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Showing results for T-Mobile USA, Inc. v. Andrew Leung
...The news of the discussions knocked shares in T-Mobile USA by almost 3 per cent to $78.61 in lunchtime trading, and shares in Sprint were off almost 4 per cent at $5.86....
...A few weeks back DD asked whether T-Mobile had done enough to save its Sprint deal. It turns out several US states don’t think so....
...Traditional video game developers have faced a growing threat from online and mobile games that are increasingly winning over players....
...Another first is the USA Pavilion — look out for glassware by John Hogan and the rugged furniture of Fernando Mastrangelo....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...Concern at the creation of a duopoly was central to why US regulators opposed AT&T’s $39bn bid for Deutsche Telekom’s T-Mobile USA in 2011....
...His comments came as AT&T reported a $6.7bn net loss in the fourth quarter of 2011, down from net income of $1.1bn a year earlier, in part because of the $4bn break fee from its failed T-Mobile USA bid....
...Deutsche Telekom is considering a deal that would combine its T-Mobile USA business with MetroPCS Communications, a US wireless provider, reports the FT, citing two people familiar with the matter....
...The 109-page report on the proposal argues that AT&T’s acquisition of T-Mobile USA, the fourth-largest US mobile operator, would not be in the public’s interest because the merger would “substantially lessen...
...The US Federal Trade Commission, which recently opposed AT&T’s bid for T-Mobile USA, has already sent a second request for information, signalling that it will also give both deals close scrutiny....
...Mr McAdam’s concerns for the telecoms industry follow the decision by the Department of Justice to move to block the $39bn acquisition of T-Mobile USA by AT&T....
...AT&T lagged behind the market, but was still up 1.3 per cent to $29.01, despite calling time on its attempt to acquire T Mobile USA. That was a fillip for its equipment suppliers....
...However, T-Mobile USA, Deutsche Telekom’s US mobile business, is struggling to compete against Verizon Wireless and AT&T, its larger rivals....
...Months before AT&T unveiled its $39bn bid for T-Mobile USA, Deutsche Telekom’s US mobile arm, the biggest US telecoms operator sought to sweeten regulators by sending 1,500 cupcakes to the Federal Communications...
...The announcement by the Department of Justice on Wednesday challenging AT&T’s takeover of T-Mobile USA came with much of the usual criticism of such deals – that it would lessen competition and hurt consumers...
...AT&T, the largest US telecoms group, had in March agreed the $39bn takeover of Deutsche Telekom’s T-Mobile USA unit....
...Mr Obermann also looked at the case for merging T-Mobile USA with Sprint Nextel, a larger rival. But AT&T’s offer to buy T-Mobile USA was too good to turn down....
...The group is hoping to secure regulatory approval for the sale of T-Mobile USA, its US mobile business, to AT&T in the first half of next year....
...AT&T, by purchasing T-Mobile USA for $39bn in cash and stock, would leapfrog Verizon Wireless to become the leading US mobile operator....
...A long list of synergies include collapsing the AT&T and T-Mobile USA mobile networks into one infrastructure....
...T-Mobile USA has been struggling for the past two years to compete against its larger rivals, and Deutsche Telekom plans to sell its US business to AT&T for $39bn in cash and stock....
...Mobile applications, “haven’t been a screaming success” yet, Mr Steinbrink concedes, but the company believes allowing users to consult its ratings in stores “will change the game”....
...For Deutsche Telekom, meanwhile, AT&T’s $39bn offer for T-Mobile USA looks attractive....
...Verizon has an estimated 88m retail customers, and AT&T has 75m, Sprint has 45m and T-Mobile USA has 34m....
...Sprint had been in talks with Deutsche Telekom about a merger with T-Mobile USA, the fourth-biggest mobile operator, before AT&T’s surprise deal was unveiled on Sunday....
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