PepsiCo will buy the Israel-based DIY soda company SodaStream in a deal worth $3.2 billion. The move is widely seen as an effort by Pepsi to prop up its catalog of “healthy” food and drink options as it continues to wage battle against longtime rival Coca-Cola. Both PepsiCo and Coca-Cola have invested heavily in both…
In a move that was almost assuredly designed to garner less than normal attention, this week in the middle of summer the FCC quietly announced that it would now be taking comments from the public about the upcoming T-Mobile/Sprint merger.
There are many reasons that AT&T’s merger with Time Warner presented the clear possibility of harming consumers. Somewhere on the list is the possibility of turning the carefully curated, profitable, and beloved HBO into a big-data monster like Netflix. To hear AT&T’s executive in charge of the cable channel tell it,…
The planned merger between T-Mobile and Sprint is not happening after the two telecom giants “were unable to find mutually agreeable terms,” both companies confirmed in a statement on Saturday.
The $13.7 billion purchase of Whole Foods only received a green light on Wednesday, but the company has already announced that the deal will be done on Monday, August 28th. In a PR statement that will inspire lovers of $6 asparagus water, Amazon says that it will immediately drop the notoriously high prices at the…
America’s long national cable company horror show is far from over. In fact, it just got a lot worse because the Federal Communications Commission has officially approved the Charter-Time Warner Cable merger.
Less than two weeks ago, New York approved the merger between customer service nightmare Time Warner Cable and not-quite-so-famously-bad Charter Communications. Almost immediately, Time Warner is raising its prices in New York. Updated: The numbers previously used in this post were incorrect and have been changed.
How does Charter convince us that buying Time Warner Cable is good for people like you and me? Infuriatingly. One of the consumer benefits of the merger, according to Charter, is that they’ll actually obey the FCC’s net neutrality rules if it passes. How gracious! Were they planning to disobey if they don’t get their…
The proposed $45.2 billion acquisition of Time Warner Cable by Comcast—the nation's two largest cable and home Internet providers—has once again raised the specter of monopoly control over yet another American utility. Are these fears overblown? Nope! It's really that bad.
T-Mobile and MetroPCS will merge, boosting T-Mo from the fourth-largest operator to the...fourth-largest operator. [LAT]
As we all know, German mobile communications giant Deutsche Telekom had betrothed it's American daughter T-Mobile to AT&T. Then things went south. But though T-Mobile was left standing alone at the altar, it won't necessarily be left empty-handed. Here's the rundown on exactly what they're getting as a breakup fee.
Now that the AT&T-Mo deal has been revived from its coma and shot in the head, the vultures are out! Bloomberg reports Dish Network wants to snatch up the little German carrier to create... something?
AT&T has issued an official response to the FCC's report on their attempted merger with T-Mobile. And boy do they get feisty!
While AT&T's withdrawl from their merger position does allow the telecom giant to resubmit its request if it can beat a Justice Department antitrust suit over the deal, it may not want to now that the FCC has released its findings.