Sprint Gets a New Phone and 2 Telecom Stocks Seeing Action

Vodafone (NASDAQ:VOD): As reported by the Financial Times this morning, Verizon Communications (NYSE:VZ) and AT&T (NYSE:T) are to put forward a bid to split up the UK’s Vodafone Group. The Wall Street Journal later said the proposed deal will be pitched at a 40 percent premium to Vodafone’s current price and will see Verizon Communications buying Verizon Wireless and Vodafone’s U.S. assets and AT&T taking Vodafone’s European assets.

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Verizon Communications (NYSE:VZ): Verizon Communications and New York City will test to more quickly install fiber-optic cables under sidewalks, Bloomberg said. The program will let Verizon use “micro-trenching” or “saw cutting” methods, or basically carve shallow grooves out of the ground in order to open space for cables. The trial will start with 12 sites across the five boroughs.

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Sprint (NYSE:S): Sprint will start taking pre-orders for the HTC One smartphone on April 5, with users able to go online or into a store to pick their device up starting April 19. Since the 64GB is an AT&T exclusive, Sprint customers will only be able to buy it in 32GB for $200, Engadget said.

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