Wikimedia CommonsAT&T Inc. (NYSE: T) reported second-quarter 2013 results after markets closed today. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.67 on revenues of $32.1 billion. In the same…
courtesy of VerizonVerizon Communications Inc. (NYSE: VZ) today reported second-quarter 2013 results before markets opened this morning. The telecom giant reported adjusted diluted quarterly earnings per share (EPS) of $0.73 on revenues of $29.79…
courtesy of Nokia Corp.Nokia Corp. (NYSE: NOK) reported second-quarter 2013 results before markets opened this morning. The mobile handset maker’s adjusted earnings broke even on revenues of €5.7 billion (about $4.37 billion). In the…
courtesy of Sprint Corp.Last week we showed that Sprint Nextel Corp. (NYSE: S) was given tremendous upside from analysts. Now there is another huge analyst call, but one calling for downside that may attract…
Wikimedia CommonsLast Friday’s announcement that AT&T Inc. (NYSE: T) would acquire Leap Wireless International Inc. (NASDAQ: LEAP) for a total of $1.2 billion in cash ($15 a share) is not a done deal yet,…
Wikimedia CommonsAT&T Inc. (NYSE: T) will buy Leap Wireless International Inc. (NASDAQ: LEAP) in a deal that 24/7 Wall St. anticipated months ago when Leap was put on the “Ten Brands That Will Disappear…
ThinkstockFabless semiconductor firm Spreadtrum Communications Inc. (NASDAQ: SPRD) and China’s Tsinghua Unigroup announced today that the two companies have agreed to a merger under which Tsinghua will pay $31 per American depositary share (ADS)…
courtesy of SamsungT-Mobile has set a plan to turn itself around in the United States. The effort will not be a success. Its service record it too poor and the public’s perception of it…
ThinkstockThe price that Softbank has agreed to pay for Sprint Nextel Corp. (NYSE: S) has killed its credit rating, which will make it more difficult to raise money. S&P cut its Softbank rating to…
courtesy of Nokia Corp.Partners in huge global joint ventures rarely drop out of them if they believe the future is positive. Nokia Corp. (NYSE: NOK) bought Siemens out of a joint venture that builds…
courtesy of Sprint Corp.There has never been much question that the value of Clearwire Corp. (NASDAQ: CLWR), either to Sprint Nextel Corp. (NYSE: S), Dish Network Corp. (NASDAQ: DISH), or SoftBank, lay in the…
courtesy of SamsungFor the three months ending in May 2013, Samsung Electronics closed the market share gap slightly between itself and Apple Inc. (NASDAQ: AAPL) in the U.S. market. Apple’s share of smartphone sales…
Courtesy Research in Motion Ltd.Shares of BlackBerry (NASDAQ: BBRY) are sure to take a serious beating today following a dismal earnings report for the first quarter of its 2014 fiscal year and an outlook…
ThinkstockOnce Japan’s SoftBank received stockholder approval for its acquisition of Sprint Nextel Corp. (NYSE: S), it was only a matter of time before Dish Network Corp. (NASDAQ: DISH) gave up its bid for Clearwire…
ThinkstockChina’s Tsinghua Unigroup Ltd. this morning made a non-binding offer to acquire Spreadtrum Communications Inc. (NASDAQ: SPRD) for $28.50 per ADS in cash in a deal worth about $1.4 billion. Spreadtrum is a China-based…