MetroPCS Communications Inc. shareholders approved a sweetened deal to merge with Deutsche Telekom AG’s T-Mobile USA in a crucial vote that gives the German company a chance to revive its U.S. business.
The U.S. debut of Samsung Electronics Co.’s flagship Galaxy S4, originally slated to go on sale on T-Mobile USA Inc.’s website this morning, will be pushed back because of inventory delays, dealing a setback to a smartphone that garnered lukewarm reviews today.
AT&T Inc., the largest U.S. phone company, dropped the most in almost three years as first-quarter revenue missed analysts’ estimates, dragged down by a sluggish landline business and competition with Verizon Wireless.
BlackBerry, the Canadian smartphone maker, expects to start selling its new Q10 keyboard-equipped model in the U.S. by the end of May for about $249, a price that’s $50 more than Apple Inc.’s top-selling iPhone 5.
Clearwire Corp., the money-losing wireless-service provider, scheduled a shareholder meeting next month to vote on Sprint Nextel Corp.’s $2.97-a-share takeover offer, a transaction it has urged investors to approve.
Nokia Oyj, the Finnish mobile-phone maker trying to win back users from Apple Inc. and Samsung Electronics Co., struck a deal to get Verizon Wireless to sell its new smartphone, said two people familiar with the plan.