China Unicom (Hong Kong) Ltd. said Thursday net profit surged 89 percent in the first quarter from a year earlier as its third-generation mobile communications network and fixed-line broadband businesses continued their rapid growth.
Dish Network Corp.’s $25.5 billion bid for Sprint Nextel Corp. offers more value to shareholders than the wireless company’s original deal with Japan’s Softbank Corp., Sprint investor Paulson & Co. said Tuesday.
Messaging apps with funny names like WhatsApp, WeChat and KakaoTalk have become an indispensable form of communication for hundreds of millions of people world-wide. They are also rankling technology giants from Silicon Valley to Seoul.
Vittorio Colao, chief executive of Vodafone Group, left the door open to the possibility of a near-term deal that would change the ownership of one of the most closely watched partnerships in the telecom industry: Mobile-phone giant Verizon Wireless.