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Reuters - Business

Big tech cos pull out of San Francisco conferences on coronavirus concerns

Reuters
FILE PHOTO: The Verizon store in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking (Reuters) – Verizon Communications Inc (VZ.N) has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said here on Friday. RSA also said that AT&T Cybersecurity will not participate in the......
Reuters - Business

Verizon withdraws from RSA conference on coronavirus concerns

Reuters
FILE PHOTO: The Verizon store in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking (Reuters) – Verizon Communications Inc (VZ.N) has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said here on Friday. RSA also said that AT&T Cybersecurity will not participate in the......
Reuters - Business

Telus says 5,000 jobs at risk if forced to open network to wireless resellers: report

Reuters
FILE PHOTO: Darren Entwistle, President and CEO of Telus Corporation, delivers his speech to shareholders during their annual general meeting in Edmonton May 9, 2012. REUTERS/Dan Riedlhuber/File Photo (Reuters) – Telus Corp could cut 5,000 jobs and C$1 billion in investments over the next five years if the Canadian telecom......
Reuters - Business

T-Mobile, Sprint amend merger terms, SoftBank takes a hit

Reuters
(Reuters) – T-Mobile US (TMUS.O) and Sprint Corp (S.N) said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank, while leaving the offer to other shareholders unchanged. FILE PHOTO: Smartphones with the logos of T-Mobile and Sprint are seen......
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T-Mobile, Sprint amend merger terms; to close deal as early as April 1

Reuters
FILE PHOTO: Smartphones with the logos of T-Mobile and Sprint are seen in this illustration taken September 19, 2017. REUTERS/Dado Ruvic/Illustration (Reuters) – T- Mobile US (TMUS.O) and Sprint Corp (S.N) said on Thursday that they had agreed on new merger terms and were looking to close the deal as......
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T-Mobile, Sprint near agreement on new merger terms: WSJ

Reuters
FILE PHOTO: Smartphones with the logos of T-Mobile and Sprint are seen in this illustration taken September 19, 2017. REUTERS/Dado Ruvic/Illustration (Reuters) – T- Mobile US (TMUS.O) and Sprint Corp (S.N) are nearing an agreement on new merger terms and the final deal could be announced as soon as Thursday,......
Reuters - Business

We can live with German, EU ideas on vendor regulation: Deutsche Telekom

Reuters
Timotheus Hoettges, Chief Executive Officer of Germany’s telecommunications giant Deutsche Telekom AG addresses the company’s annual news conference in Bonn, Germany, February 19, 2020. REUTERS/Wolfgang Rattay BERLIN (Reuters) – It looks as though German and European policy makers are working towards rules governing vendors of telecoms network equipment that Deutsche......
Reuters - Business

T-Mobile owner sets sights on becoming U.S. number one

Reuters
BONN, Germany (Reuters) – Deutsche Telekom (DTEGn.DE) is aiming to become market leader in the United States, CEO Tim Hoettges said on Wednesday, now that a deal for its T-Mobile US (TMUS.O) unit to take over Sprint (S.N) is within reach. Timotheus Hoettges, Chief Executive Officer of Germany’s telecommunications giant......
Reuters - Business

U.S. urges EU to use 5G by Ericsson, Nokia, Samsung, seen on par with Huawei

Reuters
LISBON (Reuters) – EU countries have no reason to use 5G mobile technology from Huawei because Sweden’s Ericsson (ERICb.ST), Finland’s Nokia (NOKIA.HE) and South Korea’s Samsung (005930.KS) are on par with the Chinese group in the field, a senior U.S. diplomat said. FILE PHOTO: The EU flag and a smartphone......
Reuters - Business

U.S. merger within reach, D.Telekom CEO goes on offensive

Reuters
BONN, Germany (Reuters) – The merger between T-Mobile US (TMUS.O) and Sprint (S.N) is within reach, the head of T-Mobile’s main owner Deutsche Telekom (DTEGn.DE) said on Wednesday, vowing to go on the offensive to close a valuation gap with U.S. market leaders AT&T and Verizon. Timotheus Hoettges, Chief Executive......
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Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns – EU paper

