A hedge fund that controls about 2 percent of MetroPCS Wireless Inc. said Thursday it would vote against the company's $1.5 billion merger with T-Mobile USA Inc., saying the deal includes too much debt at terms “that are not based on any market reality.”
Nexstar Broadcasting Group Inc. has regained its status as the local Fox Broadcasting Co. affiliate in Fort Wayne, Ind., and settled its federal lawsuit alleging that Granite Broadcasting Corp. attempted to monopolize Fort Wayne's local television advertising market, it said Wednesday.
The European Commission released a proposed cybersecurity directive Thursday imposing new reporting requirements for the energy, banking, transportation and health sectors as well as other “enablers of key Internet services,” forcing private companies to divulge all data breaches that significantly impact their operations to government authorities.
Former Sen. Kay Bailey Hutchison, R-Texas, has joined Bracewell & Giuliani LLP in Dallas as senior counsel to advise clients from the banking, energy, transportation and telecom sectors on federal regulatory matters, the firm announced Wednesday.
Verizon Wireless won't face class allegations that it failed to provide workers with meal breaks after a California state appeals court on Monday rejected the plaintiff's argument that the recent Brinker decision changed the law in his favor.
Internet and phone service provider Bharti Airtel Ltd. is buying out an Alcatel-Lucent SA unit from a joint venture the two have had in India in order to gain better control of its fixed line and broadband networks, the company said Tuesday.
Colorado-based cable firm Liberty Global Inc. will acquire U.K. cable provider Virgin Media Inc. for an equity value of $16 billion that includes shares and nearly $6 billion in cash, the companies said Tuesday.
Sirius XM Radio Inc. reached a settlement with the American Association of Independent Music on Thursday, resolving its suit claiming the trade group had taken part in an “industrywide conspiracy” to inflate music licensing rates.
Intercollegiate Broadcasting System Inc. recently told the U.S. Supreme Court that Congress, and not an appeals court, should have revised the structure of the Copyright Royalty Board after it was found to be unconstitutional.
The Court of International Trade on Friday ruled Corning Gilbert Inc.'s coaxial cable connectors were improperly excluded from entry in the U.S., saying the products don't infringe a rival's patent.
Comcast Cable Communications Inc. was hit with a proposed class action in Pennsylvania federal court Friday by a group of business-class customers who say Comcast charged them early termination and Internet equipment fees contrary to their business agreements.
A California federal judge on Friday tossed a putative class action alleging Mercedes-Benz USA LLC’s advertisements misled consumers about parking guidance systems and Sirius radio features being standard on its 2012 luxury coupe models, finding the two named plaintiffs don’t have standing to sue.
Wireline telecommunication services provider Otelco Inc. said Friday that it will be forced to enter into a prepackaged Chapter 11 bankruptcy following the loss of a valuable Time Warner Cable Inc. contract and a blow to its revenue caused by a recent federal communications ruling.
Telecommunications firm Sycamore Networks Inc. on Friday went private in a $18.8 million deal with Marlin Equity Partners, closing out a liquidation plan unveiled last fall and ending a public run that saw the company's market value plummet from an all-time high of $14 billion.
Fox Broadcasting Co. Inc. on Thursday reasserted its argument at the Ninth Circuit that services offered by Dish Network Corp. in connection with an ad-skipping digital video recorder violate the terms of a contract between the two companies and infringe Fox's copyrights.
Powerwave Technologies Inc. was tipped into a free-fall bankruptcy by a secured lender that swept $8.3 million of its cash collateral from Powerwave’s accounts without notice, an attorney for the wireless equipment maker said Thursday.
The U.S. International Trade Commission on Thursday took up a case against Samsung Electronics Co. Ltd, Nokia Corp. and others alleging the companies have imported 3G and 4G wireless devices that infringe a patent held by InterDigital Inc.
The Federal Communications Commission on Thursday approved a change to its experimental device rules, giving medical, health care and other wireless device makers more flexibility to test experimental equipment without needing permits for each planned device.
S.B. Israel Telecom Ltd., an affiliate of investment firm Saban Capital Group Inc., has purchased a controlling interest in Partner Communications Co. Ltd. for an undisclosed price, the firm announced Tuesday.
A former “American Idol” contestant on Friday sued Gibson Dunn & Crutcher LLP, Morrison & Foerster LLP, Fox Inc. and E! Entertainment Television Inc., alleging in Tennessee federal court that the broadcasters and law firms made defamatory statements about him.