China Approves Nokia's Alcatel-Lucent Acquisition
Nokia's attempt to acquire Alcatel-Lucent has cleared another hurdle now that it has won approval from China's Ministry of Commerce. The anti-monopoly body will allow the proposal to move forward under certain conditions, which mostly pertain to licensing standard essential patents. The deal has already won approval from most governmental bodies around the world and is awaiting only for approval from France, Alcatel-Lucent's home country. Nokia expects to close the deal during the first half of 2016.
Jul 26, 2019
The US Department of Justice has given its blessing to the proposed merger of T-Mobile and Sprint. Several conditions — including a comprehensive deal with Dish intended to create a small fourth national carrier — have satisfied the federal government's anti-trust concerns.
Nov 13, 2018
Essential Products today said the magnetic snap-on headphone jack it announced over the summer is available for the Essential Phone. Like existing Essential Phone accessories, the 3.5mm headphone jack is a modular attachment that affixes to two small poles on the rear of the phone.
Feb 16, 2018
Essential Products today outed a fourth new color of its PH-1 Essential Phone that's exclusive to Amazon. The Halo Gray version of the Essential Phone is available for preorder from Amazon.com for $449 starting today.
Oct 22, 2017
Essential Products today dropped the price of its PH-1 smartphone by $200. In order to score the new price, consumers will need to order the phone from Essential.com.
May 24, 2018
Essential Products is for sale, reports Bloomberg, and has cancelled plans to develop a new phone. The company has hired a financial firm in order to help advise it on a potential sale, according to Bloomberg's sources, who also say Essential has already received interest from one possible buyer.