$640M deal includes Sprint reworking affiliate agreements, plans to bolster LTE
The regional telecommunications market is set to lose one of its players as Shenandoah Telecommunications announced plans to acquire Ntelos Holdings for approximately $640 million.
The deal, which had been rumored for months, will combine...
Aggressively priced multiline account targets potential switchers, Sprint’s stock rebounds
Sprint looks set to redirect some of the pressure currently emanating from its stock price and operational performance toward its rivals, announcing a new rate plan targeting customers looking to swap wireless brands.
The plan, which...
A new report from Ovum found 2014 telecom M&A deals less than one-third of 2007 high, cite increased competition
A new report from analyst firm Ovum claims a sharp drop in mergers and acquisitions across the global telecom market, which it said has led to...
FCC Chairman Tom Wheeler circulates approval for AT&T acquisition of DirecTV
AT&T long-simmering plans to acquire DirecTV took a significant step forward as Federal Communications Commission Chairman Tom Wheeler circulated an approval recommendation to his fellow commissioners late Tuesday .
Wheeler said the proposal includes “a...
Sprint’s stock hits new 52-week low as analysts cite ‘severe financial distress’
Sprint may be showing some improved operational trends, but investor concern over the carrier’s performance trajectory has tanked its share price.
Sprint’s stock price (S) has plunged more than 12% since last Wednesday, hitting...
AT&T plans for $48.5B acquisition of DirecTV remains in front of regulators
AT&T filed another extension on its planned $48.5 billion acquisition of DirecTV as the pending deal remains in regulatory limbo.
In an 8-K filing with the Securities and Exchange Commission, AT&T noted that both...
Reported deal for Mobilicity faces regulatory hurdles
Canadian mobile operator Mobilicity reportedly has a pair of suitors ready to take over the beleaguered operator, though government regulators appear sour on such a deal.
According to Bloomberg Business, Canadian telecom giants Telus and Rogers Communications are both...
MVNO looks to hit nearly 1M customers by year end
Mobile virtual network operator FreedomPop said it has scored $30 million in financing in a move to boost growth and scale operations. The company said the financing comes “following months of speculation.”
The series B...
Comverse touts digital messaging platform benefits of $245M deal
Comverse announced plans to acquire privately held Acision for approximately $245 million in a move to bolster its digital services business. U.K.-based Acision provides mobile messaging and engagement services, and is used by a number of...
There has been no shortage of news affecting the telecom and wireless industries. First, as many expected, a three-way merger among Charter, Time Warner Cable and Bright House Networks was announced last Tuesday. Many, if not most, of you are versed on the details of...
HP said ConteXtream’s SDN controller will boost NFV plans
Hewlett-Packard continues to bolster its network functions virtualization focus, today announcing plans to acquire ConteXtream, which is a provider of OpenDaylight-based, carrier-grade software-defined networking “fabric for NFV,” and a current HP OpenNFV partner.
HP explained that ConteXtream’s...
DT CEO said it’s a company ‘duty’ to seek partner for T-Mobile US
T-Mobile US parent company Deutsche Telekom continues to look for outside investors in the U.S. carrier, with DT CEO Tim Hoettges stating that despite improved performance it is open to partnerships though...
Analyst thinks Shentel lacks funds, does not need Ntelos deal
Recent reports about a potential Shenandoah Telecommunications acquisition of fellow regional telecom operator Ntelos may have impacted stock prices, but some investors are not moved.
Macquarie Capital analyst Kevin Smithen noted in a recent research report...
AT&T remains confident of midyear close
Despite countless delays, AT&T’s pending $48.5 billion acquisition of DirecTV looks to remain on track as the companies filed extensions on the “termination date” of the planned deal as it has now passed the one-year mark since it was...
Proposed deal to add Cyan’s SDN, NFV experience to Ciena’s network platform
The telecom market's march toward virtualization continues to reshape the vendor space as network technology provider Ciena announced plans to acquire Cyan, which is focused on software-defined networking platforms. The deal calls for...
AT&T plans to combine Nextel Mexico with Iusacell to form large Mexico operator
AT&T completed its $1.875 billion acquisition of Nextel Mexico, bolstering its presence in the Mexican market.
The deal includes companies operating under the name Nextel Mexico and holding all of NII Holdings wireless...
Last week was already overflowing with earnings news (we will cover AT&T and Verizon Communications earnings in great detail next week), when Bloomberg broke the story last Thursday of the likely Comcast/Time Warner Cable merger demise. CNBC confirmed this rumor on Friday morning, and...
AT&T shrugs off failed Comcast-TWC deal, expects mid-year close
While Comcast’s attempt to consolidate the cable market by purchasing Time Warner Cable is dead, AT&T’s somewhat connected pending acquisition of satellite television provider DirecTV appears to be on track. In fact, confidence is so high...
Class-action lawsuit claimed Sprint and executives falsified synergy claims
Sprint has reportedly agreed to pay a $131 million settlement on a class-action lawsuit that claimed the carrier and executives had defrauded investors going back to its $35 billion acquisition of Nextel Communications.
According to Reuters, the...
Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on the sepia-tinted shades, set the date for #TBT and enjoy the memories!
AT&T to buy...
This has been a week filled with news – Mobile World Congress, analyst conferences and the normal course of business – and regulatory conjecture. I have decided to stop trying to figure out what fine-tuning the Federal Communications Commission is doing between the vote last...
Move will leave Verizon as only telecom operator among 30 companies in the Dow Jones Industrial Average
In a historic move, AT&T is set to be bumped from the Dow Jones Industrial Average in favor of Apple. AT&T has reportedly been part of the Dow...
Story updated clarifying that Sprint is going with a single offer initially priced at $1 billon, but increased to $1.5 billion following strong demand.
Sprint is looking to generate $1.5 billion through a public offerings of notes in an attempt to further fund operations.
The carrier...
Pair of deals expected to generate $15.5B for Verizon
Verizon Communications continues to hone its operations, announcing a deal to sell off wireline properties in California, Florida and Texas for $10.5 billion as well as a separate deal to sell off 11,465 towers for $5 billion.
The wireline...
