Verizon (VZ) had two piece of news for investors today. The first is that it fiber-to-the-home cable killer, FiOS is being built out faster than expected. All 18 million of the homes…
According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown. Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion. Reuters reports that…
The big wireless merger has gone through. Under the terms of the agreement, Verizon Wireless will acquire the equity of Alltel for approximately $5.9 billion. Based on Alltel’s projected net debt at…
Word from Vodafone (VOD), which owns part of Verizon Wireless, and other sources is that Verizon is looking at a purchase of Alltel, another cellular carrier. TPG Capital and Goldman Sachs Capital…
Alltel may soon be acquired by Verizon Communications Inc. (NYSE: VZ), according to a breaking news report from CNBC‘s David Faber. Faber just noted that the companies are in advanced talks to…
Sprint (S) put out promising news. Along with Clearwire (CLWR) and an investor group with big tech companies like Google (GOOG) and Intel (INTC), the wireless company will build a 4G network…
Sprint (NYSE: S) was dead and being lowered into the grave when the big firms which really hate the phone companies came in and exhumed it At this point Verizon Wireless and…
Wall St. said WiMax was dead. Sprint (NYSE: S) which was going to build a $5 billion network for its broadband wireless network did not have the capital. Neither did start-up Clearwire…
All of the rumored good news out of Sprint (S) took the stock on a magic carpet ride yesterday. First there were reports that Deutsche Telekom (DT) might buy the whole company.…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper to Blackrock. Reuters writes that Bernanke says that high foreclosure rates are…
Sprint (NYSE: S) may have found a buyer. The interested party is German phone giant Deutsche Telekom NYSE: DT). DT owns the fourth largest cellular carrier in the US. Sprint has the…
Comcast (CMCSA) had a very good quarter, and did especially well taking phone customers from its Bell rivals. Revenue was up 14% to 8.389 billion. Operating income moved up 23% to $1.555…
Most research from Gartner, IDC, and Yankee Group, firms which follow tech trends, shows that people do not want to watch video on their phones. The picture quality is awful. No one…
Cablevision (CVC) is apparently looking at buying Long Island newspaper Newsday with Jared Kushner, a rich youngster who owns the tiny weekly The New York Observer. As far any anyone knows, the…
Verizon (VZ) had a quarter which indicated that no matter what is wrong with the economy people are still subscribing to cellular service. Revenue at the phone company rose 5.5% to $23.8…
