Only people can solve consumer complaints
The Department of Justice (DOJ) has gone national in its lawsuit against the proposed merger of AT&T and T-Mobile.
The DoJ opposes the $39-billion deal, largely on anti-trust grounds, but also cited that such a transaction would cost thousands of jobs -- in an economy that simply cannot withstand anymore job losses.
The combination would also cut down the number of big-time players in the sector to just three: AT&T, Verizon (NYSE: VZ), and Sprint Nextel (NYSE: S).
Now that the U.S. Justice Department is trying to sink the $39 billion takeover of T-Mobile USA by AT&T, what could happen to major suppliers like Alcatel-Lucent and Ciena?
Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
Australia's dominant phone company, Telstra Corp, will be $5 billion better off working with the government's new high-speed broadband network than competing against it, an independent expert said, paving the way for shareholder approval.
A general counsel at AT&T said the company will fight an antitrust lawsuit suit the Department of Justice filed on Wednesday. Wayne Watts, who serves as both senior executive vice president and general counsel for AT&T, said the lawsuit from the Justice Department has surprised and disappointed him, especially in light of the fact that the government agency gave no indication that it was planning to take such actions.
Talks resumed Wednesday between Verizon Communications and the unions representing 45,000 landline workers. Unease is said to be growing among many workers, however, who don't think they should have gone back to work.
The Justice Department said its move is to ensure that competition remains and that everyone to include consumers, businesses and the government continues to get high quality, competitively priced mobile wireless products and services.
NASA's space shuttles may be stationary but they continue to race ahead with research and development as they prepare to fly a laser communications system in an aim to test high definition television from Mars.
Disruption of cell phone service by a rare East Coast earthquake on Tuesday prompted renewed calls for Congress and regulators to provide a dedicated wireless network for emergency workers.
How did Verizon keep its network up? By deploying all the tech tools it owns.
Skype buys GroupMe, Verizon's 45,000 striking workers head back to work, rebel action in Libya affects oil prices, and more in today's Companies Roundup
Much of the criticism against the corporation by the union has focused on the huge profits Verizon has generated in recent years and the large compensation paid out to its top executives.
The Verizon strike is coming to an end, as 45,000 picketing landline workers end two weeks of holdouts and return to work beginning Monday night. They have not yet agreed to a new contract, but they have agreed to negotiate with the company, and the company says it will focus on the core issues at hand in talks -- which is a good thing, both parties say.
The Verizon strike is coming to an end, as 45,000 picketing landline workers end two weeks of holdouts and return to work beginning Monday night. They have not yet agreed to a new contact, but they've agreed to negotiate with the company, and the company says it will focus on the core issues at hand in talks -- and that's a good thing, both parties say.
Verizon landline workers are expected to return to work Monday night, without a new agreement, after striking for two weeks.
Verizon Communications Inc. announced on Saturday that their workers have ended their two-week strike and agreed to return to work from Tuesday under previous contract.
Verizon and two striking unions agreed to talk after a two-week strike. Here's why.
Almost half of the workers in Verizon's wireline business went on strike on August 7 after talks for a new labor pact failed when their contract expired.
