New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For S From The Last 14 Days
Check below for free stories on S the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | all recent S news | >>
August 1, 2014
16:51 EDTSMarket finishes week lower as Fed, geopolitical worries weigh
Subscribe for More Information
16:19 EDTSFCC proposes rules that may limit joint bidding in spectrum auctions
Roger Sherman, Wireless Telecommunications Bureau Chief, stated in a blog post that FCC Chairman Wheeler circulated a proposal to open new opportunities for small and growing businesses in the mobile marketplace with the purpose of providing "innovative, smaller companies the opportunity to build wireless businesses that can spur additional investment and bring more choices to consumers." The Notice of Proposed Rule Making being circulated proposes to update FCC rules in a way that "recognizes and confronts the challenges new entrants face in entering the wireless industry," Sherman said, adding "Perhaps most importantly, the NPRM recognizes the challenge of entering into a marketplace in which more than 95% of existing customers are served by the top four providers." Sherman wrote: "The proposal addresses another important issue also linked to the trend towards consolidation in the wireless industry. We must make sure that the biggest providers are not able to limit broad participation in the spectrum auction. As promised in the Mobile Spectrum Holdings Report and Order, we now seek comment on whether and how we should restrict the ability of wireless companies to combine their bids during an auction." Companies that may be impacted by FCC efforts to limit joint bidding on spectrum include Sprint (S), T-Mobile (TMUS), Verizon (VZ), AT&T (T), DirecTV (DTV) and DISH (DISH). Reference Link
14:05 EDTSIliad founder calls offer for T-Mobile 'fair,' WSJ reports
Iliad founder Xavier Niel says his offer for T-Mobile (TMUS) is "fair" and the only one that is real, Wall Street Journal reports. Niel says he would cut customer prices and look to trim $2B in costs at T-Mobile, the Journal adds.
09:12 EDTSDeutsche Telekom not interested in Iliad bid for T-Mobile, CNBC reports
Subscribe for More Information
05:48 EDTSStocks with implied volatility movement; S SPX
Stocks with implied volatility movement; Sprint (S) 59, S&P 500 (SPX) 15 according to iVolatility.
July 31, 2014
17:06 EDTSOn The Fly: Closing Wrap
Subscribe for More Information
13:37 EDTSDeutsche Telekom views Iliad offer for T-Mobile as inferior, Bloomberg says
Deutsche Telekom views Iliad's offer T-Mobile (TMUS) as inferior to Sprint's (S) and is not formally engaged in talks with the French company, Bloomberg reports, citing sources. Shares of T-Mobile are off their highs but remain up 6% while Sprint shares are off their lows.
12:40 EDTSIliad confirms interest in T-Mobile
Following press speculation, Iliad (ILIAF) confirms its interest in T-Mobile US (TMUS). The US mobile market is large and attractive. T-Mobile US has successfully established a disruptive position, which in many ways, is similar to the one Iliad has built in France. Iliad has submitted to T-Mobile's board an indicative offer for T-Mobile US. Iliad has offered $15B in cash for 56.6% of T-Mobile US, at $33 per share. Iliad values the remaining 43.4% of T-Mobile US at $40.5 per share on the basis of $10B of synergies tot he benefit of T-Mobile US shareholders. This leads to an overall value of $36.2 per share, a premium of 42% over T-Mobile US's unaffected share price of $25.4. Iliad has the support of leading international banks for the acquisition debt. The equity portion would be approximately EUR2B and Xavier Neal would participate in the capital increase. The transaction should not raise any antitrust issues in light of the competition rules given that Iliad is not present in the U.S>
12:36 EDTSIliad confirms interest in T-Mobile
Subscribe for More Information
12:29 EDTSOn The Fly: Midday Wrap
Subscribe for More Information
12:03 EDTST-Mobile received takeover bid from Iliad less than week ago, WSJ says
Subscribe for More Information
11:48 EDTSSprint falls 5% to $7.37 after report of Iliad bid for T-Mobile
T-Mobile shares are up 6.8% following the report from Dow Jone's on Iliad's bid.
06:15 EDTSSprint to try service that only connects to Facebook, Twitter, WSJ reports
Sprint (S) will soon let subscribers buy a wireless plan under its Virgin Mobile prepaid service that only connects to Facebook (FB), Instagram, Twitter (TWTR) or Pinterest for about $12 a month, the Wall Street Journal reports. An additional $5 will get subscribers unlimited streaming of a music app of their choice. Reference Link
July 30, 2014
09:16 EDTSSprint CEO says 'unlimited' plans central to company as differentiator
Subscribe for More Information
09:04 EDTSOn The Fly: Pre-market Movers
Subscribe for More Information
08:51 EDTSSprint to launch Virgin Mobile Custom at Wal-Mart on August 9
Sprint (S) subsidiary Virgin Mobile USA introduced Virgin Mobile Custom, a no-annual-contract offer with unique parental controls and the ability for customers to build personally tailored rate plans. Virgin Mobile Custom will be available exclusively to Walmart (WMT) customers at select stores beginning Saturday, Aug. 9. Under the offer, customers will purchase a designated Custom phone and activate that device on the Base plan, which comes with 20 texts and 20 voice minutes, or the Unlimited plan for $35 with unlimited talk and text, with the ability to activate up to five lines for as low as $6.98 per line per month.
08:48 EDTSSprint sees achieving post-paid subscriber growth in Q4
Sprint CEO says company is currently weighing changes to pricing plans. Sprint CEO Dan Hesse is speaking on the company's Q1 earnings conference call.
07:39 EDTSSprint still sees CY14 adjusted EBITDA $6.7B-$6.9B
Subscribe for More Information
07:35 EDTSSprint says hit mid-year target for 4G LTE coverage
Subscribe for More Information
07:33 EDTSSprint reports Q1 EPS 1c, consensus (11c)
Subscribe for More Information
06:31 EDTST-Mobile, Sprint merger not anticipated prior to September, Reuters says
Subscribe for More Information
July 29, 2014
15:53 EDTSNotable companies reporting before tomorrow's open
Subscribe for More Information
12:23 EDTSWindstream REIT spin off plan provides jolt for stock, telecom sector
Subscribe for More Information
July 28, 2014
13:11 EDTST-Mobile new offering substantive, says Wells Fargo
Subscribe for More Information
July 24, 2014
07:46 EDTSWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
July 23, 2014
13:01 EDTSSprint teams with Google to offer Google Apps for business
Subscribe for More Information
July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
Subscribe for More Information
July 20, 2014
14:47 EDTSAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
Subscribe for More Information
July 18, 2014
09:18 EDTSSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
Subscribe for More Information
07:08 EDTSSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link
<< 1 | 2 | all recent S news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use