If you thought HTC Corp.'s Touch Diamond felt and looked better than its predecessors, that was the company's intent. Today HTC said it would acquire the boutique, San Francisco-based design house One & Company Design Inc., which assisted in designing the Touch Diamond.The value...
Twitter has apparently rejected an all-stock acquisition offer from Facebook. Twitter officials may want more than an estimated $500 million valuation as it continues to build its user base.
Another regional player is set for extinction. Earlier this month, AT&T Mobility announced plans to acquire Centennial Communications Corp. for $2.8 billion. The deal is expected to add approximately 1.1 million customers to AT&T Mobility's customer base. The deal, if approved, will also...
AT&T Inc. announced it acquired Centennial Communications Corp. for $944 million in cash. If the deal closes, AT&T will add 1.1 million Centennial customers to its current customer base of 74.9 million.The deal will not, by itself, help AT&T regain the top spot in...
AT&T Inc. reported plans to acquire Wayport Inc. for $275 million, expanding the telecom giant's Wi-Fi offering to thousands of locations and offering free Internet access to millions of its customers.The acquisition expands AT&T's Wi-Fi footprint to nearly 20,000 domestic hot spots and 80,000...
Sprint Nextel Corp. has decided to continue its commitment to its iDEN network.After much speculation that Sprint Nextel was lining up buyers for the network, the company announced an extended network partnership with iDEN infrastructure provider Motorola Inc. and plans to launch a few...
So far, despite massive lobbying over scheduled Nov. 4 votes on white spaces, wireless mergers, the universal service fund and intercarrier-compensation reforms, Federal Communications Commission Chairman Kevin Martin has yet to blink. The FCC last night released the official agenda for the...
A public-interest group asked the Federal Communications Commission to impose open-access conditions on the Verizon Wireless-Alltel Communications L.L.C. and Sprint Nextel Corp.-Clearwire Corp. mergers. Free Press said that while Verizon Wireless and Sprint Nextel have moved to loosen their control of networks, both companies...
Federal Communications Commission Chairman Kevin Martin has set a highly ambitious agenda for the Nov. 4 open meeting. And the December meeting potentially could pack as much punch, seeing that time is running short for the FCC chief to push through policy priorities before...
Nokia Corp. once again raised the stakes in its consumer play, acquiring mobile messaging company OZ Communications for an undisclosed amount.A Montreal-based outfit that claims 220 employees, OZ gained a foothold in the early days of mobile instant messaging and has expanded to social-networking...
T-Mobile USA Inc. officially took the reigns from SunCom Wireless Holdings Inc. The nation's No. 4 carrier launched its branded service in former SunCom markets across North Carolina, South Carolina, Tennessee, Georgia, Puerto Rico and the U.S. Virgin Islands last week. T-Mobile USA announced...
Roaming - until recently a backburner, stand-alone issue - suddenly has emerged as a potential pivot point in the Federal Communications Commission's consideration of two major transactions and competition policy in general for a wireless sector that has experienced relentless consolidation during the past...
Synchronica said it will fork over roughly $5 million in new shares to acquire fellow mobile e-mail provider AxisMobile.A U.K.-based firm that provides over-the-air firmware update technology based on open industry standards, Synchronica targets business users and "prosumers" with mobile push e-mail and synchronization...
Verizon Wireless announced it completed its purchase of Rural Cellular Corp., bringing to a close a yearlong transaction that sparked complaints from consumer advocates and Sen. Bernie Sanders (I-Vt.).Under the final agreement, Verizon Wireless placed Rural Cellular licenses and assets in Vermont, New York...
T-Mobile USA Inc.'s new Sidekick device is the first to launch since Microsoft Corp. bought the software company at the heart of the Danger Inc. franchise. Sharp makes the handset's hardware.The news: The messaging-happy, social networking crowd that patronizes the Sidekick devices at T-Mobile...
Mobile media company Player X said it pocketed Spain's Gaelco Moviles, a mobile games publisher, for an undisclosed amount of cash.The move marks the first acquisition for Player X, a London-based outfit that specializes in mobile games and video, and signals the company's expansion...
Mobile news aggregator Mobispine AB said it has acquired NewsAlloy, a Web-based feed reader, for an undisclosed sum.A Sweden-based startup, Mobispine offers a free, Java-based download that delivers RSS feeds to more than 300,000 active members. The company said it hopes to integrate...
Nokia Corp. will acquire total ownership of Symbian Ltd., buying out current partners in a deal valued at about $411 million, the company said today.Nokia said it would combine its own S60 platform with the Symbian platform and provide the results - a single...
Nokia Corp. added another social networking business to its portfolio, acquiring Plazes AG for an undisclosed sum.Operating primarily out of Berlin with 13 employees, Plazes offers a context-aware community that encourages users to post where they are and what they're doing. The deal is...
The Justice Department's agreement to let Verizon Wireless purchase Rural Cellular Corp. so long as the No. 2 mobile-phone carrier sells off a handful of licenses in Vermont, New York and Washington, was perhaps the easy part. Getting the $2.67 billion transaction through the...
Verizon Wireless's purchase of Alltel Communication L.L.C. is leaving many gasping for breath. The $28.1 billion purchase of the nation's fifth-largest U.S. mobile operator seems to make sense for Verizon Wireless, both strategically and financially. However, for the private-equity investors who purchased Alltel less...
Hours after media reports indicated a deal was close, Verizon Wireless announced an agreement to acquire Alltel Communications L.L.C.for $5.9 billion in cash and assume $22.2 billion in debt, for a total package price of $28.1 billion. If approved, the deal would create the...