Mergers and Acquisitions
Verizon Wireless to purchase Plateau Wireless
Verizon Wireless does not have any presence in the southwestern rural New Mexico area. So when the opportunity arose to purchase Plateau Wireless from Plateau Telecommunications, they made an offer that couldn’t be refused. Well, it could be refused if the FCC disallows the purchase, but that seems unlikely. Plateau Telecommunications ...
Motorola Mobility purchase by Google has been approved by the DOJ
The DOJ (Department Of Justice) has approved the Purchase of Motorola Mobility by Google. Google has been seeking this acquisition for quite a while in an effort to protect their Android operating system. Motorola holds many patents that will be helpful in preserving and defending the Android OS. The patents could ...
AT&T gives up on bid for T-Mobile
Today, AT&T has abandoned it plans to acquire T-Mobile from Deutsche Telekom. Because of the objections by the FCC and the additional pressure from the DOJ (Department Of Justice) AT&T has finally given up. Because of the DOJ, AT&T will be paying Deutsche Telekom $3 billion. AT&T will also be giving ...
Adtran to acquire broadband access business from Nokia Siemens Networks
Adtran announced it will buy the fixed-line broadband access business from Nokia Siemens Networks. A price has not been disclosed at press time but the sale is hoped to be final in April, 2012. As part of the sale 400 people will transfer to Adtran. This comes at an opportune time ...
Will T-Mobile be stronger if DOJ denies purchase by AT&T?
Other wireless companies had been fighting against AT&T’s proposed purchase of T-Mobile. MetroPCS, Leap and Sprint have been in line to be hurt by the purchase. They liked the smaller competitive company that would allow them to shine brighter. Without T-Mobile, the lower segment of the marketplace will be pushed even ...
AT&T acquisition of T-Mobile will create more than 100,000 jobs says CWA
Usually the large corporations and the unions that represent the workers of those corporations disagree on every topic. This is no usual circumstance: the Communications Workers of America (CWA) and AT&T are in a perfect harmony of agreement. The CWA is backing AT&T’s proposed purchase of T-Mobile. According to the union, ...
Ericsson is leaving cell phone business to Sony
Today, October 27th, LM Ericsson and Sony announced they are parting ways. Each of them owned 50% of the Sony Ericsson phone business. Sony bought out LM Ericsson’s share of the cell phone business for $1.6 billion. Evidently the shareholders on each side agree this is good for both companies and ...
Attorneys General from ten states support AT&T Purchase of T-Mobile
A lot of entities have been against the AT&T acquisition of T-Mobile since day one. Wireless companies spread their complaints to anyone who would listen and Sprint even filed a suit to block the sale in the U.S. District Court in the District of Columbia. The United States Department of Justice ...
Verizon is now supporting the AT&T acquisition of T-Mobile
Broadband Expert has been covering the AT&T attempted purchase of T-Mobile. I say attempted because everyone seems to be against the purchase here in the United States except T-Mobile. In the last development we wrote about, the Department of Justice filed a protest against the acquisition. The DOJ said if the ...
TMobile could be up the creek without AT&T
It looks like quite a few people think T-Mobile will be up the proverbial creek without a paddle. For over a year Deutsche Telekom has been looking for someone to take T-Mobile off their hands. DT stopped spending money and kept expansion of T-Mobile’s 4G LTE network to a minimum. That ...
