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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.

Mar 26, 2013
Mar 14, 2013

Samsung Galaxy S4 debuts on Apple’s home turf

NEW YORK (Reuters) – Samsung Electronics Co(005930.KS: Quote, Profile, Research) on Thursday premiered its latest flagship phone, the Galaxy S4, which sports a bigger display and unconventional features such as gesture controls and will spearhead its effort to challenge Apple Inc(AAPL.O: Quote, Profile, Research) on its home turf.

The phone is the first in Samsung’s highly successful Galaxy S-series to make its global debut on U.S. soil, and represents another bet that consumers prefer larger screens.

Mar 14, 2013

Samsung Galaxy S4 emerges to do battle on Apple’s home turf

NEW YORK (Reuters) – Samsung Electronics Co on Thursday premiered its latest flagship phone, the Galaxy S4, which sports a bigger display and unconventional features such as gesture controls and will spearhead its effort to challenge Apple Inc on its home turf.

The phone is the first in Samsung’s highly successful Galaxy S-series to make its global debut on U.S. soil, and represents another bet that consumers prefer larger screens.

Mar 13, 2013
Mar 13, 2013

VMware projects revenue hike, EMC unveils Pivotal plan

By Sinead Carew

(Reuters) – Software company VMware Inc promised to boost its annual revenue growth as high as 20 percent in coming years, sending its shares up 7 percent on Wednesday morning.

The company, which is 80 percent-owned by data storage leader EMC Corp, was presenting at an investor meeting on Wednesday where the two companies also outlined their plans to set up Pivotal, a venture that will be majority-owned by EMC.

Mar 8, 2013

Texas Instruments raises its earnings, revenue target

NEW YORK (Reuters) – Texas Instruments (TXN.O: Quote, Profile, Research, Stock Buzz) raised its targets for first-quarter earnings and revenue to the upper end of its previous forecast ranges, due to improving demand for its chips in an industry that has been hit for several quarters by a weak global economy.

TI, a maker of chips for a wide array of products ranging from computers to industrial equipment, said on Thursday that chip orders were increasing and that it expects the trend to continue.

    • 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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