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Sprint-Nextel to acquire Virgin Mobile USA
...deal on Tuesday to acquire Virgin Mobile USA, the wireless phone company in which Sir...The all-stock deal valued Virgin Mobile USA's equity at $5.50 per share, representing...merger with Nextel in 2005.The Virgin Mobile USA transaction should enable Sprint to more...
Wall Street's rally looses steam
...sector. The shares were down 6.4 per cent at $18.29. GT Solar International, which supplies solar-cell manufacturers, lost 14.1 per...had helped boost demand. Moody's gave a boost to American International Group shares after the credit rating agency said that the...
Net inflows for first time in 2 years
...4.6bn were bettered only by those of the UK and the "international" segment, which Lipper FMI defines as those funds that do...favour.France's Carmignac once again topped the dominant international category, as measured by net inflows, with its flagship...
Deutsche Telekom / Sprint Nextel
...growth for DT, last quarter's fall in revenues shows T-Mobile USA is struggling to keep up in a vicious price war. One idea is...if René Obermann, chief executive, failed to revive T-Mobile USA. They added that deals aimed at transforming the business, the...
Metro offers $5.3bn for Leap Wireless
...Communications on Tuesday offered to acquire rival Leap Wireless International for $5.3bn in stock in a deal that would combine two of the...carrier behind AT&T, Verizon Wireless, Sprint Nextel and T-Mobile USA. VIDEO Paul Taylor on MetroPCS's $5.3bn bid to buy rival...
Deutsche Telekom sees dip in US revenues
...depreciation and amortisation fell 3.3 per cent as sales dropped 2 per cent compared with a year earlier. In the US, where T-Mobile USA has been losing customers to smaller rivals - 77,000 in the third quarter - revenue rose 3 per cent and core profit climbed 5...
Deutsche Telekom hurt by T-Mobile customer losses
Deutsche Telekom, the German telecoms group, yesterday offered a glimpse of the pressure it is under in the US when it said
DR Horton narrows loss as orders surge
DR Horton, the second biggest homebuilder in the US, narrowed its losses in the latest quarter as house orders surged, but
Leap turns down $5bn bid by rival
Leap Wireless International on Sunday rejected a $5bn unsolicited takeover bid from rival US telecommunications...US market behind AT&T, Verizon Wireless, Sprint Nextel and T-Mobile USA. MetroPCS offered 2.75 of its shares for each outstanding common share...
Marriott International
...the recession and should start to return to normal once it ends. However, two problems remain for investors in Marriott International, which produced third quarter numbers on Thursday that were less bad than feared. It is still too early to tell when that...
