Tuesday that it will start selling Apple Inc’s iPhone on April 12, making it the last of the big national U.S. operators to sell the popular smartphone.

The No. 4 U.S. mobile provider, which is seeking to merge with smaller rival MetroPCS Communications, is hoping the device can help stem customer losses. The launch follows a marketing overhaul that eliminates device subsidies and two-year service contracts favored by its bigger rivals.

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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