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Stock Market & Financial Investment News

News Breaks
December 18, 2012
17:02 EDTAMT, CLWR, SAmerican Tower releases information regarding Sprint takeover of Clearwire
American Tower (AMT) released information about its business in light of Sprint's (S) contemplated acquisition of 100% ownership of Clearwire (CLWR), which is subject to regulatory approval. For the quarter ended September 30, Sprint and Clearwire accounted for approximately 15% and 3%, respectively, of American Tower's consolidated operating revenues. American Tower currently has separate leases for antenna space with Sprint and Clearwire on the same site at approximately 1,800 communications sites owned or operated by American Tower. The revenue generated from Clearwire on these sites represented approximately 1% of American Tower's consolidated operating revenues for the quarter ended September 30. The average remaining current term on the long-term lease arrangements on these sites with Sprint and Clearwire is approximately nine and five years, respectively.
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April 14, 2014
09:10 EDTST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 13, 2014
16:57 EDTSSprint and Spotify plan to team up, Re/code says
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April 9, 2014
11:15 EDTST-Mobile unveils $40 monthly price plan called 'Simple Starter'
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