AT&T, Inc. (NYSE:T): According to the New York Times, after years of limiting companies to no more than one-third of the available spectrum in a territory, the Federal Communications Commission will begin the process to redraw, recalibrate or perhaps remove their existing rules. The FCC is also set to discuss conditions for auctioning off newly reclaimed airwaves. The FCC staff has circulated their proposals to the five-member commission, but the agency will not discuss the possible outcomes before their Friday meeting.
Sprint Nextel Corp. (NYSE:S): This year Sprint Nextel Corp.’s(NYSE:S) stock has more than doubled and their cash is close to a six-year high. According to Bloomberg Business Week, this could mean that the company is preparing to make an acquisition that may include MetroPCS Communications (NYSE:PCS), Leap Wireless International, and T-Mobile USA (DTEGY), thus allowing them to compete against AT&T (NYSE:T) and Verizon Wireless (VZ, VOD).
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Verizon Communications Inc. (NYSE:VZ): Verizon Communications Inc. is the newest member of the Lockheed Martin (NYSE: LMT) Cyber Security Alliance, a group of leading companies in the security industry that are dedicated to addressing the growing threat posed by cyber attacks against the country’s critical internet technology (NYSE:IT) infrastructure.
Vodafone Group PLC. (NASDAQ:VOD): Mobile phone network provider and festival partner,Vodafone Group PLC., may have dropped an “almighty clanger” by accidentally revealing Pearl Jam as the third and final main stage headliner for Download Festival 2013.
MetroPCS Communications, Inc. (NYSE:PCS): MetroPCS Communications added a new smartphone to their Android lineup, the ZTE Anthem 4G, which the carrier will begin offering in the coming weeks. Though the phone runs on the older Android 2.3 Gingerbread operating system, it will be the first-ever 4G LTE handset from ZTE available in the United States.