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Stock Market & Financial Investment News

News Breaks
February 4, 2014
06:18 EDTT, TMUSAT&T ends promotion to pay T-Mobile subscribers to switch providers, WSJ reports
AT&T (T) has stopped a promotion after less than a month that paid T-Mobile (TMUS) customers up to $450 to switch services, reports the Wall Street Journal. T-Mobile CEO John Legere yesterday tweeted "That was quick! @ATT already revoking the $450 bribe to @TMobile customers? People weren’t falling for it, were they #Randall? #doingitwrong". Reference Link
News For T;TMUS From The Last 14 Days
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August 27, 2014
06:01 EDTTAT&T's Ralph de la Vega to oversee enterprise and mobile, Re/code reports
AT&T's Ralph de la Vega has been promoted to CEO of the company's mobile & business solutions organization, Re/code confirms. Glenn Lurie, currently the CEO of AT&T Mobility, will now run the mobile unit. Andy Geisse, AT&T's business solutions head, is retiring after 35 years with the company. Reference Link
August 26, 2014
09:14 EDTTMUST-Mobile says will double data when users' add tablet
T-Mobile says "Starting September 3rd, adding a tablet – any tablet – to a postpaid Simple Choice phone plan costs just $10 per month. And right on top of that, the Un-carrier will match your smartphone’s LTE data plan – up to 5 GB a month – reserved for use on your tablet. For example, a customer with a Simple Choice smartphone plan with 5 GB of LTE data can add a tablet with another 5 GB of data set aside for use on that tablet, for just $10 per month. That’s a total of up to 10 GB of LTE data. And that’s all on top of the 200 MB of free LTE data every single month for the life of your tablet."
09:10 EDTTMUST-Mobile announces expansion of Family plan
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08:44 EDTTMUS, TBest Buy CFO says mobile phone category 'complicated to forecast'
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August 25, 2014
11:48 EDTTAT&T, DirecTV agree to deal with DOJ paving way for merger, NY Post says
AT&T (T) has agreed with the Justice Department on terms paving the way for it to acquire DirecTV (DTV), though it could not be learned what, if any, conditions the department has placed on the merger, according to The New York Post, citing a source close to the process. Reference Link
11:06 EDTTMUSDISH evaluating bid for T-Mobile, says dealReporter citing sources
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09:03 EDTTMUST-Mobile quadruples Simple Starter data with new option
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August 22, 2014
10:15 EDTTVodafone rallies amid reports of AT&T takeover bid, FT says
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07:11 EDTTAT&T may mount bid GBP3 per share bid for Vodafone, Daily Mail reports
AT&T (T) is working on a cash bid worth over GBP3 per share for Vodafone (VOD), according to the Daily Mail. The publication says China Mobile (CHL) may be interested in taking a stake in Vodafone of up to 20%. Reference Link
05:28 EDTTMUSSoftbank capital raise could be used for acquisitions, Bloomberg says
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August 21, 2014
13:16 EDTT, TMUST-Mobile offers free data to users who recruit new customers to its network
T-Mobile (TMUS) is offering its current Simple Choice customers a free unlimited LTE data plan upgrade for a full year when they recruit a Sprint (S), Verizon (VZ), or AT&T (T) customer to its network. The new referred customer will also receive a full year of unlimited LTE data for free as well. If a Simple Choice customer who recruits a new user to T-Mobile's network already has an unlimited LTE data plan, they will receive a $10 credit each month for twelve months. The referral plan starts August 29. Reference Link
11:49 EDTT, TMUSSprint announces $60 per month unlimited wireless plan
Sprint (S) announces an unlimited wireless plan for $60. The plan provides consumers unlimited talk, text and data while on Sprint's network for $60 per month, a $20 savings compared to T-Mobile's (TMUS) $80 per month unlimited plan, the wireless carrier said. The Sprint $60 Unlimited Plan is available to both new and existing Sprint customers starting tomorrow, August 22. To qualify for the plan, customers must purchase their device through Sprint Easy Pay, pay full retail price or bring their own compatible device.
August 20, 2014
06:59 EDTTMUSCox president says not going public, not desiring T-Mobile deal, Reuters says
The president of Cox Communications, Pat Esser, said that the firm is not intent on completing a merger deal with T-Mobile (TMUS) or with any cable provider competitors, which eliminates any rumors surrounding the private firm, according to Reuters, citing comments from Esser. Esser noted that Cox does not have any desire to become a publically traded company at the moment. Reference Link
06:36 EDTTMUSIliad speaks to Google, Microsoft regarding T-Mobile offer, NY Post says
After Iliad's (ILIAF) surprise bid for T-Mobile (TMUS) was rejected, the firm is now in contact with , personnel at Google (GOOG) and Microsoft (MSFT) about working together to come up with a larger offer for the company, according to the New York Post, citing a "well-placed" source. Reference Link
August 19, 2014
10:01 EDTTAT&T confirms plan to deliver U-verse with AT&T GigaPower in Jacksonville
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07:12 EDTTFCC looks into telecom special access line rates, Reuters says
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06:46 EDTTAT&T technology routes calls to multiple devices, Re/code says
AT&T has developed technology that sends calls from one device to many other devices, Re/code reported yesterday. Reference Link
August 18, 2014
19:41 EDTTMUSSprint CEO says regulators weren't set on industry consolidation, Bloomberg says
Sprint (S) recently dropped its bid seeking control of competitor T-Mobile (TMUS).
18:33 EDTTMUS, TSprint introduces Sprint Family Share Pack data plan, doubles high-speed data
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08:47 EDTTMUS, TRaymond James to hold a summit
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