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NEWS
November 10, 2011 | By Peter Svensson, ASSOCIATED PRESS
NEW YORK - New plans at T-Mobile USA helped the struggling No. 4 carrier stabilize its business in the third quarter after dismal results earlier this year. The improvement comes as AT&T Inc.'s deal to buy T-Mobile from its German parent Deutsche Telekom AG has hit a roadblock in Washington. The Justice Department sued to stop the deal in August, saying it will reduce competition in the industry. T-Mobile USA on Thursday said it gained a net 126,000 subscribers in the July to September period after three quarters of losses.
NEWS
November 4, 2011 | ASSOCIATED PRESS
NEW YORK - AT&T says the deal to buy T-Mobile USA may take until the middle of next year to close, three months later than originally envisioned, as it fights antitrust regulators. AT&T announced the $39 billion acquisition in March, saying it hoped to complete it in a year. But in August, the Justice Department filed a lawsuit to stop the deal, saying it could harm consumers by reducing competition and raising prices. The case goes to trial on Feb. 13. Analysts give AT&T Inc. little chance of defeating the Justice Department and getting the deal through.
NEWS
September 17, 2011
Pennsylvania and five other states joined a federal lawsuit Friday seeking to block AT&T Inc.'s acquisition of T-Mobile USA Inc., saying the proposed $39 billion deal would hurt competition and raise wireless-phone prices. The Justice Department's antitrust suit contends that the merger of the two companies, which would make AT&T the biggest wireless carrier and cut the number of national competitors to three from four, is anticompetitive. The other states joining the amended complaint were New York, Massachusetts, Washington, Ohio, and Illinois.
BUSINESS
June 27, 2012 | By Jeff Gelles and INQUIRER STAFF WRITER
A spectrum exchange between Verizon Wireless and T-Mobile USA would improve T-Mobile's service in Philadelphia and other cities, enhance both carriers' national networks, and erase T-Mobile's objections to a controversial, earlier deal between Verizon and a consortium of cable companies. But the agreement between the nation's first- and fourth-place mobile carriers prompted consumer advocates and a leading telecommunications union to repeat criticism of the earlier pact, which links Verizon with a group of cable companies led by Comcast Corp.
NEWS
November 25, 2011 | By Tiffany Hsu and Jim Puzzanghera, Los Angeles Times
LOS ANGELES - The end might be near for AT&T Inc.'s proposed $39 billion purchase of T-Mobile USA Inc. Facing growing opposition, AT&T announced Thursday that it was withdrawing its merger plan from further consideration by the Federal Communications Commission. Instead, it said it would concentrate on winning approval from the U.S. Justice Department, which sued to stop the purchase. And, in case the deal collapses, the company said it was setting aside the $4 billion it would owe in breakup fees to T-Mobile's German owner, Deutsche Telekom.
BUSINESS
September 18, 2007 | By Bob Fernandez INQUIRER STAFF WRITER
Michael E. Kalogris, the cell phone entrepreneur who negotiated to save SunCom Wireless Holdings Inc. from bankruptcy as he recovered from a near-fatal car accident, has sold the Berwyn company to T-Mobile USA Inc. for $2.4 billion in cash and debt. T-Mobile is a subsidiary of Germany's Deutsche Telekom AG, and the SunCom deal will boost T-Mobile's coverage in the Carolinas and other parts of the South, and in Puerto Rico. T-Mobile said it would pay $27 a share for SunCom, a 23 percent premium over Friday's close.
BUSINESS
February 23, 2012 | By Peter Svensson, Associated Press
NEW YORK - T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is urging the federal government to block another deal in the wireless world: Verizon's planned purchase of spectrum from cable companies for $3.9 billion. In a filing late Tuesday, T-Mobile USA said the Federal Communications Commission should stop the deal among Verizon Wireless, Comcast Corp., Time Warner Cable Inc., Bright House Networks, and Cox Communications because it would place an "excessive concentration" of wireless spectrum in Verizon's hands.
BUSINESS
December 15, 2009 | By Bob Fernandez INQUIRER STAFF WRITER
Towerstream Corp. has launched a high-speed wireless service for professional firms and small businesses in Center City, one of several companies investing in the wireless sector in Philadelphia. AT&T Inc. recently expanded its wireless phone network into Philadelphia's subway system for daily riders, and Sprint Nextel, Clearwire, and Comcast Corp. began selling next-generation wireless Internet service in the region. T-Mobile USA Inc. said yesterday it added wireless service in the Market East station and the City Hall station on the Broad Street line, two of the busiest stations on the subway system.
NEWS
March 22, 2011 | By Maria Panaritis, Inquirer Staff Writer
Higher prices may lie ahead if AT&T successfully merges with smaller but spunkier counterpart T-Mobile, consumer advocates warned Monday, because the $39 billion deal would wipe out one of the wireless market's more notable low-cost players. For consumers in the Philadelphia region, of particular concern may be whether T-Mobile retains high marks from users, given that T-Mobile and behemoth Verizon scored well ahead of AT&T in a recent regional survey, said Paul Reynolds, electronics editor of Consumer Reports in Yonkers, N.Y. But in the iPhone race, T-Mobile contract-holders eager to switch to the popular smartphone could find themselves with an option, given Apple's exclusive relationships with AT&T and Verizon.
BUSINESS
August 23, 2012 | By Todd Shields, Bloomberg News
Verizon Wireless' proposal to buy unused airwaves from cable providers led by Comcast Corp. has enough votes to win regulatory clearance from the Federal Communications Commission, agency officials say. The five-member agency's two Republican commissioners have cast electronic votes to approve the $3.6 billion deal, joining Democratic chairman Julius Genachowski, said two FCC officials who declined to be identified because the tally has not been...
