CES: T-Mobile Says It Will Pay Early Termination Fees To Win Mobile Phone Users From Rivals

By | Wednesday January 8, 2014 @ 2:02pm PST

“We’re ending contracts forever, for everybody,” T-Mobile CEO John Legere said today in one of the most widely watched — as well as funniest — announcements at the International CES confab. The No. 4 mobile phone provider says it will pay early-John-Legere__140108215730termination fees of up to $350 per line for up to five lines, and offer as much as $300 credit for the customer’s phone. This is Legere’s latest effort to rock the mobile industry which, he says, “blows. It’s just broken.” Earlier this week AT&T had security escort Legere out of a company party at CES where rappeInternational CES logor Macklemore was performing. (“I’m not sh*tting you. I just love Macklemore,” Legere says.) The T-Mobile chief has targeted AT&T, whose plan to buy the smaller company was thwarted in 2011 when the Justice Department raised antitrust objections. Last week AT&T pre-emptively said it will offer T-Mobile customers up to $450 to switch. Legere says he’s unfazed: “AT&T is a total source of amusement for me… . AT&T takes my bullsh*t.” Read More »

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Dish Network Shares Rise After T-Mobile’s $3.3B Spectrum Deal With Verizon

By | Monday January 6, 2014 @ 7:24am PST

This was already destined to be an interesting day for Dish Network as it prepares its annual presentation at the Dish NetworkInternational CES confab in Las Vegas to unveil expanded services for its Hopper DVR and Sling Internet streaming box. … Read More »

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Broadcasters, Wireless Providers Ask FCC For Spectrum Re-Allotment Rules

By | Friday January 25, 2013 @ 12:04am PST

A coalition of broadcasters, wireless providers, and chip makers Thursday urged the FCC to adopt guidelines to minimize potential conflict between broadcasters and wireless companies as the agency strives to cope with rising stress on bandwidth. Because of ever-increasing Read More »

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AT&T,T-Mobile Partner To Help Wireless Customers Affected By Hurricane Sandy

By | Wednesday October 31, 2012 @ 1:30pm PDT

AT&T and T-Mobile USA have reached a temporary agreement to enable roaming on their networks to customers of both providers in areas most affected by Sandy. … Read More »

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Consumer Advocates Wary Of Verizon Wireless Spectrum Deal With T-Mobile

By | Monday June 25, 2012 @ 11:17am PDT

The reason: T-Mobile probably will now end its effort to block Verizon Wireless’ deal to pay nearly $4B for Comcast and other cable operators’ wireless spectrum — part of a broad peace agreement between the companies. Verizon Wireless said today that it will turn over to T-Mobile spectrum that reaches 60M potential customers (including areas of the northeast where T-Mobile is weak) in return for cash and spectrum that reaches 22M people (including several areas in California). While the companies didn’t say how much cash was involved, Bernstein Research figures it’s about $260M. But the arrangement “is contingent on the closing” of Verizon Wireless’ deals with cable, which are being reviewed by the Justice Department and the FCC. Last week T-Mobile told the FCC that Verizon’s pact with cable “poses grave competitive concerns” and would significantly diminish competition for wireless broadband in New York, Chicago, Philadelphia, Atlanta, Washington, D.C., and Detroit. Verizon’s new deal with T-Mobile also requires FCC approval. Verizon Wireless CEO Dan Mead says that the T-Mobile agreement “is further evidence of the importance of a secondary spectrum market to give the companies the flexibility to exchange or acquire spectrum to meet customers’ growing demands for wireless data services.” Read More »

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T-Mobile Asks FCC To Block Verizon Spectrum Deal

By | Wednesday February 22, 2012 @ 11:03am PST

What a difference a few months makes. T-Mobile, which late last year asked the federal government to approve its merger with AT&T (the feds didn’t), is now asking the FCC to block approval of Verizon’s $3.9 billion acquisition … Read More »

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AT&T Reports 4Q Loss As It Recovers From T-Mobile Debacle

By | Thursday January 26, 2012 @ 4:48am PST

ATT Q4 ResultsAT&T shares are down more than 2% in pre-market trading after it dumped a lot of bad news into a 4Q report that includes costs tied to the collapse of its $39B effort to acquire T-Mobile. The phone … Read More »

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Dish Network Shares Rocketing On Speculation Of AT&T Deal

By | Tuesday December 20, 2011 @ 11:53am PST

Dish is up 9.1% in afternoon trading partly based on a theory that the satellite company is in AT&T’s sights now that it has abandoned its effort to merge with T-Mobile. Stifel Nicolaus’ Christopher King is among the analysts who say that it makes sense: AT&T craves spectrum, but it has few places to get it. The Justice Department and FCC nixed the idea of a merger with another wireless phone company. Cable operators also are out after their recent agreement to sell the spectrum they control to Verizon Wireless. That would seem to leave  Dish, even though it was one of the loudest opponents of AT&T’s deal with T-Mobile. Dish founder Charlie Ergen has been amassing spectrum — including some in the 700 megahertz band, which is where AT&T is building its 4G network — to help create his own national broadband and video-streaming service. The satellite company has said that it would like to find a partner to  help pay for his ambitious plan, and identified T-Mobile as a possibility. And even though Ergen says Verizon and AT&T need another competitor, he didn’t rule out a deal with AT&T when asked last month about the possibility. “If the merger is not allowed then it could be” an option, he said in a conference call with analysts. Read More »

