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By Sofia Horta e Costa |
April 25, 2013
Vodafone Group Plc climbed to a one-week high after a report that Verizon Communications Inc. may offer $100 billion for full control of Verizon Wireless
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By Scott Moritz, Bloomberg |
April 24, 2013
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a narrower-than-expected first-quarter loss, even as 560,000 subscribers departed.
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By Michael P. Regan, Bloomberg |
March 25, 2013
Stocks erased gains following a report that a European official said the Cyprus bank- restructuring plan should be seen as a template for the rest of the euro region.
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By Cornelius Rahn, Bloomberg |
February 20, 2013
Apple Inc. has kept its power to determine the course of consumer electronics even as it faces tougher competition in mobile phones and tablets, said Steve Wozniak, who co-founded the company with Steve Jobs in 1976.
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
January 8, 2013
U.S. stocks retreated for a second day as investors awaited fourth-quarter earnings reports, while European shares erased earlier gains triggered after economic confidence grew more than forecast. The yen and gold advanced.
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By Cecile Daurat, Bloomberg |
December 17, 2012
Sprint Nextel Corp. won over Clearwire Corp.’s board after raising its bid to take over the smaller carrier to $2.97 a share in a transaction now valued at $2.2 billion.
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By Scott Moritz and Cornelius Rahn, Bloomberg |
October 18, 2012
Verizon Communications Inc., the second-largest U.S. phone company, reported an increase in profitability at its wireless unit that topped analyst estimates as sales of smartphones boosted customers’ bills.
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By Mariko Yasu and Shunichi Ozasa, Bloomberg |
October 15, 2012
Softbank Corp. agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market.
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By Scott Moritz, Bloomberg |
October 12, 2012
Sprint Nextel Corp. CEO Dan Hesse’s talks to align with Softbank Corp. have the potential to reshape the U.S. wireless landscape, creating a more viable competitor to Verizon Wireless and AT&T Inc. and sparking a new round of consolidation.
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By Jeffrey McCracken, Yoshinori Eki and Scott Moritz, Bloomberg |
October 11, 2012
Sprint Nextel Corp. said it’s in talks with Softbank Corp. for a “substantial” investment from the Japanese carrier, potentially shifting the balance of power in the U.S. telecommunications industry.
