AT&T Relies on Wi-Fi and 4 Telecom Titans Attracting Interest
Sprint Nextel Corp. (NYSE:S): Current Price: $5.89
The company will begin to introduce FM radio capability, and this is because of a partnership with the American radio industry. This feature will come through what Sprint has called “NextRadio”, featuring various interactive features, but there are no known specifics. What differentiates this from the standard FM radio capabilities on a few of the devices that are currently on the market is that it will not require special hardware, which suggests that Sprint device would be able to use it.
Verizon Communications Inc. (NYSE:VZ): Current Price: $43.38
A U.S. regulator is to request backup power requirements for telephone companies including Verizon Communications Inc. as a way to prevent any repeats of the emergency- service disruptions to over 3 million people after storms last June, claim officials. Furthermore, carriers will find it necessary to more closely monitor their networks and would face improved outage-reporting requirements under proposals that are to be announced today by the Federal Communications Commission, according to two agency officials requesting to not be named since the proposal has not been made public.
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AT&T, Inc. (NYSE:T): Current Price: $34.43
Wi-Fi is to be important in AT&T’s multibillion-dollar initiative as a way to raise the density of its wireless network, one of the operator’s top executives claims. “Our objective for 2014 is that we won’t do any small cell or in-building systems that don’t include Wi-Fi,” stated John Donovan, who is senior executive vice president, AT&T Technology and Network Operations.
Vodafone Group plc (NASDAQ:VOD): Current Price: $26.58
Verizon Communications (NYSE:VZ) CEO Lowell McAdam has claimed that they have not been talking with Vodafone Group in regards to taking full ownership of their Verizon Wireless venture, although there was market speculation during the week, according to Reuters. Verizon owns 55 percent of the wireless venture.
Alcatel-Lucent, S.A. (NYSE:ALU): Current Price: $1.61
It is possible that France may take part in the purchase of Alcatel-Lucent’s submarine cable unit in a deal that focuses on easing financial pressure on the troubled telecoms gear maker, according to French business newspaper Agefi, Reuters reports.
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