[ad_1] “This marks an important milestone in DISH’s evolution as a connectivity company,” Dish CEO and president Erik Carlson said in a statement. “It positions us well as we continue to build out the first virtualized, standalone 5G network in America.” Dish has been attempting to enter the wireless market for years. It tested LTE […]
Category: merger
T-Mobile asks California to soften 5G, job conditions for Sprint merger
[ad_1] T-Mobile is hoping to ease some of the conditions it agreed to for its merger with Sprint. The carrier has asked California’s Public Utilities Commission to roll back three main requirements. It wants the CPUC to delay 5G coverage and speed targets for 2024 by two years, to use FCC testing for commitments instead […]
T-Mobile reportedly plans to lay off hundreds of former Sprint employees
[ad_1] After the report came out, T-Mobile published a blog post in which it said it plans to hire 5,000 new employees over the next year. In the same post, it confirmed the layoffs without detailing their scope. “As part of this process, some employees who hold similar positions are being asked to consider a […]
Grubhub sells itself to Just Eat to create a food delivery giant
[ad_1] The deal is a consolation prize of sorts for Grubhub. As CNBC explained, Grubhub had courted Uber as a potential buyer until talks fell through. Antitrust concerns were reportedly the sticking point — both companies were worried that the combination of two US-based delivery giants might run afoul of regulators, and they couldn’t agree […]
Virgin Media and O2 announce £31 billion UK merger
[ad_1] O2, which is the UK’s biggest carrier with 34 million subscribers, also agreed a merger with Three UK in the same year, but was later blocked by the European Commission over competition fears, namely higher prices and reduced quality of service. The Virgin Media-O2 deal will be subject to the same checks, but in […]
Virgin and O2 might merge to create a UK telecom giant
[ad_1] Two of the bigger telecoms in the UK are reportedly close to uniting. The Guardian sources say the owners of Virgin Media and O2, Liberty Global and Telefonica, are in talks for a UK joint venture that would unite their mobile, internet and TV efforts. The exact motivations for the union wouldn’t be clear, […]
John Legere leaves T-Mobile’s board of directors a few weeks early
[ad_1] Now that the T-Mobile / Sprint merger is over, former T-Mobile CEO John Leger is making his exit complete a little earlier than expected. Last fall Legere announced he’d stick around as CEO through the end of April, but abdicated the role to Mike Sievert as soon as the merger went through, while saying […]
California ends opposition to T-Mobile and Sprint merger
[ad_1] The settlement also aims to protect jobs. Current retail employees at T-Mobile and Sprint will have to get offers of “substantially similar” jobs post-merger, with the total employee count after three years being “equal to or greater than” what it was before the merger. California wants T-Mobile to create about 1,000 jobs with a […]
T-Mobile, Sprint merger could close by April 1st
[ad_1] With most of the regulatory and legal hurdles out of the way — approval from the California Public Utilities Commission is still needed — T-Mobile and Sprint announced an amended version of their agreement to merge. CNBC explains that the updated deal will give Deutsche Telekom a slightly higher stake in the combined company […]
New York AG won’t keep fighting T-Mobile merger with Sprint
[ad_1] The state has been one of the more vocal opponents to the merger, warning that it could reduce competition, hurt quality and raise prices even with sacrifices such as offloading prepaid services to Dish. There’s some precedent for this — past telecom mergers in the US haven’t done much to halt creeping price hikes, […]