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Jan 6, 2014

AT&T promises sponsored data services in coming months

NEW YORK (Reuters) – AT&T Inc plans to give cash-strapped consumers options to save money on mobile data fees as soon as this quarter while offering sponsors a new way to entice consumers to use their services.

The company said it will announce details on Monday at AT&T’s developer conference at the Consumer Electronics Show. The offering will let sponsors subsidize consumer’s data fees, which have gradually gotten more expensive in recent years as phone companies charge for mobile web-surfing based on how much data their customers download.

Jan 6, 2014

Mobile to buy Verizon Wireless spectrum in $3.3 billion deal

By Sinead Carew

(Reuters) – T-Mobile US Inc (TMUS.N: Quote, Profile, Research, Stock Buzz) said on Monday it would buy spectrum licenses from Verizon Wireless to improve its high-speed wireless services in a deal worth $3.3 billion.

T-Mobile, majority owned by Deutsche Telekom (DTEGn.DE: Quote, Profile, Research, Stock Buzz), said the deal includes $2.365 billion in cash and a transfer of spectrum worth $950 million.

Jan 3, 2014

AT&T tries luring T-Mobile users with credit

NEW YORK (Reuters) – AT&T Inc on Friday offered customers of No.4 U.S. mobile provider T-Mobile U.S. Inc a $200 credit to switch to its service, firing the first volley in what may be a price war that benefits consumers but plays havoc with profits.

AT&T, the No.2 U.S. mobile provider, announced the promotion after months of direct marketing against it by T-Mobile, and in anticipation of a new competitive offer from its smaller rival on January 8.

Dec 24, 2013

In telecom merger mania, skeptical eye from Obama administration

WASHINGTON/NEW YORK (Reuters) – A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers.

With both cable and mobile phone operators grappling with slowing growth, speculation has intensified recently about potential takeovers of No. 4 wireless service provider T-Mobile US Inc (TMUS.N: Quote, Profile, Research) and No. 2 cable service provider Time Warner Cable Inc (TWC.N: Quote, Profile, Research).

Dec 24, 2013

Analysis: In telecom merger mania, skeptical eye from Obama administration

WASHINGTON/NEW YORK (Reuters) – A pair of potentially transformative U.S. telecoms and cable deals could run afoul of Obama administration regulators who worry that mergers among market leaders would hurt consumers.

With both cable and mobile phone operators grappling with slowing growth, speculation has intensified recently about potential takeovers of No. 4 wireless service provider T-Mobile US Inc and No. 2 cable service provider Time Warner Cable Inc.

Dec 20, 2013

Under pressure, Verizon plans more data-request disclosures

By Ross Kerber and Sinead Carew

(Reuters) – Verizon Communications Inc vowed to issue semi-annual reports on government requests for customer data, drawing praise from privacy advocates who sought such changes and marking the latest reform to controversial surveillance practices.

This would be the first time that Verizon will publish such reports that would be easily accessible to shareholders.

Dec 17, 2013

AT&T to sell Connecticut wireline assets to Frontier for $2 billion

By Sinead Carew

(Reuters) – AT&T Inc (T.N: Quote, Profile, Research, Stock Buzz), the biggest U.S. phone company, said on Tuesday that it would sell its wireline operations in Connecticut to regional telephone operator Frontier Communications (FTR.O: Quote, Profile, Research, Stock Buzz) for $2 billion in cash, partly to fund network upgrades.

Frontier shares rose almost 9 percent after the agreement with AT&T, which depends on wireless for growth and has said in the past that it could sell non-strategic wireline assets.

Dec 17, 2013

AT&T to sell Conn. wireline assets to Frontier for $2 bln

Dec 17 (Reuters) – AT&T Inc, the biggest U.S. phone
company, said on Tuesday that it would sell its wireline
operations in Connecticut to regional telephone operator
Frontier Communications for $2 billion in cash, partly
to fund network upgrades.

Frontier shares rose almost 9 percent after the agreement
with AT&T, which depends on wireless for growth and has said in
the past that it could sell non-strategic wireline assets.

Dec 13, 2013

Qualcomm names COO Mollenkopf CEO, ending Microsoft talk

By Sruthi Ramakrishnan and Sinead Carew

(Reuters) – Qualcomm Inc promoted Chief Operating Officer Steve Mollenkopf to chief executive in a surprise move that follows investor pressure on the phone chipmaker to return capital and speculation that he might be poached to run Microsoft.

The replacement of current CEO Paul Jacobs, the 51-year-old son of a Qualcomm co-founder, comes a day after Bloomberg News reported that Microsoft has been considering Mollenkopf as a candidate to replace retiring CEO Steve Ballmer.

Dec 12, 2013

Cisco resurgence in China to require time, patience: CEO Chambers

NEW YORK (Reuters) – Cisco Systems Chief Executive John Chambers said on Thursday that the network equipment company is preparing for a long battle to improve its business in China, one that will not be won “in a quarter or two.”

The company’s revenue in China fell by 18 percent in the quarter ended in October, a major contributor to a 21 percent decline in the company’s top five emerging markets.

    • 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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