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BUSINESS
July 3, 2014 | By Jeff Gelles, Inquirer Staff Writer
The charges were for services such as flirting tips, horoscopes, and antivirus scans. They typically cost T-Mobile subscribers $9.99 a month, including prepaid customers who never received bills showing them. And the Federal Trade Commission says they were often bogus, bringing hundreds of millions of dollars in ill-gotten gains to the nation's No. 4 carrier. On Tuesday, the FTC filed suit against T-Mobile USA, seeking refunds for consumers it says were hit with unauthorized third-party charges on bills from 2009 until November - a practice known as "cramming.
BUSINESS
October 28, 2013 | By Jeff Gelles, Inquirer Columnist
If you didn't see any reason for high-fives two years ago when the Justice Department and Federal Communications Commission blocked AT&T's $39 billion plan to acquire T-Mobile USA, chances are you had plenty of company. The agencies warned that the merger would weaken competition and hurt consumers - arguments that can seem abstract to people outside the antitrust realm. Sure, T-Mobile was a price leader among the four national carriers that survive earlier consolidation. But, as merger partners always do, the companies claimed their marriage would help consumers, too. Who's to say who's right?
BUSINESS
August 23, 2012 | By Todd Shields, Bloomberg News
Verizon Wireless' proposal to buy unused airwaves from cable providers led by Comcast Corp. has enough votes to win regulatory clearance from the Federal Communications Commission, agency officials say. The five-member agency's two Republican commissioners have cast electronic votes to approve the $3.6 billion deal, joining Democratic chairman Julius Genachowski, said two FCC officials who declined to be identified because the tally has not been...
BUSINESS
June 27, 2012 | By Jeff Gelles and INQUIRER STAFF WRITER
A spectrum exchange between Verizon Wireless and T-Mobile USA would improve T-Mobile's service in Philadelphia and other cities, enhance both carriers' national networks, and erase T-Mobile's objections to a controversial, earlier deal between Verizon and a consortium of cable companies. But the agreement between the nation's first- and fourth-place mobile carriers prompted consumer advocates and a leading telecommunications union to repeat criticism of the earlier pact, which links Verizon with a group of cable companies led by Comcast Corp.
BUSINESS
February 23, 2012 | By Peter Svensson, Associated Press
NEW YORK - T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is urging the federal government to block another deal in the wireless world: Verizon's planned purchase of spectrum from cable companies for $3.9 billion. In a filing late Tuesday, T-Mobile USA said the Federal Communications Commission should stop the deal among Verizon Wireless, Comcast Corp., Time Warner Cable Inc., Bright House Networks, and Cox Communications because it would place an "excessive concentration" of wireless spectrum in Verizon's hands.
BUSINESS
December 20, 2011
In the Region Sprint sues Comcast on patents Sprint Nextel Corp. accused Philadelphia-based Comcast Corp. , along with Time Warner Cable Inc. , Cable One Inc. , and Cox Communications Inc. of infringing patents related to transmitting phone calls over digital lines. Sprint filed separate lawsuits in federal court. It claims the companies are using technology it patented in the 1990s for transmission of voice data packets. The 12 patents include some that were asserted against Vonage Holdings Corp.
BUSINESS
December 1, 2011 | By Jeff Gelles, Inquirer Columnist
Calls from WiFi hot spots that don't count against your minutes. Unlimited calls to a list of your favorite contacts. Shared family data plans. "Soft" data caps that slow downloads and uploads by heavy data consumers without slapping them with huge overage fees. Those are just a few of the innovations that T-Mobile has brought to the U.S. wireless market in recent years, according to a report by Federal Communications Commission staffers who reviewed AT&T Inc.'s proposed $39 billion acquisition of T-Mobile USA Inc. If there were ever any real wonder why AT&T wanted to swallow up T-Mobile - and there really shouldn't have been - the FCC has done a good job of laying it to rest.
NEWS
November 25, 2011 | By Tiffany Hsu and Jim Puzzanghera, Los Angeles Times
LOS ANGELES - The end might be near for AT&T Inc.'s proposed $39 billion purchase of T-Mobile USA Inc. Facing growing opposition, AT&T announced Thursday that it was withdrawing its merger plan from further consideration by the Federal Communications Commission. Instead, it said it would concentrate on winning approval from the U.S. Justice Department, which sued to stop the purchase. And, in case the deal collapses, the company said it was setting aside the $4 billion it would owe in breakup fees to T-Mobile's German owner, Deutsche Telekom.
NEWS
November 10, 2011 | By Peter Svensson, ASSOCIATED PRESS
NEW YORK - New plans at T-Mobile USA helped the struggling No. 4 carrier stabilize its business in the third quarter after dismal results earlier this year. The improvement comes as AT&T Inc.'s deal to buy T-Mobile from its German parent Deutsche Telekom AG has hit a roadblock in Washington. The Justice Department sued to stop the deal in August, saying it will reduce competition in the industry. T-Mobile USA on Thursday said it gained a net 126,000 subscribers in the July to September period after three quarters of losses.
NEWS
November 4, 2011 | ASSOCIATED PRESS
NEW YORK - AT&T says the deal to buy T-Mobile USA may take until the middle of next year to close, three months later than originally envisioned, as it fights antitrust regulators. AT&T announced the $39 billion acquisition in March, saying it hoped to complete it in a year. But in August, the Justice Department filed a lawsuit to stop the deal, saying it could harm consumers by reducing competition and raising prices. The case goes to trial on Feb. 13. Analysts give AT&T Inc. little chance of defeating the Justice Department and getting the deal through.
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