Tag: competition

WASHINGTON (Reuters) – A divided Federal Communications Commission on Tuesday approved a report that found for the first time since 2009 there is “effective competition” in the wireless market, a finding that could help Sprint Corp and T-Mobile US Inc to merge. Reuters reported last week that the wireless carriers are close to agreeing on […]

Sprint’s CFO says the unlimited wars on data is not sustainable. Now that all four major U.S. carriers are offering unlimited data plans, and the unlimited wars are truly underway, who will be the first to fold? According to Sprint CFO Tarek Robbiati, providing unlimited data at current prices cannot continue. Being CFO means that […]

LONDON (Reuters) – British mobile operator Vodafone risks being left on the sidelines as rivals converge to break free from just selling ever-cheaper data bundles and become internet companies offering combined services from phones to TV to broadband. Vodafone expanded at breakneck speed through audacious takeovers and now has nearly half a billion mobile customers […]

News highlights for 14 September Japan report shows Apple, Google hinder app competition: Nikkei (Reuters) – Apple Inc and Alphabet Inc’s Google engage in practices that undermine competition in the smartphone app market, Nikkei said, citing a report by Japan’s Ministry of Economy, Trade and Industry. The report looked at how the two U.S. technology giants, […]

SEOUL/JAKARTA (Reuters) – Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week. From complaints that programming libraries offered in […]

BARCELONA (Reuters) – The merger and acquisition activity that has characterized the European telecoms market in recent years could soon grind to a halt, even as Orange looks to seal a potential 10 billion euro ($11 billion) deal for French rival Bouygues. While Orange Chief Executive Stephane Richard believes that the so-called convergence of fixed […]

MUNICH (Reuters) – The European Union plans to take a harder look at whether the collection of vast troves of consumer data by big Internet companies violates competition rules, competition commissioner Margrethe Vestager said on Sunday. “If just a few companies control the data you need to satisfy customers and cut costs, then you can […]

NEW YORK (Reuters) – Sprint Corp could be stronger if merged with a cable company, the U.S wireless company’s chief executive said on Thursday, adding that he was not engaged in any such merger talks. Sprint CEO Marcelo Claure made the comments to Reuters when asked about brisk acquisition activity in the cable and telecommunications […]

SEOUL (Reuters) – For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market. The coming years are set to be more somber for the South Korean tech giant, as it is forced to slash prices and […]
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