US spectrum sale must spur wireless competition - Justice Department

Reuters

Smaller wireless carriers should be able to get a fair share of spectrum in the forthcoming U.S. auction to ensure the market is competitive, the Justice Department told the Federal Communications Commission in a filing made public on Friday.

The filing underlines the high value of the low-frequency spectrum that will be auctioned off, and delivers a blow to the two largest U.S. providers, Verizon Communications Inc (New York City, NY, USA) and AT&T Inc (Dallas, TX, USA) , in their efforts to acquire those airwaves.

Deutsche Tel deal change paves way to cut US exposure

Reuters

Sweetening the terms of a U.S. merger not only improves Deutsche Telekom's chances of getting a deal done, but may also pave the way for what some investors and bankers think it really wants - to reduce its exposure to a highly competitive market.

The German group's T-Mobile USA (Bellevue, WA, USA) unit lacks the critical mass to take on bigger U.S. rivals Verizon (New York City, NY, USA), AT&T (Dallas, TX, USA) and Sprint (Overland Park, KS, USA) and has been losing market share.

TC3 2013: Telecom Council Carrier Connections

Date
Start Date: 
Wednesday, September 18, 2013
End Date: 
Thursday, September 19, 2013

Sunnyvale, CA:

Join 300+ of telecom's top decision makers for our annual 2-day Summit - the premier telecom innovation event of the year - which highlights the relationship between the companies building communication networks, with the people and ideas that are creating it. Participants will review 40+ new innovations, award 8 outstanding new startups, connect with 300+ contributing executives, and hear directly from 20 global carriers, how their innovation programs work.

Autotech Council: Safety & ADAS

Date
Start Date: 
Friday, June 14, 2013
End Date: 
Friday, June 14, 2013

San Jose, CA:

Today’s meeting will talk about Safety & ADAS, along with various government and industry-sponsored research programs and new products and services. Much of the enabling technology is available, so our discussion will focus on products and services that are implementing and relying on this short-range communication, and as always we include several start-up demos to supplement the perspective of major vendors and OEMs.

Google, AT&T target Austin for high-speed internet

Reuters

Google Inc said on Tuesday it plans to bring its ultra high-speed Internet and television service to Austin, Texas, next year, prompting AT&T Inc to reveal its own plans to follow suit - if it gets the same terms from local authorities.

AT&T (Dallas, TX, USA) appeared to be making a political point to highlight the heavy regulations that encumber traditional phone companies, analysts said.

PayPal tests merchant financing as Kabbage raises debt

Reuters

EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces.
PayPal (San Jose, CA, USA) has already tested a financing program for eBay sellers in the UK and it plans similar tests in the United States this year, a company spokesman said on Tuesday.

Ericsson says to buy Microsoft IPTV business

Reuters

Telecom equipment maker Ericsson said on Monday it had struck a deal to buy Microsoft Corp's Mediaroom IPTV business, which makes software used by phone companies to deliver television over the Internet.

Ericsson (Stockholm, Sweden) said in a statement the deal would make the company, the world's biggest mobile networks maker, the leading provider of IPTV.

Exclusive: Deutsche Telekom mulls improving MetroPCS offer - sources

Reuters

Deutsche Telekom AG is looking into improving the terms of a proposed merger of its T-Mobile USA unit with MetroPCS Communications Inc as a last resort to win over shareholders ahead of a vote on the deal next week, two people familiar with Deutsche Telekom's thinking said on Thursday.

The board of the Bonn-based company is divided on whether to sweeten the terms of the cash and share deal to secure approval at a MetroPCS (Richardson, TX, USA) shareholder vote on April 12 and is hoping it could still avoid any change, the people said.

Verizon denies interest in Vodafone bid

Verizon has rebuffed reports that it is planning a joint bid with AT&T for UK operator Vodafone.

Earlier this week, the UK’s Financial Times newspaper cited “usually reliable people” as saying that AT&T (Dallas, TX, USA) and Verizon (New York City, NY, USA) were preparing a complex $245 billion bid that would see Verizon take full control of Verizon Wireless – its mobile joint venture with Vodafone (Newbury, UK) – while AT&T acquired the rest of Vodafone’s assets.

MetroPCS promotes T-Mobile deal after advisers pan it

Reuters

MetroPCS Communications Inc urged shareholders to support its proposed merger with Deutsche Telekom AG's unit T-Mobile USA after two proxy advisory firms recommended that shareholders vote against it.

Proxy advisers Glass Lewis (San Francisco, CA, USA) and ISS (Rockville, MD, USA) have backed efforts by two key activist investors to block the deal by recommending that shareholders vote against it at a special meeting on April 12.

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