Verizon Communications Inc Chief Executive Lowell McAdam said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Inc for a potential deal.
Verizon Communications
Breaking News
U.S. stock index futures edged higher on Tuesday following the largest losses on Wall Street since early October and ahead of a large data batch that will show the momentum of the U.S. economy at the end of last year.
Verizon Communications Inc (VZ.N) approached AOL Inc (AOL.N) about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of the matter.
The S&P 500 ended nearly flat on Tuesday as concerns about global weakness and political turmoil were offset by gains in technology and energy shares.
French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said.
T-Mobile US added 2.75 million customers in August, the largest number of monthly subscriber additions in its history, the carrier announced at a company event on Wednesday.
More than 100 technology companies, including Google Inc, Facebook Inc, Twitter Inc and Amazon.com Inc, have written to U.S. telecom regulators to oppose a new "net neutrality" plan that would regulate how Internet providers manage Web traffic.
Intel Corp is asking USD 500 million for OnCue, the service that allows users to access pay TV programs through a high speed Internet connection, according to sources interviewed by Bloomberg.
AT&T, Verizon Communications, and even tech companies like Google, Microsoft and Yahoo had been pushing for the US government to allow them to publish surveillance orders to appease shareholders in light of the revelations by NSA whistleblower Edward Snowden.
The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs.
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
USD800,000 was received by MobileRQ from its latest funding round.
After completion of the Vodafone-Verizon USD130 billion deal, Vodafone would return a hefty USD84 billion in cash and shares to its investors.
According to two sources who were familiar with the decision, Verizon Communications and Vodafone Group would be announcing a finalization of the USD130 billion exit deal, which would be financed in cash, stock and bank financing.
1 2
