Two giant providers, AT&T and Time Warner proposed an $85 billion deal to merge the companies in order to provide more innovation in the industry. The merger, however, faced tough questions in the Senate as the regulators are skeptic about the possible effects of such large-scale deal to pricing and competition.
Investment Heroes Report is giving highlights to the 25 companies. AT&T and Verizon is is still on ranked 1 and 2 for the fifth year straight.
Verizon Communications Inc will bid for Yahoo's web business, while Alphabet Inc's Google unit is also exploring options on bidding for it. Additionally, Verizon may also make an offer for stake in Yahoo's Japan subsidiary.
Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what important foundation to make by deciding to push through with a deal. Verizon and Time Inc. already shown interest to acquire Yahoo’s core business the past few months.
Time Inc. which owns Sports Illustrated and People magazine to name a few, expressed its interest in buying Yahoo. It said that it is interested too in Yahoo's core business which reaches more than 1 billion users across the globe aside from taking into consideration the Reverse Morris Trust. The magazine company will vie with other giant companies including Verizon and AT&T. core business
AT&T on Monday announced its intention to spend about $10 billion in order to provide its "integrated solutions" for enterprises globally. The company is also testing its 5G broadband services at enterprises and homes.
AT&T team up with Intel to test drone technology and adds 4G LTE on drones connectivity. The companies will showcase their work in Barcelona, Spain at the Mobile World Congress trade show.
Berkshire Hathaway made a significant investment in the energy firm Kinder Morgan during the final three-month period of 2015. This investment activity highlights Berkshire's increasing bet on the oil sector.
Following Verizon, AT&T announced on Friday to conduct field test of 5G network by the end of this year. The fifth generation of mobile network will offer data transfer speed beyond current capacity in 4G network.
Imagine downloading a HD movie in less than 36 seconds. AT&T has announced that they will be expanding their gigabit-speed fiber Internet service, called GigaPower, to 38 more cities.
The latest technology is introducing many of the new features embedded in vehicles to enhance the convenience of the drivers. Ford may not be the first but also not the last one, has also marked its position in the list of advanced technology vehicles.
Verizon announces the resume of $20 activation fee whenever a customer adds a new line to their service. The fee would be a one-time charge and will not be charged again on future bills.
Verizon Communications Inc. is considering to sell parts of its enterprise which could be worth as much as $10 billion. The company plans to focus on its core business.
Sprint Corp - a subsidiary of Japan Softbank- and one of the largest mobile services provider in the US is currently on the way to cutting costs in the midst of deploying marketing strategy to recover lost subscribers.
Blackberry is officially taking pre-order for the Blackberry Priv, the company's first Android-based smartphone. Blackberry Priv was first announced last month. The phone features a touchscreen, slide-out keyboard, and Blackberry's security software.