Federal Trade Commission approves acquisition of Virgin Mobile USA

Federal Trade Commission approves acquisition of Virgin Mobile USA
Sprint Nextel has gained the approval from the Federal Trade Commission to acquire Virgin Mobile USA.
The deal is worth around $483 million.
FTC said that they have no objection to this deal.
Sprint still requires the approval from other government bodies like Federal Communications Commission.
Industry experts [...]

Alaska Airline offers Wi-Fi service in-flight

Alaska Airline offers Wi-Fi service in-flight
Alaska Airline has become the latest airline company to offer in-flight wi-fi internet access to its customers.
They are currently offering this service on some of their Boeing 737-700 planes.
For now, the service is available for free on the flights between Seattle and San Jose.
The airline company said that after the [...]

Verizon Wireless to sell assets as part of deal to acquire Alltel

Verizon Wireless to sell assets as part of deal to acquire Alltel
The US Department of Justice has given its approval to Verizon in their quest to acquire Alltel.
Verizon would however be required to sell assets if they are going to acquire Alltel.
The merger of two companies would practically create the largest mobile company in the [...]

XM-Sirius deal gets antitrust approval

XM-Sirius deal gets antitrust approval
U.S. Justice Department has announced that they have now given their approval for the purchase of XM Satellite Radio by rival company Sirius Satellite Radio.
The deal is worth around $4.22 and the authorities said that they believe that the combined entity would not be a disadvantage for their customers.
The two companies [...]

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