Deutsche Telekom (DT) is buying SunCom Wireless (TPC) for $1.6 billion. The German phone giant will pay $27 a share. TPC stock closed at $22 on Friday. SunCom has one million customers…
24/7 Wall St. mentioned a few days ago that Level 3 (LVLT) has traded off sharply this year, probably due to its huge level of junk debt. The company has been able…
Sprint (S) has come up with an unusually clever new business. It has set up deals with 30 retailers to allow customers to compare and buy nearly seven million products over phones…
Douglas A. McIntyre NTP, the same company that filed patent suits against RIMM, has filed claims against Verizon Wireless, AT&T (T) and Sprint (S). NTP won a $612.5 million judgment against the Blackberry maker. NTP…
Douglas A. McIntyre According to Reuters, Sony (SNE) will begin to launch new versions of it Blu-ray recorders in it battle against the HD DVD format. Reuters writes that Yahoo! (YHOO) has won exclusive rights…
On tonight’s MAD MONEY, Jim Cramer continued his ‘fantasy football draft pick’ methodology in picking stocks for a portfolio that will withstand a recession. Tonight after a strong market he wants to…
Piper Jaffray’s Gene Munster, who makes a living walking through AT&T (T) stores counting Apple (AAPL) iPhone sales says that the recent $200 price cut has increased unit sales by 300% from…
The Inquirer calls Apple’s (AAPL) iPhone the "Jesus" phone. According to the website, AAPL has signed a deal with 3G hardware provider Interdigital to provide the big consumer electronics company the pieces…
NTT Docomo (DCM), which has over half of Japan’s $78 billion wireless market, is cutting its basic fees in half Why? Smaller rivals KDDI and Softbank have brought down their charges. In…
According to comScore, Google (GOOG) has almost 124 million unique visitors in the US. The pageview number is much, much larger. GOOG division YouTube now serves over 100 million video streams per…
AT&T (T) was supposed to get a big benefit from selling the Apple (AAPL) iPhone. But, AAPL may have turned that on its head. With iPhones and iPods that have WiFi access,…
Reuters is quick to point out that cable companies, which use to be good defensive plays in choppy markets, may be losing that distinction. Maybe. The old notion was that when the…
There are only so many people who can own a cellphone. In Europe and the US, that number is no longer growing quickly. America’s three largest cellular carriers, Sprint (S), AT&T (T),…
Apple’s (AAPL) was the top selling smartphone in the US during July, according to iSuppli. The handset was also 1.8% of all cell phone unit sales for the month. According to Reuters:…
Shares of both China Mobile (CHL), the largest Chinese cell company, and No.2 China Unicom (CHU) both sit at 52-week highs. And, no wonder. China Unicom now has almost 151 million subscribers,…
Douglas A. McIntyre