Verizon hires Loop Capital for spectrum sale

By Reuters UK

Verizon Wireless said on Monday it hired Loop Capital as a second adviser for a proposed sale of wireless spectrum, a move seen as an attempt to help it gain regulatory approval for its controversial plan to buy $3.9 billion (2.46 billion pounds) of airwaves from cable companies. (May 21)

MORE TOPICS: INVESTMENT

FCC seeks details on Verizon spectrum sale offer

By Reuters

The U.S. Federal Communications Commission asked Verizon Wireless for more details on its offer to sell some wireless spectrum on the condition that the company's purchase of another set of airwaves is approved by regulators. (May 15)

Falcone's LightSquared files for bankruptcy

By Reuters

LightSquared, the wireless startup backed by hedge fund manager Philip Falcone, on Monday filed for Chapter 11 protection. (May 14)

MORE TOPICS: COURT, NEW YORK

U.S. Update: Google vs. AT&T: Who's to Blame for the Delayed Android Updates?

By IBTimes AU

Many people who have Android-based smartphones and tablets are becoming frustrated due to the lack or slow roll out of Android updates. Both Google and mobile carrier AT&T are refusing to take the blame for this situation. (May 11)

MORE TOPICS: AT&T, ANDROID

Union warns Verizon cable deal could end competition

By Reuters

Allowing proposed multibillion-dollar airwave deals between Verizon Wireless and several cable operators could mean the end of a competitive telecommunications landscape, saddling consumers with higher prices and diminished choice, the largest union for telecoms workers told U.S. regulators. (May 08)

MORE TOPICS: TELECOMS, BROADBAND, INTELLECTUAL PROPERTY, INVESTMENT

Analysis: Murdoch's Fox TV licenses seen surviving UK scandal

By Reuters

Rupert Murdoch faces limited risk of losing News Corp's broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company. (May 07)

MORE TOPICS: RUPERT MURDOCH, NEW YORK, LAWYER, LAW FIRM, FBI, LONDON

Analysis - Murdoch's Fox TV licenses seen surviving UK scandal

By Reuters UK

Rupert Murdoch faces limited risk of losing News Corp's broadcast permits in America, even amid screaming headlines in Britain that the media mogul is unfit to run a major company. (May 07)

MORE TOPICS: RUPERT MURDOCH, NEW YORK, LAWYER, LAW FIRM, FBI, LONDON

Icahn Sells LightSquared Debt, Creditors Extend Talks

By Reuters

Billionaire investor Carl Icahn has sold his $250 million debt holdings in Philip Falcone's telecom start-up LightSquared MOSAV.UL, while Falcone continues to negotiate with creditors to avoid a debt default, according to sources familiar with the matter. (May 07)

MORE TOPICS: CARL ICAHN, MANAGEMENT, INVESTMENT

Exclusive: Icahn sells LightSquared debt, creditors extend talks: sources

By Reuters

Billionaire investor Carl Icahn has sold his $250 million debt holdings in Philip Falcone's telecom start-up LightSquared <MOSAV.UL> while Falcone continues to negotiate with creditors to try to avoid a debt default, according to sources familiar with the matter. (May 06)

MORE TOPICS: CARL ICAHN, INVESTMENT

Swat Secret Weapon: Recon Scout Robot Designed To Secretly Enter Dangerous Situations Before Emergency Units [PHOTOS]

By IBTimes

The Recon Scout robot is being dubbed a secret weapon for SWAT Teams and Emergency Service Units across the country. (May 03)

MORE TOPICS: AFGHANISTAN, IRAQ