AT&T Inc., Verizon Communications Inc. and Sprint Corp. were fined a total of $200 million by the United States Federal Communications Commission (FCC) for illegally sharing access to customers’ location information without their consent. According to an investigation carried out by the FCC, the...
The United States Federal Communications Commission (FCC) will purportedly shield American telecom companies from having to pay $200 million in fines for disclosing consumers' locations, the Wall Street Journal (WSJ) informed on Monday, citing unnamed sources.
The regulator attempted to...
California Attorney General's office announced on Wednesday it won't appeal the decision to approve the merger between Sprint Corp. and T-Mobile US Inc.
In the notice, the office said California reached a settlement with the wireless carriers, although no details were given on the agreement.
Earlier,...
The United States Federal Communications Commission (FCC) investigation found that the country's top mobile carriers failed to protect their customers' real-time location data, the Wall Street Journal reported on Thursday.
Now, the FCC is reportedly seeking hundreds of millions of dollars in...
T-Mobile US Inc. and Sprint Corporation revealed on Thursday that the merger agreement between the two to create New T-Mobile will be amended.
When the merger gets finalized, the "effective exchange ratio of approximately 11.00 Sprint shares for each T-Mobile share" will be...
New York Attorney General Letitia James told CNBC on Sunday she will not appeal the ruling by a judge that cleared the T-Mobile and Sprint merger after leading a team of 13 state attorneys who opposed the possible approval of the deal.
In June, James filed a lawsuit which was aimed at halting...
New York Attorney General Letitia James (pictured) announced on Tuesday that she will consider appealing the decision of the United States District Court for Southern New York to approve a $26 billion merger between telecommunications giants T-Mobile and Sprint.
"From the start, this merger...
A United States judge approved Sprint's proposed $26 billion merger with T-Mobile on Tuesday.
Judge Victor Marrero of the US District Court for Southern New York gave the go-ahead the deal between the two telecommunications companies after 13 attorneys general from states including New...
In anticipation of the positive ruling by the US District Court Judge Victor Marrero in Manhattan on Tuesday regarding a $26.5 billion takeover of Spring Corp. by T-Mobile US Inc, the Deutsche Telekom stock jumped 4% in the morning trade on Tuesday.
The forecasted merger outcome would be good...
Sprint surged in after-hours trading on Monday after it was reported the company's merger with T-Mobile is expected to be approved on Tuesday.
The Wall Street Journal reported a district judge will rule in favor of the proposed merger citing sources familiar with the matter.
Shares of Sprint rocketed...
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