AT&T said it will acquire the Mexican wireless assets of bankrupt NII Holdings for $1.875 billion, less outstanding net debt. The deal marks AT&T's latest expansion south of the U.S border following its $2.5 billion purchase of Mexican carrier Iusacell, which closed earlier this month.
Don't expect Verizon Wireless to join its rivals in offering a rollover data plan, according to Verizon Communications CFO Fran Shammo.
AT&T's disclosure that it entered into credit agreements worth more than $11 billion has prompted some financial analysts to think that the company may wind up buying more airwaves at the AWS-3 spectrum auction than Verizon Wireless, spending anywhere from $20 billion to $22 billion at the auction.
AT&T Mobility, as expected, has challenged a December ruling from the FCC that sided with T-Mobile US and smaller carriers in a dispute over what constitutes a "commercially reasonable" data roaming agreement. Verizon Wireless also challenged the ruling.
Google is interested in buying mobile payments company Softcard, according to multiple reports, in a deal that would bring Google into closer alignment with wireless carriers and that would consolidate the payments market just as Apple Pay is getting off the ground.
AT&T officially closed its $2.5 billion purchase of No. 3 Mexican carrier Iusacell from Grupo Salinas. AT&T named company veteran F. Thaddeus Arroyo as CEO of Iusacell following the close of the deal.
The FCC's AWS-3 spectrum auction is nearing the bitter end, with total provisional winning bids topping $44.68 billion and unlikely to go much higher. Now, attention is turning to what will happen once the auction officially closes--and how carriers will come up with the money to cover their bids.
How did the wireless industry perform in the fourth quarter of 2014? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's...
With a somewhat bumpy fourth-quarter reporting season expected for the Tier 1 wireless carriers, analysts at Jefferies are hoping for more "rational" pricing behavior from the large operators in 2015.
AT&T Mobility could be fined by the FCC over its throttling practices, according to a court filing.