Globalstar Inc., the provider of satellite-phone services that’s traded below $1 since 2011, now offers investors the chance for returns of at least 30 percent in a takeover thanks to its coveted airwaves.
Deutsche Telekom AG’s proposal to buy MetroPCS Communications Inc. will probably win approval from U.S. regulators who are wary of the market power wielded by industry leaders Verizon Wireless and AT&T Inc.
The U.S. Commodity Futures Trading Commission, facing an Oct. 12 start date for a slate of derivatives rules, is being bombarded with requests from lobbying groups to ease or delay the Dodd-Frank Act measures.
Telecommunications companies want President Barack Obama’s administration to rethink a decision that may exempt Google Inc.’s Gmail, Apple Inc.’s iPhone software and Microsoft Corp.’s Windows from an executive order on cybersecurity.
The U.S. Federal Communications Commission may seek to approve, without holding a vote, Deutsche Telekom AG’s proposal to combine its T-Mobile USA unit with MetroPCS Communications Inc., a deal critic said.
President Barack Obama named Tom Wheeler, a venture capitalist and former leader of cable and wireless trade groups, to head the U.S. Federal Communications Commission, where he may focus on nurturing mobile technology.
AT&T Inc.’s $39 billion bid for T- Mobile USA Inc. faces a new roadblock as Federal Communications Commission Chairman Julius Genachowski asked commissioners to send the proposal to an agency judge for a hearing.