Clearwire shareholder Crest Financial has hired proxy-solicitation firm D.F. King & Co. to help it fight the proposed takeover of Clearwire by majority owner Sprint.
Noting that it is the largest Clearwire (Bellevue, WA, USA) shareholder currently unaligned with Sprint (Overland Park, KS, USA), Crest (Dallas, TX, USA) has also demanded that Clearwire make available the company’s list of shareholders.
T-Mobile USA and MetroPCS have announced that Timotheus Hoettges will chair the board of the combined company on completion of their merger.
Hoettges currently serves as chief financial officer of Deutsche Telekom (Bonn, Germany), T-Mobile USA’s parent company, but is set to take over from Rene Obermann as the German operator’s chief executive at the beginning of 2014.
Obermann is moving to Dutch cable company Ziggo (Utrecht, Netherlands), having expressed a desire to be more involved in “operational activities” than he has been as Deutsche Telekom’s boss.
Large telecommunications companies and Internet providers succeeded in convincing an advisory panel that the U.S. government should not pursue enforcement of security measures meant to bolster their defenses against the growing threat of cyber attacks, according to a report released late on Monday.
EBay Inc shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company's PayPal business.
MasterCard Inc (Purchase, NY, USA), one of the largest payment networks, said earlier this year that it plans a new fee for digital wallet operators like PayPal (San Jose, USA) starting in June.
The actual dollar amount PayPal ends up paying may not be that large, analysts say.
Now in its 6th year, the DAS & Small Cells Congress agenda addresses the business and technical challenges and opportunities, and attracts hundreds of senior-level attendees from wireless carriers, OEMs, system integrators, and a host of enterprise end-users from a variety of environments, including universities, sporting stadiums, healthcare, and hospitality.
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.