Vodafone Group Plc approached Kabel Deutschland Holding AG to discuss acquiring the German cable operator, a target worth at least $9.5 billion that would help the wireless carrier expand in the broadband and TV market.
Dish Network Corp., the satellite-TV provider controlled by billionaire Charlie Ergen, topped Sprint Nextel Corp.’s bid for Clearwire Corp. in a move that may support its separate offer to purchase Sprint itself.
When AT&T Inc. halted unlimited wireless data plans this month, the company said 98 percent of smartphone users would save money with its new pricing. The savings may vanish for half its users by 2013, one analyst said.
Traders see growing risk in the debt of U.S. Cellular Corp., whose ability to compete with AT&T Inc. and Verizon Communications Inc. is hampered by the costs of subsidizing the pricier smartphones sought by consumers.
Verizon Wireless is doubling the size of smartphone data plans to compete for customers and save on capital spending for older wireless technology, Verizon Communications Inc. Chief Financial Officer Fran Shammo said.