Oct 18 Sprint Corp, the No. 4 U.S. wireless carrier, estimated a 3 percent rise in second-quarter operating revenue as heavy promotions helped attract more customers.
The company said it estimated net operating revenue rose to $8.25 billion in the three months ended Sept. 30 from $7.85 billion a year earlier.
Sprint's net loss narrowed to $142 million from $585 million. The latest quarter included a non-cash after-tax gain of $218 million related to certain spectrum swaps with other carriers. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Savio D'Souza)
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.