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Stock Market & Financial Investment News

News Breaks
November 19, 2012
12:41 EDTDTEGY, PCS, LEAPLeap discussed potential merger with MetroPCS, T-Mobile, Bloomberg says
Among the many scenarios explored before MetroPCS (PCS) agreed to merge with Deutsche Telekom's (DTEGY) T-Mobile USA unit was the possibility of a three- way merger with Leap Wireless (LEAP), according to a source reporting to Bloomberg. Shares of MetroPCS have been higher since the company revealed in a filing late Friday that it held talks with at least eight companies prior to its deal with T-Mobile. Shares of Leap, which have also been higher the whole session, took another leg up as Bloomberg reported, according to its source, that Leap is “Company E” in MetroPCS' filing. In early afternoon trading, Leap Wireless shares are up 42c, or about 7%. Reference Link
News For LEAP;PCS;DTEGY From The Last 14 Days
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March 23, 2015
07:27 EDTDTEGYCityFibre claims BT takeover of EE is anticompetitive, The Telegraph says
CityFibre has filed a claim with British antitrust authorities alleging BT’s (BT) GBP12.5B takeover of EE is anticompetitive, reports The Telegraph, citing statements by CityFibre CEO Greg Mesch. BT has claimed that it will immediately cut costs if the takeover proposal succeeds, and CityFibre believes its earlier contract with EE to expand its fibre-optic network will be "effectively neutered." EE is a joint venture by Orange (ORAN) and Deutsche Telekom (DTEGY). Reference Link
March 18, 2015
05:35 EDTDTEGYDeutsche Telekom and Cisco launch intercloud services on OpenStack
Deutsche Telekom (DTEGY) and Cisco (CSCO) are announcing a newly developed Intercloud-based services for small- and medium-sized businesses and enterprise customers. The two companies announced their Intercloud collaboration in September 2014. Deutsche Telekom and Cisco are currently setting up the necessary infrastructure for a redundant Intercloud node in Deutsche Telekom's high-performance data centers in Magdeburg and Biere near Berlin, Germany. Deutsche Telekom will deliver sovereign and highly secure services that meet Germany's strict data protection standards to business customers throughout the European region.

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