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AT&T Succumbs To The Inevitable: Drops T-Mobile Merger Plan

By | Monday December 19, 2011 @ 2:15pm PST

There goes the $4B break-up fee that AT&T promised to pay T-Mobile owner Deutsche Telekom if the merger went awry. Meanwhile, shares of Sprint Nextel — which risked being marginalized by the AT&T/T-Mobile combo — are up 7.9% in … Read More »

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Dish Network Develops Web TV Plans While It Weighs Partnership Options: Bloomberg

By | Monday December 12, 2011 @ 2:06pm PST

For the last week or so we’ve been fascinated by the possibility that Verizon will create a streaming video business. But don’t forget Dish Network, which also owns Blockbuster video. “If Verizon can do it, why can’t we?” Dish Network CEO Joseph Clayton asks Bloomberg. He added that “there’s not a lot of infrastructure you have to put in place for this. The expense is the programming.” Dish is already talking to TV networks about potential licensing deals. Dish also wants to amass wireless spectrum so it can do an end-run around cable and phone company broadband services. Clayton notes that Dish has more opportunities now than it did just a few weeks ago to forge partnerships that might give it better access to the airwaves — and offer a full range of video, voice, and data services.

T-Mobile is a potential ally if its merger with AT&T collapses following Justice Department and FCC attacks on the $39B deal. That appears more likely today: Justice put its antitrust case against the companies Read More »

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AT&T: FCC Report Critical Of T-Mobile Deal Is “One-Sided” And “Cherry-Picks Facts”

By | Thursday December 1, 2011 @ 12:30pm PST

You rarely see a company that does as much business with federal regulators as AT&T does attack them as ferociously as the phone giant did today. AT&T is livid over an FCC staff  study that concluded its $39B wireless phone acquisition of T-Mobile would be anti-competitive and result in lost jobs. The report, released yesterday, ”is so obviously one-sided that any fair-minded person reading it is left with the clear impression that it is an advocacy piece, and not a considered analysis,” AT&T Senior EVP External & Legislative Affairs Jim Cicconi said in a blog post. He adds that the report “cherry-picks facts to support its views, and ignores facts that don’t,” and “treats its own speculations as if they were fact.” Calling the staff effort ”not the fair and objective analysis to which any party is entitled,” Cicconi also blasted the FCC for releasing the document. AT&T withdrew its merger application at the agency after the FCC moved to block it, although the phone company hasn’t formally abandoned the effort to acquire T-Mobile. By making the report public, he says, the FCC showed that “this was intended more for advocacy and to impact public perceptions. And neither is a proper basis for action by a regulatory agency.” Read More »

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FCC Moves To Block AT&T Deal With T-Mobile Forecasting “Massive” Job Loss

UPDATED: The merger of the wireless companies was already on the ropes after August when the Justice Department said it would challenge the deal in court on antitrust grounds. Now FCC Chairman Julius Genachowski is circulating a draft … Read More »

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DirecTV Blames Economy For Weak Sub Growth And PPV Spending

By | Thursday September 15, 2011 @ 3:23pm PDT

DirecTV CFO Patrick Doyle seems to like the idea of merging his company with its closest rival, Dish Network. “Ten years ago we had a deal on the table,” he says. “The strength that you’d have in negotiations would be tremendous.” But he says a combination probably wouldn’t fly in Washington following the Justice Department’s recent decision to fight AT&T’s merger deal with T-Mobile. That “adds more uncertainty to where we are in the merger and antitrust environment.” Meanwhile, he doesn’t seem ready to say that DirecTV needs a deal despite the company’s lackluster domestic subscriber growth in June — to 19.4M, up 4% vs. the same period last year. Doyle attributes the weakness to defections by people who decided they can no longer afford pay TV. “We hope they’re not gone forever,” he says. Yet people who kept their satellite service are spending less. ”We’re not seeing the type of demand that we’d like to see” for pay-per-view movies as well as other events, including fights, he says. As economic pressures grow, controlling programming costs has become “the No 1 issue for the industry. … We’re negotiating harder on marginal (channels).” Read More »

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Will Cable Companies Team Up With Sprint To Offer Wireless Services?

Cable and telecom execs are buzzing this morning about the possibility of a major deal involving Sprint Nextel that could help cable operators offer wireless services along with the standard “triple play” options: TV, wired broadband, and wired … Read More »

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AT&T Buying T-Mobile USA For $39 Billion: Look For Big Telco To Squeeze Big Media

By | Sunday March 20, 2011 @ 3:42pm PDT

AT&T announced the deal ahead of a major wireless conference in Orlando tomorrow. The new entity would be the biggest in the U.S. with 130 million subscribers. The result is that America’s national mobile carrier choices will decrease by one … Read More »

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