mergers Archives - Cannon Group
October 28, 2016

Google Denies Potential to be Major Telecom Rival, Pumps Brakes on Google Fiber

Despite recent forays into wireless, Google has put its Google Fiber projects on hold, insisting it's not trying to trying to become a major telecom player.
September 29, 2016

Comcast Sets Sights on Wireless in 2017

Last week, Comcast confirmed plans to launch a mobile service by mid-2017 using Verizon Wireless's expansive nationwide network. Here's what this Comcast/Verizon collaboration could mean for you and the U.S. wireless industry.
April 28, 2015

Behind Comcast’s Failed Acquisition of Time Warner Cable

In 2014, the two biggest cable companies in the U.S. agreed upon a $45 billion deal in which Comcast would acquire Time Warner Cable -- but in the end, Comcast decided to abandon the merger in April 2015. Here's what this collapsed deal means for consumers and the industry.
August 25, 2014

A Price War Rages between Sprint and T-Mobile

In the wake of the failed merger between Sprint and T-Mobile, competition is escalated in the wireless industry. Last week, Sprint implemented a new pricing strategy, eliciting a response from T-Mobile.
June 20, 2014

Sprint Seeks to Acquire T-Mobile in $32 Billion Merger

The price of the merger is about $40 per share for Sprint to purchase T-Mobile, resulting in a total mega-deal of around $32 billion. The intended merger is expected to officially be announced within the next few months.
May 27, 2014

T-Mobile Gains Customers, Advances on Competition

Despite heavy losses of $151 million from promotional efforts in Q1, T-Mobile advances toward a total of 50 million customers. Could T-Mobile’s revolutionary strategy be working?
May 22, 2014

A Breakdown of Big Telecom Mergers

How recent deals between AT&T and DirecTV, Comcast and Time Warner Cable could potentially affect the mobile Industry, and what these mergers mean for you and everyone else.
September 4, 2013

Verizon gains full control of Vodafone; Microsoft acquires Nokia

At the beginning of the week, Verizon announced its most recent deal to shell out $130 billion to own Verizon Wireless, aka Britain's Vodafone, its own wireless unit and business partner. And on Tuesday, Microsoft revealed plans to buy out the once dominant phone maker, Nokia, for the equivalent of $7.2 billion.
August 2, 2013

Changing Tides for U.S. Wireless Carriers

After years of domination in the US, top wireless carriers might finally have to start watching their backs. A more evenly-distributed base of customers would ultimately increase the need for all carriers to have a competitive edge, which could mean better pricing, better devices, better contract terms – or maybe even eliminating contracts altogether.
July 12, 2013

Sprint acquires Clearwire while SoftBank acquires 78 percent of Sprint

What all of this means for the telecom industry, and how it could affect you. Rival carriers should keep a close eye on Sprint in the coming months. With the power of SoftBank funds and the Clearwire network, the merged company is in a very powerful position to create some real competition in the wireless market.