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SoftBank chief woos US, with T-Mobile in view

SoftBank, eyeing a tie-up of its US wireless unit Sprint with T-Mobile, stepped up its campaign Thursday, claiming it could boost competition for Americans as it did in Japan. Masayoshi Son, chairman and chief executive of the Japanese tech giant, touted the benefits of such competition in what was billed as a major address to the US Chamber of Commerce. "Japan had the most expensive Internet before I started," he told the group. "As a result of our challenge, Japan became (the country with) the highest speed Internet and the lowest price."

SoftBank chief woos US, with T-Mobile in view

SoftBank, eyeing a tie-up of its US wireless unit Sprint with T-Mobile, stepped up its campaign Tuesday, claiming it could boost competition for Americans as it did in Japan. Masayoshi Son, chairman and chief executive of the Japanese tech giant, touted the benefits of such competition in what was billed as a major address to the US Chamber of Commerce. "Japan had the most expensive Internet before I started," he told the group. "As a result of our challenge, Japan became (the country with) the highest speed Internet and the lowest price."

SoftBank chief woos US, with T-Mobile in view

SoftBank, eyeing a tie-up of its US wireless unit Sprint with T-Mobile, stepped up its campaign Thursday, claiming it could boost competition for Americans as it did in Japan. Masayoshi Son, chairman and chief executive of the Japanese tech giant, touted the benefits of such competition in what was billed as a major address to the US Chamber of Commerce. "Japan had the most expensive Internet before I started," he told the group. "As a result of our challenge, Japan became (the country with) the highest speed Internet and the lowest price."

Telecom firms mine for gold in big data despite privacy concerns

By Leila Abboud BARCELONA (Reuters) - Last year's revelations over the U.S. tapping of phone and internet data gave telecoms firms pause for thought over whether they should sell their "big data" for gain, but the commercial potential could prove irresistible. Although figures are scarce, analysts think selling data on mobile users' locations, movements, and web browsing habits may grow into a multi billion-dollar market for the business.

Verizon notifies about 3,000 workers that they will have to transfer or find different jobs

SAN FRANCISCO - About 3,000 Verizon Wireless workers will have to transfer to different offices or find new jobs as part of a shake-up that will close five of the company's customer call centres. The changes announced Wednesday affect Verizon offices in California, Connecticut, Georgia, Maryland and Pennsylvania. Verizon is closing customer service centres in some of those states and changing the types of jobs located in other states, said company spokesman Paul Macchia.

Verizon raises salaries of CEO, others

(Reuters) - Verizon Communications Inc said it raised Chief Executive Lowell McAdam's base salary by about 7 percent and his long-term bonus to 750 percent of his base salary from 625 percent. McAdam's total compensation for 2012 was $14 million, with a base salary of $1.4 million, according to a regulatory filing in March. The company also approved salary raises for Chief Financial Officer Francis Shammo and Verizon Wireless head Daniel Mead on Tuesday.

Sprint chief touts telecom consolidation

The head of US number three wireless carrier Sprint on Tuesday touted consolidation for the US mobile industry, but declined to comment on a potential tie-up with T-Mobile USA. Sprint chief executive Dan Hesse said he had argued for some time that industry consolidation -- excluding leaders AT&T and Verizon -- "would be better for the country and better for consumers." "And I still believe that's very much the case," he told analysts on a conference call.

Sprint reports smaller fourth-quarter loss; subscribers increase

By Sinead Carew NEW YORK (Reuters) - Sprint Corp <S.N> reported a smaller fourth-quarter loss than estimated and an unexpected increase in wireless subscribers, sending its shares up 7 percent in early trade. The company, which is 80 percent owned by Japan's SoftBank Corp <9984.T>, said it added 58,000 net subscribers in the quarter compared with the average expectation for a loss of 83,500 subscribers from six analysts contacted by Reuters. Estimates ranged from a loss of 48,000 to a loss of 400,000.

Toronto stock market jumps 137 points amid solid BCE earnings, jobs data

TORONTO - The Toronto stock market was higher Thursday, supported in part by a well-received earnings report from telecom giant BCE Inc. (TSX:BCE) and positive U.S. jobs data. The S The Canadian dollar was ahead 0.15 of a cent to 90.4 cents US. U.S. indexes also registered solid gains as jobless insurance claims, viewed as a proxy for layoffs, fell by a greater than expected 20,000 to 331,000 last week.

BCE rides media, wireless units to profit growth

By Alastair Sharp TORONTO (Reuters) - BCE Inc, Canada's biggest telecommunications company, posted a 17 percent rise in adjusted quarterly profit and raised its dividend on Thursday, helped by strong growth in its media wing and ongoing strength in wireless.
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