América Móvil once again had to quiet speculation that it is interested in acquiring T-Mobile US. Just as the company was forced to do in the second quarter, the Mexican-based telecoms giant addressed rumors of a deal on its quarterly conference call; CEO Daniel Hajj said the company is not in talks with T-Mobile.
Verizon Wireless is still in love with "Droid." The carrier sent out invitations for a media event Oct. 28, where it is expected to launch a new Droid-branded Android smartphone from Motorola Mobility, rumored to be called the Droid Turbo.
Google will release a 5.9-inch phablet later this month designed by Motorola Mobility as its latest Nexus smartphone, according to a Wall Street Journal report.
Apple has pushed the start of production for a larger iPad tablet with a 12.9-inch screen to early next year so that its suppliers can keep up with demand for Apple's iPhone 6 and 6 Plus phablet, according to a Wall Street Journal article. Meanwhile, Apple sent out invitations to a media event on Oct 16, where the company is widely expected to unveil updated versions of its iPads alongside new desktop and laptop computers.
T-Mobile US CEO John Legere dismissed all of the rumors surrounding the carrier's potential M&A activity as "craziness" and said T-Mobile would continue to try to grow organically.
French mobile and Internet company Iliad intends to bid for a larger stake in T-Mobile US, as Iliad nears a self-imposed deadline to improve an offer for the carrier, according to a Bloomberg report.
According to a new report from Reuters, Amazon plans to increase its investment in the development of new gadgets, and is focusing on devices such as wearables and one-button ordering machines.
Apple may change the Beats Music streaming music service it acquired along with Beats Electronics in May for $3 billion, and may drop the Beats brand for the fledgling music service, according to a Re/code report.
French mobile and Internet firm Iliad has set a deadline of mid-October to either make an improved offer to take control of T-Mobile US or abandon its pursuit, according to a Reuters report.
T-Mobile US would strike an M&A deal with another company only if they had U.S. spectrum, a U.S. customer base and offered "favorable financial terms," according to financial analysts.