The developments in AT&T's (NYSE:T) attempt to buy T-Mobile over the past week have overshadowed Sprint Nextel Corp. (NYSE:S) and Clearwire's (NASDAQ:CLWR) behind the scenes effort to salvage their relationship in the form of a new agreement by Sprint to wholesale future LTE capacity from Clearwire.
Clearwire Corp is expected to reach a funding agreement with Sprint Nextel at least by year-end and possibly in time for Clearwire's December 1 debt interest payment deadline, according to people following a standoff between the wireless service providers.
Clearwire is expected to reach a funding deal with Sprint Nextel at the end of the year, and may even reach an agreement to prevent Clearwire from missing its $237 million debt payment due Thursday, sources close to the matter told Reuters.
Dallas-based AT&T has agreed to provide broader-reaching Internet services in China, and the two companies are looking into providing services such as telepresence, managed hosting, cloud-based services, network integration services and enterprise mobility solutions.
AT&T Senior Executive Vice President Jim Cicconi said it is troubling that the Federal Communications Commission released a staff report on the wireless provider's $39 billion proposal to buy T-Mobile.
Verizon Communications, Inc. (NYSE:VZ) is set to benefit from the explosive 4G growth, according to a UBS analyst who has upgraded the stock to buy from neutral.
European telecoms lobbying group ECTA urged EU regulators on Monday to cut fees charged by dominant operators for access to copper wire networks, arguing such firms enjoyed unfair subsidies.
Verizon Communications must pay up to $11 million a month in royalties to San Jose-based ActiveVideoNetworks for providing FiOS TV customers with video-on-demand service found to violate patents, a U.S. District Court ruled.
British telecoms regulator Ofcom said on Thursday broadband suppliers should be clearer about how they manage traffic on their networks and the speeds users can expect to achieve.
Nokia Siemens Networks plans to eliminate 17,000 jobs worldwide by the end of 2013 in an effort to streamline business operations, the company announced Wednesday.
The parent corporations are considering a public float of Nokia Siemens shares in order to dispose of the struggling subsidiary.
After months of staying mum on the deal, Verizon has finally broken its silence.
Shares of Clearwire Corp plunged as much as 31 percent after a Wall Street Journal report quoted its CEO as saying the company was considering skipping a $237 million interest payment due December 1.
Shares of Clearwire Corp. fell as much as 31 percent after the company said it may skip its massive debt payment on Dec.1.
I want the Android phone, should I buy a Motorola Droid?
Droid and Android are very similar sounding names, but they are not the same thing. The Motorola Droid line of phones are a make and model name of particular devices. Android is a mobile operating system used in many different makes and model of smartphone.
Verizon and unions representing landline employees are working through issues such as job security, healthcare and retirement benefits.
Canada's communications regulator handed a partial victory on Tuesday to big Internet service providers by allowing them to charge lease fees based on the amount of capacity small providers use.
While Verizon is enjoying booming profits, some groups say that the company isn't paying its fair share of taxes.
AT&T is the leading Internet Service Provider among businesses in the United States, handily beating out rival Verizon.
Sprint Nextel is cutting prices on their 3G/4G data plans in order to better compete with its largest rivals, the company announced Monday.
Sprint Nextel cut broadband wireless prices for its fastest data service customers after just two weeks to better compete with rivals AT&T Inc and Verizon Wireless in the holiday shopping season.
The report suggests that African people are increasingly shifting to mobile communications because landline service is unreliable and too expensive.