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Tag Archives: Rival

AT&T buys T-Mobile for $39bn deal

Deutsche Telekom has sold T-Mobile USA to rival AT&T for $39bn (£24bn), creating the largest US wireless network. The deal sent Deutsche Telekom’s shares to their biggest daily gain yet, and gives AT&T about 43% of the US mobile market. The deal still needs approval from regulators. It also gives the German telecoms giant the cash to buy backs shares ... Read More »

‘Twilight’ Tops Weekend Box Office

Vampires and werewolves ruled at the box office this Fourth of July weekend, with Summit Entertainment’s third installment of “The Twilight Saga” taking in $161.7 million since opening Wednesday. That’s one of the biggest five-day debuts in Hollywood history, previously surpassed by just a handful of films including “The Dark Knight” and last summer’s sequel to “Transformers.” After Monday, “Eclipse” ... Read More »