Unless Deutsche Telekom AG is prepared to abandon another attempt to exit the U.S. market, it has to sweeten the terms of its $33 billion deal to combine T- Mobile USA Inc. with MetroPCS Communications Inc.
Nomura Holdings Inc ., Japan’s biggest brokerage, hired Michael McCormack of JPMorgan Chase & Co . as a managing director and senior analyst covering the telecommunications and cable television industries.
Dish Network Corp. Chairman Charlie Ergen, a former Las Vegas card-player, says he’s prepared to build a wireless-Internet network from the ground up. The company’s stock shows investors are betting that it’s a bluff.
Dish Network Corp., the second-largest U.S. satellite-television provider, reported a 34 percent drop in profit after revenue per customer missed some analysts’ estimates and programming costs increased.
A strike of about 45,000 Verizon Communications Inc. workers continued for a second day as the New York-based phone company struggled to make progress in talks with labor unions, signaling a standoff may be prolonged.
CenturyLink Inc. , the Louisiana- based fixed-line phone and Internet company, agreed to buy Savvis Inc. for $2.5 billion to add services that let business customers store and access data and applications online.
Cablevision Systems Corp., the fifth-largest U.S. cable provider by subscribers, declined the most in two months after saying free cash flow will be lower this year because of an increase in capital expenditures.