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Clearwire and Sprint's big bet on Wimax is now officially on its way, as the two have completed the deal to combine their Wimax (what they call 4G) efforts. The announcement came today on a lazy Thanksgiving Friday, and more details will be announced on Monday. With the closing, Sprint ( NYSE: S...
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So, Twitter still believes it can figure out how to generate some revenues. Kara Swisher is reporting that the rumors about Facebook acquiring Twitter were not only true, but that talks between the microblogging company and the social-network site broke down three weeks ago. The social net was offering...
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Clearwire ( NSDQ: CLWR ) shareholders approved the company's merger with Sprint's WiMax business today during a special meeting. Clearwire said it's on pace to close the transaction by the end of the year, at which point the new Clearwire will receive $3.2 billion in fresh capital from Intel...
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In a major move and a first by a Japanese telco into India, NTT DoCoMo ( NYSE: DCM ) is taking a 26 percent stake in local telco giant Tata Teleservices, for a price of $2.7 billion. This is surely to spur more rivalry with other local giants like Reliance, Vodafone ( NYSE: VOD ) and Airtel, and help...
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Verisign, which recently sold off its Jamba mobile content division to News Corp ( NYSE: NWS ) for $200 million, still has a number of divisions that are up for sale, including some in mobile/telecom sector. A list of them is detailed in its 10-Q for Q308, filed late last week. They include: -- Messaging...
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Clearwire's CEO Ben Wolff provided an update on the company's pending merger with Sprint's WiMax business during the company's third-quarter conference call. Following the FCC's approval of the deal last week, Wolff said the only approvals left to get are from Clearwire's shareholders...
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A week after the FCC approved Clearwire's acquisition of Sprint's WiMax business, the Kirkland, Wash.-based company released Q3 financial results today. In a release, Clearwire's CEO Ben Wolff acknowledged the FCC approval, and said the merger is on target to close by the end of the year...
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As Verizon ( NYSE: VZ ) Wireless' acquisition of Alltel ( NYSE: AT ) nears, AT&T makes a buy of its own—but it won't be enough to retain the No. 1 spot in the U.S. AT&T said today that it plans to acquire Centennial Communications Corp, a rural carrier that operates in Midwest and Southeast...
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inCode, a wireless consultant to carriers, has completed a management buyout from VeriSign ( NSDQ: VRSN ). Going forward, inCode will be an independent company that will continue its focus on advising carriers and helping to deploy new wireless services. Previous projects include strategies on MVNOs...
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AT&T ( NYSE: T ) has acquired Wi-Fi network operator Wayport for $275 million. The deal expands AT&T's Wi-Fi network to nearly 20,000 hotspots in the U.S. by adding locations at some Wyndham, Marriott Vacation Club and Four Seasons hotels; HealthSouth and Sun Healthcare locations; plus McDonald's...
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In a critical day for the wireless industry, the FCC made three sweeping decisions today, pushing through two mergers and the approval of the controversial white spaces issue, which will allow for an alternative U.S. wireless broadband network. Perhaps, the Republican-led FCC felt it could spend all...
Posted to
Pocket.info - Mobile 2.0
by
mocoNews.net
on
11-04-2008
Filed under:
Filed under: 61, 514, 513, 20, 1, 13, 70, 375, 27, 376, 704, 713, 814, 849
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As expected, the FCC has approved two major wireless deals: Verizon's acquisition of Alltel ( NYSE: AT ), thereby creating the country's largest wireless carrier, and Sprint's plan to spin off and merge its WiMAX network with Clearwire ( NSDQ: CLWR ). The approvals aren't much of a surprise...