Reuters
FILE PHOTO: Different types of 4G, 5G and data radio relay antennas for mobile phone networks are pictured on a relay mast operated by Vodafone in Berlin, Germany, April 8, 2019. REUTERS/Fabrizio Bensch/File Photo BRUSSELS (Reuters) – Vodafone and Telekom Italia have offered to allow rivals access to sites in......
Reuters - Business

Deutsche Telekom sees slower core earnings growth this year

Reuters
FILE PHOTO: Brochures with the logo of Deutsche Telekom AG are pictured at the shop in the headquarters of German telecommunications giant in Bonn, Germany, February 19, 2019. REUTERS/Wolfgang Rattay BONN, Germany (Reuters) – Deutsche Telekom (DTEGn.DE) forecast that growth in its core earnings would slow to 3% this year......
Reuters - Business

Investors expect any T-Mobile/Sprint deal price haircut to be small

Reuters
(This Feb 11 story corrects reference to value of Sprint’s spectrum in paragraph 11) By Krystal Hu and Sheila Dang (Reuters) – T-Mobile US Inc may be limited in its ability to trim the price of its $40 billion acquisition of Sprint Corp after it overcame regulatory obstacles to completing......
Reuters - Business

Organisers of cancelled mobile conference play down compensation chances

Reuters
BARCELONA (Reuters) – Companies that have spent money on a major telecoms conference in Barcelona that has been cancelled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organisers’ standard insurance, they said on Thursday. The GSMA telecoms body cancelled the Feb. 24-27 event on Wednesday......
Reuters - Business

Mobile World Congress in Barcelona called off over coronavirus fears

Reuters
BARCELONA/BERLIN/PARIS (Reuters) – The Mobile World Congress (MWC), the annual telecoms industry gathering that draws more than 100,000 visitors to Barcelona, was canceled on Wednesday after a mass exodus by exhibitors due to fears over the coronavirus outbreak. Bowing to the inevitable, the GSMA telecoms association that hosts the get-together......
Reuters - Business

Mexico’s America Movil to focus on bringing 5G to Latin America

Reuters
FILE PHOTO: The logo of America Movil is pictured on the wall of a reception area in the company’s corporate offices in Mexico City, Mexico, May 18, 2017. REUTERS/Edgard Garrido/File Photo MEXICO CITY (Reuters) – America Movil, Mexico’s largest telecommunications provider, shed light on its plans to roll out 5G......
Reuters - Business

Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

Reuters
SAN FRANCISCO/SEOUL (Reuters) – Samsung Electronics (005930.KS) on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company. Samsung’s second attempt at a folding......
Reuters - Business

Samsung unveils foldable Galaxy Z phone, Galaxy S with 5G

Reuters
SEOUL/SAN FRANCISCO (Reuters) – Samsung Electronics (005930.KS) on Tuesday unveiled a foldable smartphone shaped like a large makeup compact, its second try at a novel technology that the South Korean cell phone maker hopes will set it apart from rivals Apple Inc (AAPL.O) and Huawei. Rebecca Hirst, head of UK......
Reuters - Business

Merkel’s conservatives stop short of Huawei 5G ban in Germany

Reuters
BERLIN (Reuters) – Lawmakers from German Chancellor Angela Merkel’s ruling conservatives have backed a position paper on 5G mobile networks that recommends tougher rules on foreign vendors while stopping short of banning China’s Huawei [HWT.UL], sources said. FILE PHOTO: The EU flag and a smartphone with the Huawei and 5G......
Reuters - Business

T-Mobile-Sprint merger wins approval from U.S. judge

Reuters
NEW YORK (Reuters) – T-Mobile US Inc’s edged closer to a takeover of Sprint Corp after a federal judge on Tuesday approved the deal, rejecting a claim by a group of states that said the deal would violate antitrust laws and raise prices. During a two-week trial in December, T-Mobile......

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