AT&T Says It Has the Motivation, Cash to Close T-Mobile Deal Fast
AT&T CFO John Stephens today reiterated the company's commitment to acquiring smaller rival T-Mobile USA. "We continue to move forward with our efforts to complete the T-Mobile transaction...and we will continue to pursue the sale," said Stephens at a conference in New York. Stephens said the company has amassed $10 billion in cash reserves, a $20 billion bridge, and an $8 billion backup to help it make the $39.5 billion acquisition price. "So we clearly have an ability to close the deal very quickly and have those resources. That is the plan," said Stephens. AT&T believes it can beat the lawsuit it is facing from the Department of Justice, though Stephens wouldn't share the company's strategy for doing so. After the Justice Department's trial concludes, AT&T will still face lawsuits from Sprint and C Spire Wireless.
Unlocked Blu S1 Compatible with Most U.S. Carriers
Blu Products recently announced the S1, an inexpensive Android smartphone that's available unlocked from Amazon.com and BestBuy.com. One of the chief benefits of the S1 is its wide compatibility with U.S.
LG Q6 to Come to U.S. as Amazon Prime Exclusive
Amazon today announced that it will soon offer a slew of LG Android smartphones through its Amazon Prime Exclusives program. Among them is the LG Q6 (pictured), marking the first time this particular phone is being made available to U.S.
Blu Vivo 8L Takes Aim At Selfie Fans
Blu Products today announced the Vivo 8L, an update to the Vivo 8 that boasts a powerful selfie camera. The Vivo 8L is based around a 5.3-inch 720p HD screen with curved Gorilla Glass 3.
Samsung's Galaxy S8 Active Heads to T-Mobile and Sprint
Samsung today said its rugged Galaxy S8 Active will soon be sold by T-Mobile and Sprint. The phone has been available from AT&T since earlier this year.
Monopolizing landlines in the past was not enough for them?
They do not need T-Mobile to give them the network spectrum and expansion they so claim.
With what they have, they are more than quite capable. G...
I'm dying to know why Sprint is so opposed to this.
If an AT&T and T-Mobile merger is bad for the customers and will raise prices please explain how this will not BENEFIT Sprint?
That's a lot of money