Voices

Centerbridge Won’t Proceed With Deal to Buy LightSquared

LightSquared Inc. said Tuesday that Centerbridge Partners LP has backed out of a tentative deal to buy the company out of bankruptcy, although the wireless venture is pursuing a transaction under similar “architecture” with existing stakeholders.

Voices

Video Boom Forces Verizon to Upgrade Network

Laboring under a surprising load of online-video traffic, Verizon Wireless has had to spend millions more this year to upgrade its network.

Voices

Centerbridge Reaches Tentative Deal for LightSquared Takeover

Private-equity firm Centerbridge Partners LP reached a tentative deal to buy LightSquared Inc. out of bankruptcy proceedings, said people familiar with the matter, potentially upstaging a bid by Dish Network Corp. to take over the wireless telecommunications firm.

Voices

A Gold Rush Hits Wireless Spectrum

The U.S. government’s first major auction of wireless airwaves since 2008 has speculators panning for gold.

Voices

FCC Will Delay Spectrum Auction Until 2015

The Federal Communications Commission said Friday it has delayed until 2015 the timeline for a planned reverse auction of TV airwaves, a decision that reflects the commission’s intent on getting the complex proceeding right.

Voices

AT&T, T-Mobile Weigh Bids For Verizon Wireless Spectrum

AT&T Inc. is considering a bid for a block of spectrum licenses held by Verizon Wireless, setting up a potential contest for the airwaves with smaller rival T-Mobile US Inc., people familiar with the matter said.

Voices

China Mobile Brand Launch Raises iPhone Hopes

China Mobile Ltd. said it plans to introduce a new brand for mobile services on Dec. 18, raising expectations of an imminent start to its iPhone sales in the country.

Voices

T-Mobile Looks to Raise Money to Buy Spectrum

T-Mobile US Inc. plans to sell $2 billion in debt after raising nearly that amount in a stock sale, as the company beefs up its war chest for acquiring wireless spectrum.

Voices

Sprint Shakes Up Sales, Marketing Teams

Sprint Corp. is reshuffling its sales and marketing departments in its first major personnel moves since being acquired by SoftBank Corp. earlier this year.

Voices

France Probes Apple’s Contracts With Mobile Operators

French authorities are probing Apple Inc.’s contracts with mobile operators in France, according to a person familiar with the matter, the latest move by European governments to ramp up pressure on largely U.S.-based tech firms.