John Paczkowski

Recent Posts by John Paczkowski

AT&T and Verizon Sitting in a Tree, D-U-O-P-O-L-Y

verizon-att-fightjpgAT&T has beaten out some 30 telecommunications carriers and private equity groups to buy the wireless spectrum and other assets that rival Verizon Communications was required to divest as a condition of its recent acquisition of Alltel Wireless. AT&T said this weekend that it will pay $2.35 billion in cash to buy licenses, network assets and some 1.5 million wireless subscribers across 18 states, mostly in rural areas. “Wireless continues to be AT&T’s greatest growth driver, and this transaction will complement our existing network coverage, particularly in rural areas,” said Ralph de la Vega, president and CEO, AT&T Mobility and Consumer Markets. “The acquisition will add network assets, distribution channels and 850 MHz spectrum in a significant portion of the U.S., enabling even better coverage for AT&T’s subscribers in those areas.”

The deal will put AT&T (T) that much closer to parity with Verizon (VZ), which surpassed AT&T to become the largest wireless carrier after its January acquisition of Alltell. Together, the two account for about 60 percent of all U.S. cellular subscribers. 

[Image Credit: IntoMobile]


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik