MetroPCS Communications Inc fought back against shareholder criticism of its proposed merger with T-Mobile USA on Tuesday, the same day that the U.S. Federal Communications Commission approved the deal.
A shareholder vote on April 12 on the merger is one of the last remaining obstacles to the deal. While analysts had widely expected regulatory approval for the deal the outcome from the shareholder meeting has been more difficult to predict.
BlackBerry shares rose 14 percent on Monday, fueled by takeover speculation and news that AT&T Inc will start selling the new BlackBerry Z10 touchscreen smartphone in the United States on March 22.
The speculation was sparked by a comment from the head of China's Lenovo Group Ltd (Hong Kong), who told a French newspaper on Monday that the personal computer maker might consider an acquisition of Canada's BlackBerry (Waterloo) at some point in the future.
The French telecoms regulator ARCEP said it had asked prosecutors to investigate Microsoft Corp's Skype for failing to register as a telecom operator.
Skype (Luxembourg City, Luxembourg) has not complied with the regulator's repeated requests to register as an "electronic communications operator", ARCEP said in a statement on Tuesday.
The regulator said that since Skype let users make voice calls to fixed and mobile numbers in France and around the world, it had an obligation to allow emergency calls and permit legal interception of calls when required.
Fast, efficient mobile payments could be a huge boon to business but companies must ensure customer data is safe and provide users with recourse in case of fraudulent or incorrect billing, the Federal Trade Commission said in a report on Friday.
The commission also urged every company in the mobile payment chain to track payments so customers know who to contact if there is an error; to tell customers what data is collected and why; and allow customers to block all third-party charges.
As the world goes increasingly mobile, payment companies are getting into the act.
CeBIT revealed fine points in satellite communications for asset-tracking development as two service providers introduced new dual-mode equipment. Dual-mode communication modules offer GSM connectivity to pure satellite communications, which is expensive and can have latency issues, and are quickly becoming standard in the logistics sector, especially when perishable cargo is involved.
Driven by increased consumer expectations for mobile broadband, solving operator problems by adding small cells to more traditional network topographies in outdoor environments was a recurring theme at this year’s Mobile World Congress. A roundup of some of the backhaul news from the shows follows.
T-Mobile USA, the fourth biggest U.S. mobile service provider, said on Friday that it would start selling the highly anticipated and much delayed BlackBerry Z10 touchscreen smartphone to its business customers on March 11.
The U.S. unit of Deutsche Telekom said business customers could get delivery of the device by the end of next week. It declined to give a date for the consumer launch except to say that it would be before the end of March.
As spring approaches in the Rocky Mountains, the Cable and Telecommunications industry is preparing for the premiere, annual networking event, formerly known as SkiTAM. This year, the event will take place Thursday, April 4 through Sunday, April 7 in Vail, Colorado.
Verizon Communications Inc has weighed several options involving its relationship with Vodafone Group Plc and its joint ownership of Verizon Wireless ranging from ending its wireless venture with the European company to a full merger with Vodafone, Bloomberg reported.
The U.S. and UK mobile-phone operators discussed a full combination as recently as December, according to Bloomberg, which cited people familiar with the situation.
Qualcomm Inc, the world's leading supplier of chips for cellphones, said it was raising its quarterly cash dividend by 40 percent and introduced a new $5 billion stock repurchase program, sending its shares higher in premarket trading.
The quarterly dividend will increase to 35 cents per share from 25 cents.
The $5 billion stock repurchase program, which has no expiration date, replaces a $4 billion buyback program. About $2.5 billion of "repurchase authority" had been remaining on the previous buyback program.