Verizon Communications (VZ.N) said it would sell wireline assets to Frontier Communications (FTR.O) for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that will help it pay off recent wireless spectrum purchases.
Tags: Verizon
Rand Paul woos donors and hackers at tech conference
As his likely rivals spent the weekend shaking hands in New Hampshire, potential Republican candidate Rand Paul flew to Texas to court the software developers and entrepreneurs who are likely to play a central role in the 2016 election.
Google Nexus 5 Already Dead, Why Did Google Stop Selling in Stores Starting Today?
Google has stopped selling Nexus 5 smartphone starting today in its online store. According to Google's spokesperson, the tech titan is giving Nexus 6 the focus at this time. However, Nexus 5 might also be available through retail and carrier partners.
2015 Nexus Flagship Phone Release comes First Before Google Wireless Service?
Google confirms launching of wireless service exclusively for Nexus 6. Questions like "What good is cell service that doesn't operate on a large scale?" are left hanging in the wake of the announcement.
Samsung Galaxy S6 and Galaxy S6 Edge US Release Date Guide: Verizon, Sprint, AT&T, T-Mobile
Samsung Galaxy S6 and Galaxy S6 Edge are announced to be available on April 10 in 20 countries, including the US. Major mobile carriers here particularly Verizon has revealed release date on the second quarter of 2015. Other carriers have yet to announced the exact date.
Latest News
AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday.
Verizon Communications Inc (VZ.N) is nearing wrapping up deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter.
AT&T Inc (T.N) spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp (DISH.O) spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday.
Cablevision System Corp said on Monday it would launch in February a wireless Internet phone service to give users an alternative to pricier data plans from cellular companies such as AT&T and Verizon.
Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top U.S. technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.
U.S. President Barack Obama on Monday said Internet service providers should be regulated more like public utilities to make sure they grant equal access to all content providers, touching off intense protests from cable and telecoms companies and Republican lawmakers.
Verizon Communications and AT&T Inc expect to be able to transmit wireless voice calls between the two carriers over high-speed data networks by 2015, the companies said on Monday.
Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks.
Google Inc is preparing to test new technology that may provide the foundation for a wireless version of its high-speed "Fiber" Internet service, according to telecommunication experts who scrutinized the company's regulatory filings.
