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Verizon Wireless may have to give up some valuable spectrum to get regulators to approve its $3.6 billion to buy spectrum from cable operators. But concessions on the marketing deal may cause a snag.
The companies are in talks for the Web pioneer to sell a large chunk of its holdings in the China e-commerce giant, sources tell All Things D.
The telecom giant, still amid a rigorous approval process to acquire T-Mobile USA, has hired bankers to line up potential buyers of its customers and spectrum, The Wall Street Journal reports.
AT&T is reportedly the strongest contender for the wireless assets from Alltel that Verizon must divest as part of its acquisition. What's that mean for consumers?
AT&T could offer to divest as much of 40% of T-Mobile in order to win approval for its beleaguered acquisition, Bloomberg reports.
T-Mobile CEO Philipp Humm said Verizon should divest some of the more valuable spectrum it plans to acquire from the cable providers.
The FCC agreed to allow AT&T to buy spectrum licenses from Verizon Wireless, which it was required to divest as part of its 2008 acquisition of Alltel.
At D: All Things Digital, John Donahoe says the company needs to take risks and defends decision to acquire and then divest the Web-based calling company.
The company will sell customers to competing cable companies, including Charter Communications, which would become the second-largest cable provider in the country.
The U.S. Department of Justice on Thursday gave the green light to the acquisition, but Verizon is required to divest assets in 22 states.