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merger articles

T-Mobile and Metro PCS merger officially complete

T-Mobile and Metro PCS merger officially complete
  • Posted May 1, 2013, 9:30 AM by Dave LeClair | Filed in Industry News
  • A while back, T-Mobile and Metro PCS were all over the news after announcing plans to merge their businesses. Things went quiet on the matter for a while, but now the merger is officially complete, with the two companies becoming one…

Verizon to draft $100 billion offer to buy its wireless unit from Vodafone

Verizon to draft $100 billion offer to buy its wireless unit from Vodafone
  • Posted April 25, 2013, 12:00 PM by Shawn Knight | Filed in Industry News
  • Verizon has reportedly hired banking and legal advisers to put together a $100 billion proposal to purchase the remaining 45 percent stake in the company from partner Vodafone. Verizon was considering a 50:50 cash and stock bid for the shares…

MetroPCS shareholders agree to T-Mobile merger

MetroPCS shareholders agree to T-Mobile merger
  • Posted April 24, 2013, 5:30 PM by Shawn Knight | Filed in Industry News
  • MetroPCS shareholders have voted in favor of merging the company with the nation’s fourth largest wireless provider. Shareholder approval was the last major hurdle the deal faced as regulators had already given the merger the green light earlier this year. …

T-Mobile and MetroPCS merger granted FCC approval

T-Mobile and MetroPCS merger granted FCC approval
  • Posted March 12, 2013, 6:00 PM by Shawn Knight | Filed in Industry News
  • One week ago, the Department of Justice gave Deutsche Telekom the green light to purchase regional carrier MetroPCS and combine it with T-Mobile USA. Now the Federal Communications Commission has approved the merger as well, leaving it up to the…

Department of Justice approves T-Mobile, MetroPCS merger

Department of Justice approves T-Mobile, MetroPCS merger
  • Posted March 6, 2013, 6:30 PM by Shawn Knight | Filed in Industry News
  • Deutsche Telekom reached an agreement last October to purchase regional carrier MetroPCS and combine it with T-Mobile. The deal was expected to cost the parent company $1.5 billion in cash and a 26 percent stake in the combined company pending regulatory approval.

UK's Office of Fair Trading to investigate $1bn Instagram deal

UK
  • Posted June 25, 2012, 10:00 AM by Lee Kaelin | Filed in Industry News
  • The UK's Office of Fair Trading (OFT) is to investigate Facebook's April announcement of its planned $1 billion purchase of Instagram due to concerns that the social networking giant could unfairly exert control over the competition by restricting the uploading…

AMD approached Nvidia before ATI acquisition in 2006

AMD approached Nvidia before ATI acquisition in 2006
  • Posted February 24, 2012, 9:30 AM by Lee Kaelin | Filed in Hardware

  • News has emerged that Advanced Micro Devices also held talks with graphics processor designer Nvidia about acquiring them before they went ahead and purchased ATI in 2006, according to former AMD employees...

AT&T gives up on purchase of T-Mobile USA

AT&T gives up on purchase of T-Mobile USA
  • Posted December 20, 2011, 8:32 AM by Lee Kaelin | Filed in The Web
  • American mobile carrier AT&T has pulled out of its controversial $39bn purchase of Deutsche Telekom's T-Mobile USA division after giving in to massive regulatory pressure. The much-publicized move would have made them the largest mobile carrier in the United States,…

AT&T talks to sell assets go cold, merger with T-Mobile looking less likely

AT&T talks to sell assets go cold, merger with T-Mobile looking less likely
  • Posted December 19, 2011, 10:01 AM by Jose Vilches | Filed in Industry News, Mobile Computing
  • Talks to sell some T-Mobile USA assets as a precondition to closing a merger deal with AT&T have "gone cold," according to a report by The Wall Street Journal. Citing people familiar with the matter, the newspaper says the companies…

Justice Department moves to block AT&T's T-Mobile merger

Justice Department moves to block AT&T
  • Posted August 31, 2011, 1:30 PM by Shawn Knight | Filed in Mobile Computing

  • The United States Department of Justice has filed a federal antitrust lawsuit to block AT&T’s planned acquisition of T-Mobile. The DOJ claims that the $39 billion merger would lessen competition for wireless services across the country, resulting in higher prices...

Sony, Toshiba, Hitachi join forces in LCD joint venture

Sony, Toshiba, Hitachi join forces in LCD joint venture
  • Posted August 31, 2011, 12:30 PM by Jose Vilches | Filed in Industry News Breaking News
  • Sony, Toshiba and Hitachi, three of Japan's biggest electronics makers, have announced plans to merge their small and medium-sized LCD panel operations into a single entity called Japan Display. According to the Wall Street Journal, the new venture is likely to…

AT&T customers attempt to block T-Mobile merger

AT&T customers attempt to block T-Mobile merger
  • Posted July 25, 2011, 11:00 AM by Shawn Knight | Filed in Industry News
  • Back in March it was announced that the second largest wireless provider, AT&T, would be acquiring 4th ranked T-Mobile USA to the tune of $39 billion. Pending the merger, AT&T would overtake Verizon Wireless as the largest U.S. wireless carrier. …

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