AT&T Sells Bonds and 4 Telecom Titans Attract Interest
AT&T, Inc. (NYSE:T) sold 1 billion euros ($1.29 billion) of 20-year bonds on Tuesday, and these bonds have an interest rate, or coupon, of 3.55 percent, which is its second euro-denominated bond in as many weeks after an absence of more than four years.
Sprint Nextel Corp. (NYSE:S): Sprint possesses designs on spectrum neighboring Dish’s 2 GHz licenses, and it has waited for the FCC to auction off licenses in those airwaves, referred to as the PCS H block, which adds their capacity to its LTE network. Alsom, Sprint stated that Dish’s proposal could possibly produce such a high-powered network that it could potentially wash out any signals in the H block. Sprint requested restrictions on Dish’s transmit power, and seems to have gotten them.
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Verizon Communications Inc. (NYSE:VZ): The YWCA of Western Massachusetts has received A grant of $10,000 from the Verizon Foundation to the YWCA of Western Massachusetts as a means support a work force readiness program assisting those who have survived domestic violence in gaining the skills that are necessary to find employment. The grant should fund an eight-week course for survivors, including a career service plan, soft skills training (resume building, interviewing, problem-solving and other cognitive skills, oral communication skills, personal qualities and work ethic, and interpersonal and teamwork skills), hard skills, job search, and employment sustainability training.
Vodafone Group plc (NASDAQ:VOD) started to lead an $8.3 million investment in Jibe Mobile, which is in the process of devep0ping a platform intended to assist developers in integrating Joyn. Joyn is backed by GSMA, and it allows rich communications like IM, voice and video calling, and file transfers.
Alcatel-Lucent, S.A. (NYSE:ALU) has been chosen by Rio Tinto to implement 4G-LTE wireless technology as a way to support its mining operations located in Western Australia’s Pilbara region. This new technology is expected to improve the speed and capacity of existing communications infrastructure for Rio Tinto in Western Australia, which will extend it further with 4G LTE and fibre-optic technologies. Rio Tinto has stated that the enhanced connectivity is expected to support the fast delivery of high-bandwidth data for in-pit mining operations, which includes asset monitoring and other production and safety systems.