News

T-Mobile says close of Sprint deal delayed until next year

T-Mobile says it expects its combination with Sprint to close next year as it awaits a December antitrust trial with a group of state attorneys general. The company previously planned to complete the deal this year. The U.S. Department of Justice and the Federal Communications Commission have approved the deal, but a coalition of 15 […]

Samsung Electronics says third quarter profit fell 56%

SEOUL, South Korea (AP) — Samsung Electronics said Thursday its operating profit for the last quarter fell by nearly 56%, with its robust sales of smartphones, displays and TVs offset by a continuously weak market for computer chips. The South Korean technology giant reported an operating profit of 7.78 trillion won ($6.7 billion) for the […]

China accuses US of 'economic bullying' over equipment ban

BEIJING (AP) — China on Tuesday accused the U.S. of “economic bullying behavior” after U.S. regulators cited security threats in proposing to cut off funding for Chinese equipment in U.S. telecommunications networks. China would “resolutely oppose the U.S. abusing state power to suppress specific Chinese enterprises with unwarranted charges in the absence of any evidence,” […]