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Stock Market & Financial Investment News

News Breaks
April 9, 2012
07:05 EDTDTEGY, LEAPLeap Wireless, Savary Island, T-Mobile agree to exchange spectrum
Leap Wireless (LEAP) announced that it has entered into definitive license exchange agreements with Deutsche Telekom's (DTEGY) T-Mobile USA, Cook Inlet/VS GSM VII PCS LLC, a joint venture between T-Mobile and Cook Inlet in which T-Mobile has a non-controlling majority interest, and Leap's non-controlled, majority-owned venture Savary Island Wireless to exchange wireless spectrum in various markets. Completion of the transaction is subject to regulatory approvals and other customary closing conditions.
News For LEAP;DTEGY From The Last 14 Days
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January 21, 2015
08:20 EDTDTEGYBT, Deutsche Telekom said to be in talks on partnerships, Reuters reports
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January 20, 2015
06:24 EDTDTEGYT-Mobile warns of unsustainable costs against cellphone giants, Re/code says
T-Mobile (TMUS) owner Deutsche Telekom (DTEGY) claims Verizon (VZ) and AT&T's (T) wealth makes true competition difficult, reports Re/code, citing statements made at Germany's DLD conference. Deutsche Telekom CEO Tim Hoettges stated the dominance of AT&T and Verizon allowed them to make huge bids at the latest midband spectrum auction to further their market lead. Hoettges also stated he was "intrigued" by last year's unsuccessful merger talks with Sprint (S), and warned that T-Mobile's $4B-$5B investment requirements per year are unsustainable. Reference Link
January 18, 2015
17:19 EDTDTEGYDeutsche Telekom plans to raise spending on German operations, Bloomberg says
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