AT&T Inc's (T.N) rivals have asked U.S. regulators to combine a review of AT&T's proposed purchase of T-Mobile USA with their examination of its plan to buy wireless airwaves from Qualcomm Inc (QCOM.O). The request is the latest move in efforts by companies such as No. 3 U.S. mobile operator Sprint Nextel Corp (S.N) to derail AT&T's plan to buy the U.S. business of Deutsche Telekom AG (DTEGn.DE) for $39 billion. AT&T also agreed in December to pay Qualcomm $1.93 billion for airwaves. AT&T filed last week for approval of the T-Mobile USA deal with the Federal Communications Commission. Rivals including Sprint, Cincinnati Bell Inc (CBB.N), MetroPCS Communications Inc (PCS.N) and Ntelos Holdings Corp (NTLS.O) say the FCC should look at the cumulative impact of both deals to U.S. mobile competition, rather than running separate reviews.
AT&T Inc. is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T traded higher by 1.49% or $0.4606/share to $31.4006. In the past year, the shares have traded as low as $23.78 and as high as $31.00. On average, 30644700 shares of T exchange hands on a given day and today's volume is recorded at 18358366.
QUALCOMM Incorporated (Qualcomm) designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies. Shares of QCOM traded higher by 1.59% or $0.9109/share to $58.1309. In the past year, the shares have traded as low as $31.63 and as high as $59.84. On average, 16704500 shares of QCOM exchange hands on a given day and today's volume is recorded at 9452838.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.1% or $0.0050/share to $4.815. In the past year, the shares have traded as low as $3.70 and as high as $5.31. On average, 61178800 shares of S exchange hands on a given day and today's volume is recorded at 30053512.
Cincinnati Bell Inc. is a provider of data and voice communications services over wireline and wireless networks and a provider of data center operations, related managed services and equipment. Shares of CBB traded higher by 5.9% or $0.16/share to $2.87. In the past year, the shares have traded as low as $2.27 and as high as $3.74. On average, 1497250 shares of CBB exchange hands on a given day and today's volume is recorded at 1778900.
MetroPCS Communications, Inc. (MetroPCS Communications) is a wireless telecommunications provider in the United States measured by the number of subscribers served. Shares of PCS traded higher by 1.8% or $0.3/share to $16.99. In the past year, the shares have traded as low as $7.12 and as high as $17.03. On average, 5260540 shares of PCS exchange hands on a given day and today's volume is recorded at 3973077.
NTELOS Holdings Corp. is a provider of wireless and wireline communications services to consumers and businesses primarily in Virginia and West Virginia. Shares of NTLS traded higher by 0.57% or $0.11/share to $19.37. In the past year, the shares have traded as low as $15.84 and as high as $20.67. On average, 150969 shares of NTLS exchange hands on a given day and today's volume is recorded at 53005.
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