AT&T, Inc.’s (NYSE:T) deal may be opposed by U.S. regulators, but Sprint Nextel’s (NYSE:S) CEO Dan Hesse believes that they might be amenable to other major telecom agreements, noting that his company will attempt to avoid participating in a large deal until 2014.
Verizon Communications Inc. (NYSE:VZ) will make an effort to end unlimited data plans, and also will disallow customers keeping those plans upon upgrading to its 4G LTE high-speed mobile network, according to a Wall Street Journal report.
Hewlett-Packard Company (NYSE:HPQ) intends to slash a “significant” amount of jobs, says a source to Business Insider, and that amount will be larger than the projection given so far by CEO Meg Whitman. Her prior estimate was for reducing the number of employees by 10 to 15 percent, and that the layoffs wouldn’t be broad based and that in some cases early retirements might be included, as well